200 E Herndon St · Shreveport, LA 71101

$67,500

2 bd · 1.0 ba · 1,505 sqft · SingleFamily public records · 1168 Days on market

Built 1950 10,454 sqft lot $45/sqft · at area comps Est $69k · at est.

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +8.6/15.0
• Appreciation +4.8/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

Key facts

• 0.24 acre lot
• Built 1950
• Listed 1168 days

Property features AI

Finance

• Other: For-sale transaction; Possession at closing/funding; Standard listing conditions
• Financial info: Listing accepts Cash, Conventional, FHA, and VA financing; No second mortgage
• HOA & community: No association

Exterior

• Parking: Other parking features
• Security: No specific security features listed
• Utilities: City sewer; City water; Not in a municipal utility district
• Home design: Single family residence; One story; Residential property; Property is not attached
• Construction: Frame construction; Composition roof; Other foundation details; Built in 1950
• Exterior features: Lot less than 0.5 acre; Subdivision: Emerald Hill Sub

Interior

• Kitchen: Other appliances included
• Bedrooms: 4 bedrooms; Primary bedroom on main level
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall/window unit cooling; Other heating
• Interior features: Cable TV available; High-speed internet available; One living area; One dining area; Two total rooms (listed)
• Laundry & utility: No specific laundry details listed

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $323 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($946 rent vs $68k).
• Recommended offer: $59k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.0% vs local median 5.7% in Shreveport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 59/100 on livability (#270 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools D+, crime F, amenities F.
• Caddo Parish (urban): math 21% / reading 32% proficiency, ranked #53 of 98 in LA (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 61 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• At $946/mo this rent would consume 59% of the median local household income ($19k/yr) (locally 702% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $264 of equity ($467 loan paydown + $-203 appreciation (-0.3% local appreciation)).
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.3% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 1168 days — a 12% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $28k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 1168 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 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.40% ✓
• Cap rate: 12.04%
• Cash-on-cash: 20.53%
• DSCR: 1.91
• GRM: 5.9

CMA / ARV

• ARV (median comp): $69,252
• List price: $67,500
• Delta: -2.53%
• 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
131 Lister St	0.20mi	2/1.0	1,428 (-5%)	2mo	$140,000	$98	80
129 E Wichita St	0.17mi	2/1.0	1,342 (-11%)	3mo	$125,000	$93	72
131 Merrick St	0.40mi	2/1.0	1,433 (-5%)	2mo	$40,000	$28	72
117 Lister St	0.17mi	3/1.0 (+1)	1,371 (-9%)	2mo	$160,000	$117	70
108 Wilkinson	0.73mi	3/1.0 (+1)	1,500 (-0%)	11mo	$34,900	$23	51
446 Merrick St	0.68mi	2/2.0	1,372 (-9%)	1mo	$55,000	$40	48
143 E Dalzell St	0.57mi	2/2.0	1,641 (+9%)	8mo	$115,500	$70	48
123 Dalzell St	0.60mi	3/1.0 (+1)	1,377 (-8%)	7mo	$80,000	$58	47
117 E Robinson Pl	0.70mi	3/2.0 (+1)	1,430 (-5%)	11mo	$148,000	$103	41
652 Riverscape Dr	0.61mi	3/2.0 (+1)	1,689 (+12%)	1mo	$255,000	$151	41
608 Riverscape Dr	0.66mi	3/2.0 (+1)	1,685 (+12%)	9mo	$225,000	$134	33
1553 Riverview Ln	0.71mi	3/2.0 (+1)	1,660 (+10%)	13mo	$249,900	$151	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.3% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 1.93×
• Total profit: $17,657
• Equity at exit: $18,590

10-year hold

• IRR: 24.3%
• Equity multiple: 3.63×
• Total profit: $49,640
• Equity at exit: $21,556

Cash invested: $18,900 (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 71101

• Home prices YoY: -0.4%
• Active inventory: 61
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $946 high
• Mortgage (P&I): −$354
• Tax from tax record: −$42 /mo · $499/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$199
• Net cashflow: $323

Break-even live

Break-even rent $536

Max offer price $67,500

Occupancy floor 61%

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: $16,875
• Closing costs: $2,025
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
143 E Herndon St Unit 143 Shreveport, LA	2.0	1.0	1200	$830	$0.69	21d	1	0.07mi
250 E Jordan St Shreveport, LA	2.0	1.0	1920	$800	$0.42	43d	1	0.15mi
127 Herndon St Shreveport, LA	2.0	1.0	1325	$800	$0.60	13d	1	0.18mi
126 E Olive St Shreveport, LA	2.0	1.0	1200	$1,500	$1.25	13d	1	0.29mi
1225 Pecan St Unit B Shreveport, LA	3.0	2.0	1070	$900	$0.84	21d	1	0.30mi
1147 Cornwell Ave Unit 1 Shreveport, LA	3.0	2.0	1200	$895	$0.75	13d	1	0.36mi
103 E Merrick St Shreveport, LA	2.0	1.0	1200	$900	$0.75	44d	1	0.40mi
144 Merrick St Shreveport, LA	2.0	1.0	1532	$800	$0.52	43d	1	0.41mi
451 Egan St Shreveport, LA	3.0	1.5	1300	$750	$0.58	13d	1	0.62mi
406 College St Shreveport, LA	2.0	1.0	1215	$900	$0.74	43d	1	0.66mi
442 Merrick St Shreveport, LA	3.0	1.5	1595	$1,000	$0.63	43d	1	0.68mi
517 Stoner Ave Shreveport, LA	2.0	1.0	1100	$625	$0.57	43d	1	0.69mi
2515 Centenary Blvd Shreveport, LA	2.0	1.0	1200	$2,500	$2.08	13d	1	0.72mi
431 College St Shreveport, LA	2.0	2.0	1100	$850	$0.77	13d	1	0.72mi
2109 Highland Ave Shreveport, LA	3.0	1.0	1739	$1,050	$0.60	43d	1	0.72mi
315 Dalzell St Shreveport, LA	2.0	2.5	1372	$1,100	$0.80	43d	1	0.74mi
419 Boulevard St Shreveport, LA	3.0	2.0	1852	$1,100	$0.59	43d	1	0.75mi
140 E Wilkinson St Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	21d	1	0.75mi
140 Wilkinson St Unit 142 Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	21d	1	0.78mi
328 Prospect St Shreveport, LA	2.0	1.0	1641	$1,000	$0.61	43d	1	0.79mi
1535 River Parkway Blvd Shreveport, LA	1.0–3.0	1.0–2.0	928	$1,740	$1.88	13d	10	0.80mi
2506 Mecom Dr Shreveport, LA	3.0	1.5	1433	$1,350	$0.94	13d	1	0.82mi
315 Robinson Pl Shreveport, LA	2.0	1.0	1161	$800	$0.69	13d	1	0.84mi
708 College St Shreveport, LA	2.0	1.0	1156	$925	$0.80	13d	1	0.98mi
2615 Judith Pl Shreveport, LA	3.0	2.0	1450	$1,600	$1.10	13d	1	1.02mi
642 Robinson Pl Shreveport, LA	3.0	1.0	1500	$1,275	$0.85	21d	1	1.09mi
818 E Washington St Shreveport, LA	3.0	1.0	1100	$1,300	$1.18	21d	1	1.09mi
314 Kings Hwy Shreveport, LA	1.0	1.0	1200	$700	$0.58	43d	1	1.12mi
1301 Coates Bluff Dr Shreveport, LA	1.0–2.0	1.0–2.0	1004	$2,300	$2.29	13d	11	1.13mi
717 Kirby Pl Shreveport, LA	2.0	1.0	1894	$1,450	$0.77	43d	1	1.26mi
1225 Delhi St Bossier City, LA	3.0	1.0	1092	$800	$0.73	21d	1	1.26mi
715 Camilla Dr Shreveport, LA	3.0	1.0	1654	$1,350	$0.82	43d	1	1.28mi
320 Stephenson St Shreveport, LA	3.0	2.0	1845	$1,675	$0.91	21d	1	1.39mi
320 Stephenson St Shreveport, LA	3.0	2.0	1845	$1,675	$0.91	13d	1	1.39mi
561 Forest Ave Shreveport, LA	2.0	1.0	1358	$1,350	$0.99	21d	1	1.39mi
3305 Creswell Ave Shreveport, LA	2.0	1.0	1307	$1,350	$1.03	21d	1	1.40mi
229 Stephenson St Shreveport, LA	2.0	2.5	1500	$1,300	$0.87	13d	1	1.41mi
3516 Alexander Ave Shreveport, LA	2.0	1.0	1355	$1,250	$0.92	13d	1	1.41mi
719 Edwards St Shreveport, LA	1.0–2.0	1.0	810	$1,275	$1.57	21d	7	1.43mi
2717 Fairfield Ave Shreveport, LA	2.0	1.0	1250	$950	$0.76	43d	1	1.46mi

Listing history 30 events

1. 2026-06-18
   days on market $67,500 Active 1168 DOM
2. 2026-06-17
   days on market $67,500 Active 1167 DOM
3. 2026-06-16
   days on market $67,500 Active 1166 DOM
4. 2026-06-15
   days on market $67,500 Active 1165 DOM
5. 2026-06-14
   days on market $67,500 Active 1163 DOM
6. 2026-06-13
   days on market $67,500 Active 1162 DOM
7. 2026-06-10
   days on market $67,500 Active 1160 DOM
8. 2026-06-09
   days on market $67,500 Active 1159 DOM
9. 2026-06-08
   days on market $67,500 Active 1158 DOM
10. 2026-06-07
    days on market $67,500 Active 1157 DOM
11. 2026-06-03
    days on market $67,500 Active 1154 DOM
12. 2026-06-02
    days on market $67,500 Active 1153 DOM
13. 2026-06-01
    days on market $67,500 Active 1152 DOM
14. 2026-05-31
    days on market $67,500 Active 1151 DOM
15. 2026-05-30
    days on market $67,500 Active 1150 DOM
16. 2025-07-19
    price $67,500
17. 2025-02-28
    status Active
18. 2025-02-25
    status Pending
19. 2025-02-07
    price $70,000
20. 2024-02-12
    status Active
21. 2024-02-02
    historical Active Contingent
22. 2023-12-14
    price $82,000
23. 2023-04-18
    price $85,000
24. 2023-04-03
    listed $95,000 Active
25. 2022-01-31
    soldstatus Sold 520-char remark

    Show marketing remark (520 chars)

    This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

26. 2021-11-02
    status Pending 520-char remark

    Show marketing remark (520 chars)

    This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

27. 2021-10-20
    historical Active Contingent 520-char remark

    Show marketing remark (520 chars)

    This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

28. 2021-08-26
    price $65,000 520-char remark

    Show marketing remark (520 chars)

    This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

29. 2021-08-24
    listed $1,500,000 Active 520-char remark

    Show marketing remark (520 chars)

    This home is for sale as part of a package or individual sale that includes MLS numbers: 14656650, 14656666, 14656675, 14656676, 14656682, 14656731, 14656740, 14656779, 14656794, 14656799, 14656804, 14656808, 14656814, 14657104, 1465711, 14657117, 14657125, 14657148, 14657159, 14657204, 14657226, 14657230, and 14657244. All properties are tenant occupied and require a minimum of 24 hour notice per landlord tenant law. Sales price is $1,500,000 firm. Proof of funds or prequalification letter due before ANY showings.

30. 1994-09-06
    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: $499 · $42/mo
• Projected year-2 tax: $499 · $42/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,347
• − Mortgage interest: −$3,781
• − Property taxes: −$499
• − Insurance: −$338
• − Repairs & maintenance: −$908
• − Management: −$908
• − Depreciation: −$1,964
• Taxable income: $2,950
• Est. tax owed @ 24.0%: −$708
• After-tax cash flow: $3,172/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): 6,415
• Household income: $19,351
• Rent vs Own: 67.9% rent · 32.1% own
• Severe rent burden: 702.0

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: Majority Black (63%)
• Race & ethnicity: Black 63% White 29% Hispanic / Latino 5% Two or more races 2%
• Common ancestry: Lithuanian 1% Slovak 1%
• Foreign-born: 2% · China
• Languages at home: 98% English-only · Tagalog/Filipino 0%

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: ▼ -0.30%
• Current HPI: 74.2131
• Rent YoY: —
• 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

-95.5% since first listed

17 events — show timeline

• 2026-06-04 Relisted — NTREIS
• 2026-06-03 Listing Removed — NTREIS
• 2025-07-19 Price Changed $67,500 NTREIS
• 2025-02-28 Relisted — NTREIS
• 2025-02-25 Pending — NTREIS
• 2025-02-07 Price Changed $70,000 NTREIS
• 2024-02-12 Relisted — NTREIS
• 2024-02-02 Contingent — NTREIS
• 2023-12-14 Price Changed $82,000 NTREIS
• 2023-04-18 Price Changed $85,000 NTREIS
• 2023-04-03 Listed $95,000 NTREIS
• 2022-01-31 Sold (MLS) — NTREIS
• 2021-11-02 Pending — NTREIS
• 2021-10-20 Contingent — NTREIS
• 2021-08-26 Price Changed $65,000 NTREIS
• 2021-08-24 Listed $1,500,000 NTREIS
• 1994-09-06 Sold (Public Records) — Public Records

Property tax history

+0.4%/yr

Latest (2025): $499 · +0.4% YoY. Source: county tax records.