1 month on rocket

403 S Buchanan St Unit 5, Lafayette, LA, 70501

$165,000

Home List Price

$1,959*

Closing Credit

1 Bedroom
1 Full Bath
550 SqFt
$300/SqFt
Townhouse

Location

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403 S Buchanan St Unit 5, Lafayette$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOpen, Assigned
HeatingCentral
CoolingCentral Air
MLS #24008937
StatusActive

About 403 S Buchanan St Unit 5

Welcome to Downtown Lafayette living at it's finest! This chic studio condo nestled in the heart of the vibrant festival centric area offers a unique living experience that blends urban excitement with contemporary comfort. An active AIRBNB that has in excess of 111 bookings year to date can serve as your hideaway or your investment property. Located within walking distance to the pulse of Lafayette's cultural scene, this condo boasts convenience and style. The open layout maximizes space efficiency while providing flexibility for various furniture arrangements. Residents of this chic condo enjoy access to a range of amenities, including secure entry, on site laundry facilities and assigned parking. Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Stories: 2
  • Living Area: 550 SqFt

Listing Office:

  • Office Name: PAR Realty, LLP
  • Office Phone: (337) 981-9881
  • Listing Agent: Peggy Richard

Interior Features

Interior Information:

  • Interior: All Window Treatments, 9+ Ft Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Open, Assigned

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Jefferson to Left on Garfield to Left on S Buchanan

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $300/SqFt
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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

403 S Buchanan St Unit 5 vs Lafayette

54 DAYS ON ROCKET

+1 Day

$165,000

-$69.2K Less

$300/SqFt

+$159 More

KEY TAKEAWAY

This property is $69.2K less than the Median Sold Price and $159/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: #24008937

Listing Office:

  • Office Name: PAR Realty, LLP
  • Office Phone: (337) 981-9881
  • Listing Agent: Peggy Richard

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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NMLS#3030

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-609330
10
/10

  • Myrtle Place Elementary School

  • 1100 Myrtle Pl

  • 0.78 miles

  • Public District Grades PK-5

school-card-donut-609331
3
/10

  • Alice N. Boucher Elementary School

  • 400 Patterson St

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-609332
4
/10

  • J.W. Faulk Elementary School

  • 711 E Willow St

  • 1.74 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 $32,717. Most Lafayette, LA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area 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.

Types of housing 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.

What is it like to live in Lafayette, LA?

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.

Is it easy to get around Lafayette, LA without a car?

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.

Transportation in Lafayette, LA.

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 403 S Buchanan St Unit 5

What is the listing price of this property?

The listing price of 403 S Buchanan St Unit 5 property is $165,000.

What type of property is this?

The property 403 S Buchanan St Unit 5 is a townhouse located in Lafayette, Louisiana, 70501.

Is this property for sale now?

Active Listing: 403 S Buchanan St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 403 S Buchanan St Unit 5 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 403 S Buchanan St Unit 5 is 550 SqFt (source: MLS/tax record).

Rocket Homes›Louisiana›Lafayette County›Lafayette›70501›403 S Buchanan St Unit 5

This home is located at 403 S Buchanan St Unit 5 in Lafayette, LA and zip code 70501. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $165,000.

Lafayette, LA housing market in October 2024 saw over 11 listings sold above listed price, more than 49 sold at listed price and over 78 sold below. The inventory of homes for sale in Lafayette, LA between September 2024 and October 2024 increased by 3.6%. While the average time on the market in October 2024 was 53 days, the median list price was $234,222.

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

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