709 Royal Street #711 & 709, Salado, TX 76571
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709 Royal Street #711 & 709,Salado, TX 76571
$375,000
- - Beds
- - Baths
- 2,176 sq. ft.
- Multi-family
- Active
Listed by: mandi weller
Office: magnolia realty
MLS#:621139
Source:TX_FRAR
Price summary
- Price:$375,000
- Price per sq. ft.:$172.33
About this home
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....
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Home facts
- Year built:1983
- Listing ID #:621139
- Added:1 day(s) ago
- Updated:July 30, 2026 at 05:18 AM
Rooms and interior
- Flooring:Laminate, Tile, Wood
- Bathrooms Description:Vanity
- Kitchen Description:Dishwasher, Electric Range, Microwave, Range, Some Electric Appliances
- Living area:2,176 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central, Multiple Heating Units
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1983
- Building area:2,176 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Brick, Masonry
- Exterior Features:Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Salado High School
- Middle school:Salado Junior High
- Elementary school:Thomas Arnold Elementary
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$172.33
Features and amenities
- Appliances:Dishwasher, Electric Range, Microwave, Range, Some Electric Appliances
- Laundry features:Laundry Room
- Amenities:Multiple Closets
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