10007 Saratoga Dr · Shreveport, LA 71115

$130,000

2 bd · 1.5 ba · 1,072 sqft · MultiFamily public records · 63 Days on market

Built 1978 1,133 sqft lot $121/sqft · 27% below area Est $178k · 27% under $173/mo HOA · 16% of rent

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Why this score? — see what drove the B+ 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).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Beautiful brand new flooring in living room, kitchen and dining area! Welcome to 10007 Saratoga—an ideal opportunity for buyers looking for comfort, space, and convenience. Located just minutes from Youree Drive, you’ll enjoy easy access to shopping, dining, grocery stores, and everything needed for a busy, on-the-go lifestyle. Inside, the home offers a practical, easy-to-maintain layout with spacious bedrooms that provide plenty of room to relax, study, or work from home. The contemporary kitchen adds a stylish, functional touch, making meal prep simple whether you're cooking for yourself or hosting friends. Upstairs, the recently updated bathroom brings a fresh, modern feel to the space. Outside, a 2-car carport offers convenient covered parking and added protection from the elements—an everyday feature you’ll truly appreciate. Whether you're ready to stop renting, stay close to nearby schools and hospitals, or invest in a smart, centrally located property, this home checks all the boxes. Affordable, functional, and close to it all—10007 Saratoga is move-in ready and waiting for you.

Key facts

• Contemporary kitchen
• 1,133 sq ft lot
• 2 parking spots

Tags

• EASY ACCESS TO SHOPPING
• CONVENIENT COVERED PARKING
• RECENTLY UPDATED BATHROOM
• CONTEMPORARY KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath multifamily listed at $130k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 21.0% vs local median 5.7% in Shreveport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 59/100 on livability (#270 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools D+, crime F, amenities F.
• Caddo Parish (urban): math 21% / reading 32% proficiency, ranked #53 of 98 in LA (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 105 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• At $3,338/mo this rent would consume 61% of the median local household income ($66k/yr) (locally 582% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.1% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $105k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.57% ✓
• Cap rate: 21.03%
• Cash-on-cash: 52.65%
• DSCR: 3.34
• GRM: 3.2

CMA / ARV

• ARV (median comp): $177,505
• List price: $130,000
• Delta: -26.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.07% rent growth · sell at horizon

5-year hold

• IRR: 30.6%
• Equity multiple: 2.22×
• Total profit: $44,323
• Equity at exit: $19,383

10-year hold

• IRR: 35.7%
• Equity multiple: 3.73×
• Total profit: $99,215
• Equity at exit: $11,240

Cash invested: $36,400 (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 71115

• Home prices YoY: -26.5%
• Rents YoY: 0.1%
• Active inventory: 105
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $3,338 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$131 /mo · $1,573/yr
• Insurance: −$54
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$173
• Vacancy / Maint / Mgmt: −$701
• Net cashflow: $1,171

Break-even live

Break-even rent $1,856

Max offer price $130,000

Occupancy floor 60%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$3,339
Total (3 units)			$3,338

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10142 Carlsbad Dr Shreveport, LA	3.0	2.5	1500	$1,400	$0.93	21d	1	0.15mi
10139 Carlsbad Dr Shreveport, LA	3.0	2.0	1464	$1,800	$1.23	43d	1	0.15mi
10327 Loma Vista Dr Unit 10327 Shreveport, LA	3.0	2.5	1474	$1,590	$1.08	21d	1	0.22mi
9990 Smugglers Cove Ln Shreveport, LA	2.0	1.5	1267	$1,550	$1.22	43d	1	0.33mi
308 Settlers Bnd Shreveport, LA	2.0	2.0	784	$1,200	$1.53	21d	1	0.33mi
176 Settlers Bnd Shreveport, LA	2.0	1.5	958	$1,175	$1.23	43d	1	0.34mi
9993 Smugglers Cove Ln Shreveport, LA	2.0	1.5	1339	$1,500	$1.12	13d	1	0.34mi
9913 Dagger Point Ln Shreveport, LA	2.0	2.5	1296	$1,350	$1.04	43d	1	0.37mi
236 Settlers Park Dr Shreveport, LA	2.0	1.5	958	$1,300	$1.36	21d	1	0.41mi
8525 Chalmette Dr Shreveport, LA	1.0–2.0	1.0–1.5	686	$955	$1.39	13d	8	0.77mi
8700 Millicent Way Shreveport, LA	1.0–2.0	1.0–2.0	802	$1,715	$2.14	13d	6	1.17mi
8501 Millicent Way Shreveport, LA	1.0–2.0	1.0–2.0	766	$1,500	$1.96	13d	9	1.30mi

HOA detail

• Monthly dues: $173 · $2,076/yr

Listing history 30 events

1. 2026-06-18
   days on market $130,000 Active 63 DOM
2. 2026-06-17
   days on market $130,000 Active 62 DOM
3. 2026-06-16
   days on market $130,000 Active 61 DOM
4. 2026-06-15
   days on market $130,000 Active 60 DOM
5. 2026-06-14
   days on market $130,000 Active 58 DOM
6. 2026-06-13
   days on market $130,000 Active 57 DOM
7. 2026-06-10
   days on market $130,000 Active 55 DOM
8. 2026-06-09
   days on market $130,000 Active 54 DOM
9. 2026-06-08
   days on market $130,000 Active 53 DOM
10. 2026-06-07
    days on market $130,000 Active 52 DOM
11. 2026-06-05
    days on market $130,000 Active 49 DOM
12. 2026-06-03
    days on market $130,000 Active 48 DOM
13. 2026-06-02
    days on market $130,000 Active 47 DOM
14. 2026-06-01
    pricedays on market $130,000 Active 46 DOM
15. 2026-05-31
    days on market $138,500 Active 45 DOM
16. 2026-05-30
    days on market $138,500 Active 44 DOM
17. 2026-05-16
    price $138,500 1145-char remark

    Show marketing remark (1145 chars)

    Beautiful brand new flooring in living room, kitchen and dining area! Welcome to 10007 Saratoga—an ideal opportunity for buyers looking for comfort, space, and convenience. Located just minutes from Youree Drive, you’ll enjoy easy access to shopping, dining, grocery stores, and everything needed for a busy, on-the-go lifestyle. Inside, the home offers a practical, easy-to-maintain layout with spacious bedrooms that provide plenty of room to relax, study, or work from home. The contemporary kitchen adds a stylish, functional touch, making meal prep simple whether you're cooking for yourself or hosting friends. Upstairs, the recently updated bathroom brings a fresh, modern feel to the space. Outside, a 2-car carport offers convenient covered parking and added protection from the elements—an everyday feature you’ll truly appreciate. Whether you're ready to stop renting, stay close to nearby schools and hospitals, or invest in a smart, centrally located property, this home checks all the boxes. Affordable, functional, and close to it all—10007 Saratoga is move-in ready and waiting for you.

18. 2026-04-15
    listed $140,000 Active 1145-char remark

    Show marketing remark (1145 chars)

    Beautiful brand new flooring in living room, kitchen and dining area! Welcome to 10007 Saratoga—an ideal opportunity for buyers looking for comfort, space, and convenience. Located just minutes from Youree Drive, you’ll enjoy easy access to shopping, dining, grocery stores, and everything needed for a busy, on-the-go lifestyle. Inside, the home offers a practical, easy-to-maintain layout with spacious bedrooms that provide plenty of room to relax, study, or work from home. The contemporary kitchen adds a stylish, functional touch, making meal prep simple whether you're cooking for yourself or hosting friends. Upstairs, the recently updated bathroom brings a fresh, modern feel to the space. Outside, a 2-car carport offers convenient covered parking and added protection from the elements—an everyday feature you’ll truly appreciate. Whether you're ready to stop renting, stay close to nearby schools and hospitals, or invest in a smart, centrally located property, this home checks all the boxes. Affordable, functional, and close to it all—10007 Saratoga is move-in ready and waiting for you.

19. 2022-01-18
    soldstatus $105,000
20. 2021-12-29
    soldstatus Sold 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

21. 2021-11-16
    status Pending 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

22. 2021-11-11
    status Active 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

23. 2021-10-19
    status Pending 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

24. 2021-09-29
    status Active 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

25. 2021-09-20
    status Pending 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

26. 2021-09-04
    status Active 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

27. 2021-08-30
    status Pending 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

28. 2021-08-13
    listed $115,000 Active 378-char remark

    Show marketing remark (378 chars)

    Great Town South townhome with updates and great curb appeal. Open living and dining with carpet. Kitchen has laminate flooring, stainless oven-cooktop and subway tile. Updated half bath downstairs. Upstairs has 2 spacious bedrooms and a full remodeled bath with carrera marble countertop and laminate flooring. Refrigerator and stackable washer-dryer to remain. Show and sell!

29. 2004-10-04
    soldstatus
30. 1998-04-15
    soldstatus

ⓘ 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: $1,573 · $131/mo
• Projected year-2 tax: $1,573 · $131/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 69% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,056
• − Mortgage interest: −$7,282
• − Property taxes: −$1,573
• − Insurance: −$5,768
• − Repairs & maintenance: −$3,204
• − Management: −$3,204
• − HOA: −$2,076
• − Depreciation: −$3,782
• Taxable income: $13,166
• Est. tax owed @ 24.0%: −$3,160
• After-tax cash flow: $10,886/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: Caddo Parish
• NCES district ID: 2200300
• Math proficiency: 21% ▼ -33.00%
• Reading proficiency: 32% ▼ -30.00%
• Median HH income: $39,227
• Composite: 22.23/100
• National rank: #8148
• State rank: #53 of 98 in LA

Livability — Shreveport

• Score: 59/100
• State rank: #270
• US rank: #19730

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shreveport, LA
• County: Caddo Parish · 178,536 people
• City population: 164,123
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 14,413
• Household income: $65,509
• Rent vs Own: 38.3% rent · 61.7% own
• Severe rent burden: 582.0

Population outlook (Caddo County) Hauer SSP2

• Today (2025): 243,190 people
• By 2030: 237,231 · -2.5%
• By 2040: 222,502 · -8.5%
• By 2050: 206,516 · -15.1%
• By 2075: 165,706 · -31.9%
• By 2100: 122,262 · -49.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Black 21% Two or more races 5% Asian 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 5% Italian 2% Slovak 1%
• Foreign-born: 6% · China, Canada, Vietnam
• Languages at home: 91% English-only · Spanish 4% Chinese 2% Other Indo-European 2%

Political lean MEDSL · Caddo

• 2024 margin: Toss-up / Even · D 51.6% · R 47.0% · Other 1.4%
• 2008→2024 swing: +1.6pp toward D · 2008: 3.0pp · 2024: 4.6pp
• All cycles: 2024: D+4.6 2020: D+6.8 2016: D+4.2 2012: D+4.9 2008: D+3.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.95%
• Current HPI: 127.4874
• Rent YoY: ▲ 0.07%
• Metro: Shreveport-Bossier City, 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

+20.4% since first listed

14 events — show timeline

• 2026-05-16 Price Changed $138,500 NTREIS
• 2026-04-15 Listed $140,000 NTREIS
• 2022-01-18 Sold (Public Records) $105,000 Public Records
• 2021-12-29 Sold (MLS) — NTREIS
• 2021-11-16 Pending — NTREIS
• 2021-11-11 Relisted — NTREIS
• 2021-10-19 Pending — NTREIS
• 2021-09-29 Relisted — NTREIS
• 2021-09-20 Pending — NTREIS
• 2021-09-04 Relisted — NTREIS
• 2021-08-30 Pending — NTREIS
• 2021-08-13 Listed $115,000 NTREIS
• 2004-10-04 Sold (Public Records) — Public Records
• 1998-04-15 Sold (Public Records) — Public Records

Property tax history

+11.5%/yr

Latest (2025): $1,573 · +0.4% YoY. Source: county tax records.