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727 Royal Street 709,711,717,719,725 & 727
Salado TX 76571 US

$1,100,000

Active Listing ID 618739
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Lot: 0.75 Acres
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Duplex

$1,100,000

Active Listing ID 618739
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727 Royal Street 709, 711, 717, 719, 725 & 727 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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Property Features

  • Facts
  • Lot Size: 0.75 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • 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: 1100000
  • unparsedaddress: 727 Royal Street
  • unitnumber: 709, 711, 717, 719, 725 & 727
  • postalcity: Salado
  • stateorprovince: TX
  • country: US
  • postalcode: 76571
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.75
  • lotsizeunits: Acres
  • lotsizearea: 0.75
  • livingarea: 6528
  • livingareaunits: Square Feet
  • 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: 2026-07-06
  • 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
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: CeilingFans, MultipleClosets, Vanity
  • exteriorfeatures: RainGutters
  • architecturalstyle: Other
  • otherstructures: Pergola
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • 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/727-Royal-St-Unit-709_Salado_TX_76571_M97931-94872?f=listhub&s=SMABOR&m=618739&c=rexren", "MLSModificationTimestamp":"2026-07-13 18:15:45", "Neighborhoods":[{"Description":null, "Name":"Howerton Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"HOWERTON ADDITION, BLOCK 001, LOT 0004, 0003 & 0002", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/18/2026 1:34:47 PM GMT
Source Updated Date: 7/26/2026 12:50:39 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.