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201 Alex St, Lafayette, LA, 70506

4beds
2baths
1,554sqft
$119,900
$77price/sqft
$934/moest. monthly cost
$37,360/yrincome needed

About This Home

Cute cottage with a rear garage apartment in a quiet neighborhood, convenient location to Ambassador Caffery, Congress St, Cajun Field complex. This 2 bedroom, 1 bath home has a large eat-in kitchen that features a range oven and refrigerator and a small pantry. there are 3 heat/cool window units and a large wall heater. There is carpet in the living room, vinyl in the kitchen and bathroom, and wood floors in the bedrooms. The home and the apartment are both leased: the home is $800 and the garage apartment for $450. DO NOT DISTURB THE TENANTS. Write your offer, include the clause, ''Subject to visual inspection..'' When the offer becomes a contract, schedule your inspections. When you see the interior, if you are not satisfied, cancel the contract. But you will be satisfied, because this property is a great opportunity.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

5/10
Scott Middle SchoolGrades 6-82.1 mi
6/10
Acadiana High SchoolGrades 9-122.7 mi

Construction

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Vinyl,Wood

Heating & Cooling

  • Heating features: Electric,Wall Furnace
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 1,554
  • Total interior livable area: 1,554 sqft

Property

Details

  • Parcel number: 6052316
  • Other equipment: Individual Meter

Features

  • Patio & porch: Porch,Unit 1 Porch/Patio/Deck
  • Exterior features: Lighting
  • Fencing: Partial

Lot

  • Lot size: 8,398 sqft
  • Features: Level
  • Lot size dimensions: 70' x 120'

Parking

  • Total spaces: 5
  • Parking features: Parking Garage
  • Has garage: 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
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Inland Flooding
Heat Wave
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 $606$7,272
Home Insurance *$125$1,500
Property Taxes $56$672
Electricity $147$1,773
Total$934$11,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,022/yr
40% on housing$28,020/yr
45% on housing$24,906/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

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 70506$115
Lafayette Parish$157

vs Homes Sold Last Month

Median $/sqft

ZIP 70506$143
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)

No zestimate history available

Price History

DateEventPrice
2025-12-12Listed for sale$119,900
2025-11-22Listing removed$119,900
2024-12-30Listed for sale$119,900
2024-12-16Pending sale$119,900
2024-11-22Listed for sale$119,900

For Sale by Agent

AgentJay Smith
BrokerageGateway Realty, Inc.

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