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Property profile & analytics
OFF-MARKET
Land

128 Choctaw Dr Franklinton, LA 70438

0.73 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.73 ac (31,799 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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