277 Settlers Park Dr · Shreveport, LA
Flood risk 4/10 · Minor
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 68.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -14.3%
- Equity multiple
- 0.51×
- Total profit
- $-13,956
- Equity at exit
- $15,059
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-21days on market $101,000 Active 146 DOM
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2026-06-18days on market $101,000 Active 143 DOM
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2026-06-17days on market $101,000 Active 142 DOM
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2026-06-16days on market $101,000 Active 141 DOM
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2026-06-15days on market $101,000 Active 140 DOM
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2026-06-14days on market $101,000 Active 138 DOM
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2026-06-13days on market $101,000 Active 137 DOM
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2026-06-10days on market $101,000 Active 135 DOM
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2026-06-09days on market $101,000 Active 134 DOM
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2026-06-08days on market $101,000 Active 133 DOM
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2026-06-07days on market $101,000 Active 132 DOM
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2026-06-05days on market $101,000 Active 129 DOM
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2026-06-03days on market $101,000 Active 128 DOM
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2026-06-02days on market $101,000 Active 127 DOM
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2026-06-01days on market $101,000 Active 126 DOM
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2026-05-31days on market $101,000 Active 125 DOM
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2026-05-30days on market $101,000 Active 124 DOM
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2026-05-14status 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.
-
2026-04-14price $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.
-
2026-03-04historical 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.
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2026-02-05price $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.
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2025-05-27status 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.
-
2025-05-25status 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.
-
2025-05-10status 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.
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2025-05-09price $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.
-
2025-05-02status 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.
-
2025-05-01status 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.
-
2025-04-14status 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.
-
2025-04-04status 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.
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2025-03-18$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.
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2020-05-18soldstatus $92,500
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2009-10-28soldstatus $108,000
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2006-07-05soldstatus
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2006-02-27soldstatus
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1997-11-14soldstatus
ⓘ 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
- 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
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
- 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 |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
-6.5% since first listed18 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%/yrLatest (2025): $1,444 · +0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…