This 1978-built home has been a fixture in the Park Forest neighborhood for decades. Most recently, it transitioned into a bank-owned (REO) property following a transfer in September 2025. This shift explains the aggressive listing price of $139,900, which is a massive discount compared to the neighborhood average.
| Year | Event | Detail |
| :--- | :--- | :--- |
| 1978 | Constructed | Original 3-bed, 2-bath build |
| 2025 | Ownership Change | Transferred to bank ownership |
| 2025 | Listed for Sale | Hit the market at $139,900 |
You’ll notice the annual taxes have been incredibly low—around $176. Just a heads-up: those taxes might reset or adjust based on the new purchase price, so keep that in your budget.
Being priced at ~$91/sqft is a steal here. Comps in the area, like 3413 Casa Grande, have sold closer to $228,000. This property represents a classic "buy low" opportunity for a flip or a high-yield rental near the Amazon distribution center.
3405 Casa Grande Dr, Baton Rouge Investment Report: Flip & Rental Analysis · Frontflip