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Rough estimate — a quick conversation with James dials in the real number.
Automated range from 31 comparable homes currently listed in ZIP 71106 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.
Tenant-occupied, income-producing Shreveport rental offered at $60,000. This 2-bedroom, 1-bath home is currently rented for $800 per month, producing gross rental income of $9,600 annually. Owner-reported property taxes and insurance total approximately $1,415 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,315 annually, producing estimated NOI of $7,285 and a 12.14% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. The long-term tenant has reportedly occupied the property for at least three years, and the current tenancy includes documented housing-assistance support. Continued program participation and payments are subject to program approval and buyer compliance. Built in 1985, the property contains approximately 1,218 square feet. Seller reports the home was completely remodeled before tenant placement, with improvements including electrical, plumbing, water heater and roof, which may reduce near-term deferred-maintenance risk. Please do not disturb the tenant. Showings must be scheduled through the listing agent. Financial information is provided by the owner and should be independently verified by the buyer
153 days on market · Listing updated Aug 26, 2026, 4:58 PM CT
Listed by: Steven Pracht, Pinnacle Realty Advisors 318-233-1045
Source: NTREIS · MLS #: 21219961
Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.
School district (per MLS): Caddo PSB
School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.
Cedar Grove Add subdivision · Shreveport, TX 71106 · Caddo County
Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.