3503 W Congress St Lafayette, LA 70506
Mimosa Place NeighborhoodEstimated payment $600/month
Total Views
29,915
3
Beds
1
Bath
989
Sq Ft
$91
Price per Sq Ft
Highlights
- Traditional Architecture
- Wood Flooring
- Level Lot
- Woodvale Elementary School Rated A-
- Window Unit Cooling System
- Wood Siding
About This Home
This 3-bedroom, 1-bath home is tenant-occupied and generating $895/month in rental income--perfect for investors looking to add a cash-flowing property to their portfolio. Located on Congress St. directly across from Lafayette High, this property offers unbeatable visibility and long-term upside. The spacious backyard provides room for future expansion or added amenities, while the central location ensures consistent tenant demand. Whether you hold as-is or make improvements over time, this is a solid investment in the heart of Lafayette.
Home Details
Home Type
- Single Family
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 60 x 100
- Level Lot
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 989 Sq Ft Home
- 1-Story Property
- Formica Countertops
Flooring
- Wood
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- 1 Carport Space
- Open Parking
Schools
- S.J. Montgomery Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Window Unit Cooling System
- Heating Available
Community Details
- Mimosa Place Subdivision
Listing and Financial Details
- Tax Lot 33
Map
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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 | $1,534 | $7,547 | $1,500 | $6,047 |
| 2023 | $1,534 | $7,260 | $1,500 | $5,760 |
| 2022 | $760 | $7,260 | $1,500 | $5,760 |
| 2021 | $762 | $7,260 | $1,500 | $5,760 |
| 2020 | $760 | $7,260 | $1,500 | $5,760 |
| 2019 | $598 | $7,260 | $1,500 | $5,760 |
| 2018 | $741 | $7,260 | $1,500 | $5,760 |
| 2017 | $740 | $7,260 | $1,500 | $5,760 |
| 2015 | $739 | $7,260 | $1,500 | $5,760 |
| 2013 | -- | $7,260 | $1,500 | $5,760 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $89,900 | -10.0% | $91 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $99,900 | 0.0% | $101 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $99,900 | -9.1% | $101 / Sq Ft |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $109,900 | -- | $111 / Sq Ft |
Source: REALTOR® Association of Acadiana
About the Listing Agent
Real estate—but done differently. With nearly 15 years of experience and hundreds of transactions under her belt, Teresa Rainey helps buyers, sellers, and investors navigate real estate with clarity, strategy, and zero fluff. She’s known for telling the truth (even when it’s inconvenient), thinking outside the box, and finding creative solutions that actually work in today’s market.
Teresa specializes in residential sales, investment properties, renovations, and short-term rentals,
Teresa's Other Listings
Source: REALTOR® Association of Acadiana
MLS Number: 25000402
APN: 6029937
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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