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509 Forest Blvd
B- Composite 69.68
Why this score? — see what drove the B- 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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.9/10.0
  • ARV discount +7.5/15.0
  • Schools +3.3/10.0
  • Rent growth +3.2/5.0
  • Livability +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$98,000

509 Forest Blvd · Houma, LA 70360
3 bd · 2.0 ba · 1,740 sqft · SingleFamily public records · 119 Days on market
Built 1975 0.34 ac lot $56/sqft · 57% below area ↓ 38% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www.HUDHOMESTORE.gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

Key facts

  • Double lot
  • Covered patio
  • Formal dining area

Tags

DOUBLE LOTCOVERED PATIOFORMAL DINING AREAMUDROOMSTAINLESS KITCHEN APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $98k.

Deal economics

  • At list price, monthly cash flow is $33 ($397/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $98k).
  • Recommended offer: $89k (9.0% below list) — sets the bar for market timing.
  • Cap rate 11.9% vs local median 4.0% in Houma — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 64/100 on livability (#165 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: employment D, crime D-, amenities F.
  • Terrebonne Parish (other): math 32% / reading 46% proficiency, ranked #23 of 98 in LA (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+2.8%/yr); 356 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 300 units permitted in Terrebonne Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $678 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 119 days — a 9% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 9y ago; this cycle's ask has dropped $72k (42%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $45k; list at $98k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $89,180 (9.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  8. 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.
  9. 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.
  10. 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
1.49%
Cap rate
11.92%
Cash-on-cash
20.10%
DSCR
1.89
GRM
5.6

CMA / ARV

ARV (median comp)
$228,206
List price
$98,000
Delta
-57.06%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
509 Forest Blvd 0.00mi 3/2.0 1,748 (+0%) 1mo $98,000 $56 99
200 Tigerlily Dr 0.34mi 4/2.0 (+1) 1,765 (+1%) 1mo $224,000 $127 76
322 Tulsa Ave 0.39mi 4/2.0 (+1) 1,826 (+5%) 1mo $319,000 $175 68
109 Victoria Dr 0.56mi 3/2.0 1,829 (+5%) 2mo $243,000 $133 64
1613 Bayou Black Dr 0.42mi 3/2.0 1,936 (+11%) 4mo $199,900 $103 59
1909 Tyler Ave 0.54mi 4/2.0 (+1) 1,749 (+0%) 12mo $209,900 $120 59
51 Texas Ave 0.38mi 3/3.0 1,822 (+5%) 18mo $300,000 $165 55
147 Alamo Dr 0.57mi 3/2.0 1,600 (-8%) 9mo $239,900 $150 53
260 El Paso Dr 0.35mi 3/2.5 1,968 (+13%) 10mo $235,000 $119 52
120 Lewald Dr 0.42mi 4/2.0 (+1) 1,927 (+11%) 11mo $149,000 $77 48
101 Windham St 0.65mi 3/2.0 1,516 (-13%) 1mo $150,000 $99 47
311 Lynwood Dr 0.65mi 3/2.0 1,564 (-10%) 14mo $250,000 $160 41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.82% rent growth · sell at horizon

5-year hold
IRR
-14.0%
Equity multiple
0.50×
Total profit
$-13,742
Equity at exit
$14,612
10-year hold
IRR
-5.1%
Equity multiple
0.67×
Total profit
$-9,132
Equity at exit
$8,473

Cash invested: $27,440 (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.

ZIP-level market 70360

Rents YoY
2.8%
Active inventory
356
Price-to-rent
5.6×

Monthly cashflow live

Estimated rent
$1,463 medium interval (Pro) →
Mortgage (P&I)
$514
Tax from tax record
$142 /mo · $1,701/yr
Insurance
$41
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$307
Net cashflow
$33

Break-even live

Break-even rent $1,422
Max offer price $98,000
Occupancy floor 93%

Sensitivity live

Price -10% $89 -5% $61 +0% $33 +5% $5 +10% $-22
Rent -10% $-83 -5% $-25 +0% $33 +5% $91 +10% $149
Rate -1.0pp $82 -0.5pp $58 base $33 +0.5pp $8 +1.0pp $-18

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
$24,500
Closing costs
$2,940
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2121 Bayou Black Dr Unit 3 Houma, LA 2.0 1.0 1072 $1,000 $0.93 44d 1 0.60mi

Listing history 22 events

  1. 2026-05-15
    status Pending 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  2. 2026-05-15
    status Pending 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  3. 2026-05-05
    status Active 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  4. 2026-05-05
    status Active 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  5. 2026-04-30
    status Pending 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  6. 2026-04-30
    status Pending 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  7. 2026-04-25
    status Active 492-char remark
    Show marketing remark (492 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www.HUDHOMESTORE.gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  8. 2026-04-24
    status Active 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  9. 2026-04-20
    status Pending 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  10. 2026-04-20
    status Pending 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  11. 2026-04-07
    price $98,000 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  12. 2026-04-07
    price $98,000 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  13. 2026-03-26
    price $129,200 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  14. 2026-03-26
    price $129,200 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  15. 2026-02-20
    price $149,600 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  16. 2026-02-20
    price $149,600 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  17. 2026-01-06
    listed $170,000 Active 492-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  18. 2026-01-06
    listed $170,000 Active 494-char remark
    Show marketing remark (494 chars)

    HUD OWNED PROPERTY CASE #221-575386. SOLD AS-IS WITH NO REPAIRS PRIOR TO CLOSING NO EXCEPTION. Go to www. HUDHOMESTORE. gov for more details or to see other HUD Owned properties. $100 down payment for eligible owner occupants using FHA financing. Spacious 3 bedroom 2 bathroom home located on a double lot in Barrios Subd. Contains attached 2-car garage and covered patio. Open concept floor plan with formal dining area. Mudroom accessible from rear of residence. Stainless kitchen appliances.

  19. 2024-05-29
    soldstatus $45,000
  20. 2017-12-14
    soldstatus
  21. 2017-06-29
    listed $159,000
  22. 2017-06-29
    listed $159,000

ⓘ 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
$1,701 · $142/mo
Projected year-2 tax
$1,701 · $142/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 22 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,561
− Mortgage interest
−$5,490
− Property taxes
−$1,701
− Insurance
−$5,608
− Repairs & maintenance
−$1,405
− Management
−$1,405
− Depreciation
−$2,851
Taxable loss
−$898
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$216
After-tax cash flow
$613/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
Terrebonne Parish
NCES district ID
2201740
Math proficiency
32% ▼ -36.00%
Reading proficiency
46% ▼ -30.00%
Median HH income
$47,612
Composite
33.38/100
National rank
#5480
State rank
#23 of 98 in LA

Livability — Houma

Score
64/100
State rank
#165
US rank
#13966

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment D Housing A Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Houma, LA
County
Terrebonne Parish · 57,290 people
City population
57,290
Metro
Houma-Thibodaux, LA
Population (ZIP)
28,574
Household income
$84,890
Rent vs Own
28.0% rent · 72.0% own
Severe rent burden
811.0

Population outlook (Terrebonne County) Hauer SSP2

Today (2025)
118,724 people
By 2030
120,321 · +1.3%
By 2040
121,894 · +2.7%
By 2050
121,119 · +2.0%
By 2075
117,270 · -1.2%
By 2100
107,544 · -9.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (70%)
Race & ethnicity
White 70% Black 18% Two or more races 6% Hispanic / Latino 6% Native American 3% Asian 2%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 24% Armenian 1%
Foreign-born
3% · Canada
Languages at home
93% English-only · Spanish 3% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Terrebonne

2024 margin
Solid R (+51.8) · D 23.5% · R 75.3% · Other 1.2%
2008→2024 swing
-11.0pp toward R · 2008: -40.9pp · 2024: -51.8pp
All cycles
2024: R+51.8 2020: R+50.0 2016: R+48.4 2012: R+41.2 2008: R+40.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -149.43%
Current HPI
138.5984
Rent YoY
▲ 2.82%
Metro
Houma-Thibodaux, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

-38.4% since first listed
22 events — show timeline
  • 2026-05-15 Pending AcadianaMLS
  • 2026-05-15 Pending GBRMLS
  • 2026-05-05 Relisted AcadianaMLS
  • 2026-05-05 Relisted GBRMLS
  • 2026-04-30 Pending AcadianaMLS
  • 2026-04-30 Pending GBRMLS
  • 2026-04-25 Relisted AcadianaMLS
  • 2026-04-24 Relisted GBRMLS
  • 2026-04-20 Pending AcadianaMLS
  • 2026-04-20 Pending GBRMLS
  • 2026-04-07 Price Changed $98,000 AcadianaMLS
  • 2026-04-07 Price Changed $98,000 GBRMLS
  • 2026-03-26 Price Changed $129,200 AcadianaMLS
  • 2026-03-26 Price Changed $129,200 GBRMLS
  • 2026-02-20 Price Changed $149,600 AcadianaMLS
  • 2026-02-20 Price Changed $149,600 GBRMLS
  • 2026-01-06 Listed $170,000 GBRMLS
  • 2026-01-06 Listed $170,000 AcadianaMLS
  • 2024-05-29 Sold (Public Records) $45,000 Public Records
  • 2017-12-14 Sold (MLS) GBRMLS
  • 2017-06-29 Listed $159,000 AcadianaMLS
  • 2017-06-29 Listed $159,000 GBRMLS

Property tax history

+8.0%/yr

Latest (2025): $1,701 · -2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…