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508 Thomas St, Abbeville, LA, 70510

2beds
1baths
1,281sqft
$59,000
$46price/sqft
$573/moest. monthly cost
$22,920/yrincome needed

About This Home

Located right behind VC this oversized 2 bedroom and 1 bath home sprawls over 1200 sqft living! It offers covered parking, an oversized laundry room, and a massive list of improvements over the last four years. Such improvements include a new metal roof, window units, fresh paint, flooring, hot water heater, and brand new electrical panel! This unit currently rents for $850 a month! Investors, add this one to your portfolio. Please do not disturb tenants. Home can be viewed during buyer's due diligence period. Reach out for more information.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

--
5/10
2/10
Abbeville High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1980

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Acadian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Stove Con
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Formica Counters
  • Window features: Wood Frames
  • Flooring: Vinyl Tile,Wood Laminate

Heating & Cooling

  • Heating features: Other,Wall Furnace
  • Cooling features: Multi Units,Window Unit(s)

Interior Area

  • Total interior livable area: 1,281 sqft

Property

Details

  • Parcel number: Ra123450

Features

  • Stories: 1

Lot

  • Lot size: 7,840 sqft
  • Features: 0 to 0.5 Acres,Level
  • Lot size dimensions: .183 acre

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $298$3,576
Home Insurance *$112$1,344
Property Taxes $16$192
Electricity $147$1,773
Total$573$6,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,645/yr
40% on housing$17,190/yr
45% on housing$15,280/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 6.2%
6.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$46This listing

vs Other Active Listings

Avg $/sqft

ZIP 70510$90
Vermilion Parish$106

vs Homes Sold Last Month

Median $/sqft

ZIP 70510$99
Vermilion Parish$128

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$65,000

For Sale by Agent

AgentMandy Menard Lavergne
BrokerageRE/MAX Acadiana

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