123 Grenadine Dr · Lafayette, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +7.7/30.0
- Schools +3.6/10.0
- Rent growth +3.5/5.0
- Livability +3.5/5.0
- 1% rule +2.5/10.0
- Condition / age +2.5/5.0
- DSCR +1.8/10.0
- Appreciation +0.0/10.0
$252,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
Key facts
- Energy star home
- Stainless appliances
- Slide-in gas range
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $253k.
Deal economics
- At list price, monthly cash flow is $-296 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $210k (17.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (24.6% below list).
- Recommended offer: $191k (24.6% below list) — sets the bar for 1% rule.
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 (+4.1%/yr); 404 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
- This rent runs 40% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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.
Negotiation context
- It's been on market 197 days — a 12% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
- 5 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 197 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.75% ✗
- Cap rate
- 4.89%
- Cash-on-cash
- -5.02%
- DSCR
- 0.78
- GRM
- 11.1
CMA / ARV
- ARV (median comp)
- $328,561
- List price
- $252,900
- Delta
- -23.03%
- 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 |
|---|---|---|---|---|---|---|---|
| 117 Grenadine Dr | 0.02mi | 3/2.0 | 1,446 (0%) | 8mo | $247,999 | $172 | 93 |
| 110 Grenadine Dr | 0.17mi | 3/2.0 | 1,446 (0%) | 6mo | $239,999 | $166 | 87 |
| 122 Grenadine Dr | 0.23mi | 3/2.0 | 1,446 (0%) | 6mo | $247,999 | $172 | 84 |
| 366 W Broussard Rd | 0.12mi | 3/2.0 | 1,505 (+4%) | 7mo | $244,000 | $162 | 82 |
| 113 Grenadine Dr | 0.04mi | 3/2.0 | 1,547 (+7%) | 7mo | $249,999 | $162 | 81 |
| 119 Grenadine Dr | 0.22mi | 3/2.0 | 1,484 (+3%) | 7mo | $251,000 | $169 | 79 |
| 121 Grenadine Dr | 0.25mi | 3/2.0 | 1,547 (+7%) | 3mo | $254,900 | $165 | 74 |
| 108 Caddo Ct | 0.58mi | 3/2.0 | 1,459 (+1%) | 5mo | $230,000 | $158 | 67 |
| 102 Caddo Ct | 0.55mi | 3/2.0 | 1,393 (-4%) | 8mo | $199,999 | $144 | 61 |
| 201 B Camino Real Rd | 0.68mi | 3/2.0 | 1,616 (+12%) | 4mo | $190,000 | $118 | 46 |
| 110 Caddo Ct | 0.59mi | 3/2.0 | 1,613 (+12%) | 9mo | $227,000 | $141 | 45 |
| 504 Glade Blvd | 0.69mi | 3/2.0 | 1,650 (+14%) | 2mo | $205,000 | $124 | 43 |
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 · 4.12% rent growth · sell at horizon
- IRR
- -23.5%
- Equity multiple
- 0.19×
- Total profit
- $-57,625
- Equity at exit
- $37,708
- IRR
- -15.5%
- Equity multiple
- 0.08×
- Total profit
- $-65,113
- Equity at exit
- $21,866
Cash invested: $70,812 (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
ZIP-level market 70506
- Home prices YoY
- -34.8%
- Rents YoY
- 4.1%
- Active inventory
- 404
- Price-to-rent
- 11.1×
Monthly cashflow live
- Estimated rent
- $1,907 high interval (Pro) →
- Mortgage (P&I)
- −$1,326
- Tax est. 1.5%
- −$316 /mo · $3,794/yr
- Insurance
- −$105
- HOA
- −$55
- Vacancy / Maint / Mgmt
- −$400
- Net cashflow
- $-296
Break-even live
Sensitivity live
| Price | -10% $-122 | -5% $-209 | +0% $-296 | +5% $-384 | +10% $-471 |
|---|---|---|---|---|---|
| Rent | -10% $-447 | -5% $-372 | +0% $-296 | +5% $-221 | +10% $-146 |
| Rate | -1.0pp $-169 | -0.5pp $-232 | base $-296 | +0.5pp $-362 | +1.0pp $-429 |
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
- $63,225
- Closing costs
- $7,587
- 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 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 201 Finsbury Ln Lafayette, LA | 3.0 | 2.0 | 1730 | $2,575 | $1.49 | 21d | 1 | 0.25mi |
| 225 Shadowbrush Bnd Lafayette, LA | 3.0 | 2.0 | 1585 | $1,700 | $1.07 | 44d | 1 | 0.67mi |
| 600 Glade Blvd Lafayette, LA | 3.0 | 2.0 | 1617 | $1,695 | $1.05 | 14d | 1 | 0.69mi |
| 110 Pilsbury Ln Lafayette, LA | 2.0 | 2.0 | 1150 | $1,595 | $1.39 | 21d | 1 | 0.75mi |
| 104 Marblehead Ave Lafayette, LA | 2.0–3.0 | 2.0–2.5 | 1448 | $2,668 | $1.84 | 14d | 126 | 0.79mi |
| 330 Dunvegan Ct Lafayette, LA | 3.0 | 2.5 | 1848 | $2,400 | $1.30 | 44d | 1 | 0.85mi |
| 1630 Rue du Belier Lafayette, LA | 1.0–3.0 | 1.0–2.0 | 1060 | $1,600 | $1.51 | 14d | 25 | 0.92mi |
| 120 Hummingbird Ln Apt C Lafayette, LA | 2.0 | 2.0 | 900 | $850 | $0.94 | 14d | 1 | 0.95mi |
| 106 Hummingbird Ln Unit D Lafayette, LA | 2.0 | 2.0 | 900 | $800 | $0.89 | 44d | 1 | 0.95mi |
| 303 Tall Meadows Ln Lafayette, LA | 3.0 | 2.0 | 1522 | $2,000 | $1.31 | 21d | 1 | 0.96mi |
| 304 Tall Meadows Ln Lafayette, LA | 3.0 | 2.0 | 1689 | $1,850 | $1.10 | 44d | 1 | 0.97mi |
| 105 Alpine Meadows Ln Lafayette, LA | 3.0 | 2.0 | 1629 | $1,945 | $1.19 | 21d | 1 | 0.99mi |
| 6000 Johnston St Lafayette, LA | 1.0–3.0 | 1.0–2.0 | 1093 | $1,740 | $1.59 | 14d | 20 | 1.00mi |
| 307 Grassy Meadows Ln Lafayette, LA | 3.0 | 2.0 | 1603 | $2,200 | $1.37 | 21d | 1 | 1.05mi |
| 221 Wakely CT Lafayette, LA | 3.0 | 2.0 | 1659 | $1,975 | $1.19 | 14d | 1 | 1.10mi |
| 106 Braddish Ct Lafayette, LA | 3.0 | 2.0 | 1659 | $1,900 | $1.15 | 21d | 1 | 1.20mi |
| 709 Rosedown Ln Lafayette, LA | 3.0 | 2.0 | 1800 | $1,700 | $0.94 | 44d | 1 | 1.22mi |
| 327 Guidry Rd Lafayette, LA | 2.0 | 2.0 | 1060 | $1,350 | $1.27 | 21d | 1 | 1.38mi |
| 303 Belle Grove Blvd Lafayette, LA | 3.0 | 2.0 | 1700 | $1,700 | $1.00 | 21d | 1 | 1.47mi |
HOA detail
- Monthly dues
- $55 · $660/yr
- Likely covers
- watergas
Listing history 25 events
-
2026-06-18days on market $252,900 Active 197 DOM
-
2026-06-17days on market $252,900 Active 196 DOM
-
2026-06-16days on market $252,900 Active 195 DOM
-
2026-06-15days on market $252,900 Active 194 DOM
-
2026-06-14days on market $252,900 Active 192 DOM
-
2026-06-13days on market $252,900 Active 191 DOM
-
2026-06-10days on market $252,900 Active 189 DOM
-
2026-06-09days on market $252,900 Active 188 DOM
-
2026-06-08days on market $252,900 Active 187 DOM
-
2026-06-07days on market $252,900 Active 186 DOM
-
2026-06-05days on market $252,900 Active 183 DOM
-
2026-06-03days on market $252,900 Active 182 DOM
-
2026-06-02days on market $252,900 Active 181 DOM
-
2026-06-01days on market $252,900 Active 180 DOM
-
2026-05-31days on market $252,900 Active 179 DOM
-
2026-05-30days on market $252,900 Active 178 DOM
-
2026-05-15status Active 1226-char remark
Show marketing remark (1226 chars)
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
-
2026-03-16historical Contingent (Show) 1226-char remark
Show marketing remark (1226 chars)
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
-
2026-03-04status Active 1304-char remark
Show marketing remark (1304 chars)
* Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!
-
2026-03-04price $252,900 1304-char remark
Show marketing remark (1304 chars)
* Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!
-
2025-12-17status Active 1226-char remark
Show marketing remark (1226 chars)
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
-
2025-12-17price $252,900 1226-char remark
Show marketing remark (1226 chars)
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
-
2025-09-09historical 1304-char remark
Show marketing remark (1304 chars)
* Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!
-
2025-08-25$259,999 Active 1226-char remark
Show marketing remark (1226 chars)
*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!
-
2025-08-15$259,999 Active 1304-char remark
Show marketing remark (1304 chars)
* Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $22,881
- − Mortgage interest
- −$14,166
- − Property taxes
- −$3,794
- − Insurance
- −$1,264
- − Repairs & maintenance
- −$1,830
- − Management
- −$1,830
- − HOA
- −$660
- − Depreciation
- −$7,357
- Taxable loss
- −$8,022
- Est. tax savings @ 24.0%
- +$1,925
- After-tax cash flow
- $-1,632/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lafayette, LA
- County
- Lafayette Parish · 207,544 people
- City population
- 158,114
- Metro
- Lafayette, LA
- Population (ZIP)
- 42,318
- Household income
- $57,379
- Rent vs Own
- Severe rent burden
- 2095.0
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
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- White 60% Black 20% Hispanic / Latino 13% Two or more races 13% Asian 3%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Lithuanian 18% Armenian 1% Slovak 1%
- Foreign-born
- 12% · Canada, Vietnam
- Languages at home
- 83% English-only · Spanish 9% French/Haitian/Cajun 3% Vietnamese 1%
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
- ▼ -75.28%
- Current HPI
- 140.8445
- Rent YoY
- ▲ 4.12%
- 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 |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
-2.7% since first listed9 events — show timeline
- 2026-05-15 Relisted — AcadianaMLS
- 2026-03-16 Contingent — AcadianaMLS
- 2026-03-04 Relisted — Zillow
- 2026-03-04 Price Changed $252,900 Zillow
- 2025-12-17 Relisted — AcadianaMLS
- 2025-12-17 Price Changed $252,900 AcadianaMLS
- 2025-09-09 Delisted — Zillow
- 2025-08-25 Listed $259,999 AcadianaMLS
- 2025-08-15 Listed $259,999 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…