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303 Terry Dr, Lafayette, LA, 70501

4beds
2baths
2,950sqft
$150,000
$51price/sqft
$1,277/moest. monthly cost
$51,080/yrincome needed

About This Home

Spacious Fixer-Upper Opportunity in Lafayette's Derby Heights Subdivision!This 4-bedroom, 2-bath traditional home sits on a large 0.29-acre lot and offers great bones, a functional layout, and classic features such as a kitchen island, fireplace, and covered patio--providing tremendous potential for the right buyer.Please note: The home has experienced water damage, which has been disclosed in the Agent Remarks. The property is being sold strictly 'As-Is' with no repairs or warranties from the seller. Ideal for investors, contractors, or homeowners ready to bring this home back to life.Conveniently located near schools, shopping, and major roadways, this property features brick and stucco siding, central heating and cooling, and a two-car garage. Don't miss this chance to create value and restore this home's full potential.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
5/10
Northside High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1978

Materials

  • Foundation: Slab
  • Roof: Asbestos Shingle
  • Construction materials: Brick Veneer,Synthetic Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave

Bedrooms & Bathrooms

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

Features

  • Kitchen Island,Separate Shower,Walk-In Closet(s),Other Counters
  • Window features: Window Treatments,Double Pane Windows
  • Flooring: Tile,Wood Laminate
  • Number of fireplaces: 1
  • Fireplace features: 1 Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Multi Units,Central Air

Interior Area

  • Total interior livable area: 2,950 sqft

Property

Details

  • Parcel number: 6026607

Features

  • Stories: 2
  • Patio & porch: Covered
  • Fencing: Partial,Wood

Lot

  • Lot size: 0.29 Acres
  • Features: 0 to 0.5 Acres
  • Lot size dimensions: 69 x 183

Parking

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Heat Wave
Inland Flooding
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 $758$9,096
Home Insurance *$225$2,700
Property Taxes $71$852
Electricity $223$2,676
Total$1,277$15,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,782/yr
40% on housing$38,310/yr
45% on housing$34,053/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

$51This listing

vs Other Active Listings

Avg $/sqft

ZIP 70501$61
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)

Price History

DateEventPrice
2026-05-11Price change$180,000
2026-04-25Price change$190,000
2026-04-08Price change$200,000
2026-03-19Price change$210,000
2026-03-04Price change$220,000
2026-02-13Price change$230,000
2026-01-15Price change$240,000
2025-12-14Price change$250,000
2025-11-13Listed for sale$260,000
2022-07-29Sold--
2022-07-05Pending sale$295,900
2022-07-05Listed for sale$295,900
2022-05-09Pending sale$295,900
2022-05-05Price change$295,900
2021-12-16Price change$299,900
2021-11-30Listed for sale$309,900

For Sale by Agent

AgentJustin George
BrokerageEpique Realty

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