Date
Details
Price
Change
Source
7/06/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 727 Royal St #709,711,717,719,725 & 727
General
- Price: $1,100,000
- Status: Active
- Type: Duplex
- Source: Central_Texas_MLS
- MLS ID: 618739
- Updated: 7/6/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Multiple Closets, Vanity
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Living Room, Masonry, Wood Burning
- Appliances: Dishwasher, Electric Range, Microwave, Some Electric Appliances, Range
- Flooring: Laminate, Tile, Wood
Rooms
Other Rooms
- Laundry: Laundry in Utility Room, Laundry Room
Exterior
- Exterior Features: Rain Gutters
Location
- County: Bell
- Subdivision: Howerton Add
- Driving Directions: From I-35, take Exit 284 toward Salado. Head east on Royal Street. Continue through downtown Salado, and the properties will be on the left. Package includes 727/725 Royal Street, 719/717 Royal Street, and 711/709 Royal Street.
- Direction Faces: Northeast
School Information
- Elem School District: Salado ISD
- Midd School District: Salado ISD
- High School District: Salado ISD
- Elementary School: Thomas Arnold Elementary
- Middle School: Salado Junior High
- High School: Salado High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit, 3+ Units
- Heating Type: Central, Multiple Heating Units
Utilities
- Sewer: Septic Tank
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Masonry
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 6,528
- Sq. Ft. Source: Appraiser
- Living Area: 6,528 Sq. Ft.
- Year Built: 1983
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Pergola
Lot Features
- Lot Size (Acres): 0.75
- Frontage: City Street, Paved
- Fencing (Description): None, Partial
Financial Considerations
- Terms: Cash, Conventional, Other, See Remarks
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: HOWERTON ADDITION, BLOCK 001, LOT 0004, 0003 & 0002
- Property ID: 208282
- Block: 1
- Lot Number: 4, 3 & 2
Listed by Magnolia Realty
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Listing agents
— 727 Royal St #709,711,717,719,725 & 727 —
Magnolia Realty
Magnolia Realty
254-218-5940
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Schools
Schools serving 727 Royal St #709,711,717,719,725 & 727
School District:Salado Independent School District
| Name | Grades | Distance |
|---|---|---|
Thomas Arnold Elementary School 550 Thomas Arnold Road, Salado, TX 76571 | 3-6 | 1.1 mi |
Salado J High School 1169 Williams Road, Salado, TX 76571 | 7-8 | 1.7 mi |
Salado High School 1880 Williams Road, Salado, TX 76571 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 727 Royal St #709,711,717,719,725 & 727
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727 Royal Street #709,711,717,719,725 & 727, Salado, TX 76571 (MLS# 618739) is a Duplex property with 0 bedrooms and 0 full bathrooms. 727 Royal Street #709,711,717,719,725 & 727 is currently listed for $1,100,000 and was received on July 06, 2026. Want to learn more about 727 Royal Street #709,711,717,719,725 & 727? Do you have questions about finding other Duplex real estate for sale in Salado? You can browse all Salado real estate or contact a Coldwell Banker agent to request more information.