Property Attributes
- MLS#2600006825
- TypeSingle Family
- Listing Status Active
- ParishLafayette
- CityLafayette
- AreaH
- NeighborhoodNone
- Zip70501
- StyleTraditional
- Year Built1983
- Price$ 74,999
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1119
- Lot Size0.2 Acres
Data Source:
REALTOR® Association of Acadiana (LBRMLS)
Property Description
Discover a rare opportunity in the gated River Trace condominium community--Unit 31, a two-story, 1-bedroom, 1.5-bath condo spanning approximately 1,119 sq ft, built in 1983 and listed for $79,999. This unit is ideal for first-time homebuyers or savvy investors seeking a charming home with tremendous upside potential.Step inside to find soaring ceilings, a cozy wood-burning fireplace, and seamless indoor-outdoor living with both a private balcony and a spacious patio--perfect for morning coffee or evening relaxation. While the carpet needs replacement and some TLC, the solid bones and layout offer a canvas for personalization and value enhancement.The $245/month HOA delivers exceptional value, covering:Homeowners insuranceRoof repair or replacement as neededExterior siding repair, replacement, and paintingExterminator servicesThis comprehensive coverage means you can focus on interior updates and design, while the HOA handles major exterior maintenance and protection.Located in the desirable River Trace subdivision, this condo offers both convenience and community. Nearby, you'll find the Oakbourne Country Club, adding recreational appeal, and the area is well-connected to local amenities and schools.Whether you're looking to make this your first home or add a high-potential property to your investment portfolio, Unit 31 offers affordability, structural peace of mind, and a strong foundation for future equity.
| Elementary School | Middle School | High School |
|---|---|---|
| J W Faulk Elementary School | Paul Breaux Middle Middle School | Northside High School |
| Price History | |
|---|---|
| 7/24/2026 | Listed $79,999 |
| 9/9/2026 | 6$74,999 |
General Features
| Association Amenities | Management |
|---|---|
| Half Baths | 1 |
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Multi Units,Central Air |
| Appliances | Built-In Electric Oven,Dishwasher,Dryer,Electric Cooktop,Ice Maker,Refrigerator,Washer,Electric Stove Con |
| HOA Fee | 245 |
| Association Fee Includes | Maintenance Grounds,Insurance,Pest Control,Repairs/Maintenance |
| Patio/Porch Features | Open |
| Architectural Style | Traditional |
| Construction Materials | HardiPlank Type,Stucco |
| Year Built | 1983 |
| Electric | Elec: City |
| Stories Count | 2 |
| Levels | Multi/Split |
| Unit Number | 31 |
| Property Subtype | Single Family Residence,Condominium |
| Waterfront Features | Bayou/River |
| Community Features | Gated |
| County | Lafayette |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | None |
| Garage Y/N | false |
| Full Baths | 1 |
| Status | Active |
| Directions | From I-49 South, continue onto the Evangeline Thruway. Turn left onto East Pinhook Road, then turn right onto East Simcoe Street. Continue approximately 1.5 miles. River Trace Condominiums will be on the right, just before Oakbourne Country Club. Enter through the security gate and continue straight toward the rear of the community and take a R then L. Unit #505 will be located on the right |
| City | Lafayette |
| High School District | Lafayette Parish |
| MLS Area | H |
| Lot Size Square Feet | 8712 |
| Carport Y/N | false |
| Home Warranty Y/N | false |
| Property Condition | Resale |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Lafayette Parish |
| Elementary School District | Lafayette Parish |
| Legal Description | UNIT 503 RIVER TRACE CONDO UNIT #31 |
Interior Features
| Interior Amenities | High Ceilings,Crown Molding,Walk-in Pantry,Walk-In Closet(s),Formica Counters |
|---|---|
| Flooring | Carpet,Tile |
| Fireplace Features | 1 Fireplace,Wood Burning |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Skylight(s) |
| Fireplace Y/N | true |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 1 |
| LivingAreaSource | Owner |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Fencing | Wood |
| Parking Features | Assigned |
| Lot Features | 0 to 0.5 Acres,Commons |
| Lot Size Area | 8712 |
| Foundation Details | Slab |
| Lot Dimensions | see ta x assessor's site |
| Lot Size Acres | 0.2 |
| Horse Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 70501
In The Neighborhood
New Iberia
$ 135,000
- Type
- Single Family
- Size
- 1,192 SqFt
- Rooms
- 2 Beds + 2 Baths
Scott
$ 220,000
- Type
- Single Family
- Size
- 1,340 SqFt
- Rooms
- 3 Beds + 2 Baths
Church Point
$ 398,500
- Type
- Single Family
- Size
- 2,145 SqFt
- Rooms
- 3 Beds + 2 Baths
Carencro
$ 225,000
- Type
- Single Family
- Size
- 2,034 SqFt
- Rooms
- 3 Beds + 2 Baths
Pecan Island
$ 450,000
- Type
- Single Family
- Size
- 544 SqFt
- Rooms
- 1 Beds + 1 Baths
New Iberia
$ 240,000
- Type
- Single Family
- Size
- 2,584 SqFt
- Rooms
- 5 Beds + 3 Baths
Eunice
$ 387,500
- Type
- Single Family
- Size
- 2,000 SqFt
- Rooms
- 3 Beds + 2 Baths
New Iberia
$ 100,000
- Type
- Single Family
- Size
- 1,367 SqFt
- Rooms
- 2 Beds + 2 Baths
Arnaudville
$ 190,000
- Type
- Single Family
- Size
- 1,537 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Port Barre
$ 49,000
- Type
- Single Family
- Size
- 736 SqFt
- Rooms
- 1 Beds + 1 Baths
Opelousas
$ 165,000
- Type
- Single Family
- Size
- 1,452 SqFt
- Rooms
- 3 Beds + 2 Baths
Port Barre
$ 349,000
- Type
- Single Family
- Size
- 3,215 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Port Barre
$ 349,000
- Type
- Single Family
- Size
- 1,800 SqFt
- Rooms
- 3 Beds + 3 Baths
The data relating to real estate for sale on this website comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. This IDX information is provided exclusively for consumer's personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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