827 Highway 850, Grayson, LA 71435
Property image
Property image
PENDING

$550,000

  • Studio

827 Highway 850, Grayson, LA 71435

Est. Mortgage $3,182/mo*
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Home Highlights

Multi-Family

Local Information

  • Map ViewExplore the area around 827 Highway 850.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Current gross monthly income is over $6,000 with room for future growth. Whether you’re expanding an existing portfolio or seeking steady cash flow, this diverse group of single-family homes, manufactured homes, and RV lots provides an excellent return and long-term investment potential. 827 & 831 Hwy 850, Grayson: Two homes on roughly 1 acre, each renting for $800/month. 156 Magnolia Dr, Clarks: 3 BR/2 BA 2004 Legend Tradition double-wide on about ½ acre, renting for $650/month. 122 Sixth St, Clarks: Two-story 3 BR/2 BA home, $700/month. 550 Hwy 850, Grayson: Single-story brick 3 BR/2 BA (approx.), single-car carport, $875/month. 6765 Hwy 126 W, Grayson: 3 BR/2 BA wood-frame home with carport & outside storage, $850/month. 660 Rodeo Rd, Columbia: 2017 Clayton Mobile Home, 3 BR/2 BA single-wide with front porch, $885/month. 114 Ray St, Columbia: 2020 Cappaert Big Foot Mobile Home, 3 BR/2 BA, $800/month. 116 Ray St, Columbia: Two developed RV lots, one currently rented for $500/month.
Last check for updates: about 9 hours ago
Listing courtesy of Harrison Lilly
Harrison Lilly
Kelsea Hebert
Harrison Lilly
Source: NELAR, MLS#216387
Also Listed on NELAR.

Home Details for 827 Highway 850

Interior Features

Interior Details
Basement: Crawl Space
Appliances & Utilities
Utilities: Natural Gas ConnectedAppliances: Dishwasher, Gas Range, Gas Water Heater, Electric Water HeaterDishwasherLaundry: Common Area,In Unit,Washer/Dryer Connect
Heating & Cooling
Heating: Natural Gas,ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: OneHas a Fireplace
Gas & Electric
Electric: Separate Meters, Electric Company: EntergyGas: Natural Gas, Gas Company: Other

Exterior Features

Exterior Home Features
Roof: OtherPatio / Porch: Porch Open, Porch CoveredFoundation: SlabNo Private Pool
Water & Sewer
Sewer: Public Sewer, Septic Tank

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Mobile Home, Multi Family
Building
Construction Materials: Brick Veneer, Vinyl Siding
Property Information
Parcel Number: 32023705

Price & Status

Price
List Price: $550,000

Active Status

MLS Status: ACTIVE-PENDING

Location

Direction & Address
City: GraysonCommunity: Other

Agent Information

Listing Agent
Listing ID: 216387

Miscellaneous

Mls Number: 216387

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Market trends in Grayson

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
8
2
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
4.94
Multi-Family Home
-
03/20/26
3
-
1,216

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
0.07
-
3
2
1,835
Recently Sold
0.37
$123,000
2
2
1,045
For Sale
0.37
$163,400
3
1
1,693
Off Market
0.37
-
-
-
-
Off Market
0.37
-
-
-
-
Recently Sold
0.37
$471,700
4
3
2,740
Off Market
0.54
$210,000
3
2
1,769
For Sale
0.55
$286,400
4
3
3,432
Off Market
0.63
$269,900
3
2
3,047
For Sale
0.65
-
-
-
-
Recently Sold
0.65
-
-
-
-
Recently Sold
0.66
-
-
-
-
Recently Sold

Price and Tax history

DateEventPrice
Aug 8, 2026
Source: NELAR #216387
Pending
$550,000
Jun 29, 2026
Source: NELAR #216387
PriceChange
$550,000
Price decreased by 2%
May 26, 2026
Source: NELAR #216387
PriceChange
$560,000
Price decreased by 3%
May 5, 2026
Source: NELAR #216387
PriceChange
$579,000
Price decreased by 3%
Apr 29, 2026
Source: NELAR #216387
PriceChange
$599,000
Price decreased by 3%

LGBTQ Local Legal Protections

Harrison Lilly, Harrison Lilly
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Frequently asked questions about 827 Highway 850

  • What is the estimated monthly payment for 827 Highway 850?
    Based on a $550,000 list price with 20% down at today's rates, the estimated monthly payment for 827 Highway 850 in Grayson, LA is approximately $3,217 (about $2,995 principal & interest, $147 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 827 Highway 850?
    The closest schools to 827 Highway 850 in Grayson, LA are Caldwell Parish High School (rated 3/10), Caldwell Parish Junior High School (rated 4/10), Columbia Elementary School (rated 3/10).
  • Does 827 Highway 850 have air conditioning?
    Yes, 827 Highway 850 in Grayson, LA has air conditioning.
  • Does 827 Highway 850 have laundry facilities?
    Yes, 827 Highway 850 in Grayson, LA has laundry facilities.
827 Highway 850, Grayson, LA 71435 is a studio multi-family. This property is currently available for sale and was listed by NELAR on Sep 11, 2025. The MLS # for this home is MLS# 216387.