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116 Lillian St, Bossier City, LA, 71111

2beds
2baths
1,478sqft
$28,000
$19price/sqft
$323/moest. monthly cost
$12,920/yrincome needed

About This Home

Investor special in the heart of Bossier City! This property is all about location—walking distance to the new Live! Casino and Boomtown Casino, and just minutes from the East Bank District with its restaurants, nightlife, and entertainment. The existing structure is a 2 bedroom, 2 bath home with the potential to be reconfigured into a 3 2, a layout that’s especially attractive for short-term and mid term rentals. While the house needs significant work and may even be a full rehab or redevelopment project the opportunity here lies in the booming entertainment corridor right outside your door. With ongoing development and strong demand for rentals near the casinos and East Bank, this property represents a smart play for investors looking to capture both cash flow and appreciation. Bring your vision and seize this chance to own in one of Shreveport Bossier’s fastest-evolving areas!

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
69
BikeBikeable

Schools

6/10
3/10
Bossier High SchoolGrades 8-120.5 mi
3/10
Rusheon Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • Year built: 1962

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other

Interior Area

  • Total interior livable area: 1,478 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 137345

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Hail
Heat Wave
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $141$1,692
Home Insurance *$20$240
Property Taxes $15$180
Electricity $147$1,773
Total$323$3,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$11,074/yr
40% on housing$9,690/yr
45% on housing$8,613/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$19This listing

vs Other Active Listings

Avg $/sqft

ZIP 71111$132
Bossier Parish$136

vs Homes Sold Last Month

Median $/sqft

ZIP 71111$151
Bossier Parish$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-30Listed for sale$28,000
2026-03-02Listing removed$39,900
2026-01-01Listed for sale$39,900
2025-12-17Pending sale$39,900
2025-09-29Listed for sale$39,900
2024-10-01Listing removed$59,000
2024-04-10Listed for sale$59,000
2024-04-07Pending sale$59,000
2024-04-06Contingent$59,000
2024-03-29Listed for sale$59,000
2024-03-15Listing removed$74,900
2024-01-11Price change$74,900
2023-09-14Listed for sale$85,000

For Sale by Agent

AgentMitchell Branch
BrokerageBerkshire Hathaway HomeServices Ally Real Estate

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