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

6beds
3baths
3,742sqft
$330,000
$88price/sqft
$2,695/moest. monthly cost
$107,800/yrincome needed

About This Home

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 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.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
7/10
La Grange Middle SchoolGrades 7-81.2 mi
6/10
La Grange High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Pillar/Post/Pier,Slab
  • Roof: Composition,Metal
  • Construction materials: Other,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: First
  • Dimensions: unk

Bedroom

  • Level: First
  • Dimensions: unk

Bedroom

  • Level: Second
  • Dimensions: unk

Bedroom

  • Level: First
  • Dimensions: unk

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Electric,Window Unit
  • Cooling features: Electric,Window Unit(s)

Interior Area

  • Total structure area: 3,742
  • Total interior livable area: 3,742 sqft

Other

  • Level: Second
  • Dimensions: unk

Primary Bath

  • Level: First
  • Dimensions: unk

Primary Bath

  • Level: First
  • Dimensions: unk

Primary Bedroom

  • Level: First
  • Dimensions: unk

Primary Bedroom

  • Level: First
  • Dimensions: 550

Property

Details

  • Parcel number: 37656

Features

  • Stories: 2

Lot

  • Lot size: 0.47 Acres
  • Features: Subdivided,1/4 Up to 1/2 Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Hurricane
Heat Wave
Ice Storm

FEMA Declared Disasters Across Texas Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$294$3,528
Property Taxes $323$3,876
Electricity $410$4,930
Total$2,695$32,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,400/yr
40% on housing$80,850/yr
45% on housing$71,866/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -7.4%
-7.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 78945$179
Fayette County$410

vs Homes Sold Last Month

Median $/sqft

ZIP 78945
Fayette County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-08Price change$325,000
2026-07-23Price change$330,000
2026-07-13Price change$340,000
2026-06-27Price change$350,000
2026-06-22Price change$355,000
2026-06-12Price change$362,000
2026-05-31Listed for sale$375,000

For Sale by Agent

AgentTerrell Newton
BrokerageLand Brokers, INC

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