Choctaw Lot 101 Lk Franklinton, LA 70438
This exceptional .98-acre residential lot in the desirable Lake Choctaw subdivision presents a unique opportunity to build your dream home. Located in Franklinton, Louisiana, this property boasts direct lake access, perfect for fishing enthusiasts and those seeking a tranquil waterfront lifestyle. The lot is situated in a beautiful subdivision with underground utilities readily available from the main service line. A minimum building size of 1500 square feet is required, ensuring a cohesive and upscale community aesthetic. The annual HOA fee of $100 is optional, offering flexibility to homeowners. This property is located in a flood zone X, eliminating the need for flood insurance, providing peace of mind and cost savings. The surrounding area offers access to a highly-rated school district, making it an ideal location for families. Don't miss this last chance to own a piece of this sought-after community. Buyers are responsible for verifying the square footage. The property is conveniently located at Lot 101 Lake Choctaw, Franklinton, LA 70438. This is a prime opportunity to invest in a tranquil, yet conveniently located, lakeside property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.