Acreage, Historic
1950 Louisiana Farmhouse, 3 Cleared Acres, Dual Primary Layout — $120,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 3 cleared acres, 2312 sqft, 4BR dual-primary layout, front porch, 1950 build |
| Condition | 25% | 6 | Newer metal roof named; no HVAC/window dates; otherwise unknown systems |
| Price / Sq Ft | 15% | 8 | $52 listing vs $82 zip median — 37% below; thin 4-comp base, directional signal |
| Price vs. Market | 5% | 7 | $120K vs $193,916 median — ~38% below; thin 5-sale month, note rural land mix |
| Market Conditions | 5% | 7 | 45.7% price drops and 198 DOM vs 78 median signal clear buyer's market |
Three acres of cleared land in Red River Parish for $120,000. That number needs a second. Comparable sales in this zip code are averaging around $82 per square foot, and this house is listed at $52. On 2,312 square feet, that gap adds up fast. The market here is soft, buyer-side, with nearly half of active listings taking price cuts and homes sitting well over 150 days on average. This one has room to move.
The house itself is a 1950 build, four bedrooms, two baths, and the layout does something useful: two of those bedrooms are configured as primaries. That means two people or two households can have their own space without sharing a bathroom or a hallway. It works for a multigenerational setup, for an adult child moving back in, for a caregiver situation, for a second person who just needs their own room. One of the primaries has a walk-in closet. Two separate entrances make the arrangement more practical.
The front porch faces out over the acreage. That's the whole pitch, really. Three cleared acres means you can see what you own from where you sit. There's room for a garden, a shop, animals, or nothing at all except grass. The land is not wooded, not carved up, not covered in outbuildings you'd have to tear down. It's open.
The newer metal roof is a real thing. That's a significant cost you won't be facing. The honest caveat is that the listing says nothing about the HVAC, the windows, or the condition of the systems inside. You'd want to know all of that before closing, and a thorough inspection is non-negotiable here given the age of the build. Mineral rights are reserved by the seller, so those stay off the table.
What $120,000 gets you is a big old house on real land, already cleared, with a useful floor plan and a roof that's good to go. The rest is questions worth asking.
