305 Cougar Ridge

Sold 11/26/24
Sold 11/26/24
9-web-or-mls-Cougar Ridge-6
1-web-or-mls-Cougar Ridge Aerials-1
7-web-or-mls-Cougar Ridge-4
5-web-or-mls-Cougar Ridge-2
6-web-or-mls-Cougar Ridge-3
10-web-or-mls-Cougar Ridge-7
11-web-or-mls-Cougar Ridge-8
17-web-or-mls-Cougar Ridge-14
12-web-or-mls-Cougar Ridge-9
13-web-or-mls-Cougar Ridge-10
16-web-or-mls-Cougar Ridge-13
15-web-or-mls-Cougar Ridge-12
14-web-or-mls-Cougar Ridge-11
3-web-or-mls-Cougar Ridge Aerials-3
2-web-or-mls-Cougar Ridge Aerials-2
Last List Price
$249,000
5 beds2,579 sqft$97/sqft
305 Cougar Ridge, Lafayette, LA 70508

Description

Prime Investment Opportunity - Fully Occupied Tri-Plex in Lafayette, LA. Discover this incredible investment opportunity in the heart of Lafayette. Perfect for first-time investors, this fully occupied tri-plex offers immediate rental income with all units currently rented. Recently refreshed by the current owner, each unit is rent-ready. Situated in a desirable location close to shopping, dining, and entertainment, this property ensures high tenant demand. With two 2-bed/2-bath and one 1-bed/1-bath...Prime Investment Opportunity - Fully Occupied Tri-Plex in Lafayette, LA. Discover this incredible investment opportunity in the heart of Lafayette. Perfect for first-time investors, this fully occupied tri-plex offers immediate rental income with all units currently rented. Recently refreshed by the current owner, each unit is rent-ready. Situated in a desirable location close to shopping, dining, and entertainment, this property ensures high tenant demand. With two 2-bed/2-bath and one 1-bed/1-bath units, ample parking, and fenced outdoor spaces, this tri-plex is designed for tenant comfort and convenience. Lafayette's growing economy and vibrant community make it an ideal location for rental properties, promising both immediate cash flow and future appreciation. Don't miss out on this turnkey investmentcontact us today to schedule a viewing and start building your real estate portfolio! Don't miss out on this turnkey investmentcontact us today to schedule a viewing and start building your real estate portfolio!
LISTING CLOSED: 11/26/2024 12:00 AM

  1. Listed by Teresa W Rainey • Brokerage DRE #995694725 • Real Broker, LLC
    P: (337) 230-2271 teresajpastor@gmail.com

Property Details for 305 Cougar Ridge

Status
Sold
MLS #
24006937
Days on Market
96
Taxes
-
HOA Fees
$600 / year
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
-
Lot Size
-
County
Lafayette Parish
Subdivision Name
Oakcreek
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Real Broker, LLC

Sold By Keller Williams Realty Acadiana

Add your commute

Building Information for 305 Cougar Ridge

Stories2Residences3Year Built-Building Size-Lot Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,452 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,266

Property Taxes

$136

HOA Dues

$50

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 305 Cougar Ridge

Summary
Location and General Information
  • City: Lafayette
  • Coordinates: -92.005318, 30.170012
  • Directions: From Lafayette, take Pinhook towards Broussard. Turn right onto Sunstone Ave. Sunstone Ave turns right and becomes Row 4. Row 4 turns left and becomes Cougar Ridge. Complex is on the left.
  • Latitude: 30.170012
  • Longitude: -92.005318
  • MLS Area Major: O
  • Absolute Longitude: 92.005318
Parking
  • Carport YN: No
  • Garage YN: Yes
  • Parking Features: Parking Garage
  • Parking Total: 6.0
Taxes and HOA
  • Association Fee: $150
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Tax Legal Description: LOT 62 OAKCREEK SUB PHASE II(60X138.01X60X138.27)
  • Tax Lot: 62
School Information
  • Elementary School: Drexel
  • Elementary School District: Lafayette Parish
  • High School: Comeaux
  • High School District: Lafayette Parish
  • Middle Or Junior School: Broussard
  • Middle Or Junior School District: Lafayette Parish
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 2579.0
  • Building Area Units: Square Feet
  • Living Area: 2579.0
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Dimensions: 60 x 138.01 x 60 x 138.27
Property and Assessments
  • Number Of Buildings: 1.0
  • Number Of Units Leased: 2.0
  • Number Of Units Total: 3.0
  • Occupant Type: Tenant,Unit 1(Tenant),Unit 3(Tenant)
  • Other Equipment: Individual Meter
  • Parcel Number: 6014067
  • Property Condition: 41 - 50 Years
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Property Type: B
  • Mineral Rights: Conveyed
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Fiber Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, Wood Siding
  • Fencing: Privacy, Wood
  • New Construction YN: No
  • Roof: Composition
  • Stories: 2.0
Interior Features
  • Appliances: Dishwasher, Electric Range, Refrigerator, Gas Cooktop, Unit 2 Washer/Dryer
  • Bathrooms Full: 5.0
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Integer: 5.0
  • Bedrooms Total: 5.0
  • Cooling: Central Air, AC Unit(s)
  • Cooling YN: Yes
  • Flooring: Laminate, Other
  • Foundation Details: Slab
  • Heating: Central, Heat Unit(s)
  • Heating YN: Yes
  • Interior Features: Ceiling Fan(s), Unit 1(Dining Room), Unit 2(Dining Room), Unit 3(Dining Room)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup
Multi Family
Income & Expenses
  • Gross Income: $30,480
  • New Taxes Expense: $1,200
  • Operating Expense Includes: Utilities
  • Other Expense: $600
  • Income & Expenses: Current Monthly Income: $2,540
  • Income & Expenses: Current Occupancy %: $100
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity
  • Total Actual Rent: $2,540

Property History for 305 Cougar Ridge

DateEvent & SourcePriceAppreciation
Nov 26, 2024

Sold (Public Record)

Public Record #1547157478

—
Nov 26, 2024

Sold

RAA #24006937

—
Oct 27, 2024

Contract Signed

RAA #24006937

—
DateEvent & SourcePrice
11/26/2024

Sold (Public Record)

Public Record #1547157478

—
11/26/2024

Sold

RAA #24006937

—
10/27/2024

Contract Signed

RAA #24006937

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 305 Cougar Ridge

Taxable ValueLand$2,306Additions$16,380Total$18,686
Tax Record2025$1,628 ($136 / month)
Home Facts
Beds0Total Finished SqFt2,520 SqFtAbove Grade Finished SqFt2,520 SqFtLot Size7,841 SqFtStyleTownhouseYear Built1986CountyLAFAYETTEAPN6014067

Schools near 305 Cougar Ridge

This home is within Lafayette Parish School District.
Rating
School
Type
Grades
Distance
Ernest Gallet Elementary School
Public - PK to 5
Katharine Drexel Elementary School
Public - PK to 5
Broussard Middle School
Public - 6 to 8
O. Comeaux High School
Public - 9 to 12
Rating
School
Distance
Ernest Gallet Elementary School
PublicPK to 5

Katharine Drexel Elementary School
PublicPK to 5

Broussard Middle School
Public6 to 8

O. Comeaux High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 70508

$235,000 | 126 Brigante Place, Lafayette, LA 70508
1/23
New

$235,000

4
Bedrooms
2,287
Square Feet
0.25
Acres

126 Brigante Place, Lafayette, LA 70508

$330,000 | 304 Kings Cove Circle, Lafayette, LA 70508
1/19
Open: 8/16 01:00PM - 03:00PMNew

$330,000

3
Bedrooms
2,183
Square Feet
0.14
Acres

304 Kings Cove Circle, Lafayette, LA 70508

$99,900 | 2623 West Pinhook Road, Lafayette, LA 70508
1/2

$99,900

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres

2623 West Pinhook Road, Lafayette, LA 70508

$224,900 | 124 Fullerton Lane, Lafayette, LA 70508
1/29
New

$224,900

3
Bedrooms
1,307
Square Feet
0.05
Acres

124 Fullerton Lane, Lafayette, LA 70508

$135,000 | 111 Rural Street, Lafayette, LA 70508
Coming Soon

$135,000

3
Bedrooms
1,053
Square Feet
0.16
Acres

111 Rural Street, Lafayette, LA 70508

$335,000 | 123 Gatesmere Court, Lafayette, LA 70508
Coming Soon

$335,000

3
Bedrooms
1,798
Square Feet
0.21
Acres

123 Gatesmere Court, Lafayette, LA 70508

$279,000 | 414 Breemen Circle, Lafayette, LA 70508
1/27
Listed By Compass

$279,000

3
Bedrooms
1,683
Square Feet
0.16
Acres

414 Breemen Circle, Lafayette, LA 70508

$525,000 | 219 Harvest Creek Lane, Lafayette, LA 70508
1/38
Open: 8/15 11:00AM - 01:00PM

$525,000

4
Bedrooms
2,357
Square Feet
0.15
Acres

219 Harvest Creek Lane, Lafayette, LA 70508

$279,500 | 403 North Michot Road, Lafayette, LA 70508
1/22

$279,500

3
Bedrooms
2,550
Square Feet
0.53
Acres

403 North Michot Road, Lafayette, LA 70508

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 305 Cougar Ridge, Lafayette, LA 70508
$249,000
5
2,579
–
307 Cougar Ridge, Lafayette, LA 70508
–
–
–
3,724
8,276
301 Cougar Ridge, Lafayette, LA 70508
$192,000
–
–
3,600
–
304 Elks Cove, Lafayette, LA 70508
–
–
–
4,028
6,098
414 Vieux Orleans Circle, Lafayette, LA 70508
$212,000
–
–
2,200
–
306 Cougar Ridge, Lafayette, LA 70508
$144,000
–
–
2,470
8,712

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. 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. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.