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🏠 OFF-MARKET DEAL – Houma, LA Investment Opportunity!

3 Beds / 2 Baths • 2,292 SqFt
Available
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1980
  • 2292
  • Attached Garage

Description

📍 1303 Afton St, Houma, LA 70363

💰 Price: $130,000

🛠️ Condition: Needs cosmetic updates & minor rehab

✨ Light work needed – perfect for a quick flip or buy-and-hold!


✅ Why This Deal Makes Sense:

  • Located in a quiet, established neighborhood
  • AS-IS comps show strong resale potential
  • Great margins for investors with light rehab crews

📊 Comparable Sales – AS-IS Condition:

📍 310 Merrill Dr – 3bd/1.5ba, 1347 sqft – Sold for $150K (May 1, 2025)

📍 109 Jean Ellen Ave – 3bd/1ba, 1212 sqft – Sold for $150K (Jan 29, 2025)

📍 135 Evelyn Ave – 3bd/1.5ba, 1450 sqft – Sold for $160K


🔧 With just cosmetic updates and minor repairs, 1303 Afton St can match or beat these comps — leaving you with a solid equity play or rental opportunity.

Estimated Spread

  • ARV $200,000
  • Price $130,000
  • Spread $70,000

Derrick Chapman

Phone (770) 343-4321
Email derrick@oiphomes.com
Make an Offer
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