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Property summary
This exceptional commercial property in the charming town of Salado, Texas, presents a unique investment opportunity. The 1.12-acre lot encompasses the highly sought-after Historic Salado Inn, a multi-faceted income-generating property. The centerpiece is the Village Venue, a substantial 3300-square-foot event center ideal for weddings and other large gatherings. Also included is a charming chapel, adding to the property's versatility and appeal. Currently, the Village Venue generates a… strong monthly rental income of $5000. Adding to the income stream is the Baylor Cottage, currently leased to the Presley Boutique for $2500 per month. A further $1000 in monthly rental income is generated from the Tj Jones Company office space. This established and profitable property offers a blend of historical charm and modern commercial viability, making it an attractive investment for discerning buyers seeking a turn-key operation in a desirable location. The property's strong rental history and diverse income streams provide a solid foundation for future growth and profitability. The location in Salado, a popular tourist destination, ensures consistent demand and potential for increased rental income. This is a rare opportunity to acquire a well-established and profitable commercial property in a thriving Texas town. The property's size and diverse income streams make it an ideal investment for those seeking a stable and lucrative return. The asking price is $1,050,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 615 SF
- Lot area
- 1.12 ac
- Year built
- 1970
- Stories
- 1
- APN
- 61028
- Assessed value · 2024
- $1,192,577
- Annual tax · 2023
- $31,139
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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