Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Block 2 Lot 1 Hackberry Road Salado, TX 76571

    View on Map
    Claim this Listing
    For Sale
    $342,360

    LAND - Salado, TX

    Lot size:
    7.60 Acres
    Added:
    Aug 7, 2025
    Days on Market:
    275
    Last Refresh:
    May 8 at 5:06 am

    Property Features for Block 2 Lot 1 Hackberry Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    060296
    Lot size
    7.60 Acres

    Taxes and HOA fees

    Tax Description
    A0694BC M L ROGER, 4, 4-1, ACRES 7.608

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Matt Riehs

    Listing agent Matt Riehs License #0786852

    Listing office Vertical Integration Realty LL 21040 HIGHLAND KNOLLS DR # 200, KATY, TX

    Listing date Aug 7, 2025

    MLS# 174592 Listing URL

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7+ acre parcel in a desirable rural location
    • Electricity and water meter already available
    • Boasting 315 ft of road frontage
    • Conveniently located near Salado, Temple, Georgetown, Killeen, and Austin
    • Light restrictions allowing for most uses
    • Suitable for a dream home, hobby farm, or tranquil sanctuary

    Overview

    Land Parcel in Salado, TX

    This 7+ acre parcel is located on Hackberry Lane in Salado, TX, within Bell County. The property offers 315 feet of road frontage. It is situated 5 miles from Salado, 21 miles from Temple, 23 miles from Georgetown, 31 miles from Killeen, and 56 miles from Austin. The land is suitable for building a private estate, a hobby farm, or a tranquil sanctuary. Electricity and a water meter are available at the front of the lot. Light restrictions are in place to allow for most uses while protecting the overall aesthetics and property value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.5016316
    Latitude
    30.8916681

    Nearby Similar for Sale

    • $1,500,000
      2,800 SF

      Salado Commercial Opportunity For Sale

      Commercial property in Salado with house and two barns.
      1039 Fm 2268, Salado, TX 76571
      View Details
    • $1,250,000
      3,295 SF

      Historic Salado Mixed-Use Investment Property

      Income-generating property in the heart of Salado's historic village.
      209 S Main Street, Salado, TX 76571
      View Details
    • $1,179,000
      1,384 SF

      Prime Salado Land For Sale

      13-acre tract in Salado, ideal for commercial or development.
      5935 Fm 2484, Salado, TX 76571
      View Details
    • $900,000
      446,925 SF

      Commercial Acreage on FM 2484

      10.26+- Acres on high traffic FM 2484 near IH-35.
      5542 Fm 2484, Salado, TX 76571
      View Details
    • $900,000
      2,080 SF

      Commercial Acreage on FM 2484

      10.26+- Acres on high traffic FM 2484 near IH-35.
      5542 Fm 2484, Salado, TX 76571
      View Details
    • $1,500,000

      Versatile Land in Salado, TX

      7.66 acres ideal for mixed-use, live-work, or commercial development.
      1039 Fm 2268, Salado, TX 76571
      View Details
    • $450,000

      Salado, TX Homesite Acreage

      5+ acre homesite in Salado, build your dream home.
      2682 Royal Street, Salado, TX 76571
      View Details
    • $1,873,300
      1,380 SF

      Lakeside Ranch with Historical Significance

      34-acre lakeside property with Chisholm Trail history in Salado, TX.
      8520 Brewer Lane, Salado, TX 76571
      View Details
    • $750,000
      500 SF

      28 Acres in Salado, TX

      28 acres with creek, building, and utilities in Salado ISD.
      14450 FM 2843, Salado, TX 76571
      View Details
    • $350,000
      5,000 SF

      New Hangar with Customizable Space

      New hangar with unfinished space in Salado Airport Airpark.
      15850 Salado Airport Road, Salado, TX 76571
      View Details
    • $95,000

      Build-Ready Lots in Salado, TX

      Ready-to-build lots near Salado with utilities and flexible design options.
      TBD - Lot 24 Armstrong Loop lot: 24, Salado, TX 76571
      View Details
    • $95,000

      Build-Ready Lots in Salado, TX

      Five lots ready for custom homes near Salado, Texas.
      TBD - Lot 25 Armstrong Loop lot: 25, Salado, TX 76571
      View Details

    FAQs

    What type of property is this?
    Land - 7+ acre land parcel in Bell County near Salado.
    Where is this land located?
    The property is located at Block 2 Lot 1 Hackberry Road Salado, TX.
    What is the asking price?
    The asking price for this property is $342,360.
    What are key features of this property?
    This property features: 7+ acre parcel in a desirable rural location; Electricity and water meter already available; Boasting 315 ft of road frontage
    (346) 318-4918
    We can help!
    Listing Contact
    Matt Riehs
    Real Estate License ID: 0786852
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Block 2 Lot 1 Hackberry Road, Salado, TX 76571
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!