Placido Bayou is a gated community comprising 361.61 acres. There are a total of 10 ponds within the boundaries of Placido Bayou. There are 636 homes and several preserve areas. In these areas, there are various kinds of wildlife and wild birds of all kinds.
As it was developed, Placido Bayou grew into eleven separate neighborhoods, designated alphabetically, A through J, with C being split into two separate neighborhoods, CI and CII. Neighborhoods CI, CII, and D are condominium associations, while the rest are homeowner associations, with all but Neighborhood H being single family homes.