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709 Royal Street 711 & 709
Salado TX 76571 US

$375,000

Active Listing ID 621139
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4 bed
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2,176 square feet
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4.00 Bath (4 Full)
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Lot: 0.24 Acres
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Duplex

$375,000

Active Listing ID 621139
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709 Royal Street 711 & 709 Rare opportunity to acquire a one or three duplexes in the heart of Salado. This listing is for doors 711/709 Royal Street, but currently you can buy one or all 3 buildings. Doors 719/717 Royal Street, and 725/727 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); 621135 (719&717) 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.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: RainGutters
  • Floor Covering: Laminate, Wood, Tile
  • Roof Type: Composition, Shingle
  • Heating Fuels: Central
  • Additional Features
  • Fireplace

School Information

  • School
  • Thomas Arnold Elementary(Elementary)
  • Salado Junior High(MiddleSchool)
  • Salado High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 375000
  • unparsedaddress: 709 Royal Street
  • unitnumber: 711 & 709
  • postalcity: Salado
  • stateorprovince: TX
  • country: US
  • postalcode: 76571
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2351
  • lotsizeunits: Acres
  • lotsizearea: 0.2351
  • livingarea: 2176
  • livingareaunits: Square Feet
  • latitude: 30.940561
  • longitude: -97.52845
  • listagentfullname: Mandi Weller
  • listagentemail: MandiWeller@MagnoliaRealty.com
  • listagentkey: 3yd-SMABOR-0640656
  • listagentmlsid: 0640656
  • listagentpreferredphone: 5127510540
  • listagentofficephone: 5124025111
  • listofficekey: 3yd-SMABOR-W831007404
  • listagentstatelicense: 0640656
  • listofficemlsid: W831007404
  • disclaimer: Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SMABOR
  • yearbuilt: 1983
  • listingcontractdate: 2026-07-29
  • countyorparish: Bell
  • parcelnumber: 208282
  • elementaryschool: Thomas Arnold Elementary
  • highschool: Salado High School
  • elementaryschooldistrict: Salado ISD
  • middleorjuniorschooldistrict: Salado ISD
  • highschooldistrict: Salado ISD
  • appliances: Dishwasher, ElectricRange, Microwave, SomeElectricAppliances, Range
  • cooling: Central Air
  • constructionmaterials: Brick, Masonry
  • flooring: Laminate, Wood, Tile
  • heating: Central
  • numberofunitstotal: 1
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: CeilingFans, MultipleClosets, Vanity
  • exteriorfeatures: RainGutters
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2
  • otherstructures: Pergola
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -97.52845, 30.940561
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Magnolia Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"MandiWeller@MagnoliaRealty.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Magnolia Realty", "ListBrokeragePhone":"(512) 402-5111", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3001 Joe Dimaggio Blvd. #900 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"W831007404", "ListOfficeCity":"Round Rock", "ListOfficeCountry":"US", "ListOfficeEmail":"kristis@magnoliarealty.com", "ListOfficePostalCode":"78665", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Salado, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/709-Royal-St-Unit-711_Salado_TX_76571_M99932-26159?f=listhub&s=SMABOR&m=621139&c=rexren", "MLSModificationTimestamp":"2026-08-10 20:12:05", "Neighborhoods":[{"Description":null, "Name":"Howerton Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"HOWERTON ADDITION, BLOCK 001, LOT 0002", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/10/2026 8:44:18 PM GMT
Source Updated Date: 8/26/2026 1:01:53 AM GMT

Courtesy of: Mandi Weller, Magnolia Realty, MandiWeller@MagnoliaRealty.com

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.