727 Royal Street #709,711,717,719,725 & 727, Salado, TX 76571
Local realty services provided by:CENTURY 21 Scott Myers Realtors
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 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 #:618739
- Added:17 day(s) ago
- Updated:July 24, 2026 at 06:01 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
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