127 Choctaw Dr Franklinton, LA 70438
This exceptional .64-acre waterfront lot is situated on beautiful Lake Choctaw in Franklinton, Louisiana. Boasting a prime location within a desirable community, this property offers a tranquil escape while remaining conveniently close to town. Enjoy the peace and quiet of country living with easy access to kayaking, fishing, and swimming. The lot is located in a preferred flood zone X, eliminating the need for flood insurance. Underground utilities are already in place, simplifying development. The property is subject to minimum restrictive covenants, ensuring the preservation of the community's natural beauty and character. This sought-after location also falls within a highly-rated school district, making it an ideal choice for families. The expansive lot size provides ample space for building your dream home and enjoying the stunning lake views. Don't miss this last opportunity to own a piece of paradise on Lake Choctaw. The asking price is $37,000. Buyer's agent to verify square footage. The address is Lot 127 W Choctaw Drive, Franklinton, LA 70438.
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
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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.