1934 Texas 159, La Grange, TX 78945
- Added:
- Apr 1, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 9 at 12:06 am
Property Features for 1934 Texas 159
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Carport
- Exterior features
- Well
- Standard status
- Pending
- APN
- 47868
- Size
- 1,221 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Annual Amount
- 409.3
Building Details
- Floors in Building
- 1
- Roof type
- Metal
- Architectural style
- Other
Listing agent Katy Michalke License #475070 (979) 968-5803
Listing office Lindemann Real Estate 821 E. Travis ~ P.O. Box 279, La Grange, TX (979) 968-5803
Listing date Apr 1, 2026
Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on the highly traveled Antique Corridor (Highway 71/Highway 159) with excellent visibility.
- Commercial lot with endless potential for business, weekend destination, or investment.
- Equipped with essential utilities: City electric, sewer, trash service, county water, and on‑site water well.
- Includes the original 1,221 sq ft Ryza Store building, offering renovation/restoration opportunity.
- Full RV hookups (30- and 50‑amp electric service) included.
- Fenced 0.662‑acre lot with two additional outbuildings for storage.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $20.52 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $23.6k | $19.35 |
| − OpEx | −$7.1k | −$5.81 |
| NOI | $16.5k | $13.55 |
Alternative Uses
Current Use by Public Records
Map
- City
- La Grange
- County
- Fayette
- State
- Texas
- Longitude
- -96.854291
- Latitude
- 29.919778
