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Residential Lot in Carmel Village
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107 Watermark Drive lot 50, Lafayette, LA 70501

LAND - Lafayette, LA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market190

Property Features for 107 Watermark Drive lot 50

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Carmel Village
Lot features Level
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Louisiana Avenue, turn onto Carmel Drive. Continue approximately 2 miles and turn left into Carmel Village Subdivision.
Standard status Active
APN 6137246
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description LOT50 CARMEL VILLAGE
Legal Description LOT50 CARMEL VILLAGE

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Water source Public
Listing Agency: Compass · ERA Real Estate
Listed By: Brittany LeBlanc · License #995709191
Added: Feb 23 Changed: Jul 25 Last Checked: Sep 1 at 12:06AM
MLS# 2600001279

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential lot is located in Carmel Village Subdivision and is suitable for building or placing a new home. The lot is level and ready for development, with public water, public sewer, and paved city street frontage. Utilities are available at the street. Situated off Louisiana Avenue, the location provides access to schools, shopping, restaurants, and major roadways. The property is in an established neighborhood setting. The lot is suitable for placing a manufactured home (per subdivision guidelines) or for future investment. Carmel Village is an affordable option for buyers seeking homeownership in Lafayette. Multiple lots are available within the subdivision, and buyers have the opportunity to purchase one lot or bundle several together for development or long-term investment potential. The lot size is 0.11 acres.

Key Highlights

  • Level lot ready for development with utilities available at the street.
  • Public water and sewer available.
  • Located in Carmel Village, an affordable subdivision in Lafayette.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential lot ready for development in established Lafayette neighborhood.
Where is this land located?
The property is located at 107 Watermark Drive lot 50 Lafayette, LA.
What are key features of this property?
This property features: Level lot ready for development with utilities available at the street.; Public water and sewer available.; Located in Carmel Village, an affordable subdivision in Lafayette.
More about this property
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