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Residential Lot in Carmel Village
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111 Watermark Drive lot 52, Lafayette, LA 70501

LAND - Lafayette, LA

Property SizeContact for details
Lot Size0.31 Acres
Days on Market189

Property Features for 111 Watermark Drive lot 52

General Information

Property type Land
Property subtype Other
Zoning Res
Subdivision Carmel Village
Lot features Level
Elementary school Evangeline
Middle school Acadian
High school Northside
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 6137249
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description Lot 52 Carmel Village
Legal Description Lot 52 Carmel Village

Utilities

Utilities Natural Gas Available
Water source Public
Listing Agency: Compass · ERA Real Estate
Listed By: Brittany LeBlanc · License #995709191
Added: Feb 23 Changed: Jul 25 Last Checked: Aug 31 at 12:06PM
MLS# 2600001281

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, offering public water, public sewer, and paved city street frontage. The level lot is ready for development, with utilities available at the street. Situated just off Louisiana Avenue, the location provides access to schools, shopping, restaurants, and major roadways. The property offers flexibility and value for placing a manufactured home (per subdivision guidelines) or securing land for future investment. Carmel Village is an affordable option for buyers seeking homeownership in Lafayette. The lot size is 0.31 acres. Multiple lots are available within the subdivision, offering the opportunity to purchase one lot or bundle several together for development or long-term investment potential.

Key Highlights

  • Level lot ready for development with utilities available at the street.
  • Located in Carmel Village Subdivision, an affordable option for homeownership.
  • Paved city street frontage provides everyday convenience and easy access.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service Hair Salon

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 111 Watermark Drive lot 52 Lafayette, LA.
What are key features of this property?
This property features: Level lot ready for development with utilities available at the street.; Located in Carmel Village Subdivision, an affordable option for homeownership.; Paved city street frontage provides everyday convenience and easy access.
More about this property
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