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As-Is Car Wash and Redevelopment Site

621 W Travis Street La Grange, TX 78945

621 W Travis Street, La Grange, TX, 78945
$250,000
For Sale
Claim this Listing
$250,000

COMMERCIAL - La Grange, TX

Property Size3,000 SF
Lot Size0.60 Acres
Price / SF$83.33
AddedJul 6
Days on Market11
Last RefreshJul 16 at 4:06 am

Property Features for 621 W Travis Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
54201
Size
3,000 SF
Lot size
0.60 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
MOORE FARM BLOCKS (446) BLK FRC 17 & 18.6458 COMM - CAR WASH

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1998
Floors in Building
1
Flooring type
Concrete
Building materials
Brick

Listing agent Taylor Greeves License #0784801

Listing office Land Unlimited 115A N Commerce St, Lockhart, TX

Listing date Jul 6, 2026

MLS# 618922

Copyright © 2026 Central Texas Multiple Listing Service. 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.

The property is an as-is car wash site with an existing structure on approximately 0.60 acres. The car wash is no longer in operation, and the sale includes the existing improvements as they stand, providing the next owner the choice to renovate and restart operations or pursue a different commercial use for the site.

The property is located at 621 W Travis Street in La Grange, Texas. It is described as having high visibility and convenient access, with proximity to the Colorado River referenced in the remarks.

This offering is suited to buyers seeking an automotive-related property that can be brought back to use, or those looking at a flexible redevelopment parcel. The seller notes the site is located within a FEMA-designated floodplain, and buyers are encouraged to conduct their own due diligence regarding floodplain regulations, insurance requirements, and any intended future use.

Key Highlights

  • Commercial property in La Grange, TX, built in 1998 with brick construction and concrete flooring
  • Approximately 0.60‑acre site near the Colorado River with public water and public sewer service
  • Existing car wash structure being sold as‑is; car wash is no longer in operation

Local Financial Insights For Industrial

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 $24.1k $8.04
− Vacancy −$2.2k −$0.73
EGI $21.9k $7.31
− OpEx −$6.6k −$2.19
NOI $15.3k $5.12
3,000 SF · lease $8.04/SF/yr · vacancy 9.10% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$619.6K
$542.2K – $722.9K (±1% cap)
NOI $43,375 @ 7.0% cap · market cap 17.35%
Second Best
Retail
$580.5K
$508.0K – $677.3K (±1% cap)
NOI $40,636 @ 7.0% cap · market cap 16.25%
Theoretical Best
Multifamily LT 5
$33.63M
$29.43M – $39.24M (±1% cap)
NOI $2,354,411 @ 7.0% cap · market cap 941.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Car washes

Suggested Use

HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Carpet & Flooring Store Home Appliance Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Car wash - Car wash property on about 0.60 acres, sold as-is, with options to renovate or redevelop in La Grange.
Where is this car wash located?
The property is located at 621 W Travis Street La Grange, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercial property in La Grange, TX, built in 1998 with brick construction and concrete flooring; Approximately 0.60‑acre site near the Colorado River with public water and public sewer service; Existing car wash structure being sold as‑is; car wash is no longer in operation
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