717 Royal Street #717 719, Salado, Texas image 1
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717 Royal Street #717 719

Salado, TX 76571
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$375,000 $1,581/Mo
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Bed 2

Bed

Bath 2

Bath

SqFt2,176

Sqft

Acres0.24

Acre(Lot)

Rare opportunity to acquire a one or three duplexes in the heart of Salado. This listing is for doors 719/717 Royal Street, but currently you can buy one or all 3 buildings. Doors 727/725 Royal Street, and 711/709 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); 621139 (711&709) 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 mos t 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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Detail Ic Property Details

Property Type : Residential

Price : $375,000

AD Id : 88557172

MLS Id : 621135

Beds : 2

Lot Size : 0.24 Acre

Living Area Size : 2,176

Year Built : 1983

County : Bell

Subdivision: Palm Aire

  • Map Map

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Feature Features

  • Interior Features

    CeilingFans, MultipleClosets, Vanity
    Roof: Composition, Shingle
    Appliances: Dishwasher, ElectricRange, Microwave, SomeElectricAppliances, Range
    Laundry Features: LaundryInUtilityRoom, LaundryRoom

  • Heating & Cooling

    Has Heating: Yes Heating: Central, MultipleHeatingUnits Has Cooling: Yes Cooling: CentralAir, OneUnit, TwoUnits

  • Building Information

    Year Built: 1983
    Construction Materials: Brick, Masonry
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Lot Size Acres: 0.235

    Property Information

    Subdivision: Howerton Add Source Property Type: Residential Property SubType: Duplex Direction Faces: Northeast Levels: One Property Age: 43

  • Listing Price Information

    Listing Price: $375000
    Cash, Conventional, Other, SeeRemarks

  • Tax Information

    Parcel Number: 208282 Tax Lot: 3 Tax Block: 1 Tax Legal Desc: HOWERTON ADDITION, BLOCK 001, LOT 0003

  • School Information

    Elementary School: Thomas Arnold Elementary Junior High School: Salado Junior High Senior High School: Salado High School

  • Utility Information

    ElectricityAvailable

  • Location Information

    Direction: From I-35, take Exit 284 toward Salado. Head east on Royal Street. Continue through downtown Salado, and the properties will be on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
725 Royal Street #725 .., Salado, TX, 76571 $375,000 4 4 2,176 2,176 SqFt
727 Royal Street #709,7.., Salado, TX, 76571 $1,100,000 -- -- 6,528 6,528 SqFt
709 Royal Street #711 .., Salado, TX, 76571 $375,000 2 2 2,176 2,176 SqFt

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 08/06/2026 @ 07:32

MLS: 621135 LISTED BY: Mandi Weller, Magnolia Realty 512-402-5111 SOURCE: CTEXAS

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