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$589,000

NAL Estimated Property Value

10220 Thornapple, Oil City, LA, 71061

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.5 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesDishwasher, Electric Oven, Electric Water Heater, Refrigerator

Exterior

Exterior FeaturesDock
Lot Size8 acres

Land Information

APN211634-000-0023-00
SubdivisionT 21 N, R 16 W
Land UseOther / Unknown
Legal Description8.0 ACS. M/L- A TRT. OF LAND IN S/2 OF NE/4 OF SE/4 & N/2 OF SE/4 OF SE/4 OF SEC. 34-21-16. 211634-0-23
Census Tract024900
Assessed Land Value$863
Assessed Improvement Value$11,339
Assessment Year2025

About this property

Waterfront Living on Caddo Lake with plenty of room for the whole family! Open concept loft with extra beds and room for more or easily converted to a third bedroom. Enjoy peaceful lakefront living on beautiful Caddo Lake! This newer-built barndominium sits on 8 acres and features an open-concept layout with 2 bedrooms, loft, and 2.5 baths. Spacious living, dining, and kitchen areas offer great natural light and functionality. Relax on the covered back porch overlooking the water, or head down to the private pier for fishing and boating. Plenty of room to expand, explore, or enjoy as a full-time home or weekend retreat. A rare opportunity for privacy, acreage, and waterfront views all in one!

Investor Tools

Property Icon
$589,000
Estimated Property Value
$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,965
$12,202
2025
$863
$11,339
$121,687
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,965
$12,202

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$857/mo
N/A
+$857/mo
1.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore LA Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Oil City

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10220 Thornapple | Property Details | No Agent List