INVESTMENT OPPORTUNITY AT JUST $40,000! Looking for an affordable addition to your rental portfolio or your next value-add project? This 3-bedroom, 1-bath frame home in Bastrop offers approximately 1,024 heated square feet with a spacious layout and several key improvements already in place. The HVAC system is approximately 4 years old, the windows have been replaced, and the bathroom has been remodeled with a convenient walk-in tub. Inside, you’ll find an eat-in kitchen, separate dining room, paneled walls, and an enclosed front porch that creates a great sunroom or additional flex space. The home does need exterior paint and some interior repairs, but at this price point, it offers an opportunity for an investor, renovator, or savvy buyer ready to roll up their sleeves and add value. Whether you’re looking for a potential rental, renovation project, or affordable home where sweat equity could go a long way, this one is worth a look. Bring your vision and put this $40,000 opportunity to work!
For sale
$40,000
1406 Lee Ave, Bastrop, LA 71220
3beds
1,024sqft
Site Build, Residential
Built in ----
10,018 Square Feet Lot
$-- Zestimate®
$39/sqft
$-- HOA
What's special
Spacious layoutEat-in kitchenSeparate dining roomPaneled walls
- 57 days
- 72
- 3
Zillow last checked:
Listing updated:
Listed by:
Shelly Witherington,
Vanguard Realty,
Bo Witherington,
Vanguard Realty
Source: NELAR,MLS#: 220073
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Description: Floor: Vinyl Plank
- Level: First
- Area: 180.55
Bedroom
- Description: Floor: Vinyl Plank
- Level: First
- Area: 106.22
Bedroom 1
- Description: Floor: Linoleum
- Level: First
- Area: 147.84
Dining room
- Description: Floor: Linoleum
- Level: First
- Area: 127.68
Kitchen
- Description: Floor: Linoleum
- Level: First
- Area: 229.94
Living room
- Description: Floor: Linoleum
- Level: First
- Area: 149.34
Heating
- Natural Gas, Central
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Range Hood, Dryer, Gas Water Heater
Features
- Ceiling Fan(s)
- Windows: Double Pane Windows, All Stay
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Parking
- Parking features: Hard Surface Drv.
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Fencing: None
- Waterfront features: None
Lot
- Size: 10,018 Square Feet
- Features: Landscaped, Cleared
Details
- Parcel number: 00602/008/0021A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Site Build, Residential
Materials
- Frame
- Roof: Asphalt Shingle
Utilities & green energy
- Electric: Electric Company: Entergy
- Gas: Installed, Natural Gas, Gas Company: Atmos
- Sewer: Public Sewer
- Water: Public, Electric Company: City
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Other
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Bastrop
Financial & listing details
- Price per square foot: $39/sqft
- Tax assessed value: $11,009
- Annual tax amount: $146
- Date on market: 7/10/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$863/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $40,000$39/sqft |
Source:  NELAR #220073 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $146 +30.2% | $1,101 +34.1% |
| 2023 | $112 | $821 |
| 2022 | $112 -0.2% | $821 |
| 2021 | $112 +2% | $821 |
| 2020 | $110 +1.5% | $821 -0.8% |
| 2019 | $109 | $828 |
| 2018 | $109 | $828 |
| 2017 | $109 +130% | $828 |
| 2016 | $47 -21.5% | $828 -6.1% |
| 2015 | $60 -9.3% | $882 +0.2% |
| 2013 | $66 +0.9% | $880 |
| 2012 | $66 +14.1% | $880 |
| 2011 | $58 | $880 |
| 2010 | $58 | $880 |
Find assessor info on the county website
Monthly payment
Est. payment
