3931 McFarland St, New Orleans, LA, 70126
About This Home
Investor special in New Orleans! This 2-bedroom, 1.5-bath property sits on a generously sized corner lot, offering strong upside potential for the right buyer. The home is in poor condition and requires substantial repairs—cash buyers only. The seller will not make repairs, and the property will not qualify for any type of financing. Property is being sold AS-IS, WHERE-IS, with all inspections for buyer’s knowledge only. No utilities will be activated for inspections. This is a succession sale, and the transaction is being handled by True Title. Perfect opportunity for an experienced investor, builder, or rehab specialist looking to add value in a classic New Orleans location. Bring your contractor, run your numbers, and submit your best cash offer. ****CASH BUYERS ONLY**** PROPERTY WILL NOT QUALIFY FOR FINANCING. Succession is being handled by True Title and paperwork has began. Single Executor is out of state and will not make any repairs so all inspections are for buyers informational purposes only.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Poor Condition
- Year built: 1993
Materials
- Foundation: Raised
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Oven,Range,Refrigerator,Washer
- Laundry features: Washer Hookup,Dryer Hookup
Bedroom
- Level: Lower
- Dimensions: 11x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,640
- Total interior livable area: 1,550 sqft
Master Bedroom
- Level: Lower
- Dimensions: 18x8
Property
Details
- Parcel number: 39W801813
- Special condition: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 2,208 sqft
- Features: Corner Lot,City Lot
- Lot size dimensions: 4 x 80 x 58
Parking
- Parking features: None
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
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $302 | $3,624 |
| Home Insurance * | $111 | $1,332 |
| Property Taxes | $42 | $504 |
| Electricity | $147 | $1,773 |
| Total | $602 | $7,224 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-25 | Price change | $59,900 |
| 2026-02-02 | Listed for sale | $80,000 |
| 2019-04-20 | Listing removed | $150,000 |
| 2018-08-15 | Price change | $150,000 |
| 2018-04-20 | Listed for sale | $175,000 |
| 1988-08-18 | Sold | -- |
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