Date
Details
Price
Change
Source
2/04/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$775,000
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Property Description
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.
Full Property Details
Full Property Details for 449 & 457 E Colorado St
General
- Price: $775,000
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 10204945
- Updated: 2/4/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Furnished
- Appliances: Dishwasher, Microwave, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Plank, Vinyl, Wood, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Patio
Location
- Area: 69
- County: Fayette
- Subdivision: Moore John H 445
- Driving 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.
School Information
- Elem School District: 205 - La Grange
- Midd School District: 205 - La Grange
- High School District: 205 - La Grange
- Elementary School: LA GRANGE ELEMENTARY SCHOOL
- Middle School: LA GRANGE MIDDLE SCHOOL
- High School: LA GRANGE HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Gas
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,307
- Sq. Ft. Source: Appraiser
- Living Area: 3,307 Sq. Ft.
- Year Built: 2003
- Year Built Source: Appraiser
Lot Features
- Lot Size Source: Appraiser
- Lot Features: Cleared, Corner Lot
- Fencing (Description): Partial
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MOORE JOHN H (445) LOT FRC OF 133 & 160 BLK 14 0.234 APARTME
- Legal Disclosures: Seller Disclosure
- APN: 37817-37813
Listed by Martha Turner Sotheby's International Realty - Round Top (979) 216-0503, Lindsey Pleasant (979) 250-1244
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Listing agent
— 449 & 457 E Colorado St —
Lindsey Pleasant
Martha Turner Sotheby's International Realty - Round Top
979-250-1244
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 449 & 457 E Colorado St
School District:La Grange Independent School District
| Name | Grades | Distance |
|---|---|---|
La Grange Elementary School 315 South Jackson Street, La Grange, TX 78945 | PK-6 | 0.2 mi |
La Grange Middle School 640 East Eblin Street, La Grange, TX 78945 | 7-8 | 0.6 mi |
La Grange High School 820 South Vail Street, La Grange, TX 78945 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 449 & 457 E Colorado St
Tax History
Tax History for 449 & 457 E Colorado St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,317
5%
$241,490
1%
2022
$3,145
—
$239,950
9%
2022
$3,145
—
$219,880
-14%
2022
$3,145
7%
$256,330
19%
2021
$2,933
—
$215,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 449 & 457 E Colorado St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- Farm Single-Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
449 & 457 E Colorado Street, La Grange, TX 78945 (MLS# 10204945) is a Multi-Family property with 3 units containing 6 bedrooms and 6 full bathrooms. 449 & 457 E Colorado Street is currently listed for $775,000 and was received on February 04, 2026. Want to learn more about 449 & 457 E Colorado Street? Do you have questions about finding other Multi-Family real estate for sale in La Grange? You can browse all La Grange real estate or contact a Coldwell Banker agent to request more information.