RARE DEVELOPMENT & INVESTMENT OPPORTUNITY Near River Ranch ! Located in the heart of Lafayette Near River Ranch, this exceptional 1.59-acre property along the Vermilion River offers a rare opportunity for developers, investors, builders, or anyone seeking a private and secluded riverfront property in one of Lafayette's most desirable locations. The property offers the potential to be divided into two separate lots for development, subject to applicable zoning, subdivision requirements, permitting, and governmental approvals. This unique combination of acreage, river frontage, privacy, and premier location creates endless possibilities for development, investment, or a spectacular private riverfront estate. Conveniently located near River Ranch's shopping, dining, entertainment, schools, and amenities. Opportunities of this size and location are rarely available--bring your vision and explore the possibilities!
Lot/land
$1,600,000
121 Shipley Dr, Lafayette, LA 70503
--beds
--baths
1.59Acres
Unimproved Land
Built in ----
1.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Along the vermilion river
- 4 days
- 156
- 5
Zillow last checked:
Listing updated:
Listed by:
Nicholas A Lockett 225-936-2827,
Carter Roy Real Estate Group 337-465-9615
Source: RAA,MLS#: 2600008138
Facts & features
Property
Features
- Fencing: Chain Link,Partial
- Has view: Yes
- On waterfront: Yes
Lot
- Size: 1.59 Acres
- Features: Sloped, Views, Waterfront, Cul-De-Sac, Urban, City Lot
Details
- Parcel number: 6153070
- Zoning: Residential
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: Tarpy Estates
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $380,930
- Annual tax amount: $4,008
- Date on market: 8/30/2026
- Exclusions: None
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,007/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $1,600,000 |
Source: | ||
| 3/26/2019 | Sold | -- |
Source: Public Record Report a problem | ||
| 12/1/2008 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,008 +0.6% | $38,093 |
| 2023 | $3,984 0% | $38,093 |
| 2022 | $3,986 -0.3% | $38,093 |
| 2021 | $3,999 +0.3% | $38,093 |
| 2020 | $3,986 +4.3% | $38,093 |
| 2019 | $3,823 -1.7% | $38,093 |
| 2018 | $3,887 +0.1% | $38,093 |
| 2017 | $3,883 | $38,093 +43.7% |
| 2015 | $3,883 | $26,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 70503
Nearby schools
Schools provided by the listing agent
- Elementary: Broadmoor
- Middle: Edgar Martin
- High: Lafayette
Source: RAA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






