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1406 Lee Avenue

Bastrop, LA 71220
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Bed 3

Bed

Bath 1

Bath

SqFt1,024

Sqft

Acres0.23

Acre(Lot)

INVESTMENT OPPORTUNITY AT JUST $40,000! Looking for an affordable addition to your rental portfolio or your next value-add project? This 3-bedroom, 1-bath frame home in Bastrop offers approximately 1,024 heated square feet with a spacious layout and several key improvements already in place. The HVAC system is approximately 4 years old, the windows have been replaced, and the bathroom has been remodeled with a convenient walk-in tub. Inside, you’ll find an eat-in kitchen, separate dining room, paneled walls, and an enclosed front porch that creates a great sunroom or additional flex space. The home does need exterior paint and some interior repairs, but at this price point, it offers an opportunity for an investor, renovator, or savvy buyer ready to roll up their sleeves and add value. Whe ther you’re looking for a potential rental, renovation project, or affordable home where sweat equity could go a long way, this one is worth a look. Bring your vision and put this $40,000 opportunity to work!

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Detail Ic Property Details

Property Type : Residential

Price : $40,000

AD Id : 87897480

MLS Id : 220073

Beds : 3

Lot Size : 0.23 Acre

Living Area Size : 1,024

Year Built : --

County : MOREHOUSE

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Basement: Crawl Space
  • Roofing Information

    Asphalt
  • Interior Features

    Ceiling Fan(s) Roof: Asphalt Appliances: Refrigerator, Range Hood, Dryer, Gas Water Heater Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric

  • Building Information

    Building Area Total: 1024 Construction Materials: Frame Stories: 1 Patio And Porch Features: None Private Pool: No

  • Lot Information

    Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 10018.8 Lot Description: Landscaped, Cleared

    Property Information

    Subdivision: OTHER Source Property Type: Residential Property SubType: Single Family Residence Levels: One

  • Listing Price Information

    Listing Price: $40000

  • Tax Information

    Parcel Number: 00602/008/0021A Tax Legal Desc: SEE PARCEL #00602/008/0021A OF MOREHOUSE PARISH TAX ASSESSOR

  • Homeowners Association Information
    Association Amenities: None

  • Utility Information

    Natural Gas Available, Natural Gas Connected
  • Location Information

    Direction: From W Madison turn on to Martin Luther King, then Lee Ave. There is no for sale sign but there is an address on the house. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2737 Hwy 165 S, Bastrop, LA, 71220 $595,000 4 4 4,024 4,024 SqFt
10449 Arkansas Street, Bastrop, LA, 71220 $189,900 3 2 2,266 2,266 SqFt
9421 Cooper Lake Road, Bastrop, LA, 71220 $45,000 3 1 1,331 1,331 SqFt
10336 State Street, Bastrop, LA, 71220 $189,000 3 2 1,706 1,706 SqFt
12278 Old Bonita Road, Bastrop, LA, 71220 $160,000 -- -- --
6703 Pete Montgomery Road, Bastrop, LA, 71220 $62,000 4 1 1,708 1,708 SqFt
5868 Mer Rouge Road, Bastrop, LA, 71220 $789,000 4 2 3,682 3,682 SqFt
609 Neptune Drive, Bastrop, LA, 71220 $235,000 3 2 2,100 2,100 SqFt
6217 Chris Road, Bastrop, LA, 71220 $74,900 3 2 1,950 1,950 SqFt
800 Orion Drive, Bastrop, LA, 71220 $184,900 3 2 1,877 1,877 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Northeast REALTORS® of Louisiana. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast REALTORS® of Louisiana. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 03:47

MLS: 220073 LISTED BY: Shelly Witherington, Vanguard Realty SOURCE: Northeast Louisiana Association of REALTORS

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