128 Choctaw Dr, Franklinton, LA 70438
This exceptional .73-acre waterfront lot presents a rare opportunity to build your dream home on the serene shores of Lake Choctaw in Franklinton, Louisiana. Located in the desirable Washington Parish, this property boasts a prime location within a peaceful community, offering the perfect blend of tranquility and convenience. Situated in flood zone X, no flood insurance is required, providing significant cost savings. The lot features underground utilities, minimizing disruption during construction. Enjoy the natural beauty of the lake with opportunities for kayaking, fishing, and swimming. The area is known for its stunning natural woods and welcoming atmosphere. Minimum restrictive covenants ensure the preservation of the community's charm. The property is also conveniently located near town amenities while maintaining a sense of seclusion. This sought-after location is served by a highly-rated school district, making it an ideal choice for families. The address is Lot 128 W Choctaw Drive, Franklinton, LA 70438. The asking price is $40,000. Buyers are advised to independently verify the square footage. Don't miss this chance to own a piece of paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.