
118 Webb St Lafayette, LA 70501
Larabee NeighborhoodEstimated payment $395/month
Highlights
- Traditional Architecture
- 1 Car Attached Garage
- Level Lot
- Wood Flooring
- Window Unit Cooling System
- Heating Available
About This Home
Charming 2-bedroom, 1-bath home offers the perfect blend of convenience, value, and potential. Situated just minutes from major highway access, this recently updated property is an ideal turnkey investment for seasoned and new investors alike.Great layout that includes a spacious living area, two comfortable bedrooms, and a functional kitchen. Fresh paint, wood flooring, and recent improvements throughout make this home move-in ready with minimal maintenance required. Whether you're looking to build wealth through long-term rentals or capitalize on the area's growing demand for affordable housing, this property checks all the boxes.Rental comps in the area range from $850-$900/month, offering solid cash flow potential. With strong tenant demand and a central location near shopping, dining, and transit routes, this home is perfectly positioned for consistent occupancy and low vacancy risk.Owner\Agent
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $480
Year Built
- Built in 1967
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 130
- Chain Link Fence
- Level Lot
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Aluminum Window Frames
- Formica Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Attached Garage
- 1 Carport Space
Outdoor Features
- Exterior Lighting
Schools
- J W Faulk Elementary School
- Paul Breaux Middle School
- Northside High School
Utilities
- Window Unit Cooling System
- Heating Available
Community Details
- Golf Course Add Subdivision
Listing and Financial Details
- Tax Lot 1-2
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2024 | $480 | $4,565 | $1,200 | $3,365 |
2023 | $480 | $4,260 | $1,200 | $3,060 |
2022 | $446 | $4,260 | $1,200 | $3,060 |
2021 | $447 | $4,260 | $1,200 | $3,060 |
2020 | $446 | $4,260 | $1,200 | $3,060 |
2019 | $351 | $4,260 | $1,200 | $3,060 |
2018 | $435 | $4,260 | $1,200 | $3,060 |
2017 | $434 | $4,260 | $1,200 | $3,060 |
2015 | $434 | $4,260 | $1,200 | $3,060 |
2013 | -- | $4,260 | $1,200 | $3,060 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/12/2025 05/12/25 | Price Changed | $63,500 | -6.6% | $64 / Sq Ft |
04/25/2025 04/25/25 | For Sale | $68,000 | +77.8% | $68 / Sq Ft |
12/08/2016 12/08/16 | Sold | -- | -- | -- |
12/01/2016 12/01/16 | Pending | -- | -- | -- |
11/22/2016 11/22/16 | For Sale | $38,250 | -- | $38 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Cash Sale Deed | $63,000 | None Available | |
Cash Sale Deed | $133,000 | None Available |
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Source: REALTOR® Association of Acadiana
MLS Number: 2020023223

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