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Single Family ResidenceResidential
$274,144$77 / 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 97How 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

240 SPENCE RD

MONROE, LA 71203
4
Beds
3
Baths
3,555 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.
1 ac
Lot SizeThe size of the land the home sits on, from county records.
1975
Year BuiltThe year the home was originally built, according to county records.

Valuation

$274K
$265K low$283K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,393 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$5,410 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,910
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$4,759
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$54,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.53
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
39
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
99
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
77
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
6
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.1 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
CountyOuachita
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
East Ouachita Middle SchoolB-
Middle · Grades 6–8 · 1.1 mi
E
Swartz Lower Elementary School
Elementary · Grades PK–2 · 2.3 mi
H
Ouachita Parish High SchoolC-
High · Grades 9–12 · 6.5 mi

District: Ouachita Parish School District

Neighborhood · ZIP 71203These 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.96
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.115
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.37,775
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.307 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,226
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,062
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.57 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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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

240 Spence Rd 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 77% of homes in Monroe 71203
  • Costs less per square foot than 74% of homes in Monroe 71203
  • Bigger than 96% of homes in Ouachita Parish County

What homes are worth in Monroe 71203

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

This home
$25K$572K

This home is worth more than 77% of homes in Monroe 71203.

How it measures up in Monroe 71203

The dot is this home. The mark in the middle is the typical home in Monroe 71203.

Estimated value$274,144
CheaperTypical $177,503Pricier

Pricier than 77% of homes nearby

Price per ft²$77
CheaperTypical $101Pricier

Pricier than 26% of homes nearby

Living area3,555 ft²
SmallerTypical 1,694 ft²Bigger

Bigger than 95% of homes nearby

Lot size1 ac
SmallerTypical 1.02 acBigger

Bigger than 49% of homes nearby

Year built1975
OlderTypical 1978Newer

Newer than 44% of homes nearby

How 240 Spence Rd ranks against every home in each area.
MeasureThis homeMonroe 71203Ouachita Parish County
Estimated valuepricier than$274,14477% of homes75% of homes
Price per ft²pricier than$7726% of homes32% of homes
Living areabigger than3,555 ft²95% of homes96% of homes
Lot sizebigger than1 ac49% of homes47% of homes
Year builtnewer than197544% of homes49% of homes

About 240 Spence Rd

How much is 240 Spence Rd, Monroe, LA worth?

The TopHap Estimate for 240 Spence Rd, Monroe, LA is $274,144 as of Oct 21, 2026. The likely range is $265,472 to $282,816. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 240 Spence Rd, Monroe, LA last sell?

240 Spence Rd, Monroe, LA last sold on Jul 8, 2020, according to the county's recorded deed.

How big is 240 Spence Rd, Monroe, LA?

240 Spence Rd, Monroe, LA has 4 bedrooms, 3 bathrooms and 3,555 square feet of living space.

When was 240 Spence Rd, Monroe, LA built?

240 Spence Rd, Monroe, LA was built in 1975, making it 51 years old.

What schools serve 240 Spence Rd, Monroe, LA?

240 Spence Rd, Monroe, LA is assigned to East Ouachita Middle School (middle), rated B-; Swartz Lower Elementary School (elementary); Ouachita Parish High School (high), rated C-. All sit in Ouachita Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 240 Spence Rd, Monroe, LA compare to other homes in Monroe 71203?

Among the 12,194 homes in Monroe 71203, it is worth more than 77% of them ($274,144 against a typical $177,503), its price per square foot is higher than 26% of them ($77 against a typical $101), it is bigger than 95% of them (3,555 ft² against a typical 1,694 ft²), its lot is bigger than 49% of them (1 ac against a typical 1.02 ac) and it is newer than 44% of them (1975 against a typical 1978). Measured against all of Ouachita Parish County, it is worth more than 75% 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 240 Spence Rd, Monroe, LA?

The 2024 property tax bill for 240 Spence Rd, Monroe, LA was $3,393. The county assessed it at $5,410.

More homes on Spence Rd

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Assigned schools

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