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Salado · The Highlands Of Mill Creek SE

$515,000 131 days on market

Reduced from $550,000 · −6.4%

3900 Chisholm Trl, Salado, TX 76571

  • 4bedrooms
  • 3.5bathrooms
  • 2,766sqft
  • 0.51acres
  • 1996year built

About this home

Designed for versatility and long-term value, this property offers a rare setup that works beautifully for multigenerational living, welcoming guests, or generating income through a fully permitted short-term rental. Located in a desirable pocket of the neighborhood with no HOA and the added advantage of an assumable loan, it’s a flexible opportunity from day one.

The main home spans roughly 2,106 square feet with three bedrooms and two-and-a-half baths. Tall 10-foot ceilings, granite countertops, a gas fireplace, generous storage, and well-designed his-and-her closets support comfortable everyday living. Practical updates include a roof replaced about two years ago, new gutters, a five-year-old HVAC system, and blinds throughout. The refrigerator, washer, and dryer convey to make moving in easier.

A detached guest house adds about 660 square feet of bonus space with its own entrance, one bedroom, and one bathroom. It’s ideal as a guest suite, home office, gym, or creative studio. It even includes a wine refrigerator and offers opportunities for future customization such as a kitchenette, loft addition, or expanded shower. The seller (who is a contractor) can complete custom improvements prior to closing at wholesale pricing.

Outdoor living is inviting, with a new Trex deck that overlooks a large fenced yard. Beyond the fence, additional acreage offers room to expand, garden, or simply enjoy extra privacy and space.

Set within a community known for its tree-lined fairways, creek views, clubhouse, and private 27-hole golf course, this property offers a blend of lifestyle, flexibility, and room to grow, no matter how you plan to use it.

Property

Type
Single Family Residence
Levels
One
Year built
1996
Lot size
0.51 acres
Subdivision
The Highlands Of Mill Creek SE
MLS #
ACT2151035

Inside

Bedrooms
4
Bathrooms
3.5
Living area
2,766 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Thomas Arnold
High school
Salado
District
Salado ISD

Costs

Est. annual taxes
$11,000 (2025)

Listing

First listed
Dec 28, 2025
Days listed
131
Original price
$550,000
Status
Active

Listed by Lindsey Hicks, Christie's Int'l Real Estate · [email protected] · MLS# ACT2151035 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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