727 Royal Street Unit 709,711,717,719,725 & 727, Salado, TX 76571

$1,100,000
: 6,528
SqFt

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List Price: $1,100,000
Status: ACTIVE
Days on Market: 23
MLS#: 618739
Subtype: Residential
Style: Traditional
Architectural Style: Traditional
Year Built: 1983
Living Area: 6,528
Acres: 0.75
Subdivision: Howerton Add
Neighborhood: Howerton Add

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Property Description

Rare opportunity to acquire duplex portfolio 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. These are also listed individually. See MLS number's 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, 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. Most of the units are tenant occupied and are being offered as a package sale or individual sale opportunity. 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.

512.746.2200

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