Sold
Last List Price
22,215 Lot Size0.51 Acres

308 Monarch Rd, Unit 1, Lafayette, LA 70506

LandProperty Type
0.51 acresLot Size

Description

Ideal opportunity to build your forever home or add to your investment portfolio. These well-located lots offer great potential for personal use or future development. A smart choice for buyers looking for value and long-term growth. Lots are zoned MN-1Ideal opportunity to build your forever home or add to your investment portfolio. These well-located lots offer great potential for personal use or future development. A smart choice for buyers looking for value and long-term growth. Lots are zoned MN-1
  • Listed by: Jake Zimmerman 337.781.9733 jake@scoutrec.com • Scout Real Estate Co.
  • Listed by: Anthony D Moroux 337.257.8133 rex@scoutrec.com • Scout Real Estate Co.
Listing closed: 07/28/2025 12:00 AM • Source: RAA, MLS#: 2500000312
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Recent comparable sales

Median sold price

$24,000

Avg days on market

97

Sale-to-list ratio

87.3%

Lafayette, LA

9 comparable properties found

$25,000 | 308 Monarch Road, Unit 2, Lafayette, LA 70506
1/5
1

$25,000

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$25,000 | 602 Walker Road, Lafayette, LA 70506
1/5
2

$25,000

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$25,000 | 604 Walker Road, Lafayette, LA 70506
1/5
3

$25,000

Sold 07/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$30,000 | 1010 Surrey Street, Lafayette, LA 70501
1/3
4

$30,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.23
Acres
$35,000 | 1009 12th Street, Lafayette, LA 70501
1/6
5

$35,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres
$35,000 | 503 South Washington Street, Lafayette, LA 70501
1/8
6

$35,000

Sold 06/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
$25,000 | 308 Monarch Drive, Lafayette, LA 70506
1/5
7

$25,000

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$27,000 | 400 Blk Monarch, Lafayette, LA 70506
1/5
8

$27,000

Sold 06/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.31
Acres
$27,000 | 400 Monarch Drive, Lafayette, LA 70506
1/5
9

$27,000

Sold 06/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.31
Acres

Location

Listing Courtesy of Scout Real Estate Co.

Sold By Dream Home Realty, LLC

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Property Information for 308 Monarch Road, Unit 1

Property Details

  • MLS Type: Land / Commercial,Residential
  • Subdivision Name: Royal Town Gardens
  • Waterfront Features: Other
  • Zoning: MN-1

Building Information

  • Lot Size: 0.51 AC

Summary

Location and General Information
  • City: Lafayette
  • Coordinates: -92.040955, 30.235999
  • Directions: From University / Cameron St, head north on University Ave for 0.2 miles, turn left on Walker Rd for 0.5 miles, the lots will be on your right.
  • Latitude: 30.235999
  • Longitude: -92.040955
  • MLS Area Major: C
  • Absolute Longitude: 92.040955
  • Road Frontage Type: City Street
  • Road Surface Type: City Street
Taxes and HOA
  • Tax Legal Description: NEW LOT 82 ROYAL TOWN GARDENS EXT 2 PH I (66.67X200)
  • Tax Lot: 1
School Information
  • Elementary School District: Lafayette Parish
  • High School District: Lafayette Parish
  • Middle Or Junior School District: Lafayette Parish

Property

Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Features: Additional Land Available, Urban, 0.51 - 0.99 Acres
  • Lot Size Acres: 0.51
  • Lot Size Area: 22215.6
  • Lot Size Dimensions: irregular
  • Lot Size Square Feet: 22215.6
  • Lot Size Units: Square Feet
Property and Assessments
  • Documents Available: Legal Description
  • Exclusions: Other
  • Occupant Type: Vacant
  • Other Equipment: None
  • Parcel Number: 6062427
  • Possible Use: Business, Commercial, Industrial, Multi-Family, Office, Recreational, Single Family
  • Property Sub Type: Commercial,Residential
  • Property Type: Land
  • Restrictions: Other
  • Property Type: C
  • Mineral Rights: Conveyed
  • Sign On Property YN: No
Farm Information
  • Crops Included YN: No
Utilities
  • Electric On Property YN: Yes
  • Utilities: Electricity Available

Interior and Exterior Features

Exterior Features
  • Community Features: Park
  • Fencing: Other
  • Horse YN: No
  • Other Structures: Other

Property History for 308 Monarch Road, Unit 1

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Sold

RAA #2500000312

—
Jul 9, 2025

Contract Signed

RAA #2500000312

—
Jun 17, 2025

Listed (Active)

RAA #2500000312

$25,000—
DateEvent & SourcePrice
07/28/2025

Sold

RAA #2500000312

—
07/09/2025

Contract Signed

RAA #2500000312

—
06/17/2025

Listed (Active)

RAA #2500000312

$25,000

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

Schools near 308 Monarch Road, Unit 1

This home is within Lafayette Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
J. Wallace James Elementary School
PublicPK to 5

Scott Middle School
Public6 to 8

Acadiana High School
Public9 to 12

Myrtle Place Elementary School
PublicPK to 5

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 308 Monarch Road, Unit 1, Lafayette, LA 70506
$25,000
–
–
–
22,215
$48,000
–
–
–
13,939
–
–
–
–
13,939
$25,000
–
–
–
22,215
$25,000
–
–
–
22,215
–
–
–
1,633
20,473

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Scout Real Estate Co.

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.