#574336, Leeroy Kusto, Listing office: Exp Realty Llc
Property details
About TBD Fm 2268
Located one mile east of I-35, this expansive 168+ acre property is a prime prospect for development. Near downtown Salado this property has an agricultural tax exemption and no known restrictions. You have an impressive 80 feet of elevation change, from the stocked 10+ acre lake to the elevated southeastern corner with diverse recreational spaces including mature woods and hay pastures,. Electricity and a water meter are already in place, running to the abandoned manufactured home on the property. This is a plus for future development. 1200 feet of frontage on FM 2268, which is a plus for accessibility at multiple points. Salado, a unique Texas city celebrated for its art, history, and culture, is a sought-after tourist destination. Located just an hour from the Austin Airport, this property is well positioned for those seeking a harmonious blend of rural serenity and urban accessibility. Seize this opportunity to be a part of the growth and development in this extraordinary region.
Highlights
Home typeUnimproved Land
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Lot size168.794 Acres
MLS #20594657
WaterfrontLake Front, Waterfront
Virtual tour
Summary
- Waterfront: Lake Front, Waterfront
- List Price: $5,000,000
- Lot: Level, Pasture, Waterfront
- Directions: From Dallas or Fort Worth, go South in I-35 to Salado. Exit and turn left on FM 2269. The property will be on the right after one mile.
- Lot Size: 168.794 Acres
- MLS Number: 20594657
- MLS Name: NTR
- Office Name: Realty Of America, LLC, eXp Realty, LLC
- Listing Agent: Chad Smith, Chad Smith
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Price information
Property sales
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Tax history
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Nearby schools
9
Holland Elementary School
Public District PK-5
2.7 mi
•503 Crockett St
5
Thomas Arnold Elementary School
Public District PK-5
6.5 mi
•550 Thomas Arnold Rd
7
Academy Intermediate School
Public District 3-5
8.6 mi
•107 S Pondalily
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,985. Typical income of Salado, TX residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
49%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Hardee's
Texas Roadhouse
Cracker Barrel
What do the neighbors drive?
GMC
Ram
Subaru
What do the neighbors listen to?
Classic Country
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About TBD Fm 2268
The listing price of TBD Fm 2268 property is $5,000,000.
The property TBD Fm 2268 is land located in Salado, Texas, 76571.
Accepting Backup Offers: TBD Fm 2268 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for TBD Fm 2268 are: Holland Elementary School (GreatSchools Rating 9/10), Thomas Arnold Elementary School (GreatSchools Rating 5/10), Academy Intermediate School (GreatSchools Rating 7/10), Holland Middle School (GreatSchools Rating 7/10), Salado Junior High School (GreatSchools Rating 6/10), Academy Middle School (GreatSchools Rating 7/10), Holland High School (GreatSchools Rating 9/10), Bartlett School (GreatSchools Rating 3/10), Salado High School (GreatSchools Rating 8/10).
The property TBD Fm 2268 is 168.794 acres.
This home is located at TBD Fm 2268 in Salado, TX and zip code 76534. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $5,000,000.
While more than 6 listings in Salado, TX in July 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 20 were sold below. Between June and July 2025, Salado, TX real estate market has seen increase in the number of listings by 3.8%. Listings spent 56 days on the market in July 2025, and had a median list price of $559,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.