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114 Aaron Dr APT F, Lafayette, LA, 70508

2beds
2baths
1,171sqft
$149,500
$128price/sqft
$1,116/moest. monthly cost
$44,640/yrincome needed

About This Home

Located just off Chemin Metairie Parkway and Verot School Road in the heart of South Lafayette, this low-maintenance townhouse offers an excellent opportunity for a homeowner or investor alike! Situated in Flood Zone X, no flood insurance is required, and with no HOA fees plus ample parking available, affordability and convenience come together perfectly.The interior features real wood flooring throughout the living and dining areas along with a wood-burning fireplace that serves as the focal point of the spacious main living area. A wall-length custom wooden entertainment center will remain, along with all kitchen appliances including the refrigerator, dishwasher, and microwave. The HVAC system is less than 5 years old, and the roof is less than 1 year old, offering peace of mind for years to come.Upstairs, you'll find two oversized bedrooms, both complete with walk-in closets, along with a full bathroom. A convenient half bath is located downstairs for guests. Step outside to enjoy the private fenced rear patio area -- ideal for relaxing or entertaining with very little upkeep required.Located in the desirable Ernest Gallet Elementary School school district and just minutes from shopping, restaurants, and major Lafayette conveniences, this property also offers strong investment potential with possible rental income of approximately $1,450 per month. Whether you are looking for your next home or an income-producing property, this one checks all the boxes! With an acceptable offer, Seller is offering to give $3000 at closing as an allowance toward new paint or carpet.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

8/10
8/10
Broussard Middle SchoolGrades 6-83.1 mi
6/10
O. Comeaux High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Resale

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick Veneer,Vinyl Siding,Brick,Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Bookcases,Solid Surface Counters
  • Window features: Window Treatments
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: 1 Fireplace,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,171 sqft

Property

Details

  • Parcel number: 6041222
  • Zoning: Residential

Features

  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Lighting
  • Fencing: Privacy,Wood

Lot

  • Lot size: 4,356 sqft
  • Features: 0 to 0.5 Acres
  • Lot size dimensions: 16 x 80

Parking

  • Parking features: Assigned,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

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning
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 $755$9,060
Home Insurance *$143$1,716
Property Taxes $71$852
Electricity $147$1,773
Total$1,116$13,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,262/yr
40% on housing$33,480/yr
45% on housing$29,760/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

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 70508$225
Lafayette Parish$157

vs Homes Sold Last Month

Median $/sqft

ZIP 70508$161
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
2026-08-14Price change$146,500
2026-07-21Price change$149,500
2026-06-22Listed for sale$150,000
2021-03-24Listing removed--
2017-01-11Listing removed$1,100
2016-01-04Listing removed$1,000
2015-12-23Listed for rent$1,000

For Sale by Agent

AgentMolli Rodriguez
BrokerageEXP Realty, LLC

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