Flexible Downtown Retail-Office
227 West Travis Street La Grange, TX 78945
For Sale
$449,000
COMMERCIAL - La Grange, TX
Property Size2,634 SF
Lot Size0.07 Acres
Price / SF$170.46
Days on Market234
Property Features for 227 West Travis Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Rooms
Bathroom 1
Standard status
Active
APN
R36730
Size
2,634 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
3892
Utilities
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
ROUND TOP REAL ESTATE
(979) 249-5732
Listed By:
Lisa Mayer · License #0370366
(979) 249-5732
Added: Dec 5, 2025
Changed: Jun 26
Last Checked: Jul 27 at 10:06AM
MLS# 154313
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.
Investment Insights
Based on property information with market context.
This property is a versatile commercial building built to accommodate a range of uses. The interior features tall ceilings, abundant natural light, and an open layout designed to support flexible tenant configurations. The space includes one bathroom and can function as one larger unit or be separated into two distinct units, providing practical options for office, retail, boutique, studio, or professional services operators.
The building is located at 227 West Travis Street in La Grange, positioned on the historic town square. The property benefits from visibility associated with both steady foot and vehicle traffic generated by the square.
For buyers and tenants seeking a downtown workspace with adaptable layout options, the one-bathroom, open design and the ability to operate as one or two suites can help align with different business models. Whether you’re looking for a single, cohesive retail or office footprint or prefer the option to split into separate spaces, the building’s flexibility and light-filled interior make it straightforward to envision for a variety of commercial needs.
The building is located at 227 West Travis Street in La Grange, positioned on the historic town square. The property benefits from visibility associated with both steady foot and vehicle traffic generated by the square.
For buyers and tenants seeking a downtown workspace with adaptable layout options, the one-bathroom, open design and the ability to operate as one or two suites can help align with different business models. Whether you’re looking for a single, cohesive retail or office footprint or prefer the option to split into separate spaces, the building’s flexibility and light-filled interior make it straightforward to envision for a variety of commercial needs.
Key Highlights
- Over 2,600 SF commercial building on the historic La Grange town square
- Can be configured as one large unit or split into two separate units
- Open layout with tall ceilings and abundant natural light
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 | $54.0k | $20.52 |
| − Vacancy | −$3.1k | −$1.17 |
| EGI | $51.0k | $19.35 |
| − OpEx | −$15.3k | −$5.81 |
| NOI | $35.7k | $13.55 |
2,634 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$509.7K
$446.0K – $594.6K
NOI $35,678 @ 7.0% cap · market cap 7.95%
Second Best
Office B
$504.0K
$441.0K – $588.0K
NOI $35,282 @ 7.0% cap · market cap 7.86%
Theoretical Best
Multifamily LT 5
$29.53M
$25.84M – $34.45M
NOI $2,067,173 @ 7.0% cap · market cap 460.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Versatile building with tall ceilings, natural light, and open layout that can work as one or two suites.
Where is this office units located?
The property is located at 227 West Travis Street La Grange, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Over 2,600 SF commercial building on the historic La Grange town square; Can be configured as one large unit or split into two separate units; Open layout with tall ceilings and abundant natural light
