106 Country Estates Drive, Houma, LA 70364
- Added:
- Jun 15, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 17 at 10:06 am
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
- Multifamily property with a duplex plus 2 additional single units
- Roof replacement in 2024 on all units
- All units feature vinyl wood plank flooring, central air, and central/electric heat
- Septic tank service; shingle roof; vinyl siding construction
- Adjoining vacant land included (116 ft by 175 ft deep) with room to add 2 additional duplexes
- Two long‑term tenant‑occupied units (10+ years) and two units with tenants in place for about 2 years
Overview
The property is located at 106 Country Estates Drive in Houma, Louisiana, on a residential street characterized by brick homes. The listing notes the ability to expand in the future, referencing adjoining vacant land measuring 116 feet by 175 feet deep.
For buyers seeking an owner-occupied or investment-oriented residential income property, this layout offers multiple unit types under one roof and an established rental history, with two units occupied by long-term tenants of over 10 years and the remaining units having tenants in place for approximately two years. Please note that tenants must be present for all showings, and appointments require at least 24 hours’ notice, with best showing times late afternoons after 4 p.m. or on weekends.
Local Financial Insights For Multifamily LT 5
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 | $37.9k | $11.76 |
| − Vacancy | −$3.3k | −$1.02 |
| EGI | $34.7k | $10.74 |
| − OpEx | −$10.4k | −$3.22 |
| NOI | $24.3k | $7.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.734649
- Latitude
- 29.673924
