$157,000

Estimated payment $926/month

Total Views 17,906
3 Beds
1 Bath
1,200 Sq Ft
$131 Price per Sq Ft

Highlights

  • Very Popular Property
  • Shed
  • Ceiling Fan
  • Lexington Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

Turnkey investment opportunity available! This well-maintained and recently renovated 3 bedroom, 1 bathroom home offers approximately 1,200 heated square feet along with an additional shop/storage building located behind the property, adding both functionality and long-term value for investors and tenants alike. Currently tenant occupied with an active lease in place generating $1,695 per month and approximately 10 months remaining, this property provides immediate, stable cash flow from day one. Whether you are looking to expand your rental portfolio or secure a strong income-producing property, this home checks all the boxes for a solid residential investment. Under the current ownership, the property has undergone numerous updates and improvements designed to enhance both appearance and functionality. The remodeled kitchen features updated appliances, expanded counter space, additional cabinetry, and an improved layout with the washer and dryer area relocated out of the kitchen to maximize usability and flow. Additional improvements include plumbing upgrades, roof maintenance and repairs, and extensive tree work completed around the property to improve curb appeal and overall upkeep. Situated on two city parcels, the oversized lot provides more yard space than many neighboring properties in the area, creating additional outdoor flexibility and future potential. The HVAC system is reported to be in good condition, and the additional shop/storage area offers even more versatility for storage, workspace, or future enhancements. With strong in-place rental income, meaningful property improvements already completed, and added value through lot size and bonus storage space, this property represents an outstanding opportunity for investors seeking immediate returns and long-term upside.

Listing Agent

Harrison Lilly

Harrison Lilly License #0995692997 Listed on: 05/26/2026

Co-Listing Agent

DJ Fortenberry

Harrison Lilly License #995703403

Home Details

Home Type

  • Single Family

Year Built

  • 1942

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector
  • Dishwasher

Utilities

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

Additional Features

  • Shed
  • 14,375 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 68758

Home Details

Home Type

Single Family

Year Built

1942

Lot Details

0.33 Acres

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: House
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Estimated Number of Acres: 0.33
  • Parish: OUACHITA
  • Water Companies: City
  • Year Built: 1942
  • Directions: From Monroe, take RT-390 S, then merge onto I-490 W and continue to I-90 W. Stay on I-90 W until I-271 S, then follow I-71 S and continue onto I-75/I-71 S and I-65 S. Keep going onto I-40 W, then I-55 S, and follow US-61 S. Continue through US-82/US-278,
  • Geo Longitude: -92.113689
  • Mls Number: 219521
  • Subdivision: OTHER
  • System ID: 219521
  • Occupied Percent: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Ceiling Fan(s), Smoke Detector

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Shed, Paved Street
  • Foundation: Slab
  • Roof: Asphalt Shingle

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 68758

Multi Family

  • Number Of Units: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $930 $8,409 $1,875 $6,534
2024 $930 $8,409 $1,875 $6,534
2023 $931 $8,384 $1,500 $6,884
2022 $895 $8,384 $1,500 $6,884
2021 $893 $8,458 $1,500 $6,958
2020 $800 $7,582 $1,500 $6,082
2019 $795 $7,582 $1,500 $6,082
2018 $797 $7,582 $1,500 $6,082
2017 $839 $7,508 $1,500 $6,008
2016 $725 $6,555 $1,336 $5,219
2015 $723 $6,555 $1,336 $5,219
2014 $723 $6,555 $1,336 $5,219
2013 $721 $6,555 $1,336 $5,219
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2026 05/26/26 For Sale $157,000 +9.8% $131 / Sq Ft
12/15/2025 12/15/25 Sold -- -- -- View Prior Sale
08/15/2025 08/15/25 For Sale $143,000 -- $119 / Sq Ft
Source: Northeast REALTORS® of Louisiana

About the Listing Agent

Harrison Lilly

Harrison Lilly

(318) 748-0616

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Harrison Lilly leads the #1 real estate sales team in Louisiana, four consecutive years and counting. The Harrison Lilly team is built on one standard: deliver a high level of service to every client and every agent, without exception.

Sellers get professional-grade production, strategic marketing plans, and proven sales results. The team focuses on strong digital exposure, strategic pricing, and skilled negotiation to help sellers attract serious buyers and protect their equity in

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Source: Northeast REALTORS® of Louisiana

MLS Number: 219521

Northeast REALTORS® of Louisiana

APN: 68758

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