ActiveResidential · sale

700 Willow Creek

Salado, TX 76571

$660,000

  • 3 beds
  • 3 baths
  • 2,597 sq ft
  • 0.37 acres
  • Built 2010

Listed by Keller Williams Realty Lone St · MLS #ACT4085537

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2010.

Garage parking

2 garage spaces listed.

Property size

0.37 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Crafted with intention and timeless appeal, this custom 4-sides masonry limestone beauty sits on over a 1/3 acre lot beneath towering live oaks in Salado’s established Mill Creek community. Built in 2010 and recently updated, the home blends classic Hill Country architecture with modern charm, including a recent architectural shingle roof (2023), recent interior and exterior paint, refreshed landscaping, updated lighting, mirrors, designer hardware, and stone flooring.

Offering 2,597 square feet (BCAD), the home features 3 bedrooms, 2.5 bathrooms, a sunroom/flex room, and separate office through the garage, ideal for a studio or work-from-home space, and a huge laundry room. There are no interior steps inside the home and no carpet, creating seamless flow and easy upkeep.

Inside, vaulted beamed ceilings, a stone fireplace with propane logs, wood-framed windows, iron fixtures, and warm wood cabinetry create a cohesive, elevated aesthetic. It feels like Fredericksburg living in Bell County. The kitchen is positioned just off the main living area for effortless entertaining, including an induction cooktop, double oven, updated dishwasher, microwave, center island and glass cabinets with display lights. A connected butler’s pantry/mud room gives generous storage.

Additional highlights include 2 HVAC units, water softener, irrigation system, recent fencing with drive-through gate, and a stairway to the attic—no pull-down stairs to tackle.

Grab the golf-cart and pop over to Mill Creek Golf Club or historic downtown Salado’s boutiques and dining on neighboring streets. This home offers small-town charm with convenient access. Temple-17 miles, Georgetown-26 miles, Ft Cavazos-30 miles, Austin-Bergstrom Airport-60 miles, and Johnny's-2 miles (IYKYK).

Situated in Salado ISD with a low 2.02% tax rate and no MUD tax or HOA, this distinctive property presents a rare opportunity to own slice of Texas Hill Country in the heart of Salado.

THE NEIGHBORHOOD

Explore the location.

700 Willow Creek, Salado, TX 76571

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Attic Fan, Ceiling Fan(s), Central Air, Electric, Exhaust Fan, Multi Units, Zoned
Heating
Central, Fireplace(s), Propane, Zoned
Appliances
Bar Fridge, Built-In Electric Oven, Built-In Electric Range, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Induction Cooktop, Microwave, Oven, Electric Oven, Double Oven, Plumbed For Ice Maker, RNGHD, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Softener, Water Softener Owned, Wine Refrigerator
Flooring
No Carpet, Stone, Tile, Wood
Fencing
Back Yard, Fenced, Gate, Perimeter, Privacy, Wood
Accessibility
None
Pool features
None
Subdivision
Mill Creek
Parcel
0374023018
HOA
No HOA
Elementary school
Thomas Arnold
Middle school
Salado
High school
Salado
Annual property tax
$13,153.10

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,750.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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700 Willow Creek, Salado, TX 76571 · MLS #ACT4085537

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Listing information

MLS #ACT4085537 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty Lone St
Listing agent: Kari Christ

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.