Price Reduction
Address
3148 Looney Street, Shreveport, LA
Price
$ 60,000
Property Attributes
- MLS#21219931
- TypeSingle Family
- Listing Status Active
- CountyCADDO
- CityShreveport
- NeighborhoodWashington Sub
- Zip71103
- StyleSingle Family Residence
- Year Built1989
- Taxes$ 420
- Price$ 60,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage995
- Lot Size0.124 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Tenant-occupied, income-producing Shreveport rental offered at $65,000. This 2-bedroom, 1-bath home is currently rented for $850 per month, producing $10,200 in gross annual income. Owner-reported property taxes and insurance total approximately $1,462 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,362 annually, producing estimated NOI of $7,838 and a 12.06% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. Seller reports the home was completely remodeled before tenant placement, including electrical, plumbing, water heater and roof, which may reduce near-term deferred-maintenance risk. Lease, payment history, expense documentation and investor operating analysis are available for review. 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
| Price History | |
|---|---|
| 3/26/2026 | Listed $73,000 |
| 6/18/2026 | 5$69,500 |
| 7/27/2026 | 7$65,000 |
| 8/26/2026 | 8$60,000 |
General Features
| Utilities | City Sewer,City Water |
|---|---|
| Possession | Closing/Funding |
| Appliances | Electric Oven |
| School District | Caddo PSB |
| Year Built | 1989 |
| Levels | One |
| Unexempt Taxes | 420 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Washington Sub |
| Transaction Type | For Sale |
| Carport Spaces | 1 |
| County | Caddo |
| Property Type | Residential |
| HOA Type | None |
| Full Baths | 1 |
| Status | Active |
| Directions | Google maps |
| City | Shreveport |
| Standard Status | Active |
Interior Features
| Interior Features | Built-in Features |
|---|---|
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 3 |
| Lock Box Type | Call Listing Office |
| Total Bedrooms | 2 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Driveway |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1240 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Lot Size Square Feet | 5401.4400 |
| Lot Size Acres | 0.1240 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 71103
Price
Taxes
Year Built
Visits
In The Neighborhood
Shreveport
$ 37,500
2951 Poland Street
Shreveport, LA 71103
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 3 Beds + 1 Baths
Fixer Upper
Shreveport
$ 27,000
3131 Abbie Street
Shreveport, LA 71103
- Type
- Single Family
- Size
- 1,098 SqFt
- Rooms
- 3 Beds + 1 Baths
Shreveport
$ 65,000
3105 Metal Street
Shreveport, LA 71103
- Type
- Single Family
- Size
- 1,032 SqFt
- Rooms
- 2 Beds + 1 Baths
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
