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$315,000

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

$409,500 ARVInfo
PendingInfo
Beds6 Beds
Baths3 Bath
Baths3,742 Sq Ft
price_per_sqft$84.18 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

ARV Flip

About this property

Income Producing, $3000 a month Home 1 — 3 Bed / 1 Bath (Occupied) $1500 a month rent Single-story layout with a 1400 sqft functional floor plan. Each home has sperate utilities. Home 2 — 3 Bed / 2 Bath (Occupied). Approximately 2028 sqft. 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 Dual access points: N Franklin St and the back public 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

$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$409,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

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

City: La Grange