601 S Bonner St Ruston, LA 71270
Estimated payment $875/month
Total Views
127
3
Beds
2
Baths
1,589
Sq Ft
$94
Price per Sq Ft
Highlights
- Popular Property
- Deck
- Corner Lot
- Glen View Elementary School Rated A
- Traditional Architecture
- 2-minute walk to Lincoln Parish Park
About This Home
Investor-ready 3-bedroom, 2-bath home on a corner lot near Downtown Ruston and Louisiana Tech. Features include hardwood floors, spacious living and dining areas, and a classic layout. Currently leased at $1,100/month through July 2026, offering consistent income. At the $149,000 list price, this property delivers an estimated 8.4% cap rate based on a 20% expense ratio. There's also room for future rent increases to further improve returns. 24-hour notice required for all showings due to tenant occupancy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $624
Lot Details
- 1 Acre Lot
- Corner Lot
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 3 Bedrooms
- 1-Story Property
- Ceiling Fan
Kitchen
- Electric Oven
- Electric Cooktop
Outdoor Features
- Deck
- Covered patio or porch
- Rain Gutters
Location
- Mineral Rights
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Dabney Subdivision
Listing and Financial Details
- Assessor Parcel Number 2518324761A
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 | $624 | $7,309 | $600 | $6,709 |
| 2023 | $570 | $6,414 | $350 | $6,064 |
| 2022 | $573 | $6,414 | $350 | $6,064 |
| 2021 | $530 | $6,414 | $350 | $6,064 |
| 2020 | $528 | $6,348 | $400 | $5,948 |
| 2019 | $515 | $6,348 | $400 | $5,948 |
| 2018 | $501 | $6,348 | $400 | $5,948 |
| 2017 | $503 | $6,348 | $400 | $5,948 |
| 2016 | $501 | $0 | $0 | $0 |
| 2015 | $452 | $5,267 | $400 | $4,867 |
| 2013 | $459 | $5,267 | $400 | $4,867 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $149,000 | -- | $94 / Sq Ft |
Source: Northeast REALTORS® of Louisiana
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $58,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $74,111 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Ruston, LA
Source: Northeast REALTORS® of Louisiana
MLS Number: 215828
APN: 4433
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