727 Royal Street, Salado, TX 76571
MULTI_FAMILY - Other - Salado, TX
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 8 at 7:06 am
Property Features for 727 Royal Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- CeilingFans, MultipleClosets, Vanity
- Exterior features
- RainGutters
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricRange, Microwave, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 208282
- Size
- 6,528 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOWERTON ADDITION, BLOCK 001, LOT 0004, 0003 & 0002
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Flooring type
- Tile, Wood, Laminate
- Building materials
- Brick, Masonry
- Roof type
- Shingle, Composition
- Architectural style
- Other
- Additional Structures
- Pergola
Listing agent Mandi Weller License #0640656 (512) 751-0540
Listing office Magnolia Realty 7503 Bosque Blvd, TX (254) 218-5940
Listing date Jul 6, 2026
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.
HighLights
- Package of three duplexes with 6 total units in Salado (727/725 Royal St, 719/717 Royal St, 711/709 Royal St)
- Each duplex has two units, each unit approximately 1,088 SF (about 2,176 SF per building)
- All 6 units are 2 bed / 2 full bath and include a living area with fireplace
- Each unit includes a breakfast area and a covered patio
- Central heating and central A/C; flooring includes tile, laminate, and wood
- Brick/masonry construction with composition/shingle roof; septic tank sewer system
Overview
All three duplexes are currently tenant occupied and are being offered as a package sale only. The offering is described as a fully occupied arrangement with demonstrated rental history, with an average estimated 8% cap rate cited for the package. The properties are situated in the heart of Salado, with access to downtown walkability and nearby restaurants, shopping, parks, and community amenities.
For buyers and investors looking to add occupied residential income assets, this package provides six units within three separate duplex buildings. The consistent unit mix and included living features such as fireplaces and covered patios can support straightforward leasing and tenant experience across the portfolio. Please contact the listing agent for the current rent roll, lease information, and additional financial details.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salado
- County
- Bell
- State
- Texas
- Longitude
- -97.52807
- Latitude
- 30.94012