$1,207,999
$92K PRICE DROP

204 Bastrop Dr Monroe, LA 71203

Estimated payment $6,482/month

Total Views 2,880
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Burning Stove
  • Brick Veneer
  • Ceiling Fan
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

Investment opportunity! Turnkey rental portfolio consisting of 8 well-maintained homes located throughout the Monroe community. This established portfolio currently generates approximately $105,600 in gross annual rents and is 88% occupied. Each property has been carefully maintained, offering stable returns and long-term growth potential. Whether you’re a seasoned investor or expanding your portfolio, this package delivers immediate cash flow and proven performance. Contact your favorite REALTOR® today for more details or to schedule a showing.

Listing Agent

Andrea Brown

French Realty, LLC License #995710935 Listed on: 10/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Home Design

  • Brick Veneer
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Stove
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Range

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • Multiple Props Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: House
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Parish: OUACHITA
  • Water Companies: Greater Ouachita
  • Geo Longitude: -92.071549
  • Mls Number: 216801
  • Subdivision: MULTIPLE PROPS
  • System ID: 216801
  • Occupied Percent: 88
  • Vacant Percent: 12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: Wood Stove
  • Laundry: Private

Exterior Features

  • Exterior: Brick Veneer, Vinyl Siding
  • Exterior Amenities: Hard Surface Drive
  • Foundation: Slab
  • Porch Patio: Covered Patio
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air
  • Gas: Natural Gas
  • Heating: Central
  • Sewer: Public
  • Water: Public
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Lot Size: Multiple
  • Parcel Number: Multiple
  • Zoning: Res

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
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

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 $1,754 $12,421 $1,100 $11,321
2023 $1,754 $9,735 $1,100 $8,635
2022 $1,352 $9,735 $1,100 $8,635
2021 $1,363 $9,765 $1,100 $8,665
2020 $1,363 $9,765 $1,100 $8,665
2019 $1,228 $8,792 $1,100 $7,692
2018 $1,154 $8,792 $1,100 $7,692
2017 $1,182 $8,792 $1,100 $7,692
2016 $1,153 $8,792 $1,100 $7,692
2015 $1,147 $8,792 $1,100 $7,692
2014 $1,147 $8,792 $1,100 $7,692
2013 $1,144 $8,792 $1,100 $7,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2025 12/06/25 Price Changed $1,207,999 +6.0% --
12/02/2025 12/02/25 Price Changed $1,140,000 +506.4% --
10/31/2025 10/31/25 Price Changed $188,000 -0.5% $82 / Sq Ft
10/23/2025 10/23/25 Price Changed $189,000 -3.1% $82 / Sq Ft
10/19/2025 10/19/25 For Sale $195,000 -85.0% $85 / Sq Ft
10/15/2025 10/15/25 For Sale $1,300,000 -- --
Source: Northeast REALTORS® of Louisiana

Source: Northeast REALTORS® of Louisiana

MLS Number: 216801

Northeast REALTORS® of Louisiana

APN: 6215