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209 S Main Street

Salado, TX 76571
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3 Bedroom(s)
2 Full & 3 Half Bath(s)
3,295 Sqft
0.57 Lot Acres
Single Family

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Description

If you''ve been looking for a property that generates income from day one, The Union on Main delivers exactly that. Leases are in place across a diversified tenant mix, including retail, boutique, salon, office, and massage, with RENT ESCALATIONS ALREADY BUILT IN. Each suite has its own dedicated entrance, yet the entire lower level opens into itself, offering flexibility and more opportunity. The upstairs suite, featuring 2 bedrooms, a bathroom, kitchen, and living area, and the gazebo suite, a 1 bedroom with bathroom, each offer potential as an Airbnb or private apartment, creating MULTIPLE REVENUE STREAMS. Known historically as the Old Davis Mill and designated as Historic Salado Site 18, this 1800s landmark sits on .57 acres in the heart of the Historic Village of Salado, offering 3,295 sq ft of office and retail space plus additional storage and utility space. Thoughtfully updated while preserving its original character, the property features newer siding, a freshly painted exterior, updated HVAC systems, and is on city sewer. Outside, you''ll find covered porches, a covered deck, a gazebo deck, a stone walkway, dedicated parking, and an event-friendly concrete patio, perfect for vendor tents or outdoor showcases during Salado''s many festivals and events. Positioned directly on Main Street with +/- 100 feet of PRIVATE SALADO CREEK FRONTAGE, opportunities like this are rare. One of Central Texas''s most beloved destinations, Salado offers a walkable downtown with dining, shopping, antiques, and live music, all just off I-35. Locals and visitors alike are drawn to its history, creative spirit, golf-cart friendly paths, and relaxed rhythm of life. Just across the creek from Barrow Brewing, this property sits at the heart of it all, blending strong investment potential with Salado''s signature laid-back lifestyle. Whether you''re looking to run a business or expand your rental portfolio, this is it. Financials available upon request.

MLS#
SMABOR-612378
List Price
$1,250,000 ($379/Sqft.)
Listing Status
For Sale
Address
209 S Main Street
City
Salado
State
TX
Zip Code
76571
County
Bell County
Legal Description
A0398BC H W HURD, (OUTLOT), SALADO HOMES, ACCENTS OF SALADO, ACRES 0.569
Property Type
Single Family
Bedroom
3 Bedroom(s)
Bath
2 Full & 3 Half Bath(s)
Stories
2
Building Size
3,295 Sqft/Appraisal District
Architecture Style
Craftsman
Year Built
1987 /Appraisal District
Lot Size
0.57 Lot Acres/Appraisal District
LP / Acre
$2,196,837 / Acre

Exterior

Roof
Metal
Exterior Type
WoodSiding
Deck
Yes
Porch
Yes
View Type
Water
Dock
Yes
Exterior
Balcony, CoveredPatio, Deck, Porch, WaterFeature

Interior

Fireplace
Yes
Cooling
Central Air
Heating
Central

Rooms

Rooms
Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 1

Lot Information

Lot Size
0.57 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Central Texas MLS
Source last updated May 03, 2026 at 02:34 AM
Listing last updated Apr 30, 2026 at 03:00 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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