Salado TX Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1965
Baths:
MLS#:
8280651
Subdivision:
N/a

ADDITIONAL INFORMATION

Calling all Investors searching for the opportunity of a lifetime in the Historic District of Salado, TX on 1.38 acres! THE LOCATION, across the street from Alexander’s, steps to Barrows Brewery, The Shed, the River, spas, boutiques, and countless restaurants and bars. This triplex property represents an excellent chance to add to the portfolio or for those looking to add passive income. Unit A, currently generating $900/mo is a cozy studio with a full kitchen. Unit B projected to lease at $2000/mo is a stunning large apartment with 2 bedrooms, 2.5 bathrooms + with a huge stand-alone shed; this apartment features a massive gorgeous living room with stunning high-pitched ceiling and incredible natural light, with grand views or the 1.38-acre yard, and private porches, and patios. Unit C, projected to lease at $1975 is a stunning 3 bedroom, 3 bathroom + private car garage apartment. This property is projected to generate $4,875 in total monthly revenue! Not to mention its potential to become an Airbnb which can generate so much more. Whether it's leasing out all three units or occupying one while renting out the others, this triplex offers flexibility to suit various investment strategies. This property also offers the flexibility to be converted into a single-family residence with a lot of potential on 1.38 acres, 6 bedrooms each with full bathrooms, an additional half bathroom, and massive living areas, perfect for a family looking to live an active life in downtown historic Salado. What a great town and location to call home! The property's proximity to major highways provides convenient commuting options to nearby cities, schools, and employers. Invest in the thriving real estate market of Salado, TX, and capitalize on the growing demand for rental properties in this desirable area. Don't miss out on this great investment opportunity and be a part of this great community!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2010
Baths:
MLS#:
4835330
Subdivision:
Chick Sub Ph Six

ADDITIONAL INFORMATION

Ready to kickstart your investment portfolio? Prime location in the coveted Salado Community. This established neighborhood offers convenience only 5 miles from I-35, 40 mins from downtown Austin, 15 mins to Temple and 5 mins to downtown Salado. Each unit boast 3 bed 2 bath, providing ample space and comfort. Fully fenced private backyard offers privacy and a safe haven for each unit. Both units are tenant occupied making for a fantastic investment opportunity.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2011
Baths:
MLS#:
1306027
Subdivision:
Chick Add Ph Two

ADDITIONAL INFORMATION

Ready to kickstart your investment portfolio? Prime location in the coveted Salado Community. This established neighborhood offers convenience only 5 miles from I-35, 40 mins from downtown Austin, 15 mins to Temple and 5 mins to downtown Salado. Each unit boast 3 bed 2 bath, providing ample space and comfort. Fully fenced private backyard offers privacy and a safe haven for each unit. Both units are tenant occupied making for a fantastic investment opportunity.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Salado Real Estate

The median home value in Salado, TX is $499,000. This is higher than the county median home value of $138,100. The national median home value is $219,700. The average price of homes sold in Salado, TX is $499,000. Approximately 72.98% of Salado homes are owned, compared to 16.89% rented, while 10.13% are vacant. Salado real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salado real estate agent to arrange a tour today!

Salado, Texas has a population of 2,469. Salado is less family-centric than the surrounding county with 23.98% of the households containing married families with children. The county average for households married with children is 36.15%.

The median household income in Salado, Texas is $77,727. The median household income for the surrounding county is $52,583 compared to the national median of $57,652. The median age of people living in Salado is 50.6 years.

Salado Weather

The average high temperature in July is 95.4 degrees, with an average low temperature in January of 35.9 degrees. The average rainfall is approximately 34.8 inches per year, with 0.3 inches of snow per year.

Salado Real Estate Market Conditions

  • Median sales price

    $499,000
    10.74% change since last quarter
  • # Active listings

    267
    30-day change

Salado Schools and Demographics

Education near Salado, TX

Metric City County
High School Graduates 97.55 90.69
College Degree - 2 year 6.28 10.64
College Degree - 4 year 56.64 24.22
Graduate Degree 14.68 5.94
Expenditures per Student 7,930 9,373
Students per Teacher 15.3 14.7

Elementary Schools near Salado, TX

School Grades Students P/T Ratio ZIP
Bellaire Elementary PK - 05 578 14.1 76542
Cedar Valley Elementary School PK - 05 738 16.3 76542
Harker Heights Elementary School PK - 05 754 13.6 76548
Jarrell Elementary PK - 03 479 14.5 76537
Mountain View Elementary School PK - 05 886 16.4 76548
Nolanville Elementary School PK - 05 694 15.4 76559
Reeces Creek Elementary School PK - 05 1,125 15.9 76542
Richard E Cavazos Elementary School PK - 05 583 15 76559
Saegert Elementary School PK - 05 976 16 76542
Salado Intermediate School 03 - 06 481 18.5 76571
Skipcha Elementary School PK - 05 978 16.6 76548
Thomas Arnold Elementary School PK - 02 368 17.3 76571
Timber Ridge Elementary School PK - 05 1,089 16.9 76542
Trimmier Elementary School PK - 05 771 13.7 76542

Middle Schools near Salado, TX

School Grades Students P/T Ratio ZIP
Charles E Patterson Middle School 06 - 08 1,249 17.1 76542
Eastern Hills Middle School 06 - 08 737 15.3 76548
Jarrell Int. 04 - 05 181 16.4 76537
Jarrell Middle School 06 - 08 271 12.5 76537
Liberty Hill Middle School 06 - 08 898 16.6 76542
Salado Junior High School 07 - 08 232 14.9 76571
Union Grove Middle School 06 - 08 879 17.5 76548

High Schools near Salado, TX

School Grades Students P/T Ratio ZIP
C E Ellison High School 09 - 12 2,638 16.5 76542
Harker Heights High School 09 - 12 2,354 16.1 76548
Jarrell High School 09 - 12 332 11.1 76537
Killeen ISD Career Center 09 - 12 0 76542
Salado High School 09 - 12 479 12.9 76571

Ungraded Schools near Salado, TX

School Grades Students P/T Ratio ZIP
* Pathways Academic Campus 09 - 12 349 14 76542

Demographics near Salado, TX

Metric City County
Neighborhood Type Suburban
Population 2,469 336,506
Population Density 893 320
Median Age 50.6 30.6
People per Household 2.6 2.8
Median Household Income 77,727 52,583
Average Income per Capita 41,523 25,017