209 S Main St

3,295 Sq. Ft.
$379 / Sq. Ft.
3,295
Sq. Ft.
$379
per Sq. Ft.

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...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.
  1. Listed by Arion Crenshaw • TREC #0725111 • Engel & Volkers Austin • 512-328-3939

Property Details for 209 South Main Street

Architectural Style
Craftsman, Other, SeeRemarks
Waterfront
Yes
View
CreekStream, Water
State Or Province
TX
LISTING UPDATED: 04/30/2026 06:04 PM

Property Details for 209 South Main Street

StatusActive
MLS #612378
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1987
Lot Size0.57 AC / 24,785 SF
CountyBell County

Location

Listing Courtesy of Engel & Volkers Austin, Arion Crenshaw, TREC #0725111
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Building Information for 209 South Main Street

Stories2Year Built1987Building Size-Lot Size0.57 AC / 24,785 SF

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OriginPoint Mortgage or Rocket Mortgage1

$6,762 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,294

Property Taxes

$468

HOA Dues

$0

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Property Information for 209 South Main Street

Summary
Location and General Information
  • Accessibility Features: Other, SeeRemarks
  • Community Features: Other, SeeRemarks, Sidewalks
  • Directions: Use property address in GPS; From I-35 N: Take exit 284 onto S Main St, for 0.4 miles continue onto S Main St, in 0.5 the property is on your right. From I-35 S: Take exit 284, in 0.7 miles turn left onto Thomas Arnold Rd, in 800 ft turn right onto S Main St, in 800ft property is on left.
  • Elementary School District: Salado ISD
  • Lake Name: Creek/Stream,Water Access
  • Middle Or Junior School District: Salado ISD
  • High School District: Salado ISD
  • Road Frontage Type: CityStreet
  • Major Change Type: NewListing
Parking
  • Carport Spaces: 0
  • Garage: No
  • Garage Spaces: 0
Taxes and HOA Information
  • Association: No
Property
Lot Information
  • Lot Features: CityLot, Other, HalfToOneAcreLot, SeeRemarks
  • Parcel Number: 48988
  • Living Area Source: Plans
Property and Assessments
  • Construction Materials: WoodSiding
  • Human Modified: No
  • Property Condition: Resale
  • Spa: No
  • Stories: 2
  • Year Built Source: Assessor
Utilities
  • Cooling: CentralAir
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: PublicSewer
  • Utilities: HighSpeedInternetAvailable, Other, SeeRemarks
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, CoveredPatio, Deck, Other, Porch, SeeRemarks, WaterFeature
  • Fencing: None
  • Foundation Details: Other, PillarPostPier, Slab, SeeRemarks
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
  • Pool Features: None
  • Roof: Metal
  • View: Yes
  • Water Body Name: Creek/Stream,Water Access
Interior Features
  • Appliances: Other, SeeRemarks
  • Fireplace Features: Other, SeeRemarks
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Other, SeeRemarks
  • Laundry Features: LaundryInUtilityRoom, LaundryRoom
  • Levels: Two, Other
  • Rooms Total: 2
Room 1
  • Room Type 1: Laundry
Room Information
Room 2
  • Room Type 2: GuestQuarters

Property History for 209 South Main Street

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Listed (Active)

CTXMLS #612378

$1,250,000
Aug 18, 2021

Sold

CTXMLS #442477

Jul 9, 2021

Pending

CTXMLS #442477

DateEvent & SourcePrice
04/30/2026

Listed (Active)

CTXMLS #612378

$1,250,000
08/18/2021

Sold

CTXMLS #442477

07/09/2021

Pending

CTXMLS #442477

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 209 South Main Street

Taxable ValueLand$146,979Additions$120,994Total$267,973
Tax Record2024$5,622 ($468 / month)
Home Facts
Total Finished SqFt3,220 SqFtAbove Grade Finished SqFt3,220 SqFtStories2Lot Size24,786 SqFtStyleMiscellaneous CommercialYear Built1987CountyBELLAPN48988Fireplace TypeHas Fireplace

Schools near 209 South Main Street

This home is within Salado Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 11
Rating
School
Distance
Thomas Arnold Elementary School
PublicPK to 5

Salado Middle School
Public6 to 8

Salado High School
Public9 to 12

Bell County Daep
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

209 South Main Street is a single family home for sale in Salado, TX 76571. This property was listed for sale on April 30, 2026 by Engel & Volkers Austin, it's currently listed at $1,250,000. It has been on the market for a total of 7 days and was last sold on August 18, 2021. This listing's school district is Salado Independent School District. Nearby schools include Thomas Arnold Elementary School, Salado Middle School and Salado High School. 209 South Main Street is a 3-bed, 5-bath, 3,295 sqft single family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Engel & Volkers Austin, Arion Crenshaw, TREC #0725111

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.