Acreage, Fireplace
1980 Oak Grove Ranch on a Full Acre with Outbuildings — $145,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1 acre lot, 1516 sqft, outbuildings, fireplace, acreage floor qualifier met |
| Condition | 25% | 7 | Fresh paint and new flooring in key rooms; 1980 build, no system dates named |
| Price / Sq Ft | 15% | 5 | Listing $96/sqft; zip median unavailable — neutral score applied |
| Price vs. Market | 5% | 7 | $145K vs $191,917 median — approximately 24% below zip median |
| Market Conditions | 5% | 8 | Strong buyer's market — 90.1% sale-to-list, 24.8% price drops, 56-day median DOM |
The price is the first thing worth sitting with. At $145,000, this house is about 24% below the zip code median, which in a buyer's market with 25% of listings taking price cuts means you have real room to negotiate if you want it. That gap between asking price and what comparable homes are moving for is the story here, more than anything inside the walls.
The house itself is a 1980 ranch, 1,516 square feet, three bedrooms and one bath on a full acre in Oak Grove. Fresh paint and new flooring went into the den, kitchen, breakfast room, and primary bedroom, so those spaces look clean and recent. The rest of the house is a 1980 build with no system dates listed anywhere in the description, which means the HVAC, roof, plumbing, and electrical are all unknown quantities. That is the plainest way to say it: budget for inspections and budget for surprises.
The den has an electric fireplace, which is low-maintenance and functional. The bedrooms have large closets. There is a back porch that looks out over a tree-shaded backyard, which in Louisiana summer carries real value. A portable building and a storage shed are included, so you have somewhere to put tools, lawn equipment, or whatever a household accumulates.
One acre in a rural parish gives you room. A garden, a dog run, space between you and the road. The lot is what makes this a different kind of purchase than a small-town house on a tight parcel. If you want land to use, this has it.
The one-bathroom situation is real. Three bedrooms and one bath is tight for a full family, and there is nothing in the listing that suggests a second bath is easy to add. That is the clearest limitation of the floor plan.
At $145,000 with a full acre, outbuildings, and recent cosmetic updates, you are buying a livable house in a price range that leaves money for the unknowns. That is what the number makes possible.
