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1120 Old Mill Rd, Salado, TX, 76571

5beds
4baths
3,488sqft
$415,000
$119price/sqft
$3,410/moest. monthly cost
$136,400/yrincome needed

About This Home

PRIVATE SALADO HOME WITH UPDATES THROUGHOUT! This spacious property offers NEW INSIDE PAINT, NEW WOOD LAMINATE FLOORING, NEW CERAMIC TILE, NEW CARPET, NEW GRANITE AND VANITY COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, NEW IMPACT-RESISTANT ARCHITECTURAL SHINGLE ROOF, and TWO NEW HVAC SYSTEMS. Surrounded by mature trees for privacy, this home features multiple living areas, updated finishes, and a peaceful setting on over a third of an acre. Located in the desirable Mill Creek community with easy access to all Salado has to offer. Approx 1/4 mile fom Salado Creek. Only few min walk. Make this your new home!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
Salado Middle SchoolGrades 6-81.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1969

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Disposal,Refrigerator,Water Heater,Microwave,Range
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Game Room,Other,See Remarks,Granite Counters
  • Flooring: Carpet,Ceramic Tile,Laminate
  • Fireplace features: None
  • Attic: None

Heating & Cooling

  • Heating features: Central,Electric,Multiple Heating Units
  • Cooling features: Central Air,Electric,2 Units

Interior Area

  • Total interior livable area: 3,488 sqft

Property

Details

  • Parcel number: 104468

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Covered Patio,Deck,Other,See Remarks
  • Fencing: Back Yard,Wood
  • Has view: Yes
  • View description: None
  • Waterbody name: None

Lot

  • Lot size: 0.37 Acres

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 $2,098$25,176
Home Insurance *$226$2,712
Property Taxes $703$8,436
Electricity $383$4,596
Total$3,410$40,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,914/yr
40% on housing$102,300/yr
45% on housing$90,933/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

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 76571$382
Bell County$154

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
2026-05-12Price change$399,900
2026-04-24Price change$415,000
2026-04-09Price change$425,000
2026-02-24Price change$439,000
2026-02-06Price change$450,000
2026-01-09Price change$473,000
2025-10-28Price change$489,000
2025-10-02Price change$499,000
2025-09-05Price change$525,000
2025-08-10Listed for sale$549,000
2017-04-28Sold--

For Sale by Agent

AgentIsaac Schlabach
BrokerageIsaac Schlabach

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