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502 James Ave, Farmerville, LA, 71241

2beds
1baths
825sqft
$115,000
$139price/sqft
$848/moest. monthly cost
$33,920/yrincome needed

About This Home

Completely renovated and move-in ready! This charming 2-bedroom, 1-bath home in Farmerville offers modern updates while maintaining its cozy appeal. Recent upgrades include updated plumbing, beautiful granite countertops, and numerous improvements throughout the home. Whether you’re a first-time homebuyer, looking to downsize, or searching for a great investment property, this home is a fantastic opportunity. Conveniently located near local shopping, schools, and restaurants. Schedule your private showing today!

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
4/10
Union Parish High SchoolGrades 6-120.8 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Site Build,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Electric Water Heater

Bedroom

  • Level: First
  • Area: 104.5

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Other
  • Window features: Single Pane,Some Stay
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Wall/Window Unit(s),Electric

Interior Area

  • Total structure area: 1,155
  • Total interior livable area: 825 sqft

Kitchen

  • Level: First
  • Area: 105.6

Living Room

  • Level: First
  • Area: 123.5

Master Bedroom

  • Level: First
  • Area: 130.9

Property

Details

  • Parcel number: 2730110009
  • Zoning: RES
  • Zoning description: RES

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch Open,Porch Covered,Covered Patio
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 0.30 Acres
  • Features: Cleared

Parking

  • Total spaces: 1
  • Parking features: Hard Surface Drv.
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: 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

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Heat Wave
Tornado
Hail
Inland Flooding
Lightning

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 $581$6,972
Home Insurance *$90$1,080
Property Taxes $30$360
Electricity $147$1,773
Total$848$10,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,074/yr
40% on housing$25,440/yr
45% on housing$22,613/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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 6.9%
6.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 71241$146
Union Parish$135

vs Homes Sold Last Month

Median $/sqft

ZIP 71241$124
Union Parish$107

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
2026-07-13Listed for sale$115,000
2023-11-27Listing removed--
2023-10-09Listed for sale$99,999
2021-06-29Listing removed--
2021-05-28Pending sale$84,900
2021-05-24Listed for sale$84,900

For Sale by Agent

AgentHannah Palmer
BrokerageColdwell Banker Group One Realty

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