10101 Salinas Dr · Shreveport, LA 71115

$140,000

2 bd · 1.5 ba · 1,408 sqft · Townhouse public records · 157 Days on market

Built 1979 1,133 sqft lot $99/sqft · at area comps Est $151k · 7% under $175/mo HOA · 11% of rent ↓ 3% since listing

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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 +17.6/30.0
• ARV discount +10.8/15.0
• 1% rule +6.1/10.0
• DSCR +5.5/10.0
• 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

Discover this beautiful end-unit townhome with 3 bedrooms, a half bath downstairs, 1 full bath & an adjoining half bath upstairs. Ideally located near shopping centers, hospitals, and a variety of dining options, this residence offers both convenience and tranquility. Step inside to find an inviting floor plan with open kitchen dining areas. New vinyl flooring down and ceramic tile upstairs, New interior paint & a Newly floored attic. The spacious living space offers a wood-burning fireplace. Neutral interior colors, creating a serene and welcoming atmosphere throughout the home. Upstairs, the three bedrooms provide generous space and storage. As an added bonus, the washer, dryer and refrigerator remain. Outside, a private back patio awaits. A 2-car carport and a storage room further enhance the practicality of this delightful home. This community is designed for enjoyment and ease, featuring amenities such as a tennis courts, and inclusive HOA benefits. Experience the comfort of a connected yet peaceful neighborhood lifestyle in this Shreveport townhome.

Key facts

• Remodeled
• End-unit townhome
• Private back patio

Tags

• REMODELED
• END-UNIT TOWNHOME
• QUIET NEIGHBORHOOD
• OPEN KITCHEN DINING AREAS
• WOOD-BURNING FIREPLACE
• PRIVATE BACK PATIO

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $140k.

Deal economics

• At list price, monthly cash flow is $111 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 5.7% in Shreveport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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; 18 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 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 157 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% 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 $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 157 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are 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?
7. 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?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 7.25%
• Cash-on-cash: 3.40%
• DSCR: 1.15
• GRM: 7.5

CMA / ARV

• ARV (median comp): $151,153
• List price: $140,000
• Delta: -7.38%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10110 Salinas Dr	0.03mi	3/1.5 (+1)	1,435 (+2%)	1mo	$150,000	$105	90
10119 Carlsbad Dr	0.14mi	3/1.5 (+1)	1,410 (+0%)	4mo	$148,500	$105	85
9993 Smugglers Cove Ln	0.25mi	2/1.5	1,339 (-5%)	1mo	$137,500	$103	80
10302 Loma Vista Dr	0.10mi	3/2.0 (+1)	1,464 (+4%)	3mo	$150,000	$102	79
10323 Monet Dr	0.15mi	3/2.0 (+1)	1,487 (+6%)	1mo	$143,000	$96	76
10014 Carlsbad Dr	0.17mi	3/2.5 (+1)	1,335 (-5%)	1mo	$122,000	$91	73
113 Harts Landing Ln	0.22mi	2/2.5	1,320 (-6%)	4mo	$114,900	$87	72
311 Stratmore Dr #168	0.24mi	2/2.0	1,545 (+10%)	0mo	$189,000	$122	70
11 Chimney Stone Way	0.41mi	3/2.0 (+1)	1,490 (+6%)	2mo	$168,500	$113	62
10005 Saratoga Dr	0.20mi	3/2.5 (+1)	1,592 (+13%)	3mo	$178,000	$112	58
42 Settlers Bnd	0.33mi	3/2.5 (+1)	1,563 (+11%)	3mo	$199,900	$128	55
9617 Balsa Dr	0.46mi	3/2.5 (+1)	1,610 (+14%)	4mo	$169,900	$106	42

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: -14.7%
• Equity multiple: 0.49×
• Total profit: $-19,948
• Equity at exit: $20,874

10-year hold

• IRR: -12.8%
• Equity multiple: 0.36×
• Total profit: $-25,029
• Equity at exit: $12,105

Cash invested: $39,200 (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: 7.5×

Monthly cashflow live

• Estimated rent: $1,556 high
• Mortgage (P&I): −$734
• Tax from tax record: −$150 /mo · $1,805/yr
• Insurance: −$58
• HOA: −$175
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $111

Break-even live

Break-even rent $1,415

Max offer price $140,000

Occupancy floor 88%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10305 Monet Dr Shreveport, LA	3.0	2.5	1533	$1,600	$1.04	21d	1	0.10mi
10327 Loma Vista Dr Unit 10327 Shreveport, LA	3.0	2.5	1474	$1,590	$1.08	21d	1	0.13mi
10139 Carlsbad Dr Shreveport, LA	3.0	2.0	1464	$1,800	$1.23	44d	1	0.13mi
10142 Carlsbad Dr Shreveport, LA	3.0	2.5	1500	$1,400	$0.93	21d	1	0.15mi
10018 Artesia Dr Shreveport, LA	3.0	2.5	1875	$1,500	$0.80	44d	1	0.17mi
10014 Stratmore Cir Unit 10014 Shreveport, LA	3.0	2.5	1824	$1,600	$0.88	13d	1	0.20mi
9990 Smugglers Cove Ln Shreveport, LA	2.0	1.5	1267	$1,550	$1.22	44d	1	0.26mi
9993 Smugglers Cove Ln Shreveport, LA	2.0	1.5	1339	$1,500	$1.12	13d	1	0.26mi
9913 Dagger Point Ln Shreveport, LA	2.0	2.5	1296	$1,350	$1.04	44d	1	0.27mi
184 Riverbrooke Dr Shreveport, LA	3.0	2.0	1620	$2,000	$1.23	21d	1	0.30mi
409 Persimmon Dr Shreveport, LA	3.0	2.0	1800	$1,900	$1.06	21d	1	0.34mi
176 Settlers Bnd Shreveport, LA	2.0	1.5	958	$1,175	$1.23	44d	1	0.37mi
236 Settlers Park Dr Shreveport, LA	2.0	1.5	958	$1,300	$1.36	21d	1	0.47mi
9505 Balsa Dr Shreveport, LA	3.0	2.5	1744	$1,900	$1.09	13d	1	0.53mi
8525 Chalmette Dr Shreveport, LA	1.0–2.0	1.0–1.5	686	$955	$1.39	13d	8	0.78mi
8117 Captain Mary Miller Dr Shreveport, LA	3.0	2.0	1780	$2,200	$1.24	44d	1	1.27mi
8700 Millicent Way Shreveport, LA	1.0–2.0	1.0–2.0	802	$1,715	$2.14	13d	6	1.30mi
8501 Millicent Way Shreveport, LA	1.0–2.0	1.0–2.0	766	$1,500	$1.96	13d	9	1.44mi

HOA detail

• Monthly dues: $175 · $2,100/yr

Listing history 21 events

1. 2026-06-18
   days on market $140,000 Active 157 DOM
2. 2026-06-17
   days on market $140,000 Active 156 DOM
3. 2026-06-16
   days on market $140,000 Active 155 DOM
4. 2026-06-15
   days on market $140,000 Active 154 DOM
5. 2026-06-14
   days on market $140,000 Active 152 DOM
6. 2026-06-13
   days on market $140,000 Active 151 DOM
7. 2026-06-10
   days on market $140,000 Active 149 DOM
8. 2026-06-09
   days on market $140,000 Active 148 DOM
9. 2026-06-08
   days on market $140,000 Active 147 DOM
10. 2026-06-07
    days on market $140,000 Active 146 DOM
11. 2026-06-05
    days on market $140,000 Active 143 DOM
12. 2026-06-03
    days on market $140,000 Active 142 DOM
13. 2026-06-02
    days on market $140,000 Active 141 DOM
14. 2026-06-01
    days on market $140,000 Active 140 DOM
15. 2026-05-31
    days on market $140,000 Active 139 DOM
16. 2026-05-30
    days on market $140,000 Active 138 DOM
17. 2026-02-28
    status Active 1082-char remark

    Show marketing remark (1082 chars)

    Discover this beautiful end-unit townhome with 3 bedrooms, a half bath downstairs, 1 full bath & an adjoining half bath upstairs. Ideally located near shopping centers, hospitals, and a variety of dining options, this residence offers both convenience and tranquility. Step inside to find an inviting floor plan with open kitchen dining areas. New vinyl flooring down and ceramic tile upstairs, New interior paint & a Newly floored attic. The spacious living space offers a wood-burning fireplace. Neutral interior colors, creating a serene and welcoming atmosphere throughout the home. Upstairs, the three bedrooms provide generous space and storage. As an added bonus, the washer, dryer and refrigerator remain. Outside, a private back patio awaits. A 2-car carport and a storage room further enhance the practicality of this delightful home. This community is designed for enjoyment and ease, featuring amenities such as a tennis courts, and inclusive HOA benefits. Experience the comfort of a connected yet peaceful neighborhood lifestyle in this Shreveport townhome.

18. 2026-02-20
    historical Active Contingent 1082-char remark

    Show marketing remark (1082 chars)

    Discover this beautiful end-unit townhome with 3 bedrooms, a half bath downstairs, 1 full bath & an adjoining half bath upstairs. Ideally located near shopping centers, hospitals, and a variety of dining options, this residence offers both convenience and tranquility. Step inside to find an inviting floor plan with open kitchen dining areas. New vinyl flooring down and ceramic tile upstairs, New interior paint & a Newly floored attic. The spacious living space offers a wood-burning fireplace. Neutral interior colors, creating a serene and welcoming atmosphere throughout the home. Upstairs, the three bedrooms provide generous space and storage. As an added bonus, the washer, dryer and refrigerator remain. Outside, a private back patio awaits. A 2-car carport and a storage room further enhance the practicality of this delightful home. This community is designed for enjoyment and ease, featuring amenities such as a tennis courts, and inclusive HOA benefits. Experience the comfort of a connected yet peaceful neighborhood lifestyle in this Shreveport townhome.

19. 2026-02-14
    price $140,000 1082-char remark

    Show marketing remark (1082 chars)

    Discover this beautiful end-unit townhome with 3 bedrooms, a half bath downstairs, 1 full bath & an adjoining half bath upstairs. Ideally located near shopping centers, hospitals, and a variety of dining options, this residence offers both convenience and tranquility. Step inside to find an inviting floor plan with open kitchen dining areas. New vinyl flooring down and ceramic tile upstairs, New interior paint & a Newly floored attic. The spacious living space offers a wood-burning fireplace. Neutral interior colors, creating a serene and welcoming atmosphere throughout the home. Upstairs, the three bedrooms provide generous space and storage. As an added bonus, the washer, dryer and refrigerator remain. Outside, a private back patio awaits. A 2-car carport and a storage room further enhance the practicality of this delightful home. This community is designed for enjoyment and ease, featuring amenities such as a tennis courts, and inclusive HOA benefits. Experience the comfort of a connected yet peaceful neighborhood lifestyle in this Shreveport townhome.

20. 2026-01-09
    listed $145,000 Active 1082-char remark

    Show marketing remark (1082 chars)

    Discover this beautiful end-unit townhome with 3 bedrooms, a half bath downstairs, 1 full bath & an adjoining half bath upstairs. Ideally located near shopping centers, hospitals, and a variety of dining options, this residence offers both convenience and tranquility. Step inside to find an inviting floor plan with open kitchen dining areas. New vinyl flooring down and ceramic tile upstairs, New interior paint & a Newly floored attic. The spacious living space offers a wood-burning fireplace. Neutral interior colors, creating a serene and welcoming atmosphere throughout the home. Upstairs, the three bedrooms provide generous space and storage. As an added bonus, the washer, dryer and refrigerator remain. Outside, a private back patio awaits. A 2-car carport and a storage room further enhance the practicality of this delightful home. This community is designed for enjoyment and ease, featuring amenities such as a tennis courts, and inclusive HOA benefits. Experience the comfort of a connected yet peaceful neighborhood lifestyle in this Shreveport townhome.

21. 1991-08-16
    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: $1,805 · $150/mo
• Projected year-2 tax: $1,805 · $150/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 · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% 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: $18,670
• − Mortgage interest: −$7,842
• − Property taxes: −$1,805
• − Insurance: −$700
• − Repairs & maintenance: −$1,494
• − Management: −$1,494
• − HOA: −$2,100
• − Depreciation: −$4,073
• Taxable loss: −$838
• Est. tax savings @ 24.0%: +$201
• After-tax cash flow: $1,535/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

-3.4% since first listed

5 events — show timeline

• 2026-02-28 Relisted — NTREIS
• 2026-02-20 Contingent — NTREIS
• 2026-02-14 Price Changed $140,000 NTREIS
• 2026-01-09 Listed $145,000 NTREIS
• 1991-08-16 Sold (Public Records) — Public Records

Property tax history

+0.2%/yr

Latest (2025): $1,805 · +0.4% YoY. Source: county tax records.