NOT LISTED FOR SALE

320 N College St La Grange, TX 78945

Estimated Value: $335,000 - $396,000

1 Bed
1 Bath
1,530 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 29, 2023

Current estimated payment $2,203/month

159 Days on Market

Highlights

  • Furnished
  • 1-Story Property
  • Central Heating and Cooling System
  • Granite Countertops

About This Home

As of August 2023

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!

Last Agent to Sell the Property

Kayli Seitter

Cedar Realty License #0727609 Listed on: 02/08/2023

Last Buyer's Agent

Mert Erbil

Texas Signature Realty License #0660911

Texas Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 2022

Lot Details

  • 9,431

Home Design

  • Duplex
  • Aluminum Roof

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Hermes Elementary School
  • La Grange Middle School
  • La Grange High School

Additional Features

  • 9,431 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • S44030 Moore Farm Blocks Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,499

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Directions: From highway 71/77 intersection head east on business 71 until you reach Horton. Take a left on Horton and then a left on La Fayette. Duplex is at the corner of LaFayette and North College.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2022
  • Subdivision Name: S44030 - MOORE FARM BLOCKS (446)
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furnished, Granite Counters
  • Living Area: 1530.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Aluminum

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: HERMES ELEMENTARY SCHOOL
  • Junior High Dist: 205 - La Grange
  • High School: LA GRANGE HIGH SCHOOL
  • Middle Or Junior School: LA GRANGE MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Aug 29, 2023
Sold by
Sba Investment Group Inc
Bought by
Dentry Drake Douglas
Seller's Agent
Kayli Seitter
Cedar Realty
Buyer's Agent
Mert Erbil
Texas Signature Realty
List Price
$359,000
Views
98
Current Estimated Value
$350,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$319,113
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2021
Sold by
Howard Konetzke Jr Revocable Trust and Konetzke Howard Walter
Bought by
Sba Investment Group Inc

Purchase Details

Closed on
Apr 29, 2020
Sold by
Konetzke Howard Walter
Bought by
Rich Terry
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dentry Drake Douglas -- Botts Title
Sba Investment Group Inc -- None Listed On Document
Sba Investment Group Inc -- Botts Title Company
Rich Terry -- Botts Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dentry Drake Douglas $319,742
Closed Dentry Drake Douglas $319,113
Previous Owner Sba Investment Group Inc $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold -- -- --
07/18/2023 07/18/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $349,000 -2.8% $228 / Sq Ft
02/08/2023 02/08/23 For Sale $359,000 -- $235 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,499 $248,350 $27,350 $221,000
2023 $3,006 $211,350 $27,350 $184,000
2022 $2,985 $179,040 $22,630 $156,410
2021 $293 $16,030 $16,030 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 9709626

Houston Association of REALTORS®

APN: R107595