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277 Settlers Park Dr
C Composite 56.26
Why this score? — see what drove the C 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 +18.2/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.1/10.0
  • DSCR +5.7/10.0
  • 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

$101,000

277 Settlers Park Dr · Shreveport, LA 71115
2 bd · 1.5 ba · 958 sqft · Townhouse public records · 146 Days on market
Built 1983 566 sqft lot $105/sqft · 26% below area Est $129k · 22% under $185/mo HOA · 15% of rent ↓ 6% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

Key facts

  • Not in a flood zone
  • Minutes from lsu
  • $185 HOA

Tags

STAINLESS STEEL APPLIANCESUPDATED FULL BATHROOMASSIGNED COVERED CARPORT SPACEGUEST PARKING AVAILABLENOT IN A FLOOD ZONEMINUTES FROM LSU

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath townhouse listed at $101k.

Deal economics

  • At list price, monthly cash flow is $91 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $101k).
  • Recommended offer: $89k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.4% vs local median 5.6% 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; 103 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $698 of loan paydown is wiped out by about $3k 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 146 days — a 12% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts; this cycle's ask has dropped $24k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 68% 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 $88,880 (12.0% below list)

Questions for the listing agent

  1. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.21%
Cap rate
7.37%
Cash-on-cash
3.86%
DSCR
1.17
GRM
6.9

CMA / ARV

ARV (median comp)
$129,492
List price
$101,000
Delta
-22.00%
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
31 Colony Park Dr 0.05mi 2/1.5 956 (-0%) 1mo $100,000 $105 97
158 Chimney Stone Way 0.04mi 2/1.5 958 (0%) 4mo $130,000 $136 95
206 Settlers Park Dr 0.05mi 2/1.5 958 (0%) 6mo $103,000 $108 92
276 Settlers Park Dr 0.00mi 2/1.5 958 (0%) 9mo $125,000 $130 92
192 Settlers Bnd 0.08mi 2/1.5 980 (+2%) 1mo $137,000 $140 92
127 Chimney Stone Way 0.10mi 2/1.5 958 (0%) 7mo $129,900 $136 89
163 Settlers Trce 0.04mi 2/1.5 968 (+1%) 9mo $129,900 $134 88
193 Settlers Bnd 0.07mi 2/1.5 958 (0%) 11mo $125,000 $130 87
10010 Hanover Dr 0.35mi 2/1.5 955 (-0%) 9mo $129,000 $135 76
10107 Hanover Dr 0.40mi 2/1.0 963 (+0%) 9mo $135,000 $140 71
10116 Hanover Dr 0.43mi 2/1.5 1,100 (+15%) 4mo $139,000 $126 52
10110 Carlsbad Dr 0.43mi 2/1.0 1,100 (+15%) 4mo $139,900 $127 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 · 0.07% rent growth · sell at horizon

5-year hold
IRR
-14.3%
Equity multiple
0.51×
Total profit
$-13,956
Equity at exit
$15,059
10-year hold
IRR
-12.7%
Equity multiple
0.37×
Total profit
$-17,755
Equity at exit
$8,733

Cash invested: $28,280 (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.

ZIP-level market 71115

Home prices YoY
-26.5%
Rents YoY
0.1%
Active inventory
103
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,225 high interval (Pro) →
Mortgage (P&I)
$530
Tax from tax record
$120 /mo · $1,444/yr
Insurance
$42
HOA
$185
Vacancy / Maint / Mgmt
$257
Net cashflow
$91

Break-even live

Break-even rent $1,110
Max offer price $101,000
Occupancy floor 88%

Sensitivity live

Price -10% $148 -5% $120 +0% $91 +5% $62 +10% $34
Rent -10% $-6 -5% $43 +0% $91 +5% $139 +10% $188
Rate -1.0pp $142 -0.5pp $117 base $91 +0.5pp $65 +1.0pp $38

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
$25,250
Closing costs
$3,030
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
176 Settlers Bnd Shreveport, LA 2.0 1.5 958 $1,175 $1.23 45d 1 0.03mi
308 Settlers Bnd Shreveport, LA 2.0 2.0 784 $1,200 $1.53 22d 1 0.07mi
236 Settlers Park Dr Shreveport, LA 2.0 1.5 958 $1,300 $1.36 22d 1 0.09mi
8911 Youree Dr Shreveport, LA 1.0 1.0 676 $720 $1.07 15d 1 0.31mi
8525 Chalmette Dr Shreveport, LA 1.0–2.0 1.0–1.5 686 $955 $1.39 15d 8 0.42mi
8700 Millicent Way Shreveport, LA 1.0–2.0 1.0–2.0 802 $1,715 $2.14 15d 6 0.95mi
8510 Millicent Way Shreveport, LA 1.0 1.0 646 $850 $1.32 15d 3 1.06mi
8501 Millicent Way Shreveport, LA 1.0–2.0 1.0–2.0 766 $1,500 $1.96 15d 9 1.14mi
7720 E Kings Hwy Unit 2 Shreveport, LA 1.0 1.0 680 $675 $0.99 15d 1 1.41mi
7720 E Kings Hwy Apt 13 Shreveport, LA 1.0 1.0 680 $675 $0.99 22d 1 1.41mi

HOA detail

Monthly dues
$185 · $2,220/yr
Likely covers
watertrashpool

Listing history 35 events

  1. 2026-06-21
    days on market $101,000 Active 146 DOM
  2. 2026-06-18
    days on market $101,000 Active 143 DOM
  3. 2026-06-17
    days on market $101,000 Active 142 DOM
  4. 2026-06-16
    days on market $101,000 Active 141 DOM
  5. 2026-06-15
    days on market $101,000 Active 140 DOM
  6. 2026-06-14
    days on market $101,000 Active 138 DOM
  7. 2026-06-13
    days on market $101,000 Active 137 DOM
  8. 2026-06-10
    days on market $101,000 Active 135 DOM
  9. 2026-06-09
    days on market $101,000 Active 134 DOM
  10. 2026-06-08
    days on market $101,000 Active 133 DOM
  11. 2026-06-07
    days on market $101,000 Active 132 DOM
  12. 2026-06-05
    days on market $101,000 Active 129 DOM
  13. 2026-06-03
    days on market $101,000 Active 128 DOM
  14. 2026-06-02
    days on market $101,000 Active 127 DOM
  15. 2026-06-01
    days on market $101,000 Active 126 DOM
  16. 2026-05-31
    days on market $101,000 Active 125 DOM
  17. 2026-05-30
    days on market $101,000 Active 124 DOM
  18. 2026-05-14
    status Active 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  19. 2026-04-14
    price $101,000 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  20. 2026-03-04
    historical Active Contingent 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  21. 2026-02-05
    price $100,000 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  22. 2025-05-27
    status Pending 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  23. 2025-05-25
    status Active 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  24. 2025-05-10
    status Pending 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  25. 2025-05-09
    price $125,800 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  26. 2025-05-02
    status Active 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  27. 2025-05-01
    status Pending 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  28. 2025-04-14
    status Active 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  29. 2025-04-04
    status Pending 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  30. 2025-03-18
    listed $124,900 Active 1176-char remark
    Show marketing remark (1176 chars)

    BACK ON THE MARKET! Buyer didnt want to follow Short Sale guidelines! Great chance to for investors or buyers with patience and understanding with funds to make this deal work. This delightful two-story townhouse Cobblestone subdivision offers 2 bedrooms and 1.5 bathrooms, providing an ideal blend of comfort and convenience.This Home is Now in SHORT SALE STATUS and will be SOLD AS IS no REPAIRS WILL BE MADE. The home features stainless steel appliances, cleaned carpets, creating a welcoming atmosphere. Upstairs, you'll find two generously sized bedrooms and an updated full bathroom, offering privacy and comfort. Don't miss this opportunity to own a charming townhouse in one of Shreveport's most desirable Townhome Communities.HOA covers water & trash, Front yard maintenance, and pool upkeep, allowing residents to enjoy a hassle-free lifestyle. This property is NOT in a flood zone. This unit has a bonus of an assigned covered carport space, with additional guest parking available. Located just off Kings Hwy and Youree Drive, just minutes from LSU and Barksdale Airforce Military Base. AGENTS Please READ AGENT REMARKS for short sale details and Instructions.

  31. 2020-05-18
    soldstatus $92,500
  32. 2009-10-28
    soldstatus $108,000
  33. 2006-07-05
    soldstatus
  34. 2006-02-27
    soldstatus
  35. 1997-11-14
    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
$1,444 · $120/mo
Projected year-2 tax
$1,444 · $120/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 4/10 Moderate FEMA zone X · 20% 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 68% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,703
− Mortgage interest
−$5,658
− Property taxes
−$1,444
− Insurance
−$505
− Repairs & maintenance
−$1,176
− Management
−$1,176
− HOA
−$2,220
− Depreciation
−$2,938
Taxable loss
−$414
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$99
After-tax cash flow
$1,190/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

Price history

-6.5% since first listed
18 events — show timeline
  • 2026-05-14 Relisted NTREIS
  • 2026-04-14 Price Changed $101,000 NTREIS
  • 2026-03-04 Contingent NTREIS
  • 2026-02-05 Price Changed $100,000 NTREIS
  • 2025-05-27 Pending NTREIS
  • 2025-05-25 Relisted NTREIS
  • 2025-05-10 Pending NTREIS
  • 2025-05-09 Price Changed $125,800 NTREIS
  • 2025-05-02 Relisted NTREIS
  • 2025-05-01 Pending NTREIS
  • 2025-04-14 Relisted NTREIS
  • 2025-04-04 Pending NTREIS
  • 2025-03-18 Listed $124,900 NTREIS
  • 2020-05-18 Sold (Public Records) $92,500 Public Records
  • 2009-10-28 Sold (Public Records) $108,000 Public Records
  • 2006-07-05 Sold (Public Records) Public Records
  • 2006-02-27 Sold (Public Records) Public Records
  • 1997-11-14 Sold (Public Records) Public Records

Property tax history

+8.3%/yr

Latest (2025): $1,444 · +0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…