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Residential Lot in Carmel Village
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231 Watermark Drive lot 68, Lafayette, LA 70501

LAND - Lafayette, LA

Property SizeContact for details
Lot Size0.18 Acres
Days on Market189

Property Features for 231 Watermark Drive lot 68

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 6137266
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description Lot 68 Carmel Village
Legal Description Lot 68 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 4:06PM
MLS# 2600001284

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 level lot is ready for development and features public water, public sewer, and paved city street frontage. Utilities are available at the street, facilitating a straightforward building or placement process. Situated just off Louisiana Avenue, the location provides convenient access to schools, shopping, restaurants, and major roadways, while maintaining the ambiance of an established neighborhood. The property is suitable for placing a manufactured home, subject to subdivision guidelines, or for securing land for future investment. Carmel Village offers an affordable option for buyers seeking homeownership in Lafayette. Multiple lots are available within the subdivision, offering the opportunity to purchase a single lot or bundle several together for development or long-term investment. The lot size is 0.18 acres.

Key Highlights

  • Level lot ready for development with utilities available at the street.
  • Located in Carmel Village Subdivision, an affordable option for homeownership in Lafayette.
  • Convenient access to schools, shopping, restaurants, and major roadways off Louisiana Avenue.

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

39
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 231 Watermark Drive lot 68 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 in Lafayette.; Convenient access to schools, shopping, restaurants, and major roadways off Louisiana Avenue.
More about this property
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