744 Lakewood Pointe Dr · Lake Charles, LA 70605

$293,000

3 bd · 2.0 ba · 1,816 sqft · SingleFamily · 309 Days on market

Built 2025 Excellent condition 6,534 sqft lot $161/sqft · 8% below area Est $317k · 8% under $25/mo HOA · 1% of rent

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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 +23.9/30.0
• ARV discount +10.9/15.0
• DSCR +7.7/10.0
• 1% rule +6.3/10.0
• Rent growth +5.0/5.0
• Condition / age +4.8/5.0
• Livability +3.4/5.0
• Schools +3.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 3-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,816 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.

Key facts

• Crown molding
• Beamed ceiling
• 6,534 sq ft lot

Tags

• MODERN FARMHOUSE STYLE
• LUXURY VINYL PLANK FLOORING
• CERAMIC TILE IN WET AREAS
• CROWN MOLDING
• BEAMED CEILING
• OVERSIZED KITCHEN ISLAND

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $293k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $570 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $293k).
• Recommended offer: $258k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.3% in Lake Charles — 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 68/100 on livability (#95 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, employment D-.
• Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+15.1%/yr); 456 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
• At $3,316/mo this rent would consume 46% of the median local household income ($86k/yr) (locally 1328% 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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $82k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 309 days — a 12% lower offer ($258k) is reasonable based on typical stale-listing flexibility.

Recommended offer $257,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 309 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 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.13% ✓
• Cap rate: 8.63%
• Cash-on-cash: 8.33%
• DSCR: 1.37
• GRM: 7.4

CMA / ARV

• ARV (median comp): $316,874
• List price: $293,000
• Delta: -7.53%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
820 Lakeridge Ln	0.19mi	3/2.0	1,890 (+4%)	6mo	$245,000	$130	80
624 Becky Ln	0.39mi	3/2.0	1,819 (+0%)	6mo	$290,000	$159	76
1108 Lakeridge Ln	0.50mi	3/3.0	1,814 (-0%)	3mo	$235,000	$130	70
401 Montclair St	0.47mi	4/2.0 (+1)	1,760 (-3%)	4mo	$263,000	$149	65
450 Greenway St	0.47mi	4/3.0 (+1)	1,827 (+1%)	4mo	$215,000	$118	65
1539 Tuscany Ln	0.68mi	3/2.0	1,940 (+7%)	2mo	$345,000	$178	55
629 Becky Ln	0.36mi	4/2.0 (+1)	1,990 (+10%)	9mo	$305,000	$153	55
1032 Richmond Cir	0.50mi	3/2.0	2,003 (+10%)	7mo	$325,000	$162	54
619 Central Pkwy	0.58mi	3/2.0	1,602 (-12%)	1mo	$150,000	$94	53
1550 Lacadie Dr #14	0.70mi	3/2.5	1,947 (+7%)	5mo	$227,500	$117	49
1514 Tuscany Dr	0.64mi	3/2.0	2,020 (+11%)	6mo	$315,000	$156	46
230 Crestwood Ln	0.68mi	3/2.0	1,600 (-12%)	4mo	$187,500	$117	45

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 1.9%
• Equity multiple: 1.08×
• Total profit: $6,403
• Equity at exit: $43,687

10-year hold

• IRR: 16.0%
• Equity multiple: 2.61×
• Total profit: $132,334
• Equity at exit: $25,333

Cash invested: $82,040 (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 70605

• Rents YoY: 15.1%
• Active inventory: 456
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $3,316 medium
• Mortgage (P&I): −$1,537
• Tax est. 1.5%: −$366 /mo · $4,395/yr
• Insurance: −$122
• HOA: −$25
• Vacancy / Maint / Mgmt: −$696
• Net cashflow: $570

Break-even live

Break-even rent $2,595

Max offer price $293,000

Occupancy floor 78%

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: $73,250
• Closing costs: $8,790
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
716 Dianne Ln Lake Charles, LA	3.0	2.0	2200	$5,000	$2.27	44d	1	0.16mi
155 Heather St Lake Charles, LA	3.0	2.0	1316	$1,650	$1.25	13d	1	0.49mi
4326 Christina St Lake Charles, LA	3.0	2.0	1600	$1,770	$1.11	21d	1	1.44mi

HOA detail

• Monthly dues: $25 · $300/yr

Listing history 11 events

1. 2026-06-10
   days on market $293,000 Active 309 DOM
2. 2026-06-09
   days on market $293,000 Active 308 DOM
3. 2026-06-08
   days on market $293,000 Active 307 DOM
4. 2026-06-07
   days on market $293,000 Active 306 DOM
5. 2026-06-05
   days on market $293,000 Active 303 DOM
6. 2026-06-02
   days on market $293,000 Active 301 DOM
7. 2026-06-01
   days on market $293,000 Active 300 DOM
8. 2026-05-31
   days on market $293,000 Active 299 DOM
9. 2026-05-30
   days on market $293,000 Active 298 DOM
10. 2026-02-24
    price $293,000 932-char remark

    Show marketing remark (932 chars)

    New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 3-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,816 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.

11. 2025-06-09
    listed $289,500 Active 932-char remark

    Show marketing remark (932 chars)

    New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 3-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,816 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.

ⓘ 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: $39,792
• − Mortgage interest: −$16,413
• − Property taxes: −$4,395
• − Insurance: −$1,465
• − Repairs & maintenance: −$3,183
• − Management: −$3,183
• − HOA: −$300
• − Depreciation: −$8,524
• Taxable income: $2,329
• Est. tax owed @ 24.0%: −$559
• After-tax cash flow: $6,279/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.

Condition & rehab AI · 13 photos

Excellent 95/100 None rehab

This modern farmhouse-style home in Lakewood Pointe is in excellent condition with a well-maintained exterior and interior. It offers a spacious floor plan, hardwood flooring, and modern finishes. The home is move-in ready and has the potential to be further enhanced with minor updates to the exterior and interior.

Value-add opportunities

• Resale Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and make the home look more inviting to potential buyers.
• Resale Landscaping improvements — A well-maintained lawn and landscaping can increase the home's curb appeal and make it more attractive to potential buyers.
• Resale Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers.
• Both Adding smart home features — Smart home features can increase the home's value and make it more attractive to both buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and make the home look more inviting to potential buyers. ↑
• Resale Landscaping improvements — A well-maintained lawn and landscaping can increase the home's curb appeal and make it more attractive to potential buyers. ↑
• Resale Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers. ↑
• Both Adding smart home features — Smart home features can increase the home's value and make it more attractive to both buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Calcasieu Parish
• NCES district ID: 2200330
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 44% ▼ -33.00%
• Median HH income: $44,700
• Composite: 31.45/100
• National rank: #5979
• State rank: #29 of 98 in LA

Livability — Lake Charles

• Score: 68/100
• State rank: #95
• US rank: #9820

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Charles, LA
• County: Calcasieu Parish · 170,889 people
• City population: 133,538
• Metro: Lake Charles, LA
• Population (ZIP): 40,482
• Household income: $86,015
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 1328.0

Population outlook (Calcasieu County) Hauer SSP2

• Today (2025): 212,179 people
• By 2030: 218,199 · +2.8%
• By 2040: 228,486 · +7.7%
• By 2050: 236,208 · +11.3%
• By 2075: 251,696 · +18.6%
• By 2100: 247,848 · +16.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 10% Hispanic / Latino 6% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 12% Italian 3% Slovak 2%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Calcasieu

• 2024 margin: Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
• 2008→2024 swing: -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
• All cycles: 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -102.68%
• Current HPI: 105.1903
• Rent YoY: ▲ 15.10%
• Metro: Lake Charles, 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

+1.2% since first listed

2 events — show timeline

• 2026-02-24 Price Changed $293,000 SWLAR
• 2025-06-09 Listed $289,500 SWLAR