727 ROYAL STREET #709,711,71, SALADO, TX 76571

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List Price$1,100,000

727 Royal Street #709,711,71

Salado, TX 76571

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #618739

6,528

Square Feet

Multi-Unit Residential

Type

About This Property

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 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 Features

Location Information

County

Bell

Directions

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.

Subdivision

Howerton Add

Interior Features

Interior

Ceiling Fan(s), Multiple Closets, Vanity

Floors

Laminate, Tile, Wood

Has Fireplace

Yes

Laundry

Laundry in Utility Room, Laundry Room

Fireplace Description

Family Room, Living Room, Masonry, Wood Burning

Disabled Features

None

Heating

Central, Multiple Heating Units

Appliances

Dishwasher, Electric Range, Microwave, Some Electric Appliances, Range

Cooling

Central Air, 1 Unit, 3+ Units

Total Number of Units

0

Exterior Features

Style

Traditional

Garage Spaces

0

Stories

1

Fencing

None, Partial

Construction/Exterior

Brick, Masonry

Lot Size in Acres

0.75

Exterior

Rain Gutters

Water Body

None

Foundation

Slab

Has Waterfront

No

Possession

Closing & Funding, Closing, Immediately, Negotiable

Has View

No

Water / Sewer

Septic Tank

View

None

Has Garage

No

Is One Story

Yes

School

School District

Salado ISD

Additional Information

Roof/Attic

Composition, Shingle

Property SubType 2

Residential

Other Utilities

Electricity Available

Year Built

1983

Property Type

RI

Status

Active

Property SubType

Duplex

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$5,135

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,963

Monthly Tax

$916

Monthly Insurance

$256

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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