864 N Franklin ST, La Grange TX 78945

La Grange, TX 78945 | Faison & Ligon

Ed's Opinion of Value

$195,000 Ed's Estimate: $367,340 $479,000
Lowest Comp Recommended List: $360,000 to $375,000 Highest Comp

Listing History

$535,000 List Price
$280,198 Comp Value
1 Price Reductions

This property was listed at $535,000 and expired after 193 days on market. The price was reduced from $550,000 to $535,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $367,340. To generate strong buyer interest while maximizing value, I'd price this between $360,000 and $375,000. Against 7 similar active listings in 78945, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 281 sqft size difference versus comparable sales is reflected in the adjusted values. The 1925 construction puts this home 25 years older than the comp average, a factor in the pricing. 7 comparable transactions in 78945 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,932 Sq Ft
0.3109 Acres
1925 Built
2 Garage

About This Property

864 N. Franklin – Where Timeless Charm Meets Modern Comfort
Back on the market at $575,000, this beautifully updated property offers the best of both worlds—classic character with thoughtfully curated modern upgrades.

From the moment you arrive, you'll be drawn in by the welcoming porches and tree-shaded setting. Inside the main house, narrow plank oak flooring has been refinished upstairs and down (2025), complementing the fresh interior paint and updated kitchen cabinets. The home features three updated bathrooms, each with new toilets, and a remodeled primary bath showcasing a new shower stall, sink, and a refurbished jetted tub.

Enjoy the comfort of faux wood blinds throughout the main house and the charm of newly refurbished porches that invite you to slow down and enjoy the outdoors.

The guest house which is 307 square feet has also been refreshed with new interior and exterior paint (2025), and the garage received a new galvanized roof (2024), along with fresh paint on both the garage and the potter’s shed.

Other updates include:
• Updated sprinkler system (2025)
• Exterior trim and porches painted on the main house
• New light poles at both gate entrances
• New window screens on garage, potter’s shed, and guest house

Appliances to convey: Refrigerator (2025, Home Depot) and stackable washer & dryer (2025, Lowe’s)

Whether you're seeking a full-time residence, weekend escape, or potential Airbnb opportunity, this home is

Features

  • Tile Counters
  • Interior Steps
  • Stackable W/D Connections
  • Walk-In Closet(s)

Location

Schools

School District La Grange ISD
Elementary Hermes
Middle School La Grange
High School La Grange

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Hot Water, Natural Gas
Exterior None
County Fayette
MLS # 8431999

Parking

Garage 2 spaces

Tax Information

Annual Taxes $6,026 (2025)

Listing History

MLS# 8431999 193 days
Jan 31, 2026 Off Market
Sep 30, 2025 Price Change $535,000
Jul 22, 2025 Listed $575,000

Frequently Asked Questions About 864 N Franklin ST, La Grange TX 78945

When was 864 N Franklin ST, La Grange TX 78945 built?

864 N Franklin ST, La Grange TX 78945 was built in 1925.

How much does 864 N Franklin ST, La Grange TX 78945 cost?

864 N Franklin ST, La Grange TX 78945 is currently off market.

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