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Single Family ResidenceResidential
$539,328$240 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

123 40TH ST

NEW ORLEANS, LA 70124
4
Beds
4
Baths
2,251 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
2008
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$539K
$491K low$588K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,776 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$43,760 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$34,160
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$43,760
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$437,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.9 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOrleans
Lot (acres)The size of the land the home sits on, from county records.0.11
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.None

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Mary Bethune Elementary Literature/TechnologyC-
Elementary · Grades PK–8 · 4.0 mi
M
Benjamin Franklin Elementary Math and ScienceC-
Middle · Grades PK–8 · 6.4 mi

District: Orleans Parish School District

Neighborhood · ZIP 70124These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.27

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.20,658
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,006 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$113,051
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$140,081
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.65 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

123 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 82% of homes in Orleans Parish County
  • Costs more per square foot than 71% of homes in Orleans Parish County
  • Bigger than 72% of homes in Orleans Parish County
  • Has a smaller lot than 77% of homes in New Orleans 70124
  • Newer than 93% of homes in Orleans Parish County

What homes are worth in New Orleans 70124

Each bar is how many homes fall in that price range. The marker is this home.

This home
$185K$1.4M

This home is worth more than 45% of homes in New Orleans 70124.

How it measures up in New Orleans 70124

The dot is this home. The mark in the middle is the typical home in New Orleans 70124.

Estimated value$539,328
CheaperTypical $574,877Pricier

Pricier than 45% of homes nearby

Price per ft²$240
CheaperTypical $252Pricier

Pricier than 38% of homes nearby

Living area2,251 ft²
SmallerTypical 2,296 ft²Bigger

Bigger than 48% of homes nearby

Lot size0.11 ac
SmallerTypical 0.14 acBigger

Bigger than 23% of homes nearby

Year built2008
OlderTypical 1965Newer

Newer than 78% of homes nearby

How 123 40th St ranks against every home in each area.
MeasureThis homeWest EndNew Orleans 70124Orleans Parish County
Estimated valuepricier than$539,32868% of homes45% of homes82% of homes
Price per ft²pricier than$24062% of homes38% of homes71% of homes
Living areabigger than2,251 ft²63% of homes48% of homes72% of homes
Lot sizebigger than0.11 ac45% of homes23% of homes48% of homes
Year builtnewer than200874% of homes78% of homes93% of homes

About 123 40th St

How much is 123 40th St, New Orleans, LA worth?

The TopHap Estimate for 123 40th St, New Orleans, LA is $539,328 as of Oct 21, 2026. The likely range is $491,135 to $587,521. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 123 40th St, New Orleans, LA last sell?

123 40th St, New Orleans, LA last sold on Mar 26, 2004, according to the county's recorded deed.

How big is 123 40th St, New Orleans, LA?

123 40th St, New Orleans, LA has 4 bedrooms, 4 bathrooms, 2,251 square feet of living space and a 0.11-acre lot.

When was 123 40th St, New Orleans, LA built?

123 40th St, New Orleans, LA was built in 2008, making it 18 years old. The building has 2 stories.

What schools serve 123 40th St, New Orleans, LA?

123 40th St, New Orleans, LA is assigned to Mary Bethune Elementary Literature/Technology (elementary), rated C-; Benjamin Franklin Elementary Math and Science (middle), rated C-. All sit in Orleans Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 123 40th St, New Orleans, LA compare to other homes in New Orleans 70124?

Among the 8,718 homes in New Orleans 70124, it is worth more than 45% of them ($539,328 against a typical $574,877), its price per square foot is higher than 38% of them ($240 against a typical $252), it is bigger than 48% of them (2,251 ft² against a typical 2,296 ft²), its lot is bigger than 23% of them (0.11 ac against a typical 0.14 ac) and it is newer than 78% of them (2008 against a typical 1965). Measured against all of Orleans Parish County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 123 40th St, New Orleans, LA?

The 2025 property tax bill for 123 40th St, New Orleans, LA was $5,776. The county assessed it at $43,760.

More homes on 40th St

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