449 & 457 E Colorado Street La Grange, TX $ 775,000
449 & 457 E Colorado Street
$ 775,000
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449 & 457 E Colorado Street

La Grange, TX, 78945
$ 775,000
Bedrooms6 Baths6.0 Sq 3,307

Monthly Estimate*

$ 4,772

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Multi-Family Home for sale in La Grange, TX

for $775,000 with 6 bedrooms and 6 full baths. This 3,307 square foot home was built in 2003.

Grace Inn is a completely remodeled, fully furnished, turnkey short term rental producing income, located in the heart of La Grange, Texas, adjacent to The Ice Plant wedding and event venue. The property consists of three separate buildings with four separate units and offers accommodations for up to 17 guests. The flexible layout allows for individual unit rentals or full property use, making it well suited for group stays and event related lodging. The property provides convenient access to downtown La Grange shopping and dining, with Round Top approximately a 15 minute drive away. Extensive renovations have been completed throughout the property, and it is being offered turnkey with furnishings conveying. The property has been professionally managed by HOSTIE Vacation Rentals since 2025. Its location next to a well known event venue adds to its appeal as a short term rental investment. P&Ls available upon request.

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Multi-Family Active

Price

$ 775,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2003

Town/City

La Grange

County/Region

Fayette

MLS | Web ID

10204945

Features
General
Heating Central Gas
Cooling Central Air Electric
Utilities Electricity Available Natural Gas Available Water Available
Roof Composition
Appliances Dishwasher Microwave Refrigerator
Patio/Porch Features Patio
Construction Materials Wood Siding
Year Built 2003
Stories Count 2
Levels Two
Property Subtype Detached
County Fayette
New Construction false
Property Type Residential Income
Subdivision Name Moore John H 445
Full Baths 6
Status Active
Directions From downtown La Grange head east on Colorado Street. Continue approximately 0.5 miles past the courthouse area. 457 East Colorado Street will be on the north side of the street between South Franklin Street and South Washington Street.
High School LA GRANGE HIGH SCHOOL
City La Grange
Disclosures Seller Disclosure
High School District 205 - La Grange
Number Of Units Total 3
MLS Area 69
Lot Size Units Square Feet
Elementary School LA GRANGE ELEMENTARY SCHOOL
Middle/Junior High School LA GRANGE MIDDLE SCHOOL
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 205 - La Grange
Elementary School District 205 - La Grange
Year Built Source Appraiser
Legal Description MOORE JOHN H (445) LOT FRC OF 133 & 160 BLK 14 0.234 APARTME
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Interior
Interior Amenities Furnished
Flooring Plank Vinyl Wood Hardwood
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 6
Total Baths 6
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Exterior
Fencing Partial
Lot Features Cleared Corner Lot
Lot Size Area 10193
Building Area Total 3307
Other Parking More than Two
Lot Size Source Appraiser
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* Excluded Features
List By
Martha Turner Sotheby's International Realty - Round Top

Broker

lindsey.pleasant@sothebys.realty

Email

Affordability Calculator

$4,772
Per Month
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Monthly Principal & Interest
$4,772
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
LA GRANGE HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$775,000 Listed Price

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449 & 457 E Colorado Street, La Grange, TX, 78945 is a Multi-Family Home for sale at $775,000 with 3,307 sqft. 449 & 457 E Colorado Street has 6 bedrooms, 6.0 baths, and was built in 2003. The property's zip code is 78945 which is in La Grange, TX