Flexible Town Square
227 West Travis Street, La Grange, TX 78945
For Sale
$395,000
Commercial, La Grange, TX
Property Size2,634 SF
Lot Size0.07 Acres
Price / SF$149.96
Days on Market138
Property Features for 227 West Travis Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Exterior features
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Water source
Amenities
tall ceilings
abundant natural light
open layout
Building Details
Floors in Building
Building materials
Listing Agency:
ROUND TOP REAL ESTATE
Listed By:
Lisa Mayer · License TX #0370366
(979) 249-5732
Added: Jun 26
Changed: Oct 14
Last Checked: Nov 10 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.
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Investment Insights
Based on property information with market context.
Located at 227 West Travis Street in La Grange, this 2,634-square-foot storefront property occupies a 0.07-acre site on the town square. The building has an open interior, tall ceilings, abundant natural light, one bathroom, wood exterior elements, and standard-frame construction. Its configuration can accommodate a single larger operation or two separate units.
The property is positioned in downtown La Grange with frontage on the town square and exposure to foot and vehicle traffic. Public water serves the building. The flexible interior may support office, retail, boutique, studio, or professional-service use, subject to applicable requirements.
The property is positioned in downtown La Grange with frontage on the town square and exposure to foot and vehicle traffic. Public water serves the building. The flexible interior may support office, retail, boutique, studio, or professional-service use, subject to applicable requirements.
Key Highlights
- 2,634 SF storefront property on a 0.07‑acre site
- Located on the La Grange town square at 227 West Travis Street
- Interior can be arranged as one unit or two separate units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,678
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,560
$713.6K
Cap Rate 7%
$509,686
$509.7K
Cap Rate 9%
$396,422
$396.4K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$54.0K $20.52/SF
− Vacancy
−$3.1K −$1.17/SF
EGI
$51.0K $19.35/SF
− OpEx
−$15.3K −$5.81/SF
NOI
$35.7K $13.55/SF
Area
Fayette County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,560
Cap Rate 7%
$509,686
Cap Rate 9%
$396,422
Alternative Uses
Best Use
Retail
$509.7K
$446.0K – $594.6K
NOI $35,678 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$671.4K
$587.5K – $783.3K
NOI $46,996 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78945, TX
10,483
Population
5,461
Households
1.9
Avg Household Size
46
Median Age
31%
College-Educated
91%
High-School Grad
248.2 sq mi
ZIP Area
42
Density / Sq Mi
$76,221
Median Household Income
$40,180
Median Earnings
$747
Median Rent
$299,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bloomin Junction — 120 S Main St, La Grange, TX 78945
- FROGS & FLAMINGOS FLORIST — 101 W Colorado St, La Grange, TX 78945
Frequently Asked Questions
What type of property is this?
Storefront property - Open commercial space with tall ceilings, natural light, and a layout that can support one or two business units.
Where is this storefront property 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 $395,000.
What are key features of this property?
This property features: 2,634 SF storefront property on a 0.07‑acre site; Located on the La Grange town square at 227 West Travis Street; Interior can be arranged as one unit or two separate units
