$210,000

10480 Lee Settlement Rd Folsom, LA 70437

Folsom Area

Estimated payment $1,231/month

Total Views 4,010
4 Beds
2 Baths
2,052 Sq Ft
$102 Price per Sq Ft

Highlights

  • 5 Acre Lot
  • Living Room
  • Dining Room
  • Folsom Elementary School Rated 9+
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

MAY QUALIFY FOR 3.5% DOWN FHA LOAN! Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!

Listing Agent

Austin Marquette

Compass Mandeville License #995700863 Listed on: 05/14/2026

Compass Mandeville

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 2000

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 150 x 410 x 784 x 150 x 749 x 668

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Propane

Property Details

Home Type

Manufactured Home

Year Built

Built in 2000

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 5
  • Lot Size: 150 x 410 x 784 x 150 x 749 x 668
  • Directions: Hwy 25 north just after Folsom left on Hay Hollow. Left on Lee Settlement. Turn left on Cypress property on left. Bounding Streets: Hay Hallow
  • Architectural Style: Modular
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2000
  • List_136: 90.231996
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Dining Room, Living Room
  • Living Area: 2052

Exterior Features

  • Fencing: None
  • Lot Features: 3 to 5.99 Acres
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Propane

Condo/Co-op/Association

  • Community Features: Acreage

Lot Info

  • Lot Size Sq Ft: 217800

Tax Info

  • Tax Lot: 0

Map

Range of Values:

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Value Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $926 $7,470 $4,500 $2,970
2024 $926 $4,096 $1,126 $2,970
2023 $526 $4,127 $1,127 $3,000
2022 $0 $4,127 $1,127 $3,000
2021 $575 $4,127 $1,127 $3,000
2020 $576 $4,127 $1,127 $3,000
2019 $646 $4,501 $645 $3,856
2018 $646 $4,374 $518 $3,856
2017 $658 $4,374 $518 $3,856
2016 $661 $4,374 $518 $3,856
2015 $649 $4,226 $500 $3,726
2014 $644 $4,226 $500 $3,726
2013 $641 $4,226 $500 $3,726
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2026 05/14/26 For Sale $210,000 0.0% $102 / Sq Ft
09/24/2025 09/24/25 Rented $1,400 0.0% --
08/07/2025 08/07/25 For Rent $1,400 +16.7% --
03/07/2024 03/07/24 Rented $1,200 0.0% --
03/05/2024 03/05/24 Under Contract -- -- --
03/05/2024 03/05/24 For Rent $1,200 0.0% --
03/01/2024 03/01/24 Sold -- -- -- View Prior Sale
03/01/2024 03/01/24 For Sale $165,000 -- $80 / Sq Ft
Source: New Orleans Metropolitan Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $38,793 Geaux Title
Deed $165,000 Geaux Title
Source: Public Records

Source: New Orleans Metropolitan Association of REALTORS®

MLS Number: NO2558150

APN: 17041

Louisiana St Tammany Parish Folsom 70437

10480 Lee Settlement Rd, Folsom, LA

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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Listing Agent
Austin Marquette
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Compass Mandeville
(985) 275-4759
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