The story of this market
The typical home in ZIP 76566 sells for about $599,500, or $209 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,925 a month.
ZIP 76566 — Oglesby
The Salado housing market is currently experiencing a cooling phase, characterized by a high inventory-to-sales ratio and a significant share of listings with price cuts. While median prices remain elevated, the low volume of closed sales suggests a cautious environment for both buyers and sellers. Market activity is largely driven by custom-home demand and regional relocation trends.
This area is best suited for families and buyers seeking custom-home layouts, larger lots, and a small-town atmosphere with convenient access to the I-35 corridor.
Median prices moved up 1.7% year over year.
Homes spend a median of 88 days on market with 0.0 months of supply — a slower-moving market.
41% of listings have cut prices · homes sell at 89% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76571, Bell County TX
Salado ISD is the primary district serving the area, generally characterized by strong community support and academic performance.
The area is subject to standard Central Texas climate risks, including potential for severe thunderstorms and wind events.
Development is characterized by custom-home subdivisions and residential expansion, with proximity to I-35 driving regional connectivity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily rely on I-35 for commuting to employment hubs in Temple, Belton, and the greater Austin metropolitan area.
The area features the historic Salado downtown district, Mill Creek Golf Course, and various local parks and creek-side trails.
The rental market is relatively limited in depth with a mix of single-family homes; recent data indicates a downward trajectory in median asking rents.
The local economy is supported by tourism, retail, and proximity to the larger employment bases of Temple and the Fort Cavazos region.
The area is served primarily by the I-35 highway corridor, providing the main transit link for regional travel.
Ongoing residential development continues in subdivisions such as Mill Creek Springs and Salado Oaks.
The Bell County Appraisal District manages property assessments for all parcels within the county.
Parcels are subject to Salado ISD and various county-level taxing jurisdictions.
Property insurance premiums in this region are influenced by regional weather patterns and hazard exposure common to Central Texas.
Data derived from Census Bureau ZCTA-level profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Circle T Arena4.717 mi
- Dragonstone Ranch510.6 mi
- Coryell Museum and Historical Center4.817.7 mi
- Brookshire Brothers4.312.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent local golf facility serving the Salado community.
Features local boutiques, galleries, and dining establishments.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.