Last list price
147 E Herndon St Shreveport, LA 71101
Highland/Stoner Hill Neighborhood
2
Beds
1
Bath
1,018
Sq Ft
6,970
Sq Ft Lot
Highlights
- Wood Flooring
- Fairfield Magnet School Rated A-
- 1-Story Property
About This Home
As of May 2025Investment Opportunity: 10-Property Package with 11 Units and Strong Rental Income (homes are occupied, please do not disturb the tenant)Presenting a prime investment opportunity with a portfolio of 10 well-maintained single-family homes, offering solid cash flow potential. This package includes 9 fully-occupied homes, generating consistent rental income, and 1 vacant property, ideal for owner-occupancy or quick re-leasing. Additionally, one home features a separate garage apartment, bringing the total number of units to 11. Property management is already in place, making this a hassle-free investment.Property Highlights:10 Homes + 1 Garage Apartment: A diverse selection of properties in high-demand rental areas, totaling 11 units.9 Occupied Homes: Reliable tenants in place, providing steady income.1 Vacant Property: Ready for owner-occupant or leasing.Property Management in Place: Professional management ensures smooth operations with minimal effort.Low Maintenance: Homes are well-kept, minimizing immediate repair costs.Prime Location: Close to schools, shopping, public transport, and other amenities.Investment Benefits:Attractive Rental Yields: Solid cash flow with proven rental history.Diversified Portfolio: Spread across multiple properties and units, reducing risk.Minimal Vacancy: High tenant demand ensures low turnover.Growth Potential: Areas poised for future appreciation, offering long-term upside.This 10-property package (with 11 units) offers a turn-key investment with a proven track record, ideal for investors seeking immediate returns and long-term growth. With property management already in place, this opportunity is a low-effort, high-reward addition to any portfolio.Package Includes MLS ID: 20885903,20885901, 20885874, 20885879, 20885885, 20885889, 20885916, 20885900, 20885896, 20885892
Last Agent to Sell the Property
RE/MAX Real Estate Services Brokerage Phone: 318-752-2700 License #0995691415 Listed on: 03/28/2025
Last Buyer's Agent
RE/MAX Real Estate Services Brokerage Phone: 318-752-2700 License #0995691415 Listed on: 03/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $440
Year Built
- Built in 1940
Lot Details
- 6,970 Sq Ft Lot
Home Design
- Pillar, Post or Pier Foundation
- Shingle Roof
Interior Spaces
- 1,018 Sq Ft Home
- 1-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Caddo Isd Schools Elementary School
- Caddo Isd Schools High School
Community Details
- Beverly Hills Sub Subdivision
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 171306007005500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
May 29, 2025
Sold by
Yeates Investment Properties Llc
Bought by
Poboi Enterprises Llc
Seller's Agent
Paul Bratlie
RE/MAX Real Estate Services
Buyer's Agent
Paul Bratlie
RE/MAX Real Estate Services
List Price
$45,000
Sold Price
$41,000
Premium/Discount to List
-$4,000
-8.89%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
269.15%
Original Mortgage
$650,000
Outstanding Balance
$650,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
-$605,075
Purchase Details
Closed on
Jan 10, 2017
Sold by
Watson Yates Linda Margaret
Bought by
Yeates Investment Properties Llc
Similar Homes in Shreveport, LA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | None Listed On Document | |
| Cash Sale Deed | $132,253 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | -- | -- | -- |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $45,000 | 0.0% | $44 / Sq Ft |
| 03/10/2025 03/10/25 | Rented | $795 | 0.0% | -- |
| 02/25/2025 02/25/25 | Under Contract | -- | -- | -- |
| 01/10/2025 01/10/25 | For Rent | $795 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $447 | $2,865 | $1,323 | $1,542 |
| 2023 | $447 | $2,802 | $1,260 | $1,542 |
| 2022 | $447 | $2,802 | $1,260 | $1,542 |
| 2021 | $440 | $2,802 | $1,260 | $1,542 |
| 2020 | $440 | $2,802 | $1,260 | $1,542 |
| 2019 | $420 | $2,595 | $1,260 | $1,335 |
| 2018 | $367 | $2,851 | $1,260 | $1,591 |
| 2017 | $468 | $2,851 | $1,260 | $1,591 |
| 2015 | $400 | $3,090 | $1,260 | $1,830 |
| 2014 | $404 | $3,090 | $1,260 | $1,830 |
| 2013 | -- | $3,090 | $1,260 | $1,830 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Bratlie
Seller's Agent in 2025
Paul Bratlie
RE/MAX
(318) 469-6753
19 in this area
192 Total Sales
-
Rebecca Rasmussen
Seller's Agent in 2025
Rebecca Rasmussen
RE/MAX
(318) 459-7870
1 in this area
35 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20885901
APN: 171306-007-0055-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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