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$330,000

$340,000

927 & 937 N Franklin Street, La Grange, TX, 78945

$429,000 ARVInfo
On MarketInfo
Price DropInfo
Beds6 Beds
Baths3 Bath
Baths3,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.19 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

ARV Flip

About this property

Income Producing, $3000 a month Home 1 — 3 Bed / 1 Bath $1500 a month rent Single-story layout with a functional floor plan Each home has sperate utilities Home 2 — 3 Bed / 2 Bath (Occupied) Long-term tenants of nearly 10 years Currently rented at $1,500/month Stable, reliable income stream Separate access for privacy and convenience Property Highlights Almost half an acre, offering space, privacy, and future potential Two homes on one tract provide multiple income opportunities Dual access points: N Franklin St and the rear alley Ideal for investors, extended families, or those seeking rental income Why La Grange? Highly regarded schools and a strong sense of community High demand for rentals — low vacancy, strong rental market Conveniently located between Houston and Austin. Seller is the listing agent. Home inspection reports are available from 2024 upon request.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$429,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Terrell Newton

Land Brokers, INC

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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927 & 937 N Franklin Street | Property Details | No Agent List