Active

10016 Mustang Circle

Keithville, Louisiana 71047

$270,000 $1,138/Mo

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Overview

Bed

Bath

2.40

Acres(Lot)

Description

Escape to the Country: Fully Leased Multi-Unit Gem on 2.39 Acres!!! Discover the perfect blend of rustic serenity and smart investing! Nestled just outside city limits, this peaceful 2.39-acre retreat offers wide-open spaces and mature trees, featuring a vintage 3-bedroom, 3-bathroom main home (1,674 sq. ft.) and 2 cozy guest suites. Whether you’re looking for a quiet homestead or a reliable addition to your portfolio, this property delivers immediate peace of mind. It is fully occupied through December 2027 with three wonderful tenants on 2-year leases. Enjoy country living with updated infrastructure, including a brand-new septic system installed in 2025. Easy Financing: Don’t let the unique setup worry you - we have a specialized lending partner ready to help.

Property Details

Property Type : Residential Income

Price : $270,000

AD Id : 74989554

MLS Id : 550562784

Beds : 6

Lot Size : 2.40 Acres

Year Built : 1978

Garage : 2

County : Caddo

Subdivision: Meadowlake Farms

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6 Window Features: Bay Window(s)

Bathroom Information

Total Baths: 4.5 Full Baths: 4 Half Baths: 1
Interior Features

Eat-in Kitchen

Appliances

Dishwasher,Electric Cooktop,Electric Range

Utilities

All Weather Road,Cable Available,Electricity Available,Electricity Connected
Cooling Features

Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 1 Fireplace Features: Wood Burning

Building Information

Built Year: 1978 Building Area Total: 1,674 Construction: Brick Roof Type: Composition
Exterior Features

Covered Patio/Porch

Foundation

Slab

Security Features

Fire Alarm
Patio And Porch

Covered

Fencing

Chain Link

Construction Materials

Brick

Lot Information

Lot Size (Acr): 2.3990 Lot Size Units: Acres Lot Size Square Feet: 104,500 Lot Size Source: Assessor Lot Features: Acreage
Property Information

Property Type: Residential Income Property Sub Type: Triplex Subdivision: Meadowlake Farms City: Keithville State: Louisiana Directions: See google Maps Property Status: Active Levels: One Property Age: 48 Year Built Details: Preowned

Listing Price Information

Original List Price: $270,000
Listing Information

Possession: Subject to Lease

Tax Information

Parcel Number: 161421006000300 Tax Legal Description: LOT 3, MEADOWLAKE FARMS UNIT 3. 161421-6-3. Tax Lot: 3 Unexempt Taxes: $1,997

Parking Information

Has Garage Garage Space: 2 Carport Spaces: 3 Parking: 6 Parking Features: Additional Parking,Attached Carport
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Caddo ISD Schools Middle School: Caddo ISD Schools High School: Caddo ISD Schools School District: Caddo PSB
Utility Information

Utilities: All Weather Road,Cable Available,Electricity Available,Electricity Connected

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ByOwner last updated this listing 06/10/2026 @ 12:49

MLS: 550562784 LISTED BY: Steven Futch, Real Broker, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information