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$384,000

NAL Estimated Property Value

538 N Madison ST, La Grange, TX, 78945

$447,998 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,578 Sq Ft
price_per_sqft$120.25 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesBuilt In Electric Oven, Dishwasher, Electric Cooktop
FlooringCarpet, Linoleum, See Remarks, Wood

Exterior

Exterior FeaturesExterior Steps
Lot Size10,193 sqft

Building Information

Year Built1987

Land Information

APN36965
Land UseResidential
Legal DescriptionEBLIN (426) LOT FRC OF 3 BLK B 0.234 HSE, C/PORT, STG
Census Tract970302
Assessed Land Value$30,580
Assessed Improvement Value$315,030
Assessment Year2025

About this property

This large 2,578 sq. ft. home has 4 designated bedrooms & 3 baths in an established sought after neighborhood, centrally located and walking distance to the library, parks, shopping, public schools and downtown La Grange. You will find that this home has recently been painted inside and out. The metal roof was replaced in 2021 and the air conditioner was replaced in 2016. With spacious bedrooms and extra living space there’s plenty of room for you to entertain. There is an extra room for a home office/den/or playroom from an enclosed garage. The laundry room is attached to the house and also has access to the outside. The seller thinks there is “original wood floors”under a lot of the rooms with carpeting. This would give a bonus to a new buyer! Outside you will find a connected storage room w/ shelving as well as a connected carport. Majestic pecan trees are in the backyard. A sprinkler system is located in the front and backyard. You will have metal storage shed in the corner of the backyard & plenty of space to relax and enjoy time in the outdoors. Call today to schedule your showing for this home!

Investor Tools

Property Icon
$384,000
Estimated Property Value
$238,888Estimated Mortgage Balance
$145,112Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$447,998
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,747
$345,610
2025
$30,580
$315,030
$345,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,747
$345,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fayette Savings Bank Ssb
Purchase Money Mortgage
$255,000
No
First
Nov 21, 2022
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,888
$145,112
37%
62%
$1,529/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.

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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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538 N Madison ST | Property Details | No Agent List