16 days on rocket

305 Thelma Dr, Lafayette, LA, 70506

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
30,680 SqFt
$41/SqFt
Multi

Location

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305 Thelma Dr, Lafayette$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingCarport, Units Vary, Covered, Attached
Attached GarageYes
HeatingNatural Gas, Central, Electric
CoolingWindow Unit(s), Central Air, Ceiling Fan(s)
MLS #24010191
StatusActive

About 305 Thelma Dr

Seize this unique opportunity to expand or start your investment portfolio with a package of 14 income-producing properties spread across Lafayette, Sunset, and Opelousas, generating $13,465 per month in rental income. Many of the homes have been updated and refreshed, offering added appeal and minimal initial upkeep. With most properties conveniently located near each other in each area, this package is ideal for efficient management and increased ROI. Perfect for investors looking to scale before year-end, the seller is open to package or individual sales. All properties are tenant-occupied; offers must include proof of funds and require a 48-hour notice for showings.

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 30,680 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (337) 534-0555
  • Listing Agent: Teresa W Rainey

Interior Features

Interior Information:

  • Appliances: Electric Range, Washer, Microwave, Refrigerator, Dryer, Dishwasher

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Porch

Parking Information:

  • Attached Garage: Yes
  • Parking: Carport, Units Vary, Covered, Attached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Central, Electric
  • Cooling: Window Unit(s), Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Directions vary.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $41/SqFt

Tax Information:

  • Annual Amount: $728
  • 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

$234.2K

Med. Price/SqFt

$140

Avg. Days On Market

53

# of Sold Homes

138

305 Thelma Dr vs Lafayette

16 DAYS ON ROCKET

-37 Days

$1,250,000

+$1.0M More

$41/SqFt

-$100 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $100/SqFt less 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: #24010191

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (337) 534-0555
  • Listing Agent: Teresa W Rainey

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: 11/17/2024, 8:20:54 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$728$6,960
2019$728$6,960
2018$698$6,960
2017$709$6,960

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-535078
7
/10

  • J. Wallace James Elementary School

  • 1500 W Willow St

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-535079
10
/10

  • Myrtle Place Elementary School

  • 1100 Myrtle Pl

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-535080
5
/10

  • S.J. Montgomery Elementary School

  • 600 Foreman Dr

  • 1.38 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 $16,667. The majority of Lafayette, LA residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

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.

Rocket Homes›Louisiana›Lafayette County›Lafayette›70506›305 Thelma Dr

This home is located at 305 Thelma Dr in Lafayette, LA and zip code 70506. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $1,250,000.

In October 2024, from all listings sold in Lafayette, LA there were more than 11 sold above asking price, over 78 sold below and more than 49 were sold right at the asked price. In October 2024 in Lafayette, LA there were 3.6% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $234,222, while the average time on the real estate market was 53 days.

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

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