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Three-Duplex Residential Portfolio
For Sale
$1,100,000

727 Royal Street, Salado, TX 76571

Residential, Salado, TX

Property Size6,528 SF
Lot Size0.75 Acres
Price / SF$168.50
Days on Market48

Property Features for 727 Royal Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features CeilingFans, MultipleClosets, Vanity
Exterior features RainGutters
Fireplace 1
Appliances Dishwasher, ElectricRange, Microwave, SomeElectricAppliances, Range
Subdivision Howerton Add
Lot features City Lot, Level, Mature Trees
Elementary school Thomas Arnold Elementary
Middle school Salado Junior High
High school Salado High School
Elementary school district Salado ISD
Middle school district Salado ISD
High school district Salado ISD
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.
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
Legal 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 Agency: Magnolia Realty
Listed By: Mandi Weller · License #0640656
Added: Jul 6 Changed: Aug 20 Last Checked: Aug 22 at 5:06PM
MLS# 618739

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.

Investment Insights

Based on property information with market context.

This residential package includes three duplex buildings comprising six total units at 727/725 Royal Street, 719/717 Royal Street, and 711/709 Royal Street in Salado. The combined property size is 6,528 square feet on 0.75 acres. Each duplex contains two approximately 1,088-square-foot units, or approximately 2,176 square feet per building. Every unit has two bedrooms, two full bathrooms, a living area with fireplace, and a breakfast area. Interior features include tile, wood, and laminate flooring, multiple closets, vanities, and ceiling fans, with central heating and central air. The buildings were constructed in 1983 with brick and masonry exteriors, shingle or composition roofs, rain gutters, and septic tank sewer service.

The properties are located on Royal Street within walking distance of downtown Salado, restaurants, shopping, and parks. Most units are tenant occupied, and the three duplexes are offered together as a package or individually. Current rent roll, lease information, and additional financial details are available from the listing agent.

Key Highlights

  • Six total units across three duplex buildings
  • Combined property size of 6,528 square feet on 0.75 acres
  • Each unit offers 2 bedrooms, 2 full bathrooms, a fireplace, and a breakfast area

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

6
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 - Six-unit residential package with two-bedroom layouts, fireplaces, and central heating and cooling.
Where is this duplex located?
The property is located at 727 Royal Street Salado, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six total units across three duplex buildings; Combined property size of 6,528 square feet on 0.75 acres; Each unit offers 2 bedrooms, 2 full bathrooms, a fireplace, and a breakfast area
More about this property
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