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10398 Lee Settlement Rd, Folsom, LA, 70437

4beds
2baths
1,920sqft
$250,000
$130price/sqft
$1,780/moest. monthly cost
$71,200/yrincome needed

About This Home

BRAND NEW in Wholesome Folsom! Over 1900 living sqft 4 bed, 2 bath. Offers a stylish, oversized kitchen and expansive open-concept living areas ideal for modern living. Highlights include stainless steel appliances, a white brick fireplace, and a large tiled walk-in shower in the primary suite with dual vanities. Situated on a beautiful 1.25 acre lot on Lee Settlement Road this home combines space, style, and the quiet rural setting but less than 10 minutes from the heart of Folsom, minutes from scenic Global Wildlife and less than 20 minutes from Covington and I-12. Seller is offering to buy down interest rate. Broker/Owner. Other Lots available.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

9/10
Folsom Elementary SchoolGrades PK-53.0 mi
9/10
5/10
Covington High SchoolGrades 9-1211.7 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mobile Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator

Bedroom

  • Level: Lower
  • Dimensions: 10.6 x 11

Bedroom

  • Level: Lower
  • Dimensions: 10.7 x x 11

Bedroom

  • Level: Lower
  • Dimensions: 15.2 x 11

Bedrooms & Bathrooms

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

Features

  • Pantry,Stainless Steel Appliances
  • Fireplace features: Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,1 Unit

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 1,920 sqft

Master Bedroom

  • Level: Lower
  • Dimensions: 14 x 14

Property

Details

  • Parcel number: 0
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Porch
  • Exterior features: Porch

Lot

  • Features: 1 to 5 Acres,Outside City Limits
  • Lot size dimensions: 265 x 144 x 299 x 264

Parking

  • Parking features: Covered,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

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather
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 $1,264$15,168
Home Insurance *$222$2,664
Property Taxes $147$1,764
Electricity $147$1,773
Total$1,780$21,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,028/yr
40% on housing$53,400/yr
45% on housing$47,466/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: 21.0%
21.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 70437$263
St. Tammany Parish$167

vs Homes Sold Last Month

Median $/sqft

ZIP 70437$183
St. Tammany Parish$156

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
2026-07-31Listed for sale$250,000
2026-03-30Listing removed$275,000
2026-02-06Listed for sale$275,000

New Construction

AgentAvery Taylor
BrokerageElite Real Estate Advisors 

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