$375,000
 $2,013 est/mo Sourced by Back At You

717 Royal Street 717 & 719,Salado, TX 76571

Salado, TX 76571

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Description

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 most 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.

Details

MLS #621135
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1983
Days On Site32
Listing Provided ByMagnolia Realty | Mandi Weller

Features

SQ Feet2,176
Story(s)1
Units1
Acreage0.24
Property ViewNone

Parking

Garage Yes / NoNo

Location

Community FeaturesNone

Area Information

StateTX
CountyBell
CitySalado
Zip Code76571
Community NameHowerton Add
Listing VS Median (in Howerton Add)
Price:
$375,000
low | high
Med:
$375,000
50% of Average
sqft:
2,176
low | high
Med:
2,176
50% of Average
$ / sqft:
$172
low | high
Med:
$172
50% of Average
On site:
32
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 76571

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Learn More About This Property

StateTX
CountyBell
CitySalado
Zip Code76571
Community NameHowerton Add
Listing VS Median (in Howerton Add)
Price:
$375,000
low | high
Med:
$375,000
50% of Average
sqft:
2,176
low | high
Med:
2,176
50% of Average
$ / sqft:
$172
low | high
Med:
$172
50% of Average
On site:
32
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: August 12, 2026 at 10:01:23 AM PDT
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