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505 & 507 Cedar Crest Ct, Lafayette, LA, 70501

3beds
2baths
1,457sqft
$170,000
$117price/sqft
$1,341/moest. monthly cost
$53,640/yrincome needed

About This Home

Welcome to 505 Cedar Crest Court in Lafayette, a 2 bedroom, 1 bath home and 507 Cedar Crest Court, a 1 bedroom, i bathroom apartment in Lafayette offering a great opportunity for a variety of buyers. Whether you're looking to expand your investment portfolio or purchase a place to call your own, this property offers flexibility and affordable value.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

4/10
Lafayette Middle SchoolGrades 6-80.3 mi
9/10
Lafayette High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Resale

Materials

  • Foundation: Piling
  • Roof: Composition
  • Construction materials: Frame,Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Freezer,Refrigerator,Gas Cooktop

Bedrooms & Bathrooms

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

Features

  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,457
  • Total interior livable area: 1,457 sqft

Property

Details

  • Parcel number: 6030328
  • Other equipment: Individual Meter

Features

  • Patio & porch: Unit 1 Porch/Patio/Deck
  • Fencing: None

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 75 x 125

Parking

  • Total spaces: 2

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Inland Flooding
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 $859$10,308
Home Insurance *$255$3,060
Property Taxes $80$960
Electricity $147$1,773
Total$1,341$16,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,977/yr
40% on housing$40,230/yr
45% on housing$35,760/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

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 70501$60
Lafayette Parish$157

vs Homes Sold Last Month

Median $/sqft

ZIP 70501$125
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)

No zestimate history available

Price History

DateEventPrice
2026-07-09Listed for sale$170,000

For Sale by Agent

AgentNick Hundley
BrokerageEXP Realty, LLC

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