106 Country Estates Drive, Houma, LA 70364
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 10:06 pm
Property Features for 106 Country Estates Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 10
- Parking features
- Assigned
- Patio and Porch features
- Porch
- Interior features
- Electric Stove Con.
- Appliances
- Electric Cooktop
- Standard status
- Active
- Size
- 3,227 SF
- Lot size
- 0.70 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Heat Pump, Central Air
Building Details
- Flooring type
- Tile
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Gwendolyn Barrilleaux License #56838 (985) 665-6550
Listing office Canal & Main Realty 509 Canal Blvd, Thibodaux, LA (985) 446-6363
Listing date Jun 15, 2026
Copyright © 2026 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Electric cooktop with electric stove hookups/connections
- Heating includes electric heat plus central heating; cooling includes heat pump and central air
- Tile flooring throughout
- Vinyl siding exterior with a shingle roof
- Assigned parking with a porch
- Septic tank sewer system
Overview
The property is located at 106 Country Estates Drive in Houma, Louisiana (70364) in Terrebonne Parish. Access is described as being available via Country Estates off Highway 316, with an additional route available from Coteau Road.
For buyers evaluating residential income opportunities, the combination of a multi-family investment structure and a buildable lot footprint can support a straightforward housing income plan. The practical access routes from Highway 316 and Coteau Road may also simplify day-to-day arrival and deliveries for residents or property operations. Interested parties should verify the exact unit mix and operating details during due diligence.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $13.08 |
| − Vacancy | −$3.8k | −$1.19 |
| EGI | $38.4k | $11.89 |
| − OpEx | −$17.3k | −$5.35 |
| NOI | $21.1k | $6.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.734649
- Latitude
- 29.673924
