303 Terry Dr · Lafayette, LA 70501

$170,000

4 bd · 2.0 ba · 2,953 sqft · SingleFamily public records · 221 Days on market

Built 1978 0.29 ac lot $58/sqft · 50% below area Est $337k · 50% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.3/10.0
• Rent growth +4.3/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

Key facts

• 0.29 acre lot
• Garage
• Built 1978

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $209 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 4.7% in Lafayette — 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 70/100 on livability (#63 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime F.
• Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.3%/yr); 247 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• At $2,262/mo this rent would consume 81% of the median local household income ($33k/yr) (locally 2089% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 7.3% rent growth), your $48k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 221 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 33y ago; this cycle's ask has dropped $90k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 221 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 1978 — 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 F 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: 1.33% ✓
• Cap rate: 10.78%
• Cash-on-cash: 16.02%
• DSCR: 1.71
• GRM: 6.3

CMA / ARV

• ARV (median comp): $336,717
• List price: $170,000
• Delta: -49.51%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
108 Murat Cir	0.56mi	4/2.5	2,872 (-3%)	1mo	$454,250	$158	66
1921 E Willow St	0.26mi	4/3.0	3,234 (+10%)	6mo	$638,000	$197	63
112 Hardwood Dr	0.47mi	4/2.5	2,658 (-10%)	4mo	$363,000	$137	56
1776 Blanchet Dr	0.57mi	3/2.5 (-1)	3,000 (+2%)	24mo	$310,000	$103	44

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 · 7.35% rent growth · sell at horizon

5-year hold

• IRR: -1.9%
• Equity multiple: 0.92×
• Total profit: $-3,635
• Equity at exit: $25,348

10-year hold

• IRR: 13.0%
• Equity multiple: 2.29×
• Total profit: $61,490
• Equity at exit: $14,698

Cash invested: $47,600 (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 70501

• Rents YoY: 7.3%
• Active inventory: 247
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,262 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$189 /mo · $2,269/yr
• Insurance: −$71
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$475
• Net cashflow: $209

Break-even live

Break-even rent $1,997

Max offer price $170,000

Occupancy floor 86%

Sensitivity live

Price	-10% $305	-5% $257	+0% $209	+5% $161	+10% $113
Rent	-10% $30	-5% $119	+0% $209	+5% $298	+10% $387
Rate	-1.0pp $294	-0.5pp $252	base $209	+0.5pp $165	+1.0pp $120

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
109 Red Pine Dr Lafayette, LA	4.0	3.0	2087	$3,500	$1.68	14d	1	0.94mi
110 Rimwood Ave Lafayette, LA	3.0	2.5	2982	$2,450	$0.82	22d	1	1.39mi

Listing history 38 events

1. 2026-06-21
   days on market $170,000 Active 221 DOM
2. 2026-06-18
   days on market $170,000 Active 218 DOM
3. 2026-06-17
   days on market $170,000 Active 217 DOM
4. 2026-06-16
   days on market $170,000 Active 216 DOM
5. 2026-06-15
   days on market $170,000 Active 215 DOM
6. 2026-06-14
   days on market $170,000 Active 213 DOM
7. 2026-06-13
   pricedays on market $170,000 Active 212 DOM
8. 2026-06-10
   days on market $180,000 Active 210 DOM
9. 2026-06-09
   days on market $180,000 Active 209 DOM
10. 2026-06-08
    days on market $180,000 Active 208 DOM
11. 2026-06-07
    days on market $180,000 Active 207 DOM
12. 2026-06-05
    days on market $180,000 Active 204 DOM
13. 2026-06-03
    days on market $180,000 Active 203 DOM
14. 2026-06-02
    days on market $180,000 Active 202 DOM
15. 2026-06-01
    days on market $180,000 Active 201 DOM
16. 2026-05-31
    days on market $180,000 Active 200 DOM
17. 2026-05-30
    days on market $180,000 Active 199 DOM
18. 2026-05-11
    price $180,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

19. 2026-04-25
    price $190,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

20. 2026-04-08
    price $200,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

21. 2026-03-19
    price $210,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

22. 2026-03-04
    price $220,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

23. 2026-02-13
    price $230,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

24. 2026-02-13
    price $230 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

25. 2026-01-15
    price $240,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

26. 2025-12-14
    price $250,000 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

27. 2025-11-13
    status Active 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

28. 2025-11-03
    listed $260,000 Active 835-char remark

    Show marketing remark (835 chars)

    Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

29. 2022-08-01
    soldstatus $275,000
30. 2022-07-29
    soldstatus $275,000 Sold 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

31. 2022-07-05
    status Pending 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

32. 2022-07-05
    listed $295,900 Active 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

33. 2022-06-30
    soldstatus $275,000 Sold 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

34. 2022-05-09
    status Pending 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

35. 2022-05-05
    price $295,900 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

36. 2021-11-30
    listed $299,900 Active 1395-char remark

    Show marketing remark (1395 chars)

    Entertainers dream! This well maintained and fully remodeled home sits in a well established neighborhood. Features 4 bedrooms, 2 full baths and potentially 3 separate living areas in a triple split floor plan. From the living room, enter the spacious kitchen through an archway. The kitchen has plenty of cabinets, stainless steel appliances, granite countertops and opens to the dining area and large family room. Family room features a tray ceiling and an electric fireplace with natural earth slate stacked stone. Home also features granite countertops in both bathrooms, on the fireplace top, and in the office. Crown molding is present throughout the main living space and bedrooms. His and hers walk-in closets in the master bedroom. Large fully tiled shower in the master bath. No carpet with all tile and wood flooring. New double pane insulated windows and both HVAC units are less than four years old. Roof is only 3 years old. Upstairs bonus room can be used as another living area, additional bedroom, or flex space. Large covered patio has two ceiling fans and is perfect for outdoor living. Two car garage features a double wood grain garage door. The large backyard has a shed/storage building along with a fire pit area to relax in the evenings. LCG has begun building the flood drainage wall behind the subdivision to ensure no flooding. Project to be completed within 30 days.

37. 1993-12-29
    soldstatus $57,000
38. 1993-06-05
    listed $57,000

ⓘ 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: $2,269 · $189/mo
• Projected year-2 tax: $2,269 · $189/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 5/10 Major FEMA zone AE · 51% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,141
• − Mortgage interest: −$9,523
• − Property taxes: −$2,269
• − Insurance: −$5,968
• − Repairs & maintenance: −$2,171
• − Management: −$2,171
• − Depreciation: −$4,945
• Taxable income: $92
• Est. tax owed @ 24.0%: −$22
• After-tax cash flow: $2,483/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: Lafayette Parish
• NCES district ID: 2200870
• Math proficiency: 38% ▼ -32.00%
• Reading proficiency: 46% ▼ -24.00%
• Median HH income: $50,238
• Composite: 36.15/100
• National rank: #4741
• State rank: #19 of 98 in LA

Livability — Lafayette

• Score: 70/100
• State rank: #63
• US rank: #8133

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lafayette Parish · 207,544 people
• City population: 158,114
• Metro: Lafayette, LA
• Population (ZIP): 26,465
• Household income: $33,365
• Rent vs Own: 58.8% rent · 41.2% own
• Severe rent burden: 2089.0

Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 280,930 people
• By 2030: 301,092 · +7.2%
• By 2040: 339,456 · +20.8%
• By 2050: 375,156 · +33.5%
• By 2075: 451,672 · +60.8%
• By 2100: 497,203 · +77.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (73%)
• Race & ethnicity: Black 73% White 18% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Lithuanian 4%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 2%

Political lean MEDSL · Lafayette

• 2024 margin: Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
• 2008→2024 swing: -0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.63%
• Current HPI: 81.2963
• Rent YoY: ▲ 7.35%
• Metro: Lafayette, LA
• 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

+215.8% since first listed

21 events — show timeline

• 2026-05-11 Price Changed $180,000 AcadianaMLS
• 2026-04-25 Price Changed $190,000 AcadianaMLS
• 2026-04-08 Price Changed $200,000 AcadianaMLS
• 2026-03-19 Price Changed $210,000 AcadianaMLS
• 2026-03-04 Price Changed $220,000 AcadianaMLS
• 2026-02-13 Price Changed $230,000 AcadianaMLS
• 2026-02-13 Price Changed $230 AcadianaMLS
• 2026-01-15 Price Changed $240,000 AcadianaMLS
• 2025-12-14 Price Changed $250,000 AcadianaMLS
• 2025-11-13 Relisted — AcadianaMLS
• 2025-11-03 Listed $260,000 AcadianaMLS
• 2022-08-01 Sold (Public Records) $275,000 Public Records
• 2022-07-29 Sold (MLS) $275,000 AcadianaMLS
• 2022-07-05 Pending — AcadianaMLS
• 2022-07-05 Listed $295,900 AcadianaMLS
• 2022-06-30 Sold (MLS) $275,000 AcadianaMLS
• 2022-05-09 Pending — AcadianaMLS
• 2022-05-05 Price Changed $295,900 AcadianaMLS
• 2021-11-30 Listed $299,900 AcadianaMLS
• 1993-12-29 Sold (MLS) $57,000 AcadianaMLS
• 1993-06-05 Listed $57,000 AcadianaMLS

Property tax history

+25.8%/yr

Latest (2025): $2,269 · -1.3% YoY. Source: county tax records.