10127 Freedoms Way · Shreveport, LA 71047

$144,900

3 bd · 2.0 ba · 1,399 sqft · SingleFamily public records · 39 Days on market

Built 2014 0.36 ac lot $104/sqft · 39% below area Est $238k · 39% under ↓ 15% since listing

---

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 +25.0/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +6.8/10.0
• 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

Listing remarks MLS

Don’t miss this opportunity to own a 3-bedroom, 2-bath home situated on a lot under an acre of land, offering space, privacy, and strong value-add potential. This property is ideal for investors, flippers, or buyers looking to create their dream home with some updates and vision. Inside, the home features a spacious layout with a cozy fireplace in the living area, providing a great focal point for the main living space. The floor plan offers functional living areas and good-sized bedrooms, ready for renovation and customization. Step outside to enjoy a covered deck on the rear of the home, perfect for relaxing or entertaining while overlooking the backyard. The property also includes a pool with a fully fenced and secured enclosure, offering added safety and privacy. A standout feature is the pool house with an attached garage area, providing additional space that could be used for storage, a workshop, or future conversion. The fully fenced backyard adds to the property’s usability and appeal, especially for families or pet owners. Additional features include a 2-car garage, ample outdoor space, and a generous lot size that provides room for expansion or landscaping improvements. With its combination of acreage, amenities, and potential, this property is a prime investment opportunity being sold as-is.

Key facts

• Covered deck
• Pool house
• Attached garage area

Tags

• COZY FIREPLACE
• COVERED DECK
• POOL
• POOL HOUSE
• FULLY FENCED BACKYARD
• ATTACHED GARAGE AREA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% 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: 59 active listings in the ZIP; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k 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.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,553 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.18% ✓
• Cap rate: 8.90%
• Cash-on-cash: 9.32%
• DSCR: 1.41
• GRM: 7.1

CMA / ARV

• ARV (median comp): $237,687
• List price: $144,900
• Delta: -39.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10127 Freedoms Way	0.00mi	3/2.0	1,399 (0%)	1mo	$144,900	$104	100
10082 Freedoms Way	0.16mi	3/2.0	1,414 (+1%)	1mo	$240,000	$170	90
10070 Freedoms Way	0.20mi	3/2.0	1,325 (-5%)	4mo	$185,000	$140	78
10074 Freedoms Way	0.19mi	3/2.0	1,568 (+12%)	1mo	$254,900	$163	70
10073 Freedoms Way	0.18mi	3/2.0	1,510 (+8%)	20mo	$234,900	$156	61
6535 Grawood Dr	0.75mi	3/2.0	1,438 (+3%)	19mo	$169,900	$118	45
6566 Graham Ln	0.65mi	3/1.5	1,197 (-14%)	10mo	$153,000	$128	35
9915 Freedoms Way	0.68mi	3/2.0	1,600 (+14%)	23mo	$296,000	$185	25

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.2%
• Equity multiple: 0.92×
• Total profit: $-3,355
• Equity at exit: $21,605

10-year hold

• IRR: 7.5%
• Equity multiple: 1.57×
• Total profit: $23,119
• Equity at exit: $12,528

Cash invested: $40,572 (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 71047

• Home prices YoY: -27.5%
• Active inventory: 59
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,707 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$213 /mo · $2,556/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $315

Break-even live

Break-even rent $1,308

Max offer price $144,900

Occupancy floor 77%

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-05-08
   status Pending 1350-char remark

   Show marketing remark (1350 chars)

   Don’t miss this opportunity to own a 3-bedroom, 2-bath home situated on a lot under an acre of land, offering space, privacy, and strong value-add potential. This property is ideal for investors, flippers, or buyers looking to create their dream home with some updates and vision. Inside, the home features a spacious layout with a cozy fireplace in the living area, providing a great focal point for the main living space. The floor plan offers functional living areas and good-sized bedrooms, ready for renovation and customization. Step outside to enjoy a covered deck on the rear of the home, perfect for relaxing or entertaining while overlooking the backyard. The property also includes a pool with a fully fenced and secured enclosure, offering added safety and privacy. A standout feature is the pool house with an attached garage area, providing additional space that could be used for storage, a workshop, or future conversion. The fully fenced backyard adds to the property’s usability and appeal, especially for families or pet owners. Additional features include a 2-car garage, ample outdoor space, and a generous lot size that provides room for expansion or landscaping improvements. With its combination of acreage, amenities, and potential, this property is a prime investment opportunity being sold as-is.

2. 2026-04-28
   price $144,900 1350-char remark

   Show marketing remark (1350 chars)

   Don’t miss this opportunity to own a 3-bedroom, 2-bath home situated on a lot under an acre of land, offering space, privacy, and strong value-add potential. This property is ideal for investors, flippers, or buyers looking to create their dream home with some updates and vision. Inside, the home features a spacious layout with a cozy fireplace in the living area, providing a great focal point for the main living space. The floor plan offers functional living areas and good-sized bedrooms, ready for renovation and customization. Step outside to enjoy a covered deck on the rear of the home, perfect for relaxing or entertaining while overlooking the backyard. The property also includes a pool with a fully fenced and secured enclosure, offering added safety and privacy. A standout feature is the pool house with an attached garage area, providing additional space that could be used for storage, a workshop, or future conversion. The fully fenced backyard adds to the property’s usability and appeal, especially for families or pet owners. Additional features include a 2-car garage, ample outdoor space, and a generous lot size that provides room for expansion or landscaping improvements. With its combination of acreage, amenities, and potential, this property is a prime investment opportunity being sold as-is.

3. 2026-03-30
   listed $154,900 Active 1350-char remark

   Show marketing remark (1350 chars)

   Don’t miss this opportunity to own a 3-bedroom, 2-bath home situated on a lot under an acre of land, offering space, privacy, and strong value-add potential. This property is ideal for investors, flippers, or buyers looking to create their dream home with some updates and vision. Inside, the home features a spacious layout with a cozy fireplace in the living area, providing a great focal point for the main living space. The floor plan offers functional living areas and good-sized bedrooms, ready for renovation and customization. Step outside to enjoy a covered deck on the rear of the home, perfect for relaxing or entertaining while overlooking the backyard. The property also includes a pool with a fully fenced and secured enclosure, offering added safety and privacy. A standout feature is the pool house with an attached garage area, providing additional space that could be used for storage, a workshop, or future conversion. The fully fenced backyard adds to the property’s usability and appeal, especially for families or pet owners. Additional features include a 2-car garage, ample outdoor space, and a generous lot size that provides room for expansion or landscaping improvements. With its combination of acreage, amenities, and potential, this property is a prime investment opportunity being sold as-is.

4. 2021-12-23
   soldstatus Sold 405-char remark

   Show marketing remark (405 chars)

   Check out this awesome find! Three Bedrooms, Two Bathrooms AND a pool for less than 200,000.. .it's not a dream, it's country living at its finest! House features new windows, roof, new AC condensing unit, new garage door and the list goes on and on! Come enjoy this quiet peaceful setting, imagine sitting on the back patio having your morning coffee with zero back neighbors. .. this one wont last long!

5. 2021-12-23
   soldstatus $199,000

   Show marketing remark (405 chars)

   Check out this awesome find! Three Bedrooms, Two Bathrooms AND a pool for less than 200,000.. .it's not a dream, it's country living at its finest! House features new windows, roof, new AC condensing unit, new garage door and the list goes on and on! Come enjoy this quiet peaceful setting, imagine sitting on the back patio having your morning coffee with zero back neighbors. .. this one wont last long!

6. 2021-12-03
   status Pending 405-char remark

   Show marketing remark (405 chars)

   Check out this awesome find! Three Bedrooms, Two Bathrooms AND a pool for less than 200,000.. .it's not a dream, it's country living at its finest! House features new windows, roof, new AC condensing unit, new garage door and the list goes on and on! Come enjoy this quiet peaceful setting, imagine sitting on the back patio having your morning coffee with zero back neighbors. .. this one wont last long!

7. 2021-11-15
   historical Active Contingent 405-char remark

   Show marketing remark (405 chars)

   Check out this awesome find! Three Bedrooms, Two Bathrooms AND a pool for less than 200,000.. .it's not a dream, it's country living at its finest! House features new windows, roof, new AC condensing unit, new garage door and the list goes on and on! Come enjoy this quiet peaceful setting, imagine sitting on the back patio having your morning coffee with zero back neighbors. .. this one wont last long!

8. 2021-11-09
   listed $199,999 Active 405-char remark

   Show marketing remark (405 chars)

   Check out this awesome find! Three Bedrooms, Two Bathrooms AND a pool for less than 200,000.. .it's not a dream, it's country living at its finest! House features new windows, roof, new AC condensing unit, new garage door and the list goes on and on! Come enjoy this quiet peaceful setting, imagine sitting on the back patio having your morning coffee with zero back neighbors. .. this one wont last long!

9. 2017-06-29
   soldstatus $169,900
10. 2008-06-02
    soldstatus
11. 1984-11-28
    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: $2,556 · $213/mo
• Projected year-2 tax: $2,556 · $213/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,484
• − Mortgage interest: −$8,117
• − Property taxes: −$2,556
• − Insurance: −$724
• − Repairs & maintenance: −$1,639
• − Management: −$1,639
• − Depreciation: −$4,215
• Taxable income: $1,594
• Est. tax owed @ 24.0%: −$383
• After-tax cash flow: $3,401/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

• City population: 164,123
• Population (ZIP): 10,874

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 (77%)
• Race & ethnicity: White 77% Black 17% Two or more races 3% Hispanic / Latino 2% Native American 1%
• Common ancestry: Lithuanian 4% Slovak 2% Romanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% French/Haitian/Cajun 1%

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: ▼ -59.82%
• Current HPI: 158.0139
• Rent YoY: —
• Metro: —
• 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

-14.7% since first listed

11 events — show timeline

• 2026-05-08 Pending — NTREIS
• 2026-04-28 Price Changed $144,900 NTREIS
• 2026-03-30 Listed $154,900 NTREIS
• 2021-12-23 Sold (Public Records) $199,000 Public Records
• 2021-12-23 Sold (MLS) — NTREIS
• 2021-12-03 Pending — NTREIS
• 2021-11-15 Contingent — NTREIS
• 2021-11-09 Listed $199,999 NTREIS
• 2017-06-29 Sold (Public Records) $169,900 Public Records
• 2008-06-02 Sold (Public Records) — Public Records
• 1984-11-28 Sold (Public Records) — Public Records

Property tax history

+7.5%/yr

Latest (2025): $2,556 · +0.2% YoY. Source: county tax records.