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Two-Unit Duplex with Covered Patios
For Sale
$375,000

709 Royal Street 711 & 709, Salado, TX 76571

Each residence offers a two-bedroom, two-bath layout with a fireplace and covered patio.

Property Size2,176 SF
Price / SF$172.33
Days on Market15

Property Features for 709 Royal Street 711 & 709

General Information

Standard status Active
Size 2,176 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Building Details

Year Built 1983
Buildings 1
Listing Agency: Magnolia Realty
Listed By: Mandi Weller · License #0640656
Source: Ashbyregroup
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 5:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnolia Realty

Investment Insights

Based on property information with market context.

This duplex contains two approximately 1,088-square-foot residences, totaling approximately 2,176 square feet. Built in 1983, each unit includes two bedrooms, two full bathrooms, a living room with fireplace, breakfast area, covered patio, and a functional floor plan suited to long-term residential occupancy. The listing identifies the property as doors 709 and 711 Royal Street, with additional duplex buildings also available separately or as part of a larger package.

The property is situated in Salado near downtown, restaurants, shopping, and parks. Several units across the available properties are tenant occupied, and the properties have an established rental history. Current rent roll, lease information, and additional financial details are available from the listing agent.

Key Highlights

  • Two approximately 1,088 SF units totaling approximately 2,176 SF
  • Each unit includes 2 bedrooms and 2 full bathrooms
  • Living area with fireplace, breakfast area, and covered patio in every unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 76571, TX

8,937
Population
3,742
Households
2.4
Avg Household Size
45
Median Age
41%
College-Educated
94%
High-School Grad
125.0 sq mi
ZIP Area
71
Density / Sq Mi
$103,341
Median Household Income
$55,545
Median Earnings
$1,172
Median Rent
$395,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers a two-bedroom, two-bath layout with a fireplace and covered patio.
Where is this duplex located?
The property is located at 709 Royal Street 711 & 709 Salado, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two approximately 1,088 SF units totaling approximately 2,176 SF; Each unit includes 2 bedrooms and 2 full bathrooms; Living area with fireplace, breakfast area, and covered patio in every unit
More about this property
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