1068 College St · Shreveport, LA 71104

$90,000

5 bd · 3.0 ba · 3,321 sqft · SingleFamily public records · 1 Days on market

Built 1929 5,663 sqft lot $27/sqft · 67% below area ↓ 28% since listing

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.4/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

Key facts

• Breakfast nook
• Historic highland
• Work-saver kitchen

Tags

• HISTORIC HIGHLAND
• WELCOMING GREETING ROOM
• WORK-SAVER KITCHEN
• BREAKFAST NOOK
• CONVENIENTLY LOCATED

Property features AI

Finance

• Financial info: Listing marked Real Estate Owned
• HOA & community: No association

Exterior

• Parking: Driveway (no garage or covered/carport spaces listed)
• Utilities: City sewer; City water; Electricity connected; Individual water meter; Not in a municipal utility district
• Home design: Single-family residence; Residential property; Entry level features spread across two stories
• Construction: Built in 1929; Wood construction; Asphalt roof; Pillar/post/pier foundation
• Exterior features: Less than 0.5 acre lot; Subdivision: Tuxedo Park Sub

Interior

• Kitchen: Dishwasher; Electric cooktop; Double oven; Vented exhaust fan
• Bedrooms: Primary bedroom on level 1; Four additional bedrooms on level 2 (total 5 bedrooms)
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: 12 total rooms; Built-in cabinets in the kitchen; Other interior features; Two levels; One living area; One dining area
• Laundry & utility: Utility room on level 1

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $844 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Cap rate 17.5% 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: Rents rising (+3.6%/yr); 146 active listings in the ZIP; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($57k/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 $622 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.
• At projected returns (-3.0% appreciation + 3.6% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y ago 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

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,000

Questions for the listing agent

1. Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.98% ✓
• Cap rate: 17.54%
• Cash-on-cash: 40.17%
• DSCR: 2.79
• GRM: 4.2

CMA / ARV

• ARV (median comp): $264,878
• List price: $90,000
• Delta: -62.25%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1062 Boulevard St	0.07mi	4/2.5 (-1)	3,377 (+2%)	2mo	$74,000	$22	85
1132 Dalzell St	0.14mi	6/2.5 (+1)	3,540 (+7%)	5mo	$299,500	$85	71
1027 Wilkinson St	0.43mi	5/4.0	3,329 (+0%)	9mo	$235,000	$71	68
835 Prospect St	0.42mi	4/4.0 (-1)	3,143 (-5%)	10mo	$131,100	$42	54
718 Kirby	0.67mi	5/3.0	3,084 (-7%)	21mo	$94,900	$31	39
2504 Pinehurst Blvd	0.75mi	4/1.5 (-1)	3,485 (+5%)	13mo	$174,900	$50	35

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 · 3.56% rent growth · sell at horizon

5-year hold

• IRR: 37.2%
• Equity multiple: 2.59×
• Total profit: $40,143
• Equity at exit: $13,419

10-year hold

• IRR: 44.0%
• Equity multiple: 5.30×
• Total profit: $108,298
• Equity at exit: $7,782

Cash invested: $25,200 (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 71104

• Home prices YoY: -32.2%
• Rents YoY: 3.6%
• Active inventory: 146
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,784 medium
• Mortgage (P&I): −$472
• Tax from tax record: −$57 /mo · $679/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $844

Break-even live

Break-even rent $717

Max offer price $90,000

Occupancy floor 48%

Sensitivity live

Price	-10% $894	-5% $869	+0% $844	+5% $818	+10% $793
Rent	-10% $703	-5% $773	+0% $844	+5% $914	+10% $984
Rate	-1.0pp $889	-0.5pp $866	base $844	+0.5pp $820	+1.0pp $796

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-17
   pricedays on marketlisting id $90,000 Active 1 DOM
2. 2026-06-14
   days on market $100,000 Active 86 DOM
3. 2026-06-13
   days on market $100,000 Active 85 DOM
4. 2026-06-10
   days on market $100,000 Active 83 DOM
5. 2026-06-09
   days on market $100,000 Active 82 DOM
6. 2026-06-09
   status $100,000 Active 81 DOM
7. 2026-05-18
   status Pending 396-char remark
8. 2026-05-04
   price $100,000 396-char remark
9. 2026-04-24
   price $130,000 396-char remark
10. 2026-03-26
    price $135,000 396-char remark
11. 2026-02-26
    listed $140,000 Active 396-char remark
12. 2023-02-16
    soldstatus $160,000
13. 2023-02-15
    soldstatus Closed 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

14. 2023-01-23
    status Pending 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

15. 2023-01-12
    historical Active Contingent 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

16. 2022-12-25
    status Active 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

17. 2022-12-17
    historical Active Contingent 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

18. 2022-12-02
    price $169,900 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

19. 2022-11-22
    listed $175,000 Active 389-char remark

    Show marketing remark (389 chars)

    Welcome to Historic Highland! This home features 6 beds 2.5 baths and over 3000 square feet! Recent improvements to this property include new dishwasher, new disposal, new cooktop, new venthood, new flooring, new mini blinds, several new windows, new upstairs central ac, fresh paint, new screens on sun porch, new roof in 2018, and siding in 2020! Call and schedule your showing today!

20. 2019-01-17
    soldstatus $125,000
21. 2005-04-11
    soldstatus
22. 1994-09-15
    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: $679 · $57/mo
• Projected year-2 tax: $679 · $57/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,411
• − Mortgage interest: −$5,041
• − Property taxes: −$679
• − Insurance: −$450
• − Repairs & maintenance: −$1,713
• − Management: −$1,713
• − Depreciation: −$2,618
• Taxable income: $9,197
• Est. tax owed @ 24.0%: −$2,207
• After-tax cash flow: $7,915/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): 12,975
• Household income: $56,833
• Rent vs Own: 54.7% rent · 45.3% own
• Severe rent burden: 759.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Black 28% Two or more races 10% Hispanic / Latino 10% Asian 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 6% Lithuanian 4% Scottish 2%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 5% French/Haitian/Cajun 1% Tagalog/Filipino 1%

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: ▼ -49.61%
• Current HPI: 104.3781
• Rent YoY: ▲ 3.56%
• 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

-28.0% since first listed

19 events — show timeline

• 2026-06-16 Listed $90,000 NTREIS
• 2026-06-14 Listing Removed — NTREIS
• 2026-06-08 Relisted — NTREIS
• 2026-05-18 Pending — NTREIS
• 2026-05-04 Price Changed $100,000 NTREIS
• 2026-04-24 Price Changed $130,000 NTREIS
• 2026-03-26 Price Changed $135,000 NTREIS
• 2026-02-26 Listed $140,000 NTREIS
• 2023-02-16 Sold (Public Records) $160,000 Public Records
• 2023-02-15 Sold (MLS) — NTREIS
• 2023-01-23 Pending — NTREIS
• 2023-01-12 Contingent — NTREIS
• 2022-12-25 Relisted — NTREIS
• 2022-12-17 Contingent — NTREIS
• 2022-12-02 Price Changed $169,900 NTREIS
• 2022-11-22 Listed $175,000 NTREIS
• 2019-01-17 Sold (Public Records) $125,000 Public Records
• 2005-04-11 Sold (Public Records) — Public Records
• 1994-09-15 Sold (Public Records) — Public Records

Property tax history

-0.3%/yr

Latest (2025): $679 · +0.4% YoY. Source: county tax records.