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3 & 4 Park Dr, Salado, TX, 76571

4beds
5baths
4,754sqft
$1,995,000
$420price/sqft
$13,708/moest. monthly cost
$548,320/yrincome needed

About This Home

Experience luxury living in this spacious penthouse with stunning views of Salado Creek located in the heart of Mill Creek overlooking Sherrill Park. Entertain in the grand living room with expansive windows that capture the picturesque view of Salado Creek and enjoy the warmth of the striking antique walk-in stone fireplace with 19th century wood paneling and molding. Step inside and immediately be greeted with stunning, one of a kind European chandelier in the formal dining. This property has been totally remodeled with updates to include carpet, lighting, air conditioning, roofing, windows, title flooring, fixtures, and painting throughout. The home boasts two fully equipped kitchens, each with its own cozy breakfast nook—perfect for multi-generational living, entertaining, or extended stays. The main home boasts grand living room, 4 bedrooms, 5 bathrooms. Additionally there is a detached office with two car garage and a fully remodeled guest apartment with efficiency kitchen, bathroom and covered golf card parking. This unique property combines comfort, privacy, and scenic beauty in the heart of Salado.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

7/10
Salado Middle SchoolGrades 6-81.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Lap Siding,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Modular/Prefab
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Range,Electric Water Heater,Refrigerator,Some Electric Appliances,Range
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Beamed Ceilings,Bookcases,Ceiling Fan(s),Double Vanity,Garden Tub/Roman Tub,High Ceilings,Jetted Tub,See Remarks,Separate Shower,Kitchen Island,Kitchen/Dining Combo,Solid Surface Counters
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Attic: Other,See Remarks

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 4,754 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 45700; 399334; 461008
  • Zoning description: residential

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Porch
  • Exterior features: Porch
  • Fencing: None
  • Has view: Yes
  • View description: Creek/Stream
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterbody name: Creek/Stream

Lot

  • Lot size: 6,359 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Tornado
Winter Weather
Cold Wave
Heat Wave
Lightning
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,087$121,044
Home Insurance *$1,088$13,056
Property Taxes $2,011$24,132
Electricity $522$6,264
Total$13,708$164,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$469,988/yr
40% on housing$411,240/yr
45% on housing$365,546/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 76571$375
Bell County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 76571$204
Bell County$145

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-15Listed for sale$1,995,000

For Sale by Agent

AgentRyan Hodge
BrokerageFirst Texas Brokerage Company

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