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$189,000

2525 State 159, La Grange, TX, 78945

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.85 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size1.16 acres

Building Information

Garage Spaces3

Land Information

APN32417
Land UseFarm & Ranch Improved
Legal DescriptionABS A042 EBLIN J LG,1.158 ACRES,HSE, SHED
Census Tract970200
Assessed Land Value$41,690
Assessed Improvement Value$45,630
Assessment Year2026

About this property

Just outside La Grange city limits with direct frontage on State 159, this versatile unrestricted property offers residential, business, live/work potential. Location on a primary route to Round Top provides visibility to local traffic & seasonal visitors. 788-sq-ft bungalow features fresh exterior paint & a new composition roof installed Oct. 2026 with a 10-yr warranty. Interior has been stripped down, offering a blank slate for buyer finish-out. Interior painting & smaller improvements are underway. Privacy wall installed along one side of house & new back deck overlooks country views. New electric service from pole to bungalow scheduled for late Oct. 756-sq-ft, 3-stall shedrow barn offers space for animals, storage, hobbies, or future projects. Large, level front area - room for gardens, parking, displays, or business activities. Existing well & septic condition/operation not warranted. Sold AS IS. Photos AI-generated to reflect new paint colors & may not show current condition.

Investor Tools

$148,174Estimated Mortgage Balance
$87,320Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

Interested in this property?

Deborah Dahlberg-Rowland

Stanberry & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,040
$87,320
2026
$41,690
$45,630
$87,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,040
$87,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mikul Realty Llc
Unknown
$156,000
No
First
Jan 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,174
N/A
0%
170%
$936/mo

City: La Grange

2525 State 159 | Property Details | No Agent List