1300 Heritage LN
About This Property
With no HOA and light restrictions, you'll enjoy the flexibility to design a home that fits your vision while maintaining the peaceful appeal of the neighborhood. Just minutes from Salado's boutique shops, art galleries, dining, and Mill Creek Golf Club, plus Belton's parks, Stillhouse Hollow Lake, and city amenities, you'll have endless opportunities for recreation and relaxation.
For our active duty military, the property is approximately 30 minutes to Fort Hood, offering a practical and inviting location for your next chapter. A low 1.61 tax rate adds even more value to this rare find.
Key Features:
* 2.77 acres ready for your custom build
* No HOA – design with flexibility
* Located in Salado ISD
* Prime location between Salado and Belton
* About 30 minutes to Fort Hood
* Low 1.61 tax rate
Don't miss your chance to own acreage in one of Central Texas' most desirable areas. Come see 1300 Heritage Ln today.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Listed by eXp Realty, LLC | $235,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017