109 Burdin St · St. Martinville, LA 70582

$168,900

4 bd · 3.0 ba · 3,800 sqft · Other public records · 347 Days on market

Built 1952 0.65 ac lot $44/sqft · 37% below area Est $213k · 21% under ↓ 43% since listing

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• 1% rule +4.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

Key facts

• Generac generator
• Outdoor courtyard
• Natural light

Tags

• BUILT IN BAR AREA
• NATURAL LIGHT
• ABUNDANCE OF STORAGE SPACE
• GENERAC GENERATOR
• OUTDOOR COURTYARD

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath other listed at $169k.

Deal economics

• At list price, monthly cash flow is $190 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (3.9% below list).
• Recommended offer: $149k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• St. Martin Parish (rural): math 23% / reading 32% proficiency, ranked #49 of 98 in LA (top 50%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 125 active listings in the ZIP; 54 units permitted in St. Martin Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• St. Martin County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 347 days — a 12% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $46k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $148,632 (12.0% below list)

Questions for the listing agent

1. It's been on market 347 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 7.65%
• Cash-on-cash: 4.83%
• DSCR: 1.21
• GRM: 8.7

CMA / ARV

• ARV (median comp): $213,488
• List price: $168,900
• Delta: -20.89%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.68×
• Total profit: $-15,265
• Equity at exit: $25,184

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,232
• Equity at exit: $14,603

Cash invested: $47,292 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70582

• Home prices YoY: -23.8%
• Active inventory: 125
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,623 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$136 /mo · $1,631/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $190

Break-even live

Break-even rent $1,382

Max offer price $168,900

Occupancy floor 83%

Sensitivity live

Price	-10% $286	-5% $238	+0% $190	+5% $143	+10% $95
Rent	-10% $62	-5% $126	+0% $190	+5% $255	+10% $319
Rate	-1.0pp $275	-0.5pp $233	base $190	+0.5pp $147	+1.0pp $102

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $42,225
• Closing costs: $5,067
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-18
   days on market $168,900 Active 347 DOM
2. 2026-06-17
   days on market $168,900 Active 346 DOM
3. 2026-06-16
   days on market $168,900 Active 345 DOM
4. 2026-06-15
   days on market $168,900 Active 344 DOM
5. 2026-06-14
   days on market $168,900 Active 342 DOM
6. 2026-06-13
   days on market $168,900 Active 341 DOM
7. 2026-06-10
   days on market $168,900 Active 339 DOM
8. 2026-06-09
   days on market $168,900 Active 338 DOM
9. 2026-06-08
   days on market $168,900 Active 337 DOM
10. 2026-06-07
    days on market $168,900 Active 336 DOM
11. 2026-06-05
    days on market $168,900 Active 333 DOM
12. 2026-06-02
    days on market $168,900 Active 331 DOM
13. 2026-06-01
    days on market $168,900 Active 330 DOM
14. 2026-05-31
    days on market $168,900 Active 329 DOM
15. 2026-05-30
    days on market $168,900 Active 328 DOM
16. 2026-05-04
    price $168,900 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

17. 2026-05-01
    status Active 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

18. 2026-02-26
    status Pending 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

19. 2025-12-09
    status Active 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

20. 2025-12-03
    historical Contingent (Show) 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

21. 2025-10-21
    price $169,000 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

22. 2025-08-09
    status Active 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

23. 2025-07-04
    status Pending 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

24. 2025-06-26
    status Active 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

25. 2025-06-26
    price $189,000 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

26. 2025-06-13
    status Pending 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

27. 2025-05-12
    price $199,000 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

28. 2025-03-13
    listed $215,000 Active 995-char remark

    Show marketing remark (995 chars)

    This custom-built home exudes charm and character, a rare find in today's market. Spanning over 3,000 square feet, it offers 4 spacious bedrooms, 3.5 bathrooms, a cozy den, a formal living room, a breakfast nook, and a formal dining room--plus a built-in bar area for added convenience. Large windows throughout flood the home with natural light, highlighting the beautiful details and providing a bright, welcoming atmosphere. With an abundance of storage space, this home has room for all your needs. With a little TLC, this remarkable property could easily become your perfect dream home. Situated in the heart of downtown St. Martinville, on one of the town's most beautiful streets, this home also comes equipped with a Generac generator to ensure you'll never be without power. The serene outdoor courtyard provides the ideal setting to relax and enjoy peaceful summer afternoons.You have to see this one in person to truly appreciate how unique it is. Schedule your private showing today!

29. 2024-11-02
    price $225,000
30. 2024-08-17
    price $245,000
31. 2024-07-05
    listed $295,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $1,631 · $136/mo
• Projected year-2 tax: $1,631 · $136/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,480
• − Mortgage interest: −$9,461
• − Property taxes: −$1,631
• − Insurance: −$844
• − Repairs & maintenance: −$1,558
• − Management: −$1,558
• − Depreciation: −$4,913
• Taxable loss: −$487
• Est. tax savings @ 24.0%: +$117
• After-tax cash flow: $2,401/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Martin Parish
• NCES district ID: 2201590
• Math proficiency: 23% ▼ -44.00%
• Reading proficiency: 32% ▼ -36.00%
• Median HH income: $42,813
• Composite: 23.41/100
• National rank: #7897
• State rank: #49 of 98 in LA

Livability — St. Martinville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Martinville, LA
• Population (ZIP): 19,159

Population outlook (St. Martin County) Hauer SSP2

• Today (2025): 57,446 people
• By 2030: 58,857 · +2.5%
• By 2040: 60,859 · +5.9%
• By 2050: 61,419 · +6.9%
• By 2075: 61,574 · +7.2%
• By 2100: 57,253 · -0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Black 30% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Lithuanian 15%
• Foreign-born: 1%
• Languages at home: 92% English-only · French/Haitian/Cajun 7% Spanish 1%

Political lean MEDSL · St. Martin

• 2024 margin: Solid R (+40.7) · D 29.1% · R 69.8% · Other 1.0%
• 2008→2024 swing: -20.0pp toward R · 2008: -20.7pp · 2024: -40.7pp
• All cycles: 2024: R+40.7 2020: R+36.1 2016: R+33.4 2012: R+24.5 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -48.36%
• Current HPI: 155.151
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-42.7% since first listed

16 events — show timeline

• 2026-05-04 Price Changed $168,900 AcadianaMLS
• 2026-05-01 Relisted — AcadianaMLS
• 2026-02-26 Pending — AcadianaMLS
• 2025-12-09 Relisted — AcadianaMLS
• 2025-12-03 Contingent — AcadianaMLS
• 2025-10-21 Price Changed $169,000 AcadianaMLS
• 2025-08-09 Relisted — AcadianaMLS
• 2025-07-04 Pending — AcadianaMLS
• 2025-06-26 Relisted — AcadianaMLS
• 2025-06-26 Price Changed $189,000 AcadianaMLS
• 2025-06-13 Pending — AcadianaMLS
• 2025-05-12 Price Changed $199,000 AcadianaMLS
• 2025-03-13 Listed $215,000 AcadianaMLS
• 2024-11-02 Price Changed $225,000 AcadianaMLS
• 2024-08-17 Price Changed $245,000 AcadianaMLS
• 2024-07-05 Listed $295,000 AcadianaMLS

Property tax history

+1.1%/yr

Latest (2025): $1,631 · +0.0% YoY. Source: county tax records.