Back 6504 Lexington Avenue
Off Market

6504 Lexington Avenue

Shreveport LA 71106

3
2
1256 sq. ft.
6272.64 sq. ft.
Single-Family
Steven PrachtSteven Pracht, last sold this property on 26 August 2026 after 152 days on market.

Overview

Tenant-occupied, income-producing Shreveport rental offered at $55,000. This 3-bedroom, 2-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 $2,054 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,954 annually, producing estimated NOI of $6,646 and a 12.08% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. Built in 2002, the property contains approximately 1,256 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. 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

Features

3 bedrooms
2 bathrooms
1256 sq. ft. floor area
6272.64 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Shreveport over the last 12 months, the estimated median property value of 6504 Lexington Avenue is $469k.

Median value
$469k
Estimated value range
$260k - $645k
Median days on market
43
Estimated value trend
261%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shreveport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 6504 Lexington Avenue

2026
Sold
Undisclosed
26 Aug 2026 by Steven Pracht, of PR Advisors LLC

Happy sellers in Shreveport

~%

We have insufficient information to provide an overview of customer satisfaction for Shreveport. Viewing the agent profiles, reviews and sales for Shreveport can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Shreveport

In the last 12 months, 189 three-bedroom single-family properties similar to 6504 Lexington Avenue, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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