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1408 Thomas St, Franklin, LA, 70538

3beds
2baths
1,798sqft
$90,000
$50price/sqft
$842/moest. monthly cost
$33,680/yrincome needed

About This Home

Delightful cottage-style home nestled in the heart of Franklin. This inviting residence would be perfect for first time homeowner /investor who wants to add to rental portfolio or someone wanting to downsize to a one story home. Living square footage is 1,798- 3 bedrooms, 2 full baths, formal living area as well as dining room and a large den with fireplace. Warmth and character throughout with original solid wood doors and wood flooring. Kitchen offers gas stove, and refrigerator-there is a washer and dryer to remain as well. The home is equipped with a metal roof-offering durability and peace of mind for years to come. There is central heating and cooling with service records as well as new gas water heater. Lots of options with lots of solid real wood construction! This home has been through many hurricanes and it's obvious that the reason it's still standing strong today- is the construction!! This home is move in ready with complete appliance package to remain. Home is under a termite bond with annual renewal. Close proximity to HWY 90 access.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

6/10
5/10
5/10

Construction

Condition

  • Property condition: Resale

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Stove Con

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Formica Counters,Solid Surface Counters
  • Door features: Storm Door(s)
  • Window features: Wood Frames
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,798 sqft

Property

Details

  • Parcel number: 2234721025; 2234721542; 2234721543

Features

  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Partial,Wood

Lot

  • Lot size: 8,276 sqft
  • Features: 0 to 0.5 Acres,Level
  • Lot size dimensions: 55 x 148.58

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Tornado
Drought
Heat Wave
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
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 $455$5,460
Home Insurance *$212$2,544
Property Taxes $28$336
Electricity $147$1,773
Total$842$10,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,868/yr
40% on housing$25,260/yr
45% on housing$22,453/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: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$50This listing

vs Other Active Listings

Avg $/sqft

ZIP 70538$113
St. Mary Parish$95

vs Homes Sold Last Month

Median $/sqft

ZIP 70538$80
St. Mary Parish$87

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
2026-04-12Price change$97,000
2026-04-10Listed for sale$100,000
2026-03-31Pending sale$100,000
2025-11-11Listed for sale$100,000
2025-10-30Pending sale$100,000
2025-09-19Listed for sale$100,000
2025-09-15Pending sale$100,000
2025-09-11Listed for sale$100,000
2025-08-14Pending sale$100,000
2025-07-25Price change$100,000
2025-01-07Price change$115,000
2024-09-03Listed for sale$120,000

For Sale by Agent

AgentMolli Rodriguez
BrokerageEXP Realty, LLC

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