727 Royal Street #709,711,717,719,725 & 727, Salado, TX 76571

Salado
Local realty services provided by:ERA Experts
727 Royal Street #709,711,717,719,725 & 727,Salado, TX 76571
$1,100,000
Virtual Tour
  • - Beds
  • - Baths
  • 6,528 sq. ft.
  • Multi-family
  • Active
Listed by: mandi weller, micki matocha
Office: magnolia realty
MLS#:618739
Source:TX_FRAR

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$168.5

About this home

Rare opportunity to acquire a fully occupied package of three duplexes in the heart of Salado. Offering six total units located at 727/725 Royal Street, 719/717 Royal Street, and 711/709 Royal Street, this investment provides consistent rental history with an average estimated 8% cap rate. 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. All three duplexes are currently tenant occupied and are being offered as a package sale only. The properties have demonstrated strong occupancy and provide an outstanding opportunity for investors seeking...

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Home facts

  • Year built:1983
  • Listing ID #:618739
  • Added:10 day(s) ago
  • Updated:July 15, 2026 at 03:35 PM

Rooms and interior

  • Flooring:Laminate, Tile, Wood
  • Bathrooms Description:Vanity
  • Kitchen Description:Dishwasher, Electric Range, Microwave, Range, Some Electric Appliances
  • Living area:6,528 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:6,528 sq. ft.
  • Lot area:0.75 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:$1,100,000
  • Price per sq. ft.:$168.5

Features and amenities

  • Appliances:Dishwasher, Electric Range, Microwave, Range, Some Electric Appliances
  • Laundry features:Laundry Room
  • Amenities:Multiple Closets
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than ERA Experts include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated July 15, 2026

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