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407 N Frederick Ave, Kaplan, LA, 70548

2beds
1baths
697sqft
$49,000
$70price/sqft
$495/moest. monthly cost
$19,800/yrincome needed

About This Home

Cozy cottage in the heart of Kaplan. This move in ready home has had some updates over the past four years and is ready for its new owners. Improvements include new roof, new windows units, and new hot water heater. Currently being used as an investment property, this home is generating $675 a month. Lease for this particular tenant expires 6-20-26 then goes month to month. Not interesting in buying investment homes, that's ok! This adorable home also qualifies for owner occupied loans! Please do not disturb tenants. Home can be viewed during buyer's due diligence period. Reach out for more information.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

6/10
6/10
Kaplan High SchoolGrades 9-120.6 mi
8/10
Kaplan Elementary SchoolGrades PK-41.2 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

Bedrooms & Bathrooms

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

Features

  • Formica Counters
  • Window features: Wood Frames
  • Flooring: Wood Laminate

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 697 sqft

Property

Details

  • Parcel number: Rk181300
  • Zoning: Residential

Features

  • Stories: 1

Lot

  • Features: 0 to 0.5 Acres
  • Lot size dimensions: as per plat

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Heat Wave
Inland Flooding
Coastal Flooding
Drought
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 $247$2,964
Home Insurance *$88$1,056
Property Taxes $13$156
Electricity $147$1,773
Total$495$5,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,971/yr
40% on housing$14,850/yr
45% on housing$13,200/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

$70This listing

vs Other Active Listings

Avg $/sqft

ZIP 70548$85
Vermilion Parish$106

vs Homes Sold Last Month

Median $/sqft

ZIP 70548$84
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)

No zestimate history available

Price History

DateEventPrice
2026-06-04Price change$49,000
2026-05-01Listed for sale$55,000

For Sale by Agent

AgentMandy Menard Lavergne
BrokerageRE/MAX Acadiana

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