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3 Beds
1 Bath
1,024 sqft

$40,000

1406 LEE AVENUE, Bastrop LA, 71220

Price per sqft$39.06
Property size1,024 sqft
Property typeResidential

Overview

Active

Listed Jul 10, 2026

Updated Sep 11

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!

$266/mo

Est. mortgage payment based on a $40,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220073

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Courtesy of Shelly Witherington, Vanguard Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor John Michael Sampognaro shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

IDX information is provided exclusively for the consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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