717 Royal ST #717 & 719, Salado, TX 76571
717 Royal ST #717 & 719, Salado, TX 76571
717 Royal ST #717 & 719, Salado, TX 76571
717 Royal ST #717 & 719, Salado, TX 76571
717 Royal ST #717 & 719, Salado, TX 76571
717 Royal ST #717 & 719, Salado, TX 76571
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$ 375,000
Est. payment | /mo

2,176 SqFt


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$ 375,000
Est. payment | /mo
Save

2,176 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,176 sqft

Price per Sqft $172

Subdivision Howerton Add

MLS Listing ID 621135

Style Traditional

Construction Status Resale

HOA Y/N No

Year Built 1983

Lot Size 10,236 Sqft

Acres 0.235

Property Sub-Type Duplex

Property 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.

Location

State TX

County Bell

Direction Northeast

Interior

Interior Features Ceiling Fan(s), Multiple Closets, Vanity

Heating Central, Multiple Heating Units

Cooling Central Air, 1 Unit, 2 Units

Flooring Laminate, Tile, Wood

Fireplaces Number 1

Fireplaces Type Family Room, Living Room, Masonry, Wood Burning

Fireplace Yes

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

Laundry Laundry in Utility Room, Laundry Room

Exterior

Exterior Feature Rain Gutters

Fence None, Partial

Pool None

Community Features None

Utilities Available Electricity Available

View Y/N No

View None

Roof Type Composition,Shingle

Accessibility None

Building

Faces Northeast

Story 1

Entry Level One

Foundation Slab

Sewer Septic Tank

Architectural Style Traditional

Level or Stories One

Additional Building Pergola

Construction Status Resale

Schools

Elementary Schools Thomas Arnold Elementary

Middle Schools Salado Junior High

High Schools Salado High School

School District Salado Isd

Others

Tax ID 208282

Acceptable Financing Cash, Conventional, Other, See Remarks

Listing Terms Cash, Conventional, Other, See Remarks

Central Texas MLS (CTXMLS)
Listed by Mandi Weller • Magnolia Realty

Schools and Properties Nearby

Jollyn Hilliard

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717 Royal ST #717 & 719