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Active
    • $375,000

    717 Royal St #717 & 719, Salado, TX 76571

    2beds
    2baths
    2,176sqft
    : 
    $2,753/mo
    Get pre-qualified
    Duplex, Multi Family, Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Covered patioBreakfast area
    Rare opportunity to acquire a one or three duplexes in the heart of Salado. This listing is for doors 719/717 Royal Street, but currently you can buy one or all 3 buildings. Doors 727/725 Royal Street, and 711/709 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); 621139 (711&709) 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.
    3 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mandi Weller 512-402-5111,

    Magnolia Realty,

    Micki Matocha 254-423-0614,

    Magnolia Realty

    Source: Central Texas MLS,MLS#: 621135MLS LogoOriginating MLS: Williamson County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Central, Multiple Heating Units
      Cooling
      • Central Air, 1 Unit, 2 Units
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Some Electric Appliances, Range
      • Laundry: Laundry in Utility Room, Laundry Room
      Features
      • Ceiling Fan(s), Multiple Closets, Vanity
      • Flooring: Laminate, Tile, Wood
      • Attic: None
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Living Room, Masonry, Wood Burning
      Interior area
      • Total interior livable area: 2,176 sqft
      Video & virtual tour

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Rain Gutters
      • Pool features: None
      • Fencing: None,Partial
      • Has view: Yes
      • View description: None
      • Body of water: None
      Lot
      • Size: 10,236 Square Feet
      Details
      • Additional structures: Pergola
      • Parcel number: 208282

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Masonry
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • Resale
      • Year built: 1983

      Utilities & green energy

      • Sewer: Septic Tank
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: None
      • Subdivision: Howerton Add
      HOA
      • Has HOA: No
      Location
      • Region: Salado

      Financial & listing details

      • Price per square foot: $172/sqft
      • Date on market: 7/29/2026
      • Cumulative days on market: 4 days
      • Listing agreement: Exclusive Right To Lease
      • Listing terms: Cash,Conventional,Other,See Remarks
      • Tenant pays: All Utilities
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Listed for sale$375,000$172/sqft
        Source: Central Texas MLS #621135 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 76571

        Getting around

        23 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Thomas Arnold Elementary
        • Middle: Salado Junior High
        • High: Salado High School
        • District: Salado ISD

        Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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