501 Walter Drive, Lafayette, LA 70507 (MLS# 2500005710)

501 Walter Drive, Lafayette, LA 70507

New Listing
$235,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,750 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $235,000 List Date: 11/20/2025 Last Modified: 11/20/2025

Description

Qualifies for 100% financing through Rural Development!! Built in 2011, this custom traditional style home with French/Acadian influences blends modern design with thoughtful craftsmanship. Positioned on a large and desirable corner lot, it offers impressive curb appeal with wood-grain garage doors, arched front windows, and an extra-long driveway ideal for additional parking. Inside, the split floor plan features a spacious living room with 11-ft ceilings, laminate wood flooring, triple crown molding, built-ins, a beautiful brick gas fireplace, and surround sound—perfect for movie nights or entertaining. The primary suite includes a tray ceiling, bay window, and an ensuite bathroom designed for relaxation, featuring a deep air-jet tub with an arched ceiling detail, separate glass shower, double granite vanities, and generous storage with extra cabinetry. The kitchen is the heart of the home featuring a granite island with downdraft cooktop, wall oven and microwave, contemporary lighting, abundant cherry-wood cabinetry, and expansive counter space. The adjoining dining area creates a seamless flow for gatherings and everyday living. There is a bonus room off the kitchen by garage entry that can be used for a spacious home office, workout room or even just for extra storage. The laundry room is a great size with ample storage off the garage door for quick access upon entry. This property combines comfort, style, and functionality—ready for new owners. Schedule your tour today.

Supplements: ********

More Information MLS# 2500005710

Listing Info

Delayed Marketing: No List Price/SqFt: 134.29 Property Attached: No Document Modified: 2025-11-20 10:18:08.290718 Status: Active Listing Date: 2025-11-20 Listing Price: 235000 Current Price: $235,000 Type: Single Family Residence Modification Timestamp: 2025-11-20T16:27:09Z Photo Modified: 2025-11-20T16:18:08Z

Location, Tax & Legal Info

Flood Zone: X School District: Lafayette Parish Legal Desc: LOT 26 FAIRGROUND PLACE PHASE I (74.76 FT FRONT)

General Property Description

Approximate Age: 11 - 15 Years Lot Dimensions: irregular Stories: 1 SqFt - Living: 1750 SqFt - Source: Approximate Mineral Rights: Conveyed Assn Fee: Required Assn Fee $: 120 Assn Fee Terms: Yearly Property Condition: Resale Warranty: No Acreage Range: 0 - 0.5 Pool on Subject Property: No # Bedrooms: 3 Baths - Full: 2 Total Baths: 2 Year Built: 2011 Acres: 0.24

Remarks & Misc

Remarks: Qualifies for 100% financing through Rural Development!! Built in 2011, this custom traditional style home with French/Acadian influences blends modern design with thoughtful craftsmanship. Positioned on a large and desirable corner lot, it offers impressive curb appeal with wood-grain garage doors, arched front windows, and an extra-long driveway ideal for additional parking. Inside, the split floor plan features a spacious living room with 11-ft ceilings, laminate wood flooring, triple crown molding, built-ins, a beautiful brick gas fireplace, and surround sound—perfect for movie nights or entertaining. The primary suite includes a tray ceiling, bay window, and an ensuite bathroom designed for relaxation, featuring a deep air-jet tub with an arched ceiling detail, separate glass shower, double granite vanities, and generous storage with extra cabinetry. The kitchen is the heart of the home featuring a granite island with downdraft cooktop, wall oven and microwave, contemporary lighting, abundant cherry-wood cabinetry, and expansive counter space. The adjoining dining area creates a seamless flow for gatherings and everyday living. There is a bonus room off the kitchen by garage entry that can be used for a spacious home office, workout room or even just for extra storage. The laundry room is a great size with ample storage off the garage door for quick access upon entry. This property combines comfort, style, and functionality—ready for new owners. Schedule your tour today.

Office/Member/Contract Info

REO: No

Style

Traditional: 1

Siding

Brick: 1

Parking

Garage: 1 Garage Spaces: 2

Equipment

Garage Door Opener: 1

Road Frontage

City Street: 1 Paved: 1

Construction

Brick: 1

Foundation

Slab: 1

Exterior

Outside Light: 1

Fireplace

1 Fireplace: 1 Gas: 1 Gas Log: 1

Roof

Composition: 1

Heating

Central: 1

Interior

Attic Access: 1 Built-Ins: 1 Crown Molding: 1 Double Vanity: 1 Electric Dryer Con: 1 Electric Washer Con: 1 Kitchen Island: 1 Primary Bath: 1 Separate Shower: 1 Varied Ceiling Heights: 1 Walk-In Closet(s): 1 Window Treatments: 1

Cooling

Central Air: 1

Flooring

Carpet: 1 Tile: 1 Wood Laminate: 1

Sewer

Public Sewer: 1

Water Source

Public: 1 Water Company: Carencro

Appliances

Built-In Electric Oven: 1 Dishwasher: 1 Electric Cooktop: 1 Microwave: 1

Utilities

Elec: SLEMCO: 1 Gas: Atmos: 1

Countertops

Granite: 1

Rooms

Living Room: 1 Living Room Level: First

Documents

Property Disclosure: 1

Security Features

Smoke Detector(s): 1

Fencing

Full: 1 Wood: 1

Lot

Corner: 1

Window Features

Double Pane Windows: 1

Financing

Cash: 1 Conventional: 1 FHA: 1 Rural Development: 1 VA: 1

Reserved Item

Refrigerator: 1

HOA Includes

Insurance: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20251118221922932312 Originating System Listing ID: 2500005710 Originating System Name: RAA Flex

Location Tax Legal Info

Street Number: 501 Street Name: Walter St Suffix: Drive Parish: Lafayette State: LA Zip Code: 70507 Subdivision: Fairground Place Area: D Tax Assessment Number: 6121427 Zone: res Elementary School: Live Oak Middle School: Carencro High School: Carencro Directions: North on University, right on Gloria Switch, left on Walter Drive, home is on the right on corner lot.

Property Features

Style: Traditional Siding: Brick Parking: Garage Construction: Brick Foundation: Slab Road Frontage: City Street; Paved Roof: Composition Interior: Attic Access; Built-Ins; Crown Molding; Double Vanity; Electric Dryer Con; Electric Washer Con; Kitchen Island; Primary Bath; Separate Shower; Varied Ceiling Heights; Walk-In Closet(s); Window Treatments Fireplace: 1 Fireplace; Gas; Gas Log Flooring: Carpet; Tile; Wood Laminate Heating: Central Cooling: Central Air Appliances: Built-In Electric Oven; Dishwasher; Electric Cooktop; Microwave Countertops: Granite Rooms: Living Room Security Features: Smoke Detector(s) Fencing: Full; Wood Lot: Corner Exterior: Outside Light Window Features: Double Pane Windows Sewer: Public Sewer Water Source: Public Utilities: Elec: SLEMCO; Gas: Atmos HOA Includes: Insurance Reserved Item: Refrigerator Financing: Cash; Conventional; FHA; Rural Development; VA Documents: Property Disclosure; Property Disclosure

Room Information

Living Room Length: 22.80 Width: 14.00 Level: First Remarks: measurements are approximate
Listing Office: EXP Realty, LLC
Last Updated: November - 20 - 2025
501 Walter Drive, Lafayette, LA 70507- MLS# 2500005710
Broker Attribution: 337-522-7554

The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.