Home for Sale at 0 Cook, Bernice, LA 71222

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0 Cook
Bernice, LA 71222

David Hooper with East Bank Real Estate, original listing - (318) 658-0345

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Property Details

List Price:	$386,250
Beds:	--
Baths:	--
Status:	Active
SqFt:	0 Square Feet
Agency:	East Bank Real Estate
Agency Phone:	(318) 658-0345

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Description/Comments

Lot Size:	103 acre(s)
Property Type:	Land-Unimproved Land
Year Built:	--
Notes:	This 103 acre recreational timber property in Lillie, LA offers a combination of seclusion, accessibility and usability. Situated just off Cook Road on a quiet dead-end street, the land offers over 3,300 feet of road frontage and is just a rocks throw from Highway 167, making it easy to reach while still offering the privacy of rural acreage.<br /> <br /> Whether you're looking to invest in timberland, build your primary residence, or develop a recreational getaway, this tract checks all the boxes.<br /> <br /> Property Highlights:<br /> Size: 103 acres with gently rolling terrain.<br /> Timber: The property features a healthy stand of 6-year-old planted pine, ideal for future timber harvests. This is a solid long-term investment with potential returns as the trees mature.<br /> Water Features: There are two ponds on the property perfect for fishing,<br /> Utilities: City water and electricity are available at the road, simplifying future development or improvements.<br /> Location Benefits:<br /> Just off Cook Road on a dead-end street—peaceful, low-traffic, and ideal for privacy.<br /> Less than 9 miles south of the Arkansas line, and just 25 miles north of Ruston<br /> Uses & Potential:<br /> Recreational Property: Hunt, fish, ride, hike, or build your dream cabin. The mix of timber, ponds, and open areas offers year-round enjoyment.<br /> Development Potential: With extensive road frontage and utilities nearby, the seller is willing to subdivide—opening doors for multiple buyers and opportunities.
MlsNumber:	--
ListingId:	20968203

Listing Provided By:	East Bank Real Estate, original listing
Phone:	(318) 453-9101
Office Phone:	(318) 658-0345
Agent Name:	David Hooper
Disclaimer:	Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

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The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

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Property Details

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Description/Comments

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Foreclosure Listings Increasing