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    Acreage Property with Brick Home Title is generated by Realmo AI

    413 S Elm Street, Haughton, LA 71037

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    Claim this Listing
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    For Sale
    $390,000

    SINGLE_FAMILY - Haughton, LA

    Type:Office
    Property size:
    1,976 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $197/SF
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 413 S Elm Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Garage
    Standard status
    Active
    APN
    119839
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    BEGIN AT SW CORNER OF NW 1/4 OF SEC 28; THENC
    Tax Annual Amount
    1924

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Concrete
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Listing Contact
    Sarah McCoy
    Sarah McCoy

    Listing agent Sarah McCoy License #0995696484

    Listing office Diamond Realty & Associates Bossier City, LA

    Listing date Jun 5, 2026

    MLS# 21293204

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 10‑acre homesite in Haughton with wooded surroundings and mature shade trees
    • Existing brick home with 4 bedrooms, 2 bathrooms, and 1,976 SF of living space (single‑story)
    • Two main living areas, including a stone fireplace wall with large windows and built‑in display ledge
    • Kitchen with wood cabinetry, tile backsplash, pantry‑style storage, and granite‑style counters
    • Utilities include public water and septic tank sewer; roof is shingle
    • Central air with electric heating/cooling; garage parking

    Overview

    Located at 413 S Elm Street in Haughton, Louisiana, this 10-acre homesite features an existing brick, long single-story home surrounded by mature shade trees, towering pines, hardwoods, and wooded surroundings. The residence is set up with multiple living areas, including a main living room with tile flooring, neutral tones, and a ceiling fan near the front entry. A second oversized living area or flexible bonus space provides a dramatic stone fireplace wall with a built-in display ledge and large windows, offering room for a den, game room, hobby space, or other reconfiguration. The kitchen includes wood cabinetry, a tile backsplash, “granite style” counters, and pantry-style storage.

    The property’s wide front yard and established landscape provide an outdoor setting for gardens, recreation, and room for animals and equipment. With its combination of acreage and an existing home, the site supports both renovation plans and future improvements.

    For buyers looking for flexibility, the brick home can serve as a base for remodeling and personalization while retaining an acreage lifestyle. Alternatively, the 10-acre layout can accommodate a new build vision, whether the goal is an extended country retreat or a long-term homesite positioned within Haughton conveniences.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Hair Salon Pharmacy Auto Parts Store Department Store Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haughton
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.512386
    Latitude
    32.522489

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    FAQs

    What type of property is this?
    Residential land & home lot - 10 acres in Haughton with an existing brick single-story home offering four bedrooms and two baths.
    Where is this residential land & home lot located?
    The property is located at 413 S Elm Street Haughton, LA.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: 10‑acre homesite in Haughton with wooded surroundings and mature shade trees; Existing brick home with 4 bedrooms, 2 bathrooms, and 1,976 SF of living space (single‑story); Two main living areas, including a stone fireplace wall with large windows and built‑in display ledge
    (318) 746-0011
    We can help!
    Listing Contact
    Sarah McCoy
    Sarah McCoy
    Real Estate License ID: 0995696484
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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