Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2009 Chalk Mill Xing, Unit 10 Salado, TX 76571

    Sponsored
    For Sale
    $174,900

    LAND - Salado, TX

    Lot size:
    0.71 Acres
    Days on Market:
    79
    Last Refresh:
    Jan 23 at 4:06 pm

    Property Features for 2009 Chalk Mill Xing

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    499898
    Lot size
    0.71 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Bret Friemel

    Compass RE Texas, LLC (214) 814-8100

    Listing agent Bret Friemel (254) 231-0209 License #0608976

    Listing date Nov 6, 2025

    MLS# 563640

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land with Mature Trees

    This 0.71-acre lot features mature trees, a wet weather creek, and local wildlife. The property is suited for outdoor relaxation and entertaining. Community amenities include a pool, covered gathering area, and outdoor grill. The location provides convenient access to schools, shopping, and dining. This lot is located in Salado, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Daycare Center Auto Repair Shop Storage Facility Plumbing Service Pet Grooming Service Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.509562
    Latitude
    30.959753

    Nearby Similar for Sale

    • $3,900,000
      167.00 Acres

      167 Acre Ranch Near Salado

      Ranch property with diverse terrain and development potential.
      20949 Firefly Rd, Salado, TX 76571
      View Details
    • New
      $960,000
      32.00 Acres

      32 Acre Wooded Ranch Land

      32 acres of wooded land with excellent views near Salado.
      Tbd Fm-2843, Salado, TX 76571
      View Details
    • $775,000
      12.38 Acres

      Salado Farmhouse on 12+ Acres

      Remodeled farmhouse on 12+ acres with Ag Exemption near Salado.
      2365 Hackberry Rd, Salado, TX 76571
      View Details
    • $275,000
      0.88 Acres

      Salado Airport Hangar Opportunity

      Hangar at the sought-after Salado Airport, off Highway 35.
      15850 Salado Airport Rd, Salado, TX 76571
      View Details
    • $275,000
      13.36 Acres

      Texas Land with Ranch History

      13+ acre property near Salado, rich in Texas history.
      12283 Crows Ranch Rd, Salado, TX 76571
      View Details
    • $550,000
      1,260 SF

      Commercial Buildings in Historic Salado

      Two tenant-occupied commercial buildings on Royal Street in Salado, Texas.
      112 Royal St, Salado, TX 76571
      View Details
    • $4,000,000
      40.46 Acres

      Unrestricted Land with Equestrian Facilities

      40.46 acre Texas ranch with equestrian facilities near Salado.
      6862 Fm 2484, Salado, TX 76571
      View Details
    • $325,000

      Salado Acre with Duplex

      One acre property with duplex near new high school.
      4917 Fm 2484, Salado, TX 76571
      View Details
    • $3,900,000

      Salado Farm Land For Sale

      Prime farm land available in Salado, Texas.
      20949 Firefly Rd, Salado, TX 76527
      View Details
    • $3,674,000

      Salado Farm and Ranch Land

      Prime Texas land suitable for farming and ranching.
      4190 Atkins Rd, Salado, TX 76571
      View Details

    FAQs

    What type of property is this?
    Land - Large lot with mature trees, creek, and community amenities.
    Where is this land located?
    The property is located at 2009 Chalk Mill Xing, Unit 10 Salado, TX.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: - Large lot with mature trees, wet weather creek, and wildlife; - Access to a community pool, covered gathering area, and outdoor grill; - Close proximity to schools, shopping, and dining
    (254) 541-2410
    Request Owner's contact information
    2009 Chalk Mill Xing, Unit 10 Salado, TX 76571
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2009 Chalk Mill Xing, Unit 10
    Salado, TX 76571
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2009 Chalk Mill Xing, Unit 10 Salado, TX 76571
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bret Friemel
    Real Estate License ID: 0608976
    (254) 541-2410
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.