605 Walnut St La Grange, TX 78945
This 0.15-acre residential lot in La Grange, Texas, presents a compelling investment opportunity. Located at 605 E Walnut, zip code 78945, this property features a charming 2-bedroom, 1-bathroom house with approximately 1,520 square feet of living space. The existing home boasts hardwood floors, an open living and dining area ideal for entertaining, and a convenient room off the kitchen suitable for a breakfast nook or home office. A den provides additional living space, potentially adaptable as a home theater. Double doors from the den lead to a fenced backyard complete with a storage shed. Mature trees enhance the curb appeal. The property's corner location offers excellent visibility and accessibility. Situated near La Grange Schools and an HEB grocery store, this location provides convenience and family-friendly amenities. The property is being sold "as is," allowing for flexibility in renovation or new construction. This is a rare opportunity to acquire a property with significant potential in a desirable La Grange neighborhood. The seller is motivated.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.