505 Thompson Loop
Lafayette, LA 70506
- 3 Beds
- 2 Baths
- 1,047 sqft
3 Beds
2 Baths
1,047 sqft
Home Value
Trulia Estimate
$151KSince last month
Increased$200 (+0.1%)Since last year
Decreased$1K (-0.7%)Since last sale
Increased$26K (+20.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +19% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $151K |
| July 2026 | $151K |
| June 2026 | $154K |
| May 2026 | $156K |
| April 2026 | $152K |
| March 2026 | $152K |
| February 2026 | $152K |
| January 2026 | $151K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | - | 09/19/25 | 2 | 1 | 1,001 | |
0.19 | Single-Family Home | - | 08/10/26 | 2 | 2 | 1,498 | |
0.44 | Single-Family Home | - | 04/23/26 | 3 | 2 | 1,388 | |
0.46 | Single-Family Home | - | 12/19/25 | 3 | 2 | 1,460 | |
0.28 | Single-Family Home | - | 03/30/26 | 3 | 2 | 1,870 | |
0.60 | Single-Family Home | - | 05/08/26 | 3 | 2 | 1,440 | |
0.52 | Single-Family Home | - | 06/26/26 | 3 | 2 | 1,441 | |
0.57 | Single-Family Home | - | 05/20/26 | 3 | 2 | 1,485 | |
0.41 | Single-Family Home | - | 02/03/26 | 3 | 2.5 | 2,160 | |
0.74 | Single-Family Home | - | 12/19/25 | 3 | 2 | 1,458 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $100,000 | 2 | 1 | 833 | Off Market | |
0.05 | $148,600 | 2 | 1 | 1,001 | Off Market | |
0.06 | $160,000 | 3 | 2 | 1,212 | For Sale | |
0.11 | $164,600 | 3 | 2 | 1,231 | Off Market | |
0.13 | - | 4 | 2 | 1,500 | Recently Sold | |
0.19 | - | 2 | 2 | 1,498 | Recently Sold | |
0.22 | - | 2 | 1 | 3,900 | Recently Sold | |
0.23 | $102,600 | 2 | 1.5 | 1,077 | Off Market | |
0.24 | $100,000 | 2 | 1.5 | 1,170 | For Sale | |
0.24 | $110,300 | 2 | 1.5 | 1,000 | Off Market | |
0.24 | $236,900 | 3 | 2 | 1,898 | Off Market | |
0.25 | $185,800 | 3 | 2 | 1,492 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1981
Living Area
1,047 sqft
Price/Sqft
$144
About this House
This single-family home is located at 505 Thompson Loop, Lafayette, LA. 505 Thompson Loop is in Lafayette, LA and in ZIP code 70506. This property has 3 bedrooms, 2 bathrooms and approximately 1,047 sqft of floor space. This property has a lot size of 5850 sqft and was built in 1981.
505 Thompson Loop, Lafayette, LA 70506 is a 3 bedroom, 2 bathroom, 1,047 sqft single-family home built in 1981. It last sold for $125,000 on May 26, 2020. More recently, it was listed as a rental in October 2023 with an asking price of $1,500 per month. That rental listing was removed on November 8, 2023. It is currently off market. The Trulia Estimate is $151,100, with a rent estimate of $1,369/month.
Home Details for 505 Thompson Loop
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Heating & Cooling Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Laminate |
Appliances & Utilities Cable ReadyDishwasherDisposalMicrowaveRefrigerator |
Interior Details Ceiling Fan |
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Exterior Home Features Roof: CompositionExterior: BrickPatioPorch |
Parking & Garage Parking Spaces: 4Parking: Carport |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 5850 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 8, 2023 Source: Zillow Rentals | ListingRemoved | |
Oct 8, 2023 Source: Zillow Rentals | Listed For Rent | $1,500 |
May 26, 2020 Source: RAA #20003093 | Sold | -- |
Apr 22, 2020 Source: Agent Provided | Pending | $129,900 |
Apr 15, 2020 Source: Agent Provided | Listed For Sale | $129,900 |
Jan 14, 2014 Source: N/A | Sold | -- |
Nov 13, 2013 Source: Agent Provided | Listed For Sale | $119,900 |
Jun 13, 2006 Source: N/A | Sold | -- |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,225 | $116,480 |
Home facts updated by county records
Market trends in Lafayette
Last updated July 2026
Avg. sale price
$230K
$1.82KMoM
Sale-to-List Price
99.3%
0.1%MoM
Price per sq ft
$138
$1MoM
Available listings
766
17MoM
Around this home
What Locals Say about Lafayette
At least 718 Trulia users voted on each feature.
87 % Say car is needed
81 % Say parking is easy
78 % Say it's dog friendly
75 % Say yards are well-kept
70 % Say there's holiday spirit
64 % Say kids play outside
61 % Say it's quiet
59 % Say there are sidewalks
57 % Say streets are well-lit
56 % Say people would walk alone at night
48 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
41 % Say it's walkable to grocery stores
38 % Say it's walkable to restaurants
31 % Say there's wildlife
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 505 Thompson Loop
- What is 505 Thompson Loop estimated to be worth?Trulia's estimated value for 505 Thompson Loop in Lafayette, LA is $151,100.
- What is the price history for 505 Thompson Loop?505 Thompson Loop in Lafayette, LA last sold in May 2020.
- Is Lafayette a buyer's or seller's market?Lafayette is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Lafayette?The median sale price in Lafayette is $230K. That is up $1.82K from the prior month.
- Does 505 Thompson Loop have air conditioning?Yes, 505 Thompson Loop in Lafayette, LA has air conditioning.
- How big is the lot at 505 Thompson Loop?The lot at 505 Thompson Loop in Lafayette, LA is about 0.13 acres (5,850 sq ft).

