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1506 Lee Ave, Houma, LA, 70360

2beds
2baths
847sqft
$95,500
$113price/sqft
$784/moest. monthly cost
$31,360/yrincome needed

About This Home

This Charming and Cozy well-maintained home is tucked away at the end of a quiet neighborhood. This inviting property offers a comfortable living area and a Spacious Kitchen with plenty of room for all your cooking needs. An inside laundry/mud room adds extra functionality and storage. The home also features a TANKLESS WATER HEATER for energy efficiency and endless hot water. Step outside to enjoy the peaceful backyard setting with plenty of room for gatherings, complete with a large shed and an additional smaller shed for extra storage, hobbies, or workspace. A covered carport with additional space on the side provides convenience for multiple vehicles. Comfortable, practical, and move-in ready-- this home is a great opportunity in a quiet, peaceful setting. It's one you don't want to miss. Buyer to verify all measurements and flood zone. Whether you are downsizing, first time buyer, or an investment property, this one is ready to welcome you home.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

5/10
5/10
Houma Junior High SchoolGrades 7-81.4 mi
8/10
Terrebonne High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Pillar/Post/Pier
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedroom1

  • Level: Main
  • Area: 104.8333

Bedroom2

  • Level: Main
  • Area: 101.0556

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,441
  • Total interior livable area: 847 sqft

Property

Details

  • Parcel number: 22431
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 5,009 sqft
  • Lot size dimensions: 83.67 x 90 x 27.72 x 108 +/-

Parking

  • Parking features: Carport
  • Carport: 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
    HurricaneVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Lightning
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 $482$5,784
Home Insurance *$124$1,488
Property Taxes $31$372
Electricity $147$1,773
Total$784$9,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,880/yr
40% on housing$23,520/yr
45% on housing$20,906/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: 15.4%
15.4%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -4.8%
-4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 70360$137
Terrebonne Parish$112

vs Homes Sold Last Month

Median $/sqft

ZIP 70360$133
Terrebonne Parish$118

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
2026-07-29Price change$95,500
2026-04-18Price change$99,500
2026-02-13Listed for sale$105,000
2021-01-06Sold--
2020-10-23Listed for sale$108,000
2008-07-23Sold--

For Sale by Agent

AgentMary Morrison
BrokerageGood Earth Realty, Inc.

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