7525 Asteroid St · Meraux, LA 70092

$194,000

3 bd · 2.0 ba · 1,979 sqft · SingleFamily · 204 Days on market

Built 1980 5,662 sqft lot $98/sqft · 15% below area Est $229k · 15% under

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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).

• Cash flow +19.1/30.0
• ARV discount +14.4/15.0
• DSCR +6.0/10.0
• Schools +5.0/10.0
• 1% rule +4.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.8/10.0

Listing remarks MLS

Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

Key facts

• Open floor plan
• Full remodel
• Spacious carport

Tags

• FULL REMODEL
• BRICK CONSTRUCTION
• SPACIOUS CARPORT
• TILE FLOORING
• OPEN FLOOR PLAN
• DEDICATED DINING SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $194k.

Deal economics

• At list price, monthly cash flow is $139 ($2k/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 $185k (4.8% below list).
• Recommended offer: $171k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 5.1% in Meraux — 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 65/100 on livability (#152 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B; Watch: crime D, amenities F, commute F.
• Market conditions: 53 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• St. Bernard County population projected at +89% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 204 days — a 12% lower offer ($171k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $129k; list at $194k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $170,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 204 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.95% ✗
• Cap rate: 7.56%
• Cash-on-cash: 4.54%
• DSCR: 1.20
• GRM: 8.8

CMA / ARV

• ARV (median comp): $229,026
• List price: $194,000
• Delta: -15.29%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2212 Fable St	0.30mi	3/2.5	1,895 (-4%)	0mo	$242,000	$128	77
2909 Fable St	0.57mi	3/2.0	1,949 (-2%)	1mo	$279,900	$144	70
2312 Livaccari Dr	0.20mi	3/1.5	2,100 (+6%)	11mo	$185,000	$88	69
2057 Valmar Dr	0.17mi	2/2.0 (-1)	2,076 (+5%)	13mo	$230,000	$111	68
2900 Woods Dr	0.49mi	4/2.0 (+1)	1,904 (-4%)	5mo	$251,000	$132	61
4447 E St Bernard Hwy	0.49mi	3/2.0	1,930 (-2%)	20mo	$355,000	$184	56
2212 Legend Dr	0.33mi	3/2.0	1,864 (-6%)	23mo	$230,000	$123	55
2205 Valmar St	0.17mi	3/3.0	2,209 (+12%)	21mo	$323,000	$146	51
2228 Maureen Ln	0.49mi	3/2.0	1,732 (-12%)	11mo	$320,000	$185	47
2900 Meadow Dr	0.50mi	3/2.0	1,694 (-14%)	12mo	$225,000	$133	43
1927 Bridgehead Ln	0.67mi	3/2.0	1,706 (-14%)	21mo	$88,500	$52	28

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: -11.5%
• Equity multiple: 0.58×
• Total profit: $-22,567
• Equity at exit: $28,926

10-year hold

• IRR: -2.2%
• Equity multiple: 0.85×
• Total profit: $-8,187
• Equity at exit: $16,774

Cash invested: $54,320 (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 70092

• Home prices YoY: -3.7%
• Active inventory: 53
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,847 medium
• Mortgage (P&I): −$1,017
• Tax from tax record: −$155 /mo · $1,864/yr
• Insurance: −$81
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $139

Break-even live

Break-even rent $1,671

Max offer price $194,000

Occupancy floor 87%

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: $48,500
• Closing costs: $5,820
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10002 Claiborne St Violet, LA	3.0	2.0	1568	$1,875	$1.20	44d	1	0.07mi
2408 Francis St Violet, LA	2.0	2.0	1350	$1,650	$1.22	44d	1	0.20mi
2004 Webster St Meraux, LA	3.0	2.0	1400	$1,750	$1.25	17d	1	1.19mi
12801 River Rd New Orleans, LA	3.0	2.0	2218	$2,700	$1.22	2d	1	1.47mi

Listing history 34 events

1. 2026-06-18
   days on market $194,000 Active 204 DOM
2. 2026-06-17
   days on market $194,000 Active 203 DOM
3. 2026-06-16
   days on market $194,000 Active 202 DOM
4. 2026-06-15
   days on market $194,000 Active 201 DOM
5. 2026-06-13
   days on market $194,000 Active 199 DOM
6. 2026-06-10
   days on market $194,000 Active 196 DOM
7. 2026-06-09
   days on market $194,000 Active 195 DOM
8. 2026-06-08
   days on market $194,000 Active 194 DOM
9. 2026-06-07
   days on market $194,000 Active 193 DOM
10. 2026-06-03
    days on market $194,000 Active 189 DOM
11. 2026-06-02
    days on market $194,000 Active 188 DOM
12. 2026-06-01
    days on market $194,000 Active 187 DOM
13. 2026-05-31
    days on market $194,000 Active 186 DOM
14. 2026-05-01
    price $200,000 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

15. 2026-05-01
    price $200,000 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

16. 2026-04-08
    price $210,000 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

17. 2026-04-08
    price $210,000 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

18. 2026-04-04
    status Active 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

19. 2026-04-04
    status Active 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

20. 2026-04-01
    historical 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

21. 2026-03-28
    price $219,500 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

22. 2026-03-28
    price $219,500 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

23. 2026-03-20
    price $220,000 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

24. 2026-03-20
    price $220,000 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

25. 2026-01-16
    price $225,000 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

26. 2026-01-16
    price $225,000 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

27. 2026-01-05
    price $230,000 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

28. 2026-01-05
    price $230,000 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

29. 2025-11-22
    listed $234,500 Active 1270-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

30. 2025-11-22
    listed $234,500 Active 1271-char remark

    Show marketing remark (1271 chars)

    Spacious and thoughtfully updated, this 3-bedroom, 2-bath brick home offers nearly 2,000 square feet of flexible living space in the Frances Place subdivision. Renovated in 2020, and with a new HVAC condenser, and new water heater, the home features an open layout with multiple living areas designed to accommodate both everyday living and gatherings. A standout feature of the home is the large rear game room or den, providing additional space for entertaining, relaxing, or creating a second living area. The kitchen includes natural wood cabinetry, a gas range and oven, and a breakfast area, with a nearby dining space for everyday meals and hosting. The primary bedroom includes a private ensuite bathroom, while the additional bedrooms offer comfortable space and ample closets. A large laundry room adds convenience and storage flexibility. Step outside to enjoy a spacious fenced backyard with a large covered patio, creating an ideal setting for outdoor gatherings or relaxing evenings. The brick exterior and covered carport provide practical, low-maintenance features. Low cost flood zone x as well! Assumable flood policy! Offering generous interior space and functional design, this home provides a great opportunity to enjoy comfortable living in Violet.

31. 2023-04-06
    price $220,000
32. 2023-03-21
    price $225,000
33. 2023-02-23
    listed $220,000
34. 2018-08-31
    soldstatus $129,000

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

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $1,864 · $155/mo
• Projected year-2 tax: $1,864 · $155/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 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,162
• − Mortgage interest: −$10,867
• − Property taxes: −$1,864
• − Insurance: −$1,768
• − Repairs & maintenance: −$1,773
• − Management: −$1,773
• − Depreciation: −$5,644
• Taxable loss: −$1,526
• Est. tax savings @ 24.0%: +$366
• After-tax cash flow: $2,035/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)

No district data.

Livability — Meraux

• Score: 65/100
• State rank: #152
• US rank: #13001

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Meraux, LA
• City population: 5,349
• Population (ZIP): 6,784

Population outlook (St. Bernard County) Hauer SSP2

• Today (2025): 66,513 people
• By 2030: 77,768 · +16.9%
• By 2040: 101,296 · +52.3%
• By 2050: 125,770 · +89.1%
• By 2075: 188,160 · +182.9%
• By 2100: 239,339 · +259.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 46% Black 43% Hispanic / Latino 9% Two or more races 6% Native American 1%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 11% Iranian 1% Hispanic 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · St. Bernard

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: +16.1pp toward D · 2008: -45.4pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+28.5 2016: R+33.4 2012: R+24.7 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -8.36%
• Current HPI: 218.6728
• 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

+55.0% since first listed

21 events — show timeline

• 2026-05-01 Price Changed $200,000 AcadianaMLS
• 2026-05-01 Price Changed $200,000 GSREIN
• 2026-04-08 Price Changed $210,000 AcadianaMLS
• 2026-04-08 Price Changed $210,000 GSREIN
• 2026-04-04 Relisted — AcadianaMLS
• 2026-04-04 Relisted — GSREIN
• 2026-04-01 Listing Removed — GSREIN
• 2026-03-28 Price Changed $219,500 AcadianaMLS
• 2026-03-28 Price Changed $219,500 GSREIN
• 2026-03-20 Price Changed $220,000 AcadianaMLS
• 2026-03-20 Price Changed $220,000 GSREIN
• 2026-01-16 Price Changed $225,000 AcadianaMLS
• 2026-01-16 Price Changed $225,000 GSREIN
• 2026-01-05 Price Changed $230,000 AcadianaMLS
• 2026-01-05 Price Changed $230,000 GSREIN
• 2025-11-22 Listed $234,500 GSREIN
• 2025-11-22 Listed $234,500 AcadianaMLS
• 2023-04-06 Price Changed $220,000 GSREIN
• 2023-03-21 Price Changed $225,000 GSREIN
• 2023-02-23 Listed $220,000 AcadianaMLS
• 2018-08-31 Sold (Public Records) $129,000 Public Records

Property tax history

+7.9%/yr

Latest (2025): $1,864 · -0.7% YoY. Source: county tax records.