$74,999
Lafayette, LA 70501
MLS# 2600006825
Status: Pending
1 beds | 2 baths
1 / 17
Property Description
Discover a rare opportunity in the gated River Trace condominium community--Unit 31, a two-story, 1-bedroom, 1.5-bath condo spanning approximately 1,119 sq ft, built in 1983 and listed for $79,999. This unit is ideal for first-time homebuyers or savvy investors seeking a charming home with tremendous upside potential. Step inside to find soaring ceilings, a cozy wood-burning fireplace, and seamless indoor-outdoor living with both a private balcony and a spacious patio--perfect for morning coffee or evening relaxation. While the carpet needs replacement and some TLC, the solid bones and layout offer a canvas for personalization and value enhancement. The $245/month HOA delivers exceptional value, covering: Homeowners insurance Roof repair or replacement as needed Exterior siding repair, replacement, and painting Exterminator services This comprehensive coverage means you can focus on interior updates and design, while the HOA handles major exterior maintenance and protection. Located in the desirable River Trace subdivision, this condo offers both convenience and community. Nearby, you'll find the Oakbourne Country Club, adding recreational appeal, and the area is well-connected to local amenities and schools. Whether you're looking to make this your first home or add a high-potential property to your investment portfolio, Unit 31 offers affordability, structural peace of mind, and a strong foundation for future equity.
Details
Status Change Information
Projected Closing Date: 2026-10-16
Status Change Timestamp: 2026-09-28
Purchase Contract Date: 2026-09-28
Delayed Marketing: No
Address
Parish or County: Lafayette
MLS Area Major: H
Street Number: 3500
Street Direction Prefix: E
Street Name: Simcoe
Street Suffix: Street
Unit Number: 31
State: LA
Postal Code (Zip): 70501
Directions: From I-49 South, continue onto the Evangeline Thruway. Turn left onto East Pinhook Road, then turn right onto East Simcoe Street. Continue approximately 1.5 miles. River Trace Condominiums will be on the right, just before Oakbourne Country Club. Enter through the security gate and continue straight toward the rear of the community and take a R then L. Unit #505 will be located on the right
Parcel Number: 6018877
Contract
Current Price: $74,999
Original List Price: 79999
Status: Pending
Listing Contract Date: 2026-07-23
List Price: $74,999
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Vacant
Common Interest: Condominium
List Price/SqFt: 67.02
Interior
Bedrooms Total: 1
Bathrooms Total: 2
Bathrooms Full: 1
Bathrooms Half: 1
Living Area: 1119
Living Area Units: Square Feet
Living Area Source: Owner
Fireplace YN: Yes
Fireplaces Total: 1
Building
Year Built: 1983
Approximate Age: 41 - 50 Years
Property Attached YN: Yes
Lot
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: see tax assessor's site
Pool Private YN: No
Waterfront YN: No
Remarks
Public Remarks: Discover a rare opportunity in the gated River Trace condominium community--Unit 31, a two-story, 1-bedroom, 1.5-bath condo spanning approximately 1,119 sq ft, built in 1983 and listed for $79,999. This unit is ideal for first-time homebuyers or savvy investors seeking a charming home with tremendous upside potential.
Step inside to find soaring ceilings, a cozy wood-burning fireplace, and seamless indoor-outdoor living with both a private balcony and a spacious patio--perfect for morning coffee or evening relaxation. While the carpet needs replacement and some TLC, the solid bones and layout offer a canvas for personalization and value enhancement.
The $245/month HOA delivers exceptional value, covering:
Homeowners insurance
Roof repair or replacement as needed
Exterior siding repair, replacement, and painting
Exterminator services
This comprehensive coverage means you can focus on interior updates and design, while the HOA handles major exterior maintenance and protection.
Located in the desirable River Trace subdivision, this condo offers both convenience and community. Nearby, you'll find the Oakbourne Country Club, adding recreational appeal, and the area is well-connected to local amenities and schools.
Whether you're looking to make this your first home or add a high-potential property to your investment portfolio, Unit 31 offers affordability, structural peace of mind, and a strong foundation for future equity.
Land Details
Mineral Rights: Conveyed
Utility Providers
Electric Provider: City
Water Provider: City of Lafayette
Originating Details
Originating System ID: M00000300
Originating System Key: 20260723192135120916
Originating System Listing ID: 2600006825
Originating System Name: RAA Flex
Listing Information
Price Change Timestamp: 2026-09-09T21:02:27Z
Property Sub Type: Condominium
Tax Legal
Subdivision Name: Not a Subdivision
Property Features
Utilities: Cable Available; Cable Available
Appliances: Built-In Electric Oven; Dishwasher; Dryer; Electric Cooktop; Electric Stove Connection; Ice Maker; Refrigerator; Washer
Architectural Style: Split Level; Traditional
Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Management; Pest Control
Construction Materials: HardiPlank Type; Stucco
Cooling: Ceiling Fan(s); Central Air; Multi Units
Fencing: Wood
Fireplace Features: Wood Burning
Flooring: Carpet; Tile
Foundation Details: Slab
Heating: Central
Interior Features: Crown Molding; High Ceilings; Laminate Counters; Pantry; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms (Financing): Cash; Conventional; VA Loan
Lot Features: Commons
Parking Features: Assigned
Patio And Porch Features: Balcony; Open
Security Features: Gated Community
Sewer: Public Sewer
Structure Type: Multi Family
Water Source: Public
Window Features: Skylight(s)
Showing Requirements: Appointment Only; Lockbox; Show Anytime; Showing Service
Listing Office: Epique Realty
Office Phone: 888-893-3537
Office Email: LaBroker@EpiqueRealty.com
Last Updated: November - 03 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
888-893-3537
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
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. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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