import matplotlib
matplotlib.rc('text',usetex=True)
import matplotlib.pyplot as plt
from matplotlib.patches import Rectangle
import numpy as np

text = '\\begin{tabular}{|c|c|}\\hline1&2\\\\\\hline3&4\\\\\\hline\\end{tabular}'

fig, ax = plt.subplots(1)

img = ax.imshow(np.zeros((10,10)), cmap=plt.cm.gray)
txt = ax.text( 4.5,
          4.5,
          text,
          fontsize=24,
          ha='center',
          va='center',
          bbox=dict(alpha=0))

fig.canvas.draw()
bbox = txt.get_bbox_patch()
xmin = bbox.get_window_extent().xmin
xmax = bbox.get_window_extent().xmax
ymin = bbox.get_window_extent().ymin
ymax = bbox.get_window_extent().ymax

xmin, ymin = fig.transFigure.inverted().transform((xmin, ymin))
xmax, ymax = fig.transFigure.inverted().transform((xmax, ymax))

dx = xmax-xmin
dy = ymax-ymin

# The bounding box vals can be tweaked manually here.
rect = Rectangle((xmin-0.02,ymin-0.01), dx+0.04, dy+0.05, fc='w', transform=fig.transFigure)

ax.add_patch(rect)
fig.canvas.draw()
ax.axis('off')
plt.savefig('ok.png',bbox_inches='tight')