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$429,267

NAL Estimated Property Value

864 N Franklin St, La Grange, TX, 78945

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,932 Sq Ft
price_per_sqft$276.92 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesWasher Dryer Stacked, Gas Range, Refrigerator
FlooringWood

Exterior

Exterior FeaturesNone
Lot Size13,543 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN37723
Land UseResidential
Legal DescriptionFAISON & LIGON (430) LOT FRC 3-4 BLK 510 .3109 13,542 SFT, HSE, GAR, STG, GUEST HSE
Census Tract970302
Assessed Land Value$38,600
Assessed Improvement Value$441,480
Assessment Year2025

About this property

864 N. Franklin – Where Timeless Charm Meets Modern Comfort Back on the market at $575,000, this beautifully updated property offers the best of both worlds—classic character with thoughtfully curated modern upgrades. From the moment you arrive, you'll be drawn in by the welcoming porches and tree-shaded setting. Inside the main house, narrow plank oak flooring has been refinished upstairs and down (2025), complementing the fresh interior paint and updated kitchen cabinets. The home features three updated bathrooms, each with new toilets, and a remodeled primary bath showcasing a new shower stall, sink, and a refurbished jetted tub. Enjoy the comfort of faux wood blinds throughout the main house and the charm of newly refurbished porches that invite you to slow down and enjoy the outdoors. The guest house which is 307 square feet has also been refreshed with new interior and exterior paint (2025), and the garage received a new galvanized roof (2024), along with fresh paint on both the garage and the potter’s shed. Other updates include: • Updated sprinkler system (2025) • Exterior trim and porches painted on the main house • New light poles at both gate entrances • New window screens on garage, potter’s shed, and guest house Appliances to convey: Refrigerator (2025, Home Depot) and stackable washer & dryer (2025, Lowe’s) Whether you're seeking a full-time residence, weekend escape, or potential Airbnb opportunity, this home is

Investor Tools

Property Icon
$429,267
Estimated Property Value
$47,773Estimated Mortgage Balance
$381,851Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,725
$429,267
2025
$38,600
$441,480
$480,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,725
$429,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fayette Savings Bank Ssb
Credit Line (Revolving) / Heloc
$108,000
No
First
Aug 15, 2005
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,773
$390,227
89%
11%
$648/mo

City: La Grange

864 N Franklin St | Property Details | No Agent List