$89,900
$20K PRICE DROP

3503 W Congress St Lafayette, LA 70506

Mimosa Place Neighborhood

Estimated payment $607/month

Total Views 22,847
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.

Listing Agent

Teresa Pastor

Real Broker, LLC License #0995691537 Listed on: 01/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.14
  • Lot Size: 60 x 100
  • Road Frontage Type: City Street, Paved
  • Subdivision Name: Mimosa Place
  • Directions: On W Congress Street between Mimosa Place and Emerite Drive. Heading north, the home will be on your right.
  • Architectural Style: Ranch, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank, Wood
  • Interior Amenities: Formica Counters
  • Living Area: 989

Exterior Features

  • Lot Features: 0 to 0.5 Acres, Level
  • Pool Private: No
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport, Open
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Elec: City
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Gas Company: Gas: Atmos

Schools

  • Elementary School: S.J. Montgomery
  • Junior High Dist: Lafayette Parish
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 6098.4

Tax Info

  • Tax Lot: 33

Map

Range of Values:

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Average Value
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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 $1,534 $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 Change Sq Ft Price
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

Source: REALTOR® Association of Acadiana

MLS Number: 25000402

REALTOR® Association of Acadiana

APN: 6029937

Louisiana Lafayette Parish Lafayette 70506 Mimosa Place

3503 W Congress St, Lafayette, LA

This home is located at 3503 W Congress St, Lafayette, LA 70506 and is currently priced at $89,900, approximately $90 per square foot. 3503 W Congress St is a home located in Lafayette Parish with nearby schools including Woodvale Elementary School, Lafayette Middle School, and Lafayette High School.

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.

REALTOR® Association of Acadiana 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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Teresa Pastor
Listing Agent
Teresa Pastor
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Real Broker, LLC
(337) 469-4734