Don't miss this opportunity to build multi family housing across the street from Thomas Assembly Center on La Tech campus. There are 3 apartment complexes within sight of this building site and within walking distance to sporting events and class at LA Tech university. This property has 208 ft of road frontage. The flat portion of the property is in the back near the cul de sac. This parcel includes Penny Lane RD and a portion of the cul de sac. Creek is in the front of the property. Check out the video showing in the virtual tour link. Zoned R3 for multi family housing. Zoning requirements are in associated docs for agent access. House is adjacent to the property and does not sell with this investment property. Seller has pulled permits to complete dirt work by September 2024.
Sold
Price Unknown
Penny Ln, Ruston, LA 71270
--beds
--baths
--sqft
Multi Family, Unimproved Land
Built in ----
-- sqft lot
$259,200 Zestimate®
$--/sqft
$1,123 Estimated rent
Home value
$259,200
Estimated sales range
Not available
$1,123/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Robyn Brown,
Heritage Realty Group, LLC
Bought with:
MLS NON
NON MLS
Source: NELAR,MLS#: 206992
Facts & features
Property
Features
- Fencing: None
- Waterfront features: None
Lot
- Size: 2.35 Acres
- Dimensions: 208 x 290 x 362 x 105
- Features: Cul-De-Sac
Details
- Parcel number: 22183138170
- Zoning: r3
- Zoning description: r3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Unimproved Land
Utilities & green energy
- Gas: Available
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available, Electricity Available
Community & HOA
Community
- Subdivision: Other
Location
- Region: Ruston
Financial & listing details
- Annual tax amount: $2,022
- Date on market: 9/19/2025
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | -- |
Source:  NELAR #206992 Report a problem | ||
| 2/21/2024 | Price change | $250,000-5.7% |
Source: NELAR #206992 Report a problem | ||
| 8/16/2023 | Listed for sale | $265,000 |
Source: NELAR #206992 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 71270
Nearby homes
- $--2 bd2 ba1.1k sqft209 Penny Ln #3, Ruston, LA 71270Off Market
- $--3 bd2 ba1.5k sqft209 Penny Ln #5, Ruston, LA 71270Off Market
- $--2 bd2 ba1.1k sqft209 Penny Ln #6, Ruston, LA 71270Off Market
- $--2 bd2 ba1.1k sqft209 Penny Ln #2, Ruston, LA 71270Off Market
- $--3 bd2 ba1.5k sqft209 Penny Ln APT 1, Ruston, LA 71270Off Market
- $--2 bd2 ba1.1k sqft307 Penny Ln #7, Ruston, LA 71270Off Market
- $--2 bd2 ba1.1k sqft307 Penny Ln #3, Ruston, LA 71270Off Market
- $--3 bd2 ba1.5k sqft307 Penny Ln #5, Ruston, LA 71270Off Market
Nearby schools
GreatSchools rating
- 6/10Cypress Springs Elementary SchoolGrades: 3-5Distance: 0.9 mi
- 4/10I.A. Lewis SchoolGrades: 6Distance: 1.2 mi
- 8/10Ruston High SchoolGrades: 9-12Distance: 0.7 mi
Sell for more on Zillow
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$259,200
2% more
+$5,184
With Zillow Showcase(estimated)
$264,384
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