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Explore Similar Townhomes Within 10 Miles of Lakeshore, LA

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    $160,000

    • 2 Beds
    • 1 Bath

    112 Willow Branch Dr, West Monroe, LA 71291

    Investment property- fully furnished and long term lease in place . Cap rate - 9.81% Cash flow annually - $3323.53 Cash on cash 9.03% Current rent 2k per month. No showings without contract.

    Keith Fortenberry BetterHomes&GardensVeranda

    112 Willow Branch Dr, West Monroe, LA 71291

Why Live in Lakeshore

Lakeshore, a small neighborhood in Monroe, is situated between Bayou DeSiard and Monroe Regional Airport. This quiet area, characterized by older homes, is seeing a shift as investors renovate properties, enhancing their value. The neighborhood's layout resembles a fish, with single-family ranch-style homes from the 1950s being predominant. These homes, often updated inside, range in price from $140,000 to $250,000. The area is transitioning, with more rental properties and condominiums, priced between $150,000 and $180,000, becoming available. While Lakeshore lacks city parks, many homes along the bayou have private boat slips for fishing and kayaking, with some residents venturing to Black Bayou Lake National Wildlife Refuge. Recreational activities are also available at Lakeshore Elementary's playground and sports fields, and the Louise Williams Branch Library offers programs for children and teens. Traffic can be slow on major roads like DeSiard Street, which splits into U.S. State Route 80 and Old Bastrop Road. Monroe Transit buses serve the area, stopping near DeSiard Plaza Drive. Local businesses thrive along major roads, with Brookshire's supermarket and Mac's Fresh Market providing grocery options. Eateries like Ray's PEGE and Shiver Shack Snowballs & Sweets are popular landmarks. Lakeshore Baptist Church is a community hub, especially for students. The annual Red, White and Blue Airshow at Monroe Regional Airport is a notable event. Lakeshore students attend Ouachita Parish Public Schools, which have high ratings.

Home Trends in Lakeshore, LA

Housing Trends

Median Sale Price
$169,000
Median Single Family Sale Price
$170,000
Median 2 Bedroom Sale Price
$169,900
Average Price Per Sq Ft
$80
Number of Homes for Sale
13
Last 12 months Home Sales
20
Months of Supply
7.80
Median List Price
$179,900
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
9%
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