Active

$210,000

10480 Lee Settlement Rd, Folsom, LA 70437

4beds

2,052sqft

Est.:

Single Family Residence

Built in 2000

-- sqft lot

$-- Zestimate^®

$102/sqft

$-- HOA

What's special

Well-maintained homeFunctional kitchenSpacious open floor plan

MAY QUALIFY FOR 3.5% DOWN FHA LOAN! Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!

270 days

98

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator

Features

Jetted Tub
Windows: Screens
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,052
Total interior livable area: 2,052 sqft

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Pool features: None
Has spa: Yes

Lot

Dimensions: 150 x 410 x 784 x 150 x 749 x 668
Features: 1 to 5 Acres, Outside City Limits

Details

Parcel number: 17041
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Modular/Prefab
Property subtype: Single Family Residence

Materials

Modular/Prefab, Vinyl Siding
Foundation: Raised
Roof: Metal

Condition

Very Good Condition
Year built: 2000

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Not a Subdivision

HOA

Has HOA: No
HOA name: N/A

Location

Region: Folsom

Financial & listing details

Price per square foot: $102/sqft
Tax assessed value: $40,965
Annual tax amount: $526
Date on market: 4/4/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/11/2025	Price change	$210,000+14900%$102/sqft
Source: GSREIN #2495019 Report a problem
9/6/2025	Pending sale	$1,400-99.3%$1/sqft
Source: Latter and Blum #2515809 Report a problem
9/6/2025	Listing removed	$1,400$1/sqft
Source: GSREIN #2515809 Report a problem
8/7/2025	Listed for rent	$1,400$1/sqft
Source: GSREIN #2515809 Report a problem
4/4/2025	Listed for sale	$210,000+14900%$102/sqft
Source: GSREIN #2495019 Report a problem