Address
709 Royal Street 711 & 709, Salado, TX
Price
$ 375,000
Property Attributes
- MLS#621139
- TypeMulti-Family
- Listing Status Active
- CountyBell
- CitySalado
- NeighborhoodHowerton Add
- Zip76571
- Style
- Year Built1983
- Price$ 375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2176
- Lot Size0.2351 Acres
Data Source:
Central Texas / Four Rivers Association of REALTORS® (CTXMLS)
Property Description
Rare opportunity to acquire a one or three duplexes in the heart of Salado. This listing is for doors 711/709 Royal Street, but currently you can buy one or all 3 buildings. Doors 719/717 Royal Street, and 725/727 Royal Street are also available, this investment as a large package provides consistent rental history with an average estimated 8% cap rate. See other MLS listing - 618739 for full package or other individual ones: 621123 (727&725); 621135 (719&717) Each duplex consists of two approximately 1,088 SF units (approximately 2,176 SF per building), with every unit featuring 2 bedrooms, 2 full bathrooms, a spacious living area with fireplace, breakfast area, covered patio, and functional floor plan designed for long-term tenant appeal. Perfectly positioned on one of Salado's most sought-after streets, tenants enjoy walkability to charming downtown Salado, local restaurants, shopping, parks, and the community's unique small-town atmosphere. Many of the units are currently tenant occupied. The properties have demonstrated strong occupancy and provide an outstanding opportunity for investors seeking immediate cash flow in one of Central Texas' most desirable rental markets. Contact the listing agent for current rent roll, lease information, and additional financial details.
| Elementary School | Middle School | High School |
|---|---|---|
| Thomas Arnold Elementary Elementary School | Salado Junior High Middle School | Salado High School High School |
| Price History | |
|---|---|
| 7/30/2026 | Listed $375,000 |
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 Multi-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
