Active

$210,000

10480 Lee Settlement Rd, Folsom, LA 70437

4beds

2,052sqft

Est.:

Single Family Residence

Built in 2000

-- sqft lot

$-- Zestimate^®

$102/sqft

$-- HOA

What's special

Well-maintained homeFunctional kitchenSpacious open floor plan

MAY QUALIFY FOR 3.5% DOWN FHA LOAN! Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!

16 hours

48

1

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Lower
Dimensions: 10x10

Bedroom

Level: Lower
Dimensions: 9x9

Bedroom

Level: Lower
Dimensions: 9x9

Bedroom

Level: Lower
Dimensions: 9x9

Dining room

Level: Lower
Dimensions: 11x16

Living room

Level: Lower
Dimensions: 10x14

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator

Features

Jetted Tub
Windows: Screens
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,052
Total interior livable area: 2,052 sqft

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Pool features: None
Has spa: Yes

Lot

Dimensions: 150 x 410 x 784 x 150 x 749 x 668
Features: 1 to 5 Acres, Outside City Limits

Details

Parcel number: 17041
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Modular/Prefab
Property subtype: Single Family Residence

Materials

Modular/Prefab, Vinyl Siding
Foundation: Raised
Roof: Metal

Condition

Very Good Condition
Year built: 2000

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Not a Subdivision

HOA

Has HOA: No
HOA name: N/A

Location

Region: Folsom

Financial & listing details

Price per square foot: $102/sqft
Tax assessed value: $74,700
Annual tax amount: $926
Date on market: 5/14/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,987/mo

Price history

Date	Event	Price
5/14/2026	Listed for sale	$210,000$102/sqft
Source: GSREIN #2558150 Report a problem
4/5/2026	Listing removed	$210,000$102/sqft
Source: Latter and Blum #2495019 Report a problem
9/11/2025	Price change	$210,000+14900%$102/sqft
Source: GSREIN #2495019 Report a problem
9/6/2025	Pending sale	$1,400-99.3%$1/sqft
Source: Latter and Blum #2515809 Report a problem
9/6/2025	Listing removed	$1,400$1/sqft
Source: GSREIN #2515809 Report a problem
8/7/2025	Listed for rent	$1,400$1/sqft
Source: GSREIN #2515809 Report a problem
4/4/2025	Listed for sale	$210,000+14900%$102/sqft
Source: GSREIN #2495019 Report a problem
4/1/2025	Listing removed	$1,400$1/sqft
Source: Latter and Blum #2489214 Report a problem
3/15/2025	Pending sale	$1,400+16.7%$1/sqft
Source: Latter and Blum #2489214 Report a problem
3/15/2025	Listing removed	$1,400$1/sqft
Source: GSREIN #2489214 Report a problem
3/3/2025	Listed for rent	$1,400$1/sqft
Source: GSREIN #2489214 Report a problem
3/7/2024	Listing removed	$1,200$1/sqft
Source: Latter and Blum #2437239 Report a problem
3/5/2024	Pending sale	$1,200-98.7%$1/sqft
Source: Latter and Blum #2437239 Report a problem
3/1/2024	Sold	--
Source: GSREIN #2436631 Report a problem
4/11/2022	Sold	--
Source: Public Record Report a problem
3/2/2022	Price change	$90,000-9.5%$44/sqft
Source: GSREIN #2328972 Report a problem
1/27/2022	Price change	$99,500-17.1%$48/sqft
Source: GSREIN #2328972 Report a problem
1/17/2022	Listed for sale	$120,000$58/sqft
Source: GSREIN #2328972 Report a problem
12/22/2021	Listing removed	--
Source: GSREIN #2320304 Report a problem
10/26/2021	Listed for sale	$120,000$58/sqft
Source: GSREIN #2320304 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$926 +76%	$7,470 +82.4%
2024	$526 +145991.7%	$4,096 -0.8%
2023	$0	$4,127
2022	--	$4,127
2021	--	$4,127
2020	--	$4,127 -8.3%
2019	--	$4,501
2018	--	$4,501 +2.9%
2017	$658 -0.4%	$4,374
2016	$661 +1.8%	$4,374 +3.5%
2015	$649 +0.9%	$4,226
2014	$644 +0.5%	$4,226
2013	$641	$4,226 -2.9%
2012	--	$4,350

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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