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5574 Grand Springs Rd
C- Composite 53.56
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).

  • ARV discount +15.0/15.0
  • Cash flow +14.6/30.0
  • 1% rule +4.8/10.0
  • DSCR +4.5/10.0
  • Schools +4.3/10.0
  • Condition / age +4.0/5.0
  • Livability +3.5/5.0
  • Rent growth +2.9/5.0
  • Appreciation +0.0/10.0

$238,997

5574 Grand Springs Rd · Slidell, LA 70461
4 bd · 2.0 ba · 1,829 sqft · SingleFamily public records · 463 Days on market
Built 2022 Good condition 7,387 sqft lot $131/sqft · 19% below area Est $295k · 19% under $63/mo HOA · 3% of rent ↓ 22% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www.xome.com/auctions. All properties are subject to a 2% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property."

Key facts

  • Community center
  • Builders warranty
  • Smart home

Tags

LAKE BEHIND HOMESMART HOMEBUILDERS WARRANTYWALKING TRAILSCOMMUNITY CENTERPOOL

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 4-bed/2.0-bath single-family listed at $239k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $57 ($686/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (2.3% below list).
  • Recommended offer: $210k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.7%/yr); 589 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($89k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 463 days — a 12% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 4y ago; this cycle's ask has dropped $41k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $210,317 (12.0% below list)

Questions for the listing agent

  1. It's been on market 463 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. 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.
  7. 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.
  8. 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
0.98%
Cap rate
6.58%
Cash-on-cash
1.03%
DSCR
1.05
GRM
8.5

CMA / ARV

ARV (median comp)
$294,995
List price
$238,997
Delta
-18.98%
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
772 Bent Cypress Ln 0.30mi 4/2.0 1,983 (+8%) 4mo $226,500 $114 69
3381 Bellwick Bay Dr 0.33mi 4/2.0 1,610 (-12%) 2mo $239,900 $149 63
5345 Fulvetta Falls Rd 0.09mi 5/3.0 (+1) 2,088 (+14%) 3mo $290,000 $139 61
5449 Fornea Glen Way 0.59mi 3/2.5 (-1) 1,776 (-3%) 2mo $274,900 $155 59
5441 Fornea Glen Way 0.59mi 4/2.0 1,612 (-12%) 1mo $249,900 $155 52
5472 Fornea Glen Way 0.59mi 4/2.0 1,612 (-12%) 2mo $256,005 $159 51
949 Channel Bend Ct 0.54mi 3/2.5 (-1) 1,644 (-10%) 2mo $262,181 $159 50
5460 Fornea Glen Way 0.59mi 4/2.0 1,612 (-12%) 4mo $244,900 $152 49
5444 Fornea Glen Way 0.59mi 4/3.0 2,038 (+11%) 2mo $302,000 $148 48
5124 Spillway Manor Dr 0.70mi 4/2.0 1,602 (-12%) 3mo $264,900 $165 44
5108 Spillway Manor Dr 0.66mi 4/2.0 1,562 (-15%) 3mo $258,900 $166 42
5132 Spillway Manor Dr 0.72mi 5/3.0 (+1) 2,016 (+10%) 1mo $296,795 $147 39

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 · 1.72% rent growth · sell at horizon

5-year hold
IRR
-16.2%
Equity multiple
0.43×
Total profit
$-37,937
Equity at exit
$35,635
10-year hold
IRR
-10.4%
Equity multiple
0.41×
Total profit
$-39,738
Equity at exit
$20,664

Cash invested: $66,919 (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 70461

Home prices YoY
-33.0%
Rents YoY
1.7%
Active inventory
589
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$2,334 high interval (Pro) →
Mortgage (P&I)
$1,253
Tax from tax record
$371 /mo · $4,454/yr
Insurance
$100
HOA
$63
Vacancy / Maint / Mgmt
$490
Net cashflow
$57

Break-even live

Break-even rent $2,262
Max offer price $238,997
Occupancy floor 93%

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
$59,749
Closing costs
$7,170
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 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5579 Grand Springs Rd Slidell, LA 4.0 2.0 1867 $2,200 $1.18 43d 1 0.04mi
7535 1st Lake Dr Slidell, LA 3.0 2.0 1564 $2,195 $1.40 17d 1 0.14mi
5169 Clarkston Grove Dr Slidell, LA 4.0 3.0 2107 $2,250 $1.07 17d 1 0.14mi
3635 Trestle Crossing Ave Slidell, LA 4.0 3.0 2208 $2,600 $1.18 43d 1 0.21mi
713 Lakeshore Vlg E Slidell, LA 3.0 2.0 1563 $2,100 $1.34 43d 1 0.32mi
5916 Honey Glade Rd Slidell, LA 4.0 2.0 2290 $2,600 $1.14 17d 1 0.40mi
109 Oak Landing Ln Slidell, LA 4.0 2.0 1884 $2,350 $1.25 17d 1 0.44mi
479 Lakeshore Vlg E Slidell, LA 4.0 2.0 1893 $2,400 $1.27 23d 1 0.44mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 43d 1 0.46mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 23d 1 0.46mi
408 Lakeshore Vlg E Slidell, LA 3.0 2.0 1785 $2,395 $1.34 11d 1 0.60mi
200 Long St Slidell, LA 2.0–4.0 2.0 1112 $1,539 $1.38 1d 1 0.69mi
5225 Summer Pecan Rd Slidell, LA 4.0 2.0 2079 $2,300 $1.11 23d 1 0.72mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1539 $2,610 $1.70 44d 1 0.75mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1586 $2,510 $1.58 1d 14 0.75mi
3616 Spruce Key Ln Slidell, LA 3.0 2.0 1635 $2,395 $1.46 1d 1 0.79mi
5265 Summer Pecan Rd Slidell, LA 4.0 2.0 1647 $2,300 $1.40 2d 1 0.81mi
301 Lakeshore Blvd N Slidell, LA 1.0–4.0 1.0–2.0 1134 $1,699 $1.50 1d 1 1.13mi
25 Oak Tree Dr Slidell, LA 4.0 2.5 2530 $2,900 $1.15 1d 1 1.38mi

HOA detail

Monthly dues
$63 · $756/yr
Likely covers
landscapingpool

Listing history 29 events

  1. 2026-06-02
    days on market $238,997 Active 463 DOM
  2. 2026-06-01
    days on market $238,997 Active 462 DOM
  3. 2026-05-31
    days on market $238,997 Active 461 DOM
  4. 2026-05-12
    status Active 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  5. 2026-05-12
    status Active 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  6. 2026-05-11
    historical 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  7. 2026-04-18
    status Active 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  8. 2026-04-18
    status Active 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  9. 2026-04-02
    historical 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  10. 2026-02-03
    status Active 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  11. 2026-02-01
    historical 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  12. 2025-07-21
    price $238,997 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  13. 2025-07-21
    price $238,997 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  14. 2025-07-20
    price $238,998 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  15. 2025-07-20
    price $238,998 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  16. 2025-07-19
    price $238,999 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  17. 2025-07-19
    price $238,999 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  18. 2025-07-02
    price $239,000 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  19. 2025-07-02
    price $239,000 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  20. 2025-04-10
    price $274,900 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  21. 2025-04-10
    price $274,900 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  22. 2025-01-31
    listed $279,500 Active 926-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  23. 2025-01-31
    listed $279,500 Active 937-char remark
    Show marketing remark (937 chars)

    No Showing until further notice!!!!!! WHAT A DEAL!!!! I AM NOT IN A FLOOD ZONE. I AM A BEAUTIFUL 4 BED 2 BATH HOME. ONLY A FEW YEARS OLD. FOR YOUR VEIWING PLEASURE A LAKE IS SITUATED BEHIND YOUR HOME. THIS IS A SMART HOME AND STILL COME WITH THE BUILDERS WARRANTY. THERE IS A POND BEHIND THE HOME FOR YOUR FISHING ENJOYMENT. LOVELY YARD FOR ENTERTAINGING. THE COMMUNITY FEATURES MANY PLAYGROUNDS, A SOCCER FIELD, BASKETBALL COURTS, WALKING TRAILS, A COMMUNITY CENTER AND AN OASIS OF A POOL. HOME IS IN CLOSE PROX TO A FREMEAUX MALL, SAMS CLUB, SEVERAL HOSPITALS, I-12 ANS SO MUCH MORE. This property has been placed in an upcoming event. All bids should be submitted at www. xome.com/auctions. All properties are subject to a 2% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. ”

  24. 2024-10-28
    price $260,000
  25. 2024-10-28
    price $260,000
  26. 2024-05-23
    listed $285,000 Active
  27. 2022-06-03
    soldstatus $305,900
  28. 2022-01-09
    listed $305,900
  29. 2022-01-09
    listed $305,900

ⓘ 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
$4,454 · $371/mo
Projected year-2 tax
$4,454 · $371/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,014
− Mortgage interest
−$13,388
− Property taxes
−$4,454
− Insurance
−$1,195
− Repairs & maintenance
−$2,241
− Management
−$2,241
− HOA
−$756
− Depreciation
−$6,953
Taxable loss
−$3,214
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$771
After-tax cash flow
$1,457/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This home is in excellent condition with a good condition score of 80. It is move-in ready with a few cosmetic updates that would further enhance its value.

Value-add opportunities

  • Both landscaping — enhances curb appeal and adds value
  • Both pond maintenance — improves property's unique selling point
  • Both paint exterior — enhances curb appeal and adds value

Renovation cost estimate screening

Value-add ROI direction

  • Both landscaping — enhances curb appeal and adds value
  • Both pond maintenance — improves property's unique selling point
  • Both paint exterior — enhances curb appeal and adds value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
St. Tammany Parish
NCES district ID
2201650
Math proficiency
43% ▼ -32.00%
Reading proficiency
55% ▼ -26.00%
Median HH income
$61,752
Composite
43.04/100
National rank
#3098
State rank
#11 of 98 in LA

Livability — Slidell

Score
70/100
State rank
#57
US rank
#7673

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Saint Tammany Parish · 228,296 people
City population
95,511
Metro
New Orleans-Metairie, LA
Population (ZIP)
34,808
Household income
$89,003
Rent vs Own
23.1% rent · 76.9% own
Severe rent burden
328.0

Population outlook (St. Tammany County) Hauer SSP2

Today (2025)
286,725 people
By 2030
304,175 · +6.1%
By 2040
336,203 · +17.3%
By 2050
364,590 · +27.2%
By 2075
433,362 · +51.1%
By 2100
470,333 · +64.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 55% Black 24% Two or more races 14% Hispanic / Latino 11% Asian 3%
Hispanic origin (detail)
Common ancestry
Lithuanian 9% Italian 1% Romanian 1%
Foreign-born
8% · Canada, China, Vietnam
Languages at home
89% English-only · Spanish 7% Chinese 1% Vietnamese 1%

Political lean MEDSL · St. Tammany

2024 margin
Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
2008→2024 swing
+9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -74.47%
Current HPI
151.3353
Rent YoY
▲ 1.72%
Metro
New Orleans-Metairie, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

-21.9% since first listed
26 events — show timeline
  • 2026-05-12 Relisted AcadianaMLS
  • 2026-05-12 Relisted GSREIN
  • 2026-05-11 Listing Removed GSREIN
  • 2026-04-18 Relisted AcadianaMLS
  • 2026-04-18 Relisted GSREIN
  • 2026-04-02 Listing Removed GSREIN
  • 2026-02-03 Relisted GSREIN
  • 2026-02-01 Listing Removed GSREIN
  • 2025-07-21 Price Changed $238,997 AcadianaMLS
  • 2025-07-21 Price Changed $238,997 GSREIN
  • 2025-07-20 Price Changed $238,998 AcadianaMLS
  • 2025-07-20 Price Changed $238,998 GSREIN
  • 2025-07-19 Price Changed $238,999 AcadianaMLS
  • 2025-07-19 Price Changed $238,999 GSREIN
  • 2025-07-02 Price Changed $239,000 AcadianaMLS
  • 2025-07-02 Price Changed $239,000 GSREIN
  • 2025-04-10 Price Changed $274,900 AcadianaMLS
  • 2025-04-10 Price Changed $274,900 GSREIN
  • 2025-01-31 Listed $279,500 GSREIN
  • 2025-01-31 Listed $279,500 AcadianaMLS
  • 2024-10-28 Price Changed $260,000 AcadianaMLS
  • 2024-10-28 Price Changed $260,000 GSREIN
  • 2024-05-23 Listed $285,000 AcadianaMLS
  • 2022-06-03 Sold (MLS) $305,900 GSREIN
  • 2022-01-09 Listed $305,900 AcadianaMLS
  • 2022-01-09 Listed $305,900 GSREIN

Property tax history

+5.1%/yr

Latest (2025): $4,454 · -2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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