Active

727 Royal Street #709,711,717,719,725 727

Salado, TX 76571

$1,100,000 $4,637/Mo

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Overview

Bed

Bath

6,528

Sqft

0.75

Acre(Lot)

Description

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 th ree 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 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.

Property Details

Property Type : Residential

Price : $1,100,000

AD Id : 87659180

MLS Id : 618739

Lot Size : 0.75 Acre

Living Area Size : 6,528

Year Built : 1983

County : Bell

Subdivision: Washington Park

Map

What's Nearby

Nearby Areas

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, ThreeOrMoreUnits

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: 0.75

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: $1100000

Cash, Conventional, Other, SeeRemarks

Tax Information

Parcel Number: 208282 Tax Lot: 4, 3 & 2 Tax Block: 1 Tax Legal Desc: HOWERTON ADDITION, BLOCK 001, LOT 0004, 0003 & 0002

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. Package includes 727/725 Royal Street, 719/717 Royal Street, and 711/709 Royal Street.

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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 07/14/2026 @ 13:17

MLS: 618739 LISTED BY: Mandi Weller, Magnolia Realty 512-402-5111 SOURCE: CTEXAS