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113 Texas St, Lafayette, LA, 70501

2beds
2baths
1,101sqft
$110,000
$100price/sqft
$920/moest. monthly cost
$36,800/yrincome needed

About This Home

Turnkey investment property with long-term tenants and optional built-in management services if needed, but not required. This 2-bed, 2-bath home is bringing in $1,095 per month and $13,140 per year in rental income. The home has been very well maintained and would make a great addition to your rental portfolio and future residual income plan. Full financials including lease copies, insurance cost estimates, property taxes, and expenses are available by request. This home is part of a large portfolio of investment rental properties that are currently listed for sale; more homes will be coming available soon. Properties can be purchased individually or as a package. Please reach out for further details about this property and others that may be available.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

5/10
5/10
Northside High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1950

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Washer,Electric Stove Con
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • Bookcases,Built-in Features,Crown Molding,Double Vanity,Standalone Tub,Formica Counters,Solid Surface Counters
  • Window features: Wood Frames
  • Flooring: Tile,Wood
  • Fireplace features: Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,101 sqft

Property

Details

  • Parcel number: 6059268
  • Zoning: Residential

Features

  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Lighting
  • Fencing: Full,Privacy,Wood

Lot

  • Lot size: 6,098 sqft
  • Features: 0 to 0.5 Acres,Corner Lot
  • Lot size dimensions: 55 x 120

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm

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 $556$6,672
Home Insurance *$165$1,980
Property Taxes $52$624
Electricity $147$1,773
Total$920$11,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,542/yr
40% on housing$27,600/yr
45% on housing$24,533/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: 6.2%
6.2%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 70501$61
Lafayette Parish$157

vs Homes Sold Last Month

Median $/sqft

ZIP 70501$125
Lafayette Parish$149

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)

Price History

DateEventPrice
2026-07-28Listed for sale$110,000
2026-04-24Listing removed$119,500
2025-12-14Price change$119,500
2025-10-17Listed for sale$125,000
2022-03-26Listing removed--
2022-03-17Listed for rent$1,225
2022-03-08Sold--
2022-01-19Pending sale$117,500
2022-01-17Listed for sale$117,500
2014-01-09Sold--

For Sale by Agent

AgentJamie Knight
BrokerageReal Broker, LLC

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