Water Views
Address
209 S Main Street, Salado, TX
Price
$ 1,250,000
Property Attributes
- MLS#612378
- TypeSingle Family
- Listing Status Active
- CountyBell
- CitySalado
- Zip76571
- Style
- Year Built1987
- Price$ 1,250,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms3
- Sqr Footage3295
- Lot Size0.569 Acres
Data Source:
Central Texas / Four Rivers Association of REALTORS® (CTXMLS)
Property Description
If you've been looking for a property that generates income from day one, The Union on Main delivers exactly that. Leases are in place across a diversified tenant mix, including retail, boutique, salon, office, and massage, with RENT ESCALATIONS ALREADY BUILT IN. Each suite has its own dedicated entrance, yet the entire lower level opens into itself, offering flexibility and more opportunity. The upstairs suite, featuring 2 bedrooms, a bathroom, kitchen, and living area, and the gazebo suite, a 1 bedroom with bathroom, each offer potential as an Airbnb or private apartment, creating MULTIPLE REVENUE STREAMS. Known historically as the Old Davis Mill and designated as Historic Salado Site 18, this 1800s landmark sits on .57 acres in the heart of the Historic Village of Salado, offering 3,295 sq ft of office and retail space plus additional storage and utility space. Thoughtfully updated while preserving its original character, the property features newer siding, a freshly painted exterior, updated HVAC systems, and is on city sewer. Outside, you'll find covered porches, a covered deck, a gazebo deck, a stone walkway, dedicated parking, and an event-friendly concrete patio, perfect for vendor tents or outdoor showcases during Salado's many festivals and events. Positioned directly on Main Street with +/- 100 feet of PRIVATE SALADO CREEK FRONTAGE, opportunities like this are rare. One of Central Texas’s most beloved destinations, Salado offers a walkable downtown with dining, shopping, antiques, and live music, all just off I-35. Locals and visitors alike are drawn to its history, creative spirit, golf-cart friendly paths, and relaxed rhythm of life. Just across the creek from Barrow Brewing, this property sits at the heart of it all, blending strong investment potential with Salado’s signature laid-back lifestyle. Whether you’re looking to run a business or expand your rental portfolio, this is it. Financials available upon request.
| Price History | |
|---|---|
| 4/30/2026 | Listed $1,250,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76571
Price
Year Built
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
