600 Claiborne Trails Dr · Slidell, LA 70458

$294,500

3 bd · 2.0 ba · 1,616 sqft · SingleFamily public records · 62 Days on market

Built 2022 $182/sqft · 12% below area Est $334k · 12% under $33/mo HOA · 2% of rent

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.8/15.0
• Cash flow +8.1/30.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• 1% rule +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this nearly new, beautifully maintained 3-bedroom, 2-bath home in Ashton Parc, just 4 years young and located in highly desirable flood zone X! With eye-catching curb appeal and thoughtful design throughout, this home offers both style and functionality. Step inside to a welcoming foyer with a spacious coat closet that opens into a bright living area featuring 10-foot ceilings, massive crown molding, and neutral vinyl plank flooring that flows seamlessly throughout the entire home--including all bedrooms. The kitchen is truly a chef's delight, complete with a huge breakfast bar, neutral 3-cm granite countertops, Frigidaire Gallery stainless steel appliances, a 5-burner gas range, a center island for added prep and serving space, and a convenient pantry. The dining area overlooks and leads directly to the backyard. The primary suite is privately located at the rear of the home, offering two large windows for abundant natural light. The ensuite bath features a deep soaking tub, separate stand-up shower, dual vanity with warm, rich cabinetry, a linen closet, and an impressive wall-length closet. This split floor plan offers added privacy, with two additional bedrooms, both with walk-in closets, an additional linen closet, and a shared bath that echoes the beautiful finishes found throughout. Enjoy a spacious laundry room with extra cabinetry and access to the 2-car garage. Outside, relax on the covered concrete patio overlooking a fully fenced backyard with a storage shed--perfect for entertaining or everyday living!

Key facts

• Bright living area
• Convenient pantry
• Huge breakfast bar

Tags

• BRIGHT LIVING AREA
• HUGE BREAKFAST BAR
• 3 CM GRANITE COUNTERTOPS
• 5 BURNER GAS RANGE
• CENTER ISLAND
• CONVENIENT PANTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $294k.

Deal economics

• At list price, monthly cash flow is $-294 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $242k (17.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (31.8% below list).
• Recommended offer: $201k (31.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.5%/yr); 489 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($277k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $200,925 (31.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.68% ✗
• Cap rate: 5.09%
• Cash-on-cash: -4.28%
• DSCR: 0.81
• GRM: 12.2

CMA / ARV

• ARV (median comp): $333,758
• List price: $294,500
• Delta: -11.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
555 Lenwood Dr	0.20mi	3/2.0	1,661 (+3%)	4mo	$200,000	$120	83
120 Pine Cir	0.21mi	4/2.0 (+1)	1,660 (+3%)	3mo	$216,800	$131	78
105 Heather Dr	0.26mi	3/2.0	1,450 (-10%)	0mo	$125,000	$86	71
208 N Queens Dr	0.50mi	3/2.0	1,570 (-3%)	2mo	$199,900	$127	70
106 Leonell Cir	0.37mi	3/2.0	1,500 (-7%)	2mo	$233,500	$156	69
300 Mansfield Dr	0.47mi	3/2.0	1,689 (+4%)	3mo	$284,000	$168	68
102 Eddie Dr	0.47mi	3/2.0	1,736 (+7%)	1mo	$265,000	$153	65
250 Whisperwood Blvd	0.22mi	3/2.0	1,835 (+14%)	2mo	$217,500	$119	65
344 Huntington Dr	0.66mi	3/2.0	1,603 (-1%)	3mo	$200,000	$125	65
113 Rooks Dr	0.64mi	3/2.0	1,564 (-3%)	1mo	$161,700	$103	64
119 Northwood Dr	0.62mi	4/2.0 (+1)	1,575 (-2%)	1mo	$190,000	$121	62
110 W Queens Dr	0.72mi	4/2.0 (+1)	1,704 (+5%)	2mo	$205,000	$120	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.47% rent growth · sell at horizon

5-year hold

• IRR: -25.1%
• Equity multiple: 0.16×
• Total profit: $-69,581
• Equity at exit: $43,911

10-year hold

• IRR: -26.1%
• Equity multiple: -0.18×
• Total profit: $-97,115
• Equity at exit: $25,463

Cash invested: $82,460 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70458

• Rents YoY: 1.5%
• Active inventory: 489
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $2,009 high
• Mortgage (P&I): −$1,544
• Tax from tax record: −$182 /mo · $2,179/yr
• Insurance: −$123
• HOA: −$33
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $-294

Break-even live

Break-even rent $2,382

Max offer price $242,499

Occupancy floor —

Sensitivity live

Price	-10% $-128	-5% $-211	+0% $-294	+5% $-378	+10% $-461
Rent	-10% $-453	-5% $-374	+0% $-294	+5% $-215	+10% $-136
Rate	-1.0pp $-146	-0.5pp $-219	base $-294	+0.5pp $-371	+1.0pp $-448

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $73,625
• Closing costs: $8,835
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
641 Haaswood Ln Slidell, LA	3.0	2.0	1721	$2,400	$1.39	44d	1	0.08mi
557 Claiborne Trails Dr Slidell, LA	3.0	2.0	1690	$2,300	$1.36	44d	1	0.12mi
101 Dante Cir Slidell, LA	4.0	2.0	1941	$1,950	$1.00	12d	1	0.28mi
107 Dixie Cir Slidell, LA	3.0	2.0	1609	$1,900	$1.18	44d	1	0.28mi
111 Heather Dr Slidell, LA	3.0	2.0	2112	$1,750	$0.83	44d	1	0.32mi
108 Ellwood Cir Slidell, LA	4.0	2.0	1517	$1,800	$1.19	4d	1	0.37mi
114 Meredith Dr Slidell, LA	3.0	2.0	1531	$1,650	$1.08	44d	1	0.37mi
100 Firwood Dr Slidell, LA	4.0	2.0	1649	$1,900	$1.15	44d	1	0.39mi
357 Mansfield Dr Slidell, LA	3.0	2.0	1400	$2,200	$1.57	44d	1	0.59mi
117 S Queens Dr Slidell, LA	4.0	2.0	1476	$1,800	$1.22	4d	1	0.61mi
542 Driftwood Cir Slidell, LA	4.0	2.0	1960	$2,100	$1.07	4d	1	0.97mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	4d	1	1.19mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	4d	1	1.19mi
4145 Saint Peter St Slidell, LA	3.0	2.0	1422	$2,000	$1.41	44d	1	1.26mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	24d	1	1.40mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	44d	1	1.40mi
62390 John Smith Rd Pearl River, LA	3.0	2.0	1913	$1,550	$0.81	44d	1	1.44mi

HOA detail

• Monthly dues: $33 · $396/yr
• Likely covers: gas

Listing history 13 events

1. 2026-04-29
   price $294,500 1550-char remark

   Show marketing remark (1550 chars)

   Welcome to this nearly new, beautifully maintained 3-bedroom, 2-bath home in Ashton Parc, just 4 years young and located in highly desirable flood zone X! With eye-catching curb appeal and thoughtful design throughout, this home offers both style and functionality. Step inside to a welcoming foyer with a spacious coat closet that opens into a bright living area featuring 10-foot ceilings, massive crown molding, and neutral vinyl plank flooring that flows seamlessly throughout the entire home--including all bedrooms. The kitchen is truly a chef's delight, complete with a huge breakfast bar, neutral 3-cm granite countertops, Frigidaire Gallery stainless steel appliances, a 5-burner gas range, a center island for added prep and serving space, and a convenient pantry. The dining area overlooks and leads directly to the backyard. The primary suite is privately located at the rear of the home, offering two large windows for abundant natural light. The ensuite bath features a deep soaking tub, separate stand-up shower, dual vanity with warm, rich cabinetry, a linen closet, and an impressive wall-length closet. This split floor plan offers added privacy, with two additional bedrooms, both with walk-in closets, an additional linen closet, and a shared bath that echoes the beautiful finishes found throughout. Enjoy a spacious laundry room with extra cabinetry and access to the 2-car garage. Outside, relax on the covered concrete patio overlooking a fully fenced backyard with a storage shed--perfect for entertaining or everyday living!

2. 2026-04-28
   price $294,500 1566-char remark

   Show marketing remark (1566 chars)

   Welcome to this nearly new, beautifully maintained 3-bedroom, 2-bath home in Ashton Parc, just 4 years young and located in highly desirable flood zone X! With eye-catching curb appeal and thoughtful design throughout, this home offers both style and functionality. Step inside to a welcoming foyer with a spacious coat closet that opens into a bright living area featuring 10-foot ceilings, massive crown molding, and neutral vinyl plank flooring that flows seamlessly throughout the entire home—including all bedrooms. The kitchen is truly a chef’s delight, complete with a huge breakfast bar, neutral 3-cm granite countertops, Frigidaire Gallery stainless steel appliances, a 5-burner gas range, a center island for added prep and serving space, and a convenient pantry. The dining area overlooks and leads directly to the backyard. The primary suite is privately located at the rear of the home, offering two large windows for abundant natural light. The ensuite bath features a deep soaking tub, separate stand-up shower, dual vanity with warm, rich cabinetry, a linen closet, and an impressive wall-length closet. This split floor plan offers added privacy, with two additional bedrooms, both with walk-in closets, an additional linen closet, and a shared bath that echoes the beautiful finishes found throughout. Enjoy a spacious laundry room with extra cabinetry and access to the 2-car garage. Outside, relax on the covered concrete patio overlooking a fully fenced backyard with a storage shed—perfect for entertaining or everyday living!

3. 2026-03-20
   listed $299,000 Active 1550-char remark

   Show marketing remark (1566 chars)

   Welcome to this nearly new, beautifully maintained 3-bedroom, 2-bath home in Ashton Parc, just 4 years young and located in highly desirable flood zone X! With eye-catching curb appeal and thoughtful design throughout, this home offers both style and functionality. Step inside to a welcoming foyer with a spacious coat closet that opens into a bright living area featuring 10-foot ceilings, massive crown molding, and neutral vinyl plank flooring that flows seamlessly throughout the entire home—including all bedrooms. The kitchen is truly a chef’s delight, complete with a huge breakfast bar, neutral 3-cm granite countertops, Frigidaire Gallery stainless steel appliances, a 5-burner gas range, a center island for added prep and serving space, and a convenient pantry. The dining area overlooks and leads directly to the backyard. The primary suite is privately located at the rear of the home, offering two large windows for abundant natural light. The ensuite bath features a deep soaking tub, separate stand-up shower, dual vanity with warm, rich cabinetry, a linen closet, and an impressive wall-length closet. This split floor plan offers added privacy, with two additional bedrooms, both with walk-in closets, an additional linen closet, and a shared bath that echoes the beautiful finishes found throughout. Enjoy a spacious laundry room with extra cabinetry and access to the 2-car garage. Outside, relax on the covered concrete patio overlooking a fully fenced backyard with a storage shed—perfect for entertaining or everyday living!

4. 2026-03-20
   listed $299,000 Active 1566-char remark

   Show marketing remark (1566 chars)

   Welcome to this nearly new, beautifully maintained 3-bedroom, 2-bath home in Ashton Parc, just 4 years young and located in highly desirable flood zone X! With eye-catching curb appeal and thoughtful design throughout, this home offers both style and functionality. Step inside to a welcoming foyer with a spacious coat closet that opens into a bright living area featuring 10-foot ceilings, massive crown molding, and neutral vinyl plank flooring that flows seamlessly throughout the entire home—including all bedrooms. The kitchen is truly a chef’s delight, complete with a huge breakfast bar, neutral 3-cm granite countertops, Frigidaire Gallery stainless steel appliances, a 5-burner gas range, a center island for added prep and serving space, and a convenient pantry. The dining area overlooks and leads directly to the backyard. The primary suite is privately located at the rear of the home, offering two large windows for abundant natural light. The ensuite bath features a deep soaking tub, separate stand-up shower, dual vanity with warm, rich cabinetry, a linen closet, and an impressive wall-length closet. This split floor plan offers added privacy, with two additional bedrooms, both with walk-in closets, an additional linen closet, and a shared bath that echoes the beautiful finishes found throughout. Enjoy a spacious laundry room with extra cabinetry and access to the 2-car garage. Outside, relax on the covered concrete patio overlooking a fully fenced backyard with a storage shed—perfect for entertaining or everyday living!

5. 2024-11-19
   soldstatus $290,000 Closed
6. 2024-11-19
   soldstatus $290,000
7. 2024-10-30
   historical Active Under Contract
8. 2024-10-24
   listed $299,000 Active
9. 2024-10-24
   listed $299,000 Active
10. 2022-03-09
    soldstatus $251,923 Closed
11. 2022-01-13
    listed $251,923
12. 2022-01-13
    historical
13. 2022-01-13
    listed $251,923

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $2,179 · $182/mo
• Projected year-2 tax: $2,179 · $182/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $24,111
• − Mortgage interest: −$16,497
• − Property taxes: −$2,179
• − Insurance: −$1,472
• − Repairs & maintenance: −$1,929
• − Management: −$1,929
• − HOA: −$396
• − Depreciation: −$8,567
• Taxable loss: −$8,858
• Est. tax savings @ 24.0%: +$2,126
• After-tax cash flow: $-1,406/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Tammany Parish
• NCES district ID: 2201650
• Math proficiency: 43% ▼ -32.00%
• Reading proficiency: 55% ▼ -26.00%
• Median HH income: $61,752
• Composite: 43.04/100
• National rank: #3098
• State rank: #11 of 98 in LA

Livability — Slidell

• Score: 70/100
• State rank: #57
• US rank: #7673

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Tammany Parish · 228,296 people
• City population: 95,511
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 39,034
• Household income: $72,843
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1331.0

Population outlook (St. Tammany County) Hauer SSP2

• Today (2025): 286,725 people
• By 2030: 304,175 · +6.1%
• By 2040: 336,203 · +17.3%
• By 2050: 364,590 · +27.2%
• By 2075: 433,362 · +51.1%
• By 2100: 470,333 · +64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Black 17% Two or more races 10% Hispanic / Latino 9% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Lithuanian 15% Slovak 2% Romanian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 93% English-only · Spanish 5% Vietnamese 1%

Political lean MEDSL · St. Tammany

• 2024 margin: Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
• 2008→2024 swing: +9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
• All cycles: 2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -173.60%
• Current HPI: 147.4749
• Rent YoY: ▲ 1.47%
• Metro: New Orleans-Metairie, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+16.9% since first listed

13 events — show timeline

• 2026-04-29 Price Changed $294,500 AcadianaMLS
• 2026-04-28 Price Changed $294,500 GSREIN
• 2026-03-20 Listed $299,000 GSREIN
• 2026-03-20 Listed $299,000 AcadianaMLS
• 2024-11-19 Sold (Public Records) $290,000 Public Records
• 2024-11-19 Sold (MLS) $290,000 GSREIN
• 2024-10-30 Contingent — GSREIN
• 2024-10-24 Listed $299,000 AcadianaMLS
• 2024-10-24 Listed $299,000 GSREIN
• 2022-03-09 Sold (MLS) $251,923 GSREIN
• 2022-01-13 Listed $251,923 GSREIN
• 2022-01-13 Listing Removed — GSREIN
• 2022-01-13 Listed $251,923 AcadianaMLS

Property tax history

+62.9%/yr

Latest (2025): $2,179 · -8.1% YoY. Source: county tax records.