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216 Martin Luther King Dr, Natchitoches, LA, 71457

3beds
2baths
1,442sqft
$80,000
$55price/sqft
$646/moest. monthly cost
$25,840/yrincome needed

About This Home

Investor Special – 3 Bedroom, 2 Bath Home on Large Lot Excellent opportunity for investors or renovators. This 3-bedroom, 2-bath home sits on a spacious lot with a large backyard, offering great potential for improvements or expansion. Situated on a spacious lot, the home features a sizable backyard for expansion, outdoor enhancements, or added amenities. The interior provides a functional layout and solid structure, ready for cosmetic and systems upgrades. Home is being sold strictly as-is with no repairs to be made. All offers are subject to approval by the presiding Judge.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1975

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedroom

  • Level: Lower
  • Dimensions: 9*5 x11

Bedroom

  • Level: Lower
  • Dimensions: 10 x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Lower
  • Dimensions: 11x11

Features

  • Fireplace features: None

Heating & Cooling

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

Interior Area

  • Total structure area: 1,442
  • Total interior livable area: 1,442 sqft

Kitchen

  • Level: Lower

Living Room

  • Level: Lower
  • Dimensions: 11x14

Master Bedroom

  • Level: Lower
  • Dimensions: 10x12

Property

Details

  • Parcel number: 0011550000
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.37 Acres
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 16107 sqft

Parking

  • Parking features: Driveway
  • 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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Strong Wind
Hail
Heat Wave
Ice Storm
Lightning
Tornado
Winter Weather
Hurricane
Inland Flooding

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 $404$4,848
Home Insurance *$69$828
Property Taxes $26$312
Electricity $147$1,773
Total$646$7,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,148/yr
40% on housing$19,380/yr
45% on housing$17,226/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: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -4.4%
-4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$55This listing

vs Other Active Listings

Avg $/sqft

ZIP 71457$124
Natchitoches Parish$127

vs Homes Sold Last Month

Median $/sqft

ZIP 71457$116
Natchitoches Parish$148

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
2026-04-14Price change$80,000
2025-03-12Listed for sale$95,000

For Sale by Agent

AgentSierra Bush
BrokerageBush & Hilliard Exceptional Realty

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