104 Lk Choctaw Rd Franklinton, LA 70438
This exceptional .56-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, well-maintained 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 significant cost savings. The location also benefits from being within a highly-rated school district, making it an ideal choice for families. Buyers are responsible for verifying the exact square footage. Don't miss this last chance to own a piece of this sought-after community. Seize this opportunity to create your ideal lakeside retreat in Washington Parish, Louisiana, zip code 70438. The address is Lot 104 Lake Choctaw Road. The asking price for this remarkable property is $27,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.