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$3,250

240 W Colorado St, La Grange, TX, 78945

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths4,350 Sq Ft
Mixed UseMixed Use
price_per_sqft$0.75 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTile, Wood

Exterior

Lot Size4,352 sqft

Building Information

Year Built1970

Land Information

APN37497
Land UseCommercial
Legal DescriptionMOORE JOHN H (445) LOT FRC OF 144 & 149 BLK 19 0.0999 4,350 SFT, COMM BLDG
Census Tract970302
Assessed Land Value$44,500
Assessed Improvement Value$234,270
Assessment Year2025

About this property

Located in the heart of historic La Grange, this +/-4200 sq. ft. commercial retail space is available for lease in downtown La Grange. Featuring an open interior layout, the property offers strong potential for a variety of retail or service-based uses. With multiple office spaces, large open spaces, a small kitchen, 2 bathrooms this building features a flexible layout that can be adapted to suit different business needs, making it a great opportunity for businesses looking to establish or expand in a growing downtown market.

Investor Tools

$0Estimated Mortgage Balance
$278,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,673 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

April Hensel

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,829
$278,770
2025
$44,500
$234,270
$278,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,829
$278,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,770
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: La Grange

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240 W Colorado St | Property Details | No Agent List