Acreage Home Site with Brick
For Sale
$365,000
413 S Elm Street, Haughton, LA 71037
CommercialSale, Haughton, LA
Property Size1,976 SF
Lot Size10.00 Acres
Price / SF$184.72
Days on Market138
Property Features for 413 S Elm Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Garage
Subdivision
Rural
Lot features
Acreage
Directions
Google maps.
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
Legal Description
BEGIN AT SW CORNER OF NW 1/4 OF SEC 28; THENC
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Concrete, Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
Diamond Realty & Associates
Listed By:
Sarah McCoy
(318) 746-0011
Added: Jun 6
Changed: Oct 20
Last Checked: Oct 21 at 6:06PM
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.
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Investment Insights
Based on property information with market context.
Set on 10 acres in Haughton, this property includes an existing brick, single-story home with a long layout and multiple living areas. The home offers 4 bedrooms and 2 bathrooms with 1,976 square feet of interior space, plus a wide front yard and mature wooded surroundings. The main living room features tile flooring, warm neutral tones, and a ceiling fan near the front entry.
A second oversized living area or flexible bonus space includes a dramatic stone fireplace wall with a built-in display ledge and large windows, offering room that could function as a den, game room, hobby area, or an adaptable living space. The kitchen includes abundant wood cabinetry, a tile backsplash, granite style counters, and pantry-style storage.
Outside, the property is described as peaceful and private, with towering pines, hardwoods, and wooded surroundings. For buyers looking for acreage with an existing residence and the option to remodel, personalize, or rebuild, this homesite provides the space to plan future improvements or a new build.
A second oversized living area or flexible bonus space includes a dramatic stone fireplace wall with a built-in display ledge and large windows, offering room that could function as a den, game room, hobby area, or an adaptable living space. The kitchen includes abundant wood cabinetry, a tile backsplash, granite style counters, and pantry-style storage.
Outside, the property is described as peaceful and private, with towering pines, hardwoods, and wooded surroundings. For buyers looking for acreage with an existing residence and the option to remodel, personalize, or rebuild, this homesite provides the space to plan future improvements or a new build.
Key Highlights
- 10‑acre homesite in Haughton with mature shade trees, towering pines, hardwoods, and wooded surroundings
- Brick single‑story home built in 1960 featuring 4 bedrooms and 2 bathrooms
- 1,976 SF long single‑story layout with multiple living areas and flexible bonus/oversized living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,496
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,920
$289.9K
Cap Rate 7%
$207,086
$207.1K
Cap Rate 9%
$161,067
$161.1K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$27.7K $14.04/SF
− Vacancy
−$1.4K −$0.70/SF
EGI
$26.4K $13.34/SF
− OpEx
−$11.9K −$6.00/SF
NOI
$14.5K $7.34/SF
Area
Bossier County, LA
Vacancy
5.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,920
Cap Rate 7%
$207,086
Cap Rate 9%
$161,067
Alternative Uses
Best Use
Apartment 5plus
$207.1K
$181.2K – $241.6K
NOI $14,496 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.4K
$294.3K – $392.4K
NOI $23,546 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 71037, LA
21,469
Population
8,554
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
128.8 sq mi
ZIP Area
167
Density / Sq Mi
$71,175
Median Household Income
$39,825
Median Earnings
$1,304
Median Rent
$205,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - 10-acre homesite in Haughton featuring a single-story brick home with four bedrooms and two bathrooms.
Where is this single family property located?
The property is located at 413 S Elm Street Haughton, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 10‑acre homesite in Haughton with mature shade trees, towering pines, hardwoods, and wooded surroundings; Brick single‑story home built in 1960 featuring 4 bedrooms and 2 bathrooms; 1,976 SF long single‑story layout with multiple living areas and flexible bonus/oversized living space
