$549,900
Accepting Backup Offers

716 Center Circle

Salado, TX 76571
3379 sqft | 1.38 acres | #8280651
Browse 41 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

**MOTIVATED SELLERS-WILLING TO REVIEW ALL REASONABLE OFFERS**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 home represents an excellent chance to add to the portfolio or for those looking to add passive income. The home is zoned residential or Bed and Breakfast per the Salado Historic Records.
This property offers the flexibility to become 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. The home currently features three independent living areas.
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 bed and breakfast properties in this desirable area. Don't miss out on this great investment opportunity and be a part of this great community!

  • Interior Details
      • InteriorCeiling Fans, Separate Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, Soaking Tub, Storage
  • Property Details
      • Lot DescriptionBack Yard, Front Yard, Gentle Sloping, Trees Medium Size
      • Exterior MaterialsExterior Steps, Rain Gutters
      • ViewNeighborhood, Trees Woods
    • Measurements
      • Acres1.38
      • Square Feet3379
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1965
    • Material information
      • FoundationPillar Post Pier
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Electricity Connected, Phone Available, Water Connected
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionN/A
    • Location
      • Elementary SchoolThomas Arnold
      • School DistrictSalado ISD
      • Middle SchoolSalado
      • High SchoolSalado
      • CountyBell
  • Financial Details
      • Original List Price$575,000
      • Taxes Annual$10,554
      • Days on Market (Cumulative)64
  • Restrictions
      • Pets1
  • Other
      • MLS #8280651

Location

Ranch Roads RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00