709 Royal Street, Unit 711

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Address: 709 Royal St #711, Salado, TX 76571, USA
Texas + Apartment Buildings
Created date: August 6, 2026
Date last updated: September 17, 2026
Price: $375,000Investment Analyzer NEW!

Property Description

Rare opportunity to acquire a one or three duplexes in the heart of Salado. This listing is for doors 711/709 Royal Street, but currently you can buy one or all 3 buildings. Doors 719/717 Royal Street, and 725/727 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); 621135 (719&717) 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.
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Broker Details

Mandi Weller
Mandi Weller

Magnolia Realty (512) 402-5111 MLS ID: 0640656 State License Number: 0640656

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Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $375,000
No. of Units: 1
Year Built: 1983
Lot Size: 2,176.00 Sq ft
Opportunity Zone: No
Price per unit: $375,000
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 0
Address: 709 Royal Street, Unit 711, Salado, TX 76571, USA
Provided by:
Standard Status: Active Under Contract
MLS Listing Number: 621139
ID: 3yd-SMABOR-621139
Copyright Disclaimer: 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.

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