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107 Murrel St, Abbeville, LA, 70510

3beds
1baths
1,008sqft
$90,000
$89price/sqft
$798/moest. monthly cost
$31,920/yrincome needed

About This Home

Great investment opportunity in Abbeville! This 3 bedroom, 1 bathroom home offers approximately 1,008 sq ft of living space and is currently tenant-occupied with rental income of $900 per month.Conveniently located near grocery stores, city parks, and local amenities, this property provides strong appeal for tenants seeking accessibility and convenience. The functional layout and established rental history make it an excellent option for investors looking to expand their portfolio with immediate cash flow.Whether you're a seasoned investor or just getting started, this income-producing property offers solid potential in a desirable location.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

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

Construction

Condition

  • Property condition: Resale

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Stove Con

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Built-in Features,Crown Molding,Dual Closets,Formica Counters
  • Window features: Wood Frames
  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,008 sqft

Property

Details

  • Parcel number: Ra081650

Features

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

Lot

  • Lot size: 4,356 sqft
  • Features: 0 to 0.5 Acres,Level
  • Lot size dimensions: 46' x 73' (Appro x imate)

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
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Cold Wave
Heat Wave
Ice Storm
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 $455$5,460
Home Insurance *$172$2,064
Property Taxes $24$288
Electricity $147$1,773
Total$798$9,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,360/yr
40% on housing$23,940/yr
45% on housing$21,280/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

$89This listing

vs Other Active Listings

Avg $/sqft

ZIP 70510$89
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)

Price History

DateEventPrice
2026-05-01Listed for sale$90,000
2025-03-13Listing removed$100,000
2025-02-06Listed for sale$100,000
2024-08-01Listing removed$180,000
2024-03-21Price change$65,000
2024-03-18Listed for sale$180,000
2024-02-26Listing removed--
2024-01-12Listed for rent$900
2022-11-18Sold--
2022-10-24Pending sale$59,000
2022-10-12Listed for sale$59,000

For Sale by Agent

AgentCody Meaux
BrokerageReal Broker, LLC

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