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712 Magnolia St, Westlake
$69,900
SWL26004865 MLS
Income in place and room to add value make this Westlake duplex an opportunity worth exploring! Located at 712 Magnolia Street, the property offers two units, each with two bedrooms, one bathroom, and approximately 800 square feet of living space. One unit is currently rented for $550 per month on a month to month term to a long term renter, while the other is vacant and will need some repairs before it can be rented, allowing a buyer to improve the vacant side while maintaining an existing rental. The property needs some TLC and offers the opportunity to update the interiors, improve rental appeal, and work toward higher rental income. City utilities, separate meters, and tenant-paid utility bills are a plus for this property. Following repairs and updates, estimated rental potential is approximately $900 per month per unit, which would provide $1,800 in monthly gross rent when both units are leased at that rate. Whether adding to a rental portfolio or looking for a hands-on investment project, this duplex offers existing income and potential for improvement. Located in Flood Zone X. Need 24 hour notice for all showings.

712 Magnolia St, Westlake

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503 & 505 Poinciana Ln, Westlake
$79,900
SWL26003742 MLS
Versatile investment and redevelopment opportunity in the Westlake area! Situated on approximately 0.74 acre, this offering includes one parcel including 503 and 505 Poinciana Lane, each improved with an older single-wide mobile home. The expansive corner setting provides frontage along two public streets, multiple access points, generous open space between the residences, mature shade trees, and ample room for parking and outdoor use. Both homes need TLC and updating but were previously leased for $800 per month each, offering the potential for two income-producing units with a combined prior rent of $1,600 per month. The property could be an excellent option for an investor looking to renovate and return the homes to rental service, a buyer needing two separate residences, or someone considering future redevelopment or replacement of the existing mobile homes, subject to applicable zoning, permitting, and restrictions. Aerial views highlight the broad, usable footprint, established residential surroundings, and flexible layout, with the homes positioned on opposite portions of the property to provide separation and privacy. With two existing residences, extensive road frontage, multiple entrances, and plenty of open land, this unique Westlake property offers numerous possibilities for the buyer with vision.

503 & 505 Poinciana Ln, Westlake

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2210 Mccloud St St, Westlake
$100,000
3 Beds ⋅ 2 Baths ⋅ SWL25100722 MLS
Spacious Fixer With Big Upside — 3BR/2BA + Two Living Areas. Bring your vision and a little TLC to this roomy brick ranch with great bones and tons of flex space. Inside you’ll find three bedrooms, two baths and two separate living areas—including a huge den with a brick fireplace and vaulted ceiling for those cozy nights in. Original wood paneling and easy-care laminate floors add vintage charm, while several rooms are mid-renovation, giving you a head start to finish exactly how you like. A long sunroom lined with windows is perfect for a playroom, hobby space, or home office. There’s also a large bonus area with exposed insulation—ideal to convert into a game room, workshop, or additional living space. Outside, enjoy a massive covered back deck overlooking a deep, grassy yard, plus an attached carport and plenty of driveway parking. This property needs updates but offers excellent potential as a flip, investment, or first home for a buyer ready to build sweat equity. Important sale terms: This is a short sale. Any “accepted” purchase agreement is contingent upon Rural Development approval and . Per RD guidelines, seller concessions are capped at 3% to the buyer. This home will not qualify for FHA,VA or Rural loans. Ready to unlock the potential? Come see how far your ideas can go here. (All measurements M/L.)

2210 Mccloud St St, Westlake

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’s MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use. This information 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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