320-340 N College Street

La Grange, TX 78945
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Sold
Sold
$285,001 - $325,000
Sold on August 29, 2023
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1,530 Sqft.
9,431 Lot Sqft
Multi-Family - Duplex

Description

New build investment property located minutes from Historic Downtown La Grange and a short drive to Round Top Texas. Home of the famous Antique Fair, that is sure to drive seasonal traffic to your investment. One side of the duplex is a long term tenant paying $1200 a month in rent. The other side operates as an AirBnb with over 35 positive reviews and bookings scheduled throughout the year. The airbnb side of the unit averages $3000 a month in bookings. It provides the opportunity for you to immediately purchase a cash flowing Airbnb rental that can take years to accumulate the amount of reviews it already has. You also have the option to continue to have the airbnb side of the unit managed by a third party airbnb management company which takes all the weight off your shoulders, and essentially allows your investment to run on autopilot.The property has ADA features. It has wide doorways, low cabinets, a large walk-in shower, and much more!

MLS#
9709626
Sold Price Range
$285,001 - $325,000
Listing Status
Sold
Address
320-340 N College Street
City
State
TX
Zip Code
Subdivision
S44030 - MOORE FARM BLOCKS (446)
Legal Description
MOORE FARM BLOCKS (446) LOT 14 BLK 47 .2165 COMM - DUPLEX (I
Property Type
Multi-Family - Duplex
Stories
1
Year Built
2022 / Builder
Building Size
1,530 Sqft/Appraisal District
Lot Size
9,431 Sqft./Appraisal District

Exterior

Roof
Aluminum

Interior

Countertop
Granite
Cooling
Central Electric
Heating
Central Electric

Lot information

Lot Size
9,431 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Furnished
Buyer Agent Compensation*
3.00%
Sub Agent Compensation*
3.00%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No

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Mortgage

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated Jun 08, 2024 at 05:12 PM
Listing last updated Aug 30, 2023 at 11:17 AM

320-340 N College Street, La Grange, TX 78945. View photos, map, tax, nearby homes for sale, home values, school info...