927 & 937 N Franklin St., La Grange, TX — photo 1
Motivated SellerEstimated by HomeLocating
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Sale PendingUnder contract — not accepting offers

This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$315,000
6 beds3 baths3,742 sqft

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

MLS #242793898 · Land Brokers Real Estate Inc. · Bob Gulash

Residential
Built in 1950
0.47 Acres Lot
$84/sqft

About this home

Income Producing, $3000 a month Home 1 — 3 Bed / 1 Bath (Occupied) $1500 a month rent Single-story layout with approximately 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 Home inspection reports are available from 2024 upon request.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1950
Full baths
3
Lot size
0.47
Subdivision
Kapler
MLS area
FC
MLS #
242793898

Features

Interior features

  • See Remarks
  • Granite Counters
  • Electric Dryer Hookup
  • Washer Hookup

Exterior features

  • None

Additional details

Parking
Alley Access, Carport, Off Street
Garage spaces
0
Roof
Asphalt, Metal
Foundation
Pillar/Post/Pier, Slab

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Schools

Assigned schools per the MLS.

School district
La Grange ISD
Elementary
Hermes
Middle
La Grange
High
La Grange

Market insights

Compared with 55 active homes in ZIP 78945 · HomeLocating listings

Area median price
$400,000
This home vs. median
21% below
Homes with a price cut
22%

At $315,000, this home is priced 21% below the $400,000 median across 55 active homes in ZIP 78945.

Estimated monthly payment

$2,223/mo
Principal & interest$1,593/mo
Property taxes (est.)
Home insurance (est.)

Home price

$315,000

Down payment

20% ($63,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Land Brokers Real Estate Inc. · Bob Gulash

Listing data last updated Sep 2, 2026, 1:16 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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