36262 Belle Parc Ave · Prairieville, LA 70734

$347,000

3 bd · 2.0 ba · 1,759 sqft · SingleFamily · 281 Days on market

Built 2026 7,405 sqft lot $197/sqft · 17% below area Est $418k · 17% under $60/mo HOA · 2% of rent ↓ 3% 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).

• ARV discount +15.0/15.0
• Cash flow +14.3/30.0
• Schools +4.7/10.0
• DSCR +4.3/10.0
• 1% rule +4.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5" hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an "optional" mud bench, desk &/or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER'S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

Key facts

• Granite countertops
• Open concept layout
• 7,405 sq ft lot

Tags

• OPEN CONCEPT LAYOUT
• CUSTOM PAINTED CABINETRY
• GRANITE COUNTERTOPS
• WHITE SUBWAY TILE BACKSPLASH
• SPACIOUS CENTER ISLAND
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $347k.

Deal economics

• At list price, monthly cash flow is $61 ($729/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 $319k (8.1% below list).
• Recommended offer: $305k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 4.3% in Prairieville — 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 69/100 on livability (#70 in LA) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Ascension Parish (suburban): math 48% / reading 58% proficiency, ranked #7 of 98 in LA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 136 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 579 units permitted in Ascension Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Ascension County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 281 days — a 12% lower offer ($305k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $305,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 281 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Schools are A-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?
6. 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.
7. 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.
8. 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: 0.92% ✗
• Cap rate: 6.50%
• Cash-on-cash: 0.75%
• DSCR: 1.03
• GRM: 9.1

CMA / ARV

• ARV (median comp): $418,486
• List price: $347,000
• Delta: -17.08%
• 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
36259 Belle Parc Ave	0.04mi	3/2.0	1,834 (+4%)	1mo	$374,900	$204	90
13237 Belle Reine Dr	0.04mi	3/2.0	2,019 (+15%)	1mo	$404,691	$200	73
13163 Dutchtown Lakes Dr	0.46mi	3/2.0	1,704 (-3%)	6mo	$325,000	$191	68
13147 Oakbourne Ave	0.56mi	4/2.0 (+1)	1,825 (+4%)	3mo	$435,000	$238	60
13245 Oak Knoll Dr	0.40mi	3/2.5	1,862 (+6%)	13mo	$335,000	$180	59
37055 John St	0.74mi	3/2.5	1,716 (-2%)	7mo	$285,000	$166	53
36139 Belle Parc Ave	0.22mi	3/2.0	2,019 (+15%)	14mo	$412,610	$204	53
13102 Oak Knoll Dr	0.56mi	4/2.5 (+1)	1,868 (+6%)	7mo	$350,000	$187	50
36400 Belle Reserve Ave	0.38mi	3/2.0	2,019 (+15%)	11mo	$390,000	$193	49
12501 Dutchtown Villa Dr	0.70mi	3/2.0	1,584 (-10%)	4mo	$265,000	$167	48
12498 Highland Dr	0.73mi	4/2.0 (+1)	1,844 (+5%)	11mo	$315,000	$171	43
37092 Sue St	0.74mi	3/2.0	1,534 (-13%)	8mo	$285,000	$186	37

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.46×
• Total profit: $-52,272
• Equity at exit: $51,739

10-year hold

• IRR: -6.4%
• Equity multiple: 0.59×
• Total profit: $-40,187
• Equity at exit: $30,002

Cash invested: $97,160 (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 70734

• Home prices YoY: -21.6%
• Active inventory: 136
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $3,188 medium
• Mortgage (P&I): −$1,820
• Tax est. 1.5%: −$434 /mo · $5,205/yr
• Insurance: −$145
• HOA: −$60
• Vacancy / Maint / Mgmt: −$670
• Net cashflow: $61

Break-even live

Break-even rent $3,111

Max offer price $347,000

Occupancy floor 93%

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: $86,750
• Closing costs: $10,410
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
37313 Mindy Way Ave Prairieville, LA	4.0	3.0	2517	$4,050	$1.61	44d	1	1.30mi
37393 Preserve Trl Gonzales, LA	3.0	2.5	1956	$2,500	$1.28	14d	2	1.34mi

HOA detail

• Monthly dues: $60 · $720/yr
• Likely covers: pool

Listing history 20 events

1. 2026-06-18
   days on market $347,000 Active 281 DOM
2. 2026-06-17
   days on market $347,000 Active 280 DOM
3. 2026-06-16
   days on market $347,000 Active 279 DOM
4. 2026-06-15
   days on market $347,000 Active 278 DOM
5. 2026-06-14
   days on market $347,000 Active 276 DOM
6. 2026-06-10
   days on market $347,000 Active 273 DOM
7. 2026-06-09
   days on market $347,000 Active 272 DOM
8. 2026-06-08
   days on market $347,000 Active 271 DOM
9. 2026-06-07
   days on market $347,000 Active 270 DOM
10. 2026-06-05
    days on market $347,000 Active 267 DOM
11. 2026-06-03
    days on market $347,000 Active 266 DOM
12. 2026-06-02
    days on market $347,000 Active 265 DOM
13. 2026-06-01
    days on market $347,000 Active 264 DOM
14. 2026-05-31
    days on market $347,000 Active 263 DOM
15. 2026-05-31
    days on market $347,000 Active 262 DOM
16. 2025-09-15
    price $347,000 1472-char remark

    Show marketing remark (1483 chars)

    Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5” hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an “optional” mud bench, desk & /or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER’S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

17. 2025-09-15
    price $347,000 1483-char remark

    Show marketing remark (1483 chars)

    Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5” hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an “optional” mud bench, desk & /or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER’S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

18. 2025-09-10
    listed $359,000 Active 1483-char remark

    Show marketing remark (1472 chars)

    Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5" hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an "optional" mud bench, desk &/or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER'S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

19. 2025-09-10
    listed $359,000 Active 1472-char remark

    Show marketing remark (1472 chars)

    Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5" hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an "optional" mud bench, desk &/or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER'S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

20. 2025-09-10
    listed $347,000 Active

    Show marketing remark (1472 chars)

    Parker A by Level Homes is a thoughtfully designed 1,759 sq. ft. home featuring three bedrooms, two baths, and an open-concept layout that maximizes space and functionality. The living room and kitchen flow seamlessly together, and the dining room is set off the kitchen and overlooks the rear yard. The stunning kitchen features custom painted cabinetry with 5" hardware pulls, 3 cm granite countertops with a white subway tile backsplash, spacious center island with sink and over hanging pendant lighting, stainless steel appliances and a walk-in corner pantry. The living room is spacious and provides access to the covered rear porch, perfect for outdoor enjoyment. The primary suite is tucked away at the back of the home for privacy, featuring a large bedroom, ensuite bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The secondary bedrooms are located on the opposite side of the home and share a full bath. The mud room / laundry room is located off the garage entry and has room for an "optional" mud bench, desk &/or additional laundry cabinet options. The yard will be professionally landscaped and fully sodded. THIS IS PROPOSED CONSTRUCTION THAT CAN BE BUILT WITHIN 6 MONTHS FROM THE TIME OF CONTRACT. BUYERS CAN CUSTOMIZE AT THE BUILDER'S DESIGN CENTER. Belle Savanne is a walkable neighborhood with scenic lakes, green space, and a resort-style pool with cabana. Other homesites and floor plans available.

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

Taxation est. · year 1

• Rental income: $38,261
• − Mortgage interest: −$19,437
• − Property taxes: −$5,205
• − Insurance: −$1,735
• − Repairs & maintenance: −$3,061
• − Management: −$3,061
• − HOA: −$720
• − Depreciation: −$10,095
• Taxable loss: −$5,053
• Est. tax savings @ 24.0%: +$1,213
• After-tax cash flow: $1,942/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: Ascension Parish
• NCES district ID: 2200090
• Math proficiency: 48% ▼ -31.00%
• Reading proficiency: 58% ▼ -25.00%
• Median HH income: $68,423
• Composite: 47.0/100
• National rank: #2347
• State rank: #7 of 98 in LA

Livability — Prairieville

• Score: 69/100
• State rank: #70
• US rank: #8507

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 49,278
• Population (ZIP): 9,880

Population outlook (Ascension County) Hauer SSP2

• Today (2025): 145,480 people
• By 2030: 158,329 · +8.8%
• By 2040: 183,741 · +26.3%
• By 2050: 207,615 · +42.7%
• By 2075: 260,244 · +78.9%
• By 2100: 289,576 · +99.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 58% Hispanic / Latino 21% Black 17% Two or more races 14% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 4% Italian 2% Serbian 2%
• Foreign-born: 5% · Canada, Jamaica, South Korea
• Languages at home: 91% English-only · Spanish 6% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Ascension

• 2024 margin: Solid R (+34.0) · D 32.2% · R 66.1% · Other 1.7%
• 2008→2024 swing: +1.7pp toward D · 2008: -35.7pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+32.5 2016: R+36.0 2012: R+34.3 2008: R+35.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -40.70%
• Current HPI: 148.0987
• 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

-3.3% since first listed

5 events — show timeline

• 2025-09-15 Price Changed $347,000 AcadianaMLS
• 2025-09-15 Price Changed $347,000 GBRMLS
• 2025-09-10 Listed $359,000 GBRMLS
• 2025-09-10 Listed $347,000 AcadianaMLS
• 2025-09-10 Listed $359,000 AcadianaMLS