$240,000
●
Mobile Manufactured -
For Sale
11117 Ridgewood DR
Salado, TX 76571
4 Beds
2 Baths,
1
Half Bath
2,232 Ft²
$1,274
Est. Monthly
About This Property
Rare opportunity to own 2,232 sf (Bell CAD) 4 Bedrooms 2 and half
bath home less than 5 min. from New Salado High School and I.H. 35.
Just in time for the new upcoming school year. 2 storage buildings
convey 1- 16x16 stg, and 1- 8x12 Stg blogs. with room to spare.
Covered front porch and large covered back porch for relaxing and
entertaining. Wood burning fireplace in the family room. Large
kitchen with lots of cabinets and counter space. Large utility
room. Private secluded neighborhood. No traffic one way in and one
way out. Covered parking. Solar panels providing excellent savings
on your electricity bill. Less than a half mile from the new Salado
High School, New Salado football stadium and middle school. Salado
school bus picks students up in this private neighborhood. Baylor
Scott & White pharmacy is just a few minutes away.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$108
Property Type
Mobile Manufactured
Property Taxes
$95
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Unlock MLS #ACT5597296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2026 | Listed by Ashby Real Estate Group | $240,000 | |
| Listed by Ashby Real Estate Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 3, 2020 | In contract | - | |
| In contract | |||
| Sep 25, 2020 | No longer available | - | |
| No longer available | |||
| Sep 1, 2020 | Price Decreased |
$189,900
↓ $9K
(4.6%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Carport
Has Open Parking
Parking Features: Carport, Detached Carport, Gravel, Oversized
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Laminate Counters, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Two Primary Baths, Multiple Living Areas, Primary Bedroom on Main
Appliances: Built-In Electric Range, Free-Standing Refrigerator, RNGHD
Flooring Type: Laminate
Has Fireplace
Fireplace Features: Family Room, Masonry, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2232
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1998
Waterfront Features: None
Levels: One
Other Structures: Residence, RV/Boat Storage
Window Features: None
Construction Materials: Board & Batten Siding
Patio and Porch Features: Covered, Deck, Front Porch, Porch
Pool Features: None
Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Private, Public Maintained Road
Lot Size Area: 21780
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21780
Water Source: MUD
Financial Details
Tax Map Number: 15
Tax Assessed Value: $68,478
Tax Annual Amount: $1,136
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric, Fireplace(s)
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bell
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Currently no similar homes aroundNearby Rentals
Listed by: Jimmy Morales
Listed Office: Ashby Real Estate Group - Listing courtesy of Unlock MLS
Phone: (254) 228-0032
Last Updated: 2026-08-16 04:06:36
Data Source: Unlock MLS, MLS# ACT5597296
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Ashby Real Estate Group - Listing courtesy of Unlock MLS
Phone: (254) 228-0032
Last Updated: 2026-08-16 04:06:36
Data Source: Unlock MLS, MLS# ACT5597296
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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