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!
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
- 347 days |
- 180 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 02:07pm
Listed by:
Austin Marquette 985-778-5356,
Compass Mandeville (COMP15) 985-626-5695
Source: GSREIN,MLS#: 2495019
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
Not available
Price history
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 | ||
| 4/1/2025 | Listing removed | $1,400$1/sqft |
Source: Latter and Blum #2489214 Report a problem | ||
| 3/15/2025 | Pending sale | $1,400+16.7%$1/sqft |
Source: Latter and Blum #2489214 Report a problem | ||
| 3/15/2025 | Listing removed | $1,400$1/sqft |
Source: GSREIN #2489214 Report a problem | ||
| 3/3/2025 | Listed for rent | $1,400$1/sqft |
Source: GSREIN #2489214 Report a problem | ||
| 3/7/2024 | Listing removed | $1,200$1/sqft |
Source: Latter and Blum #2437239 Report a problem | ||
| 3/5/2024 | Pending sale | $1,200-98.7%$1/sqft |
Source: Latter and Blum #2437239 Report a problem | ||
| 3/1/2024 | Sold | -- |
Source: GSREIN #2436631 Report a problem | ||
| 4/11/2022 | Sold | -- |
Source: Public Record Report a problem | ||
| 3/2/2022 | Price change | $90,000-9.5%$44/sqft |
Source: GSREIN #2328972 Report a problem | ||
| 1/27/2022 | Price change | $99,500-17.1%$48/sqft |
Source: GSREIN #2328972 Report a problem | ||
| 1/17/2022 | Listed for sale | $120,000$58/sqft |
Source: GSREIN #2328972 Report a problem | ||
| 12/22/2021 | Listing removed | -- |
Source: GSREIN #2320304 Report a problem | ||
| 10/26/2021 | Listed for sale | $120,000$58/sqft |
Source: GSREIN #2320304 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $526 +145991.7% | $4,096 -0.8% |
| 2023 | $0 | $4,127 |
| 2022 | -- | $4,127 |
| 2021 | -- | $4,127 |
| 2020 | -- | $4,127 -8.3% |
| 2019 | -- | $4,501 |
| 2018 | -- | $4,501 +2.9% |
| 2017 | $658 -0.4% | $4,374 |
| 2016 | $661 +1.8% | $4,374 +3.5% |
| 2015 | $649 +0.9% | $4,226 |
| 2014 | $644 +0.5% | $4,226 |
| 2013 | $641 | $4,226 -2.9% |
| 2012 | -- | $4,350 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,211/mo
Principal & interest
$1083
Property taxes
$128
More affordability tools
Climate risks
Neighborhood: 70437
Nearby schools
GreatSchools rating
- 8/10Folsom Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 9/10Folsom Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Covington High SchoolGrades: 9-12Distance: 11.6 mi
Local experts in 70437
- Louisiana
- Saint Tammany Parish
- Folsom
- 70437
- 10480 Lee Settlement Rd
Nearby cities
Nearby zip codes
Other Folsom Topics
