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305 Failla Rd, Lafayette, LA, 70508

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,100 SqFt
$207/SqFt
House

Location

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305 Failla Rd, Lafayette$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingRV Access/Parking, Open, Attached
Attached GarageYes
Year Built1905
HeatingCentral
CoolingCentral Air
MLS #24011425
Lot Size1.75 Acres
StatusActive

About 305 Failla Rd

Welcome to this charming historic Acadian-style home nestled on 1.75 acres in the heart of Lafayette, LA. With its timeless character and beautiful craftsmanship, this home offers a perfect blend of vintage appeal and modern living. Home features 4 bedrooms, 3 bathrooms, an office space, a metal roof, galvanized gutters, a beautiful cypress staircase, long leaf pine flooring, beaded board ceilings, solid walls, and detailed trim just to name a few. Two of the bedrooms are located downstairs with 2 bedrooms and a full bath located upstairs. The park-like setting in the backyard creates a serene retreat with plenty of room for outdoor activities, gardening, or relaxation. Enjoy the tranquility and privacy of the expansive lot, ideal for entertaining or unwinding in nature. Additionally, this property features a spacious 432sf room above the carport, which presents a fantastic opportunity to create a versatile bonus space—whether as an office, studio, or guest suite. With its picturesque location and unique features, this home offers an exceptional opportunity to own a beautiful acadian style home on acreage in a prime location with convenience to shoppings, schools, and hospitals.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 1/2 Story, Acadian
  • Year Built: 1905
  • Stories: 2
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: Parish Realty Acadiana
  • Office Phone: (337) 735-1223
  • Listing Agent: Lauren Gardiner

Interior Features

Interior Information:

  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Flooring Type: Wood, Carpet
  • Interior: Walk-In Closet(s), Standalone Tub, Double Vanity, Bookcases, Some Window Treatments, Varied Ceiling Heights, Electric Dryer Con, Crown Molding, Built-Ins, Attic Access, 9+ Ft Ceiling, Gas Stove Con, Electric Washer Con, Master Bath, Office

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Porch, Rear Yard Access, Landscaped

Parking Information:

  • Attached Garage: Yes
  • Parking: RV Access/Parking, Open, Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.75 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head South on Verot School Road, take a left on Failla Road, home is a half mile on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $207/SqFt

Tax Information:

  • Annual Amount: $2,397
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lafayette, LA.

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Lafayette, LA

City

Med. Sold Price

$234.8K

Med. Price/SqFt

$140

Avg. Days On Market

61

# of Sold Homes

128

305 Failla Rd vs Lafayette

1 DAY ON ROCKET

-60 Days

$850,000

+$615.1K More

$207/SqFt

+$66 More

KEY TAKEAWAY

This property is $615.1K more than the Median Sold Price and $66/SqFt more than other homes in Lafayette, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #24011425

Listing Office:

  • Office Name: Parish Realty Acadiana
  • Office Phone: (337) 735-1223
  • Listing Agent: Lauren Gardiner

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2024 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,397$29,119
2019$2,397$29,119
2018$2,304$25,939
2017$2,013$25,939

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-781127
6
/10

  • Corporal Michael Middlebrook Elementary School

  • 1801 Kaliste Saloom Rd

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-781128
7
/10

  • Broadmoor Elementary School

  • 609 Broadmoor Blvd

  • 2.79 miles

  • Public District Grades PK-4

school-card-donut-781129
10
/10

  • Ernest Gallet Elementary School

  • 2901 E Milton Ave

  • 2.87 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,162. Most Lafayette, LA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lafayette, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lafayette, LA?

Lafayette's housing market showcases a blend of traditional Acadian-style homes, modern condominiums, and spacious single-family residences. The architectural landscape is a testament to the city's rich cultural heritage and contemporary growth. Single-family homes are the cornerstone of the housing sector, while apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lafayette is robust, reflecting the community's investment in long-term residency.

Is Lafayette, LA a good place to live?

Lafayette prides itself on its vibrant culture, deeply rooted in Cajun and Creole traditions. The city's character is further enriched by its reputation as the 'Heart of Acadiana,' with numerous festivals, including the famous Festival International de Louisiane, celebrating the area's Francophone heritage. The community's spirit is characterized by a blend of historical charm and a dynamic social scene, appealing to both residents and visitors alike.

Are things conveniently located in Lafayette, LA?

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic and extracurricular interests. Healthcare facilities in Lafayette are equipped to provide a spectrum of services, from routine care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering everything from traditional Cajun cuisine to international fare, and the city is proactive in adapting its services to meet the evolving needs of its diverse population.

What does the transportation in Lafayette, LA look like?

Lafayette's transportation infrastructure supports a variety of mobility options, with an emphasis on accommodating both private vehicle travel and public transit users. The city's roadways connect residents to major employment centers and recreational destinations, while public transportation services offer routes that facilitate access to key areas of the city. Walkability varies across neighborhoods, with certain districts offering more pedestrian-friendly environments. The city is continually working to improve transport efficiency and accessibility to ensure a high quality of life for its residents.

Frequently Asked Questions About 305 Failla Rd

What is the listing price of this property?

The listing price of 305 Failla Rd property is $850,000.

What type of property is this?

The property 305 Failla Rd is a house located in Lafayette, Louisiana, 70508.

Is this property for sale now?

Active Listing: 305 Failla Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,397 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 305 Failla Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 305 Failla Rd is 4,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 Failla Rd is 1905.

Rocket Homes›Louisiana›Lafayette County›Lafayette›70508›305 Failla Rd

This home is located at 305 Failla Rd in Lafayette, LA and zip code 70508. This 4,100 square foot home, which was built in 1905, sits on a 1.75 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $850,000.

While more than 12 listings in Lafayette, LA in November 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 68 were sold below. The number of homes for sale in Lafayette, LA decreased by 3.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 61 days, the median list price was $234,868.

From Rocket Homes Real Estate and based on county public records data.

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