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Reservoir

Reservoir

Suburban Neighborhood in Little Rock, Arkansas

Pulaski County 72227

Neighborhood Reviews
3.2
$267,672 Average Value
$125 Average Price per Sq Ft
29 Homes For Sale

Reservoir, a green suburb

Homebuyers don’t just choose Reservoir for its suburban feel and proximity to Downtown Little Rock. “Homebuyers are drawn to Reservoir’s affordable price range and convenient access to restaurants and thoroughfares,” says Marva Caldwell, an associate real estate broker with Coldwell Banker RPM Group who has sold homes in Little Rock for 26 years. The community is primarily made up of single-family homes and townhouses built between the 1960s and 80s. The area offers an abundance of greenspaces that allow residents to spend time hiking the woods or pursuing athletic interests.
The Reservoir neighborhood includes tightly constructed houses along the hills and trees.
The Reservoir neighborhood includes tightly constructed houses along the hills and trees.
Grassy Flat Creek adds to the natural beauty found in the Reservoir neighborhood.
Grassy Flat Creek adds to the natural beauty found in the Reservoir neighborhood.
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Single-family homes and townhouses

“Since Reservoir is more in midtown, the prices are better than the West Little Rock area,” Caldwell says. Homebuyers can purchase two-bedroom brick 1970s townhouses for between $180,000 and $290,000. Three-bedroom townhouses sell for between $330,000 and $450,000. Assessors value the area’s 1970s and 80s ranch-style houses for between $190,000 and $320,000. Homebuyers can choose from homes with traditional or Tudor features. Early 2000s Colonial Revival and New Traditional-style houses sell for between $390,000 and $650,000. Many of the neighborhoods have HOAs. Multiple houses were damaged by an EF-3 tornado in the spring of 2023 and have since undergone repairs.
Large trees shade many homes in the Reservoir neighborhood.
Large trees shade many homes in the Reservoir neighborhood.
An updated ranch style home had great curb appeal in Reservoir.
An updated ranch style home had great curb appeal in Reservoir.
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Greenspaces ideal for athletics

Residents once visited the 58-acre Reservoir Park to play disc golf, tennis, basketball and softball. But in the spring of 2023, an EF-3 tornado badly damaged the space, which has been closed ever since. The park, surrounding Jackson Reservoir, had miles of wooded hiking trails, a playground, a pavilion, open fields and restrooms. Access to the reservoir is prohibited. City officials say it will cost at least $1 million to restore the space. The neighborhood of Echo Valley has a private park that includes tennis courts and a swimming pool. The neighborhood of Colony West also has a private park, including a swimming pool and a playground.
The reservoir at the heart of Reservoir serves as a water source for Little Rock.
The reservoir at the heart of Reservoir serves as a water source for Little Rock.
Private parks include amenities like pools and tennis courts throughout Reservoir.
Private parks include amenities like pools and tennis courts throughout Reservoir.
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Public schools in and around Reservoir

Children often begin their educations at McDermott Elementary, which has a 16-to-1 student-teacher ratio and a C Niche rating. Kids move on to J.A. Fair K8 Preparatory School, about 8 miles south of the neighborhood. Teens often move on to the C Niche-rated Hall STEAM Magnet High School, which offers academies specializing in biomedical science and engineering.
McDermott Elementary School, located in the Reservoir area, is the home of the Mustangs.
McDermott Elementary School, located in the Reservoir area, is the home of the Mustangs.
Hall STEAM Magnet is one of only 3 Arkansas schools admitted to National Cum Laude Society.
Hall STEAM Magnet is one of only 3 Arkansas schools admitted to National Cum Laude Society.
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Activities and entertainment in Little Rock

Residents knock over pins and play arcade games at Professor Bowl on Towne Oaks Drive. Within 9 miles, Downtown Little Rock and East Little Rock present a plethora of activities and entertainment options. Folks can see artifacts from the 42nd presidency at the William J. Clinton Library and Museum. The Arkansas Museum of Fine Arts has works by famous artists like Rembrandt and Picasso. The Mosaic Templars Cultural Center educates visitors on Black history. Music fans travel 7 ½ miles to watch performers like John Mellencamp at the Robinson Center. Folks travel 8 miles southwest of Reservoir for the Arkansas State Fair. Downtown Little Rock holds multiple events yearly, including the Cornbread Festival and a Mardi Gras-themed festival called SoMardi Gras.
The Reservoir area neighborhood is only 10 minutes away from Downtown Little Rock.
The Reservoir area neighborhood is only 10 minutes away from Downtown Little Rock.
Take a stroll across the Two Rivers Park bridge which is only 5 minutes from the Reservoir area.
Take a stroll across the Two Rivers Park bridge which is only 5 minutes from the Reservoir area.
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Getting around Little Rock and beyond

The Rock Region METRO operates bus stops along North Rodney Parham Road. Most of the residential streets are not lined with sidewalks, but residents still enjoy walks in the evenings. Residents walk 11 ½ miles east to Bill and Hillary Clinton National Airport via Interstate 630. Downtown Little Rock is 6 miles southeast of Reservoir via North Rodney Parham Road and Interstate 630.
The Rock Metro buses run regularly up and down Rodney Parnham Road in Reservoir.
The Rock Metro buses run regularly up and down Rodney Parnham Road in Reservoir.
Rodney Parnham Road is a major dining and retail corridor that borders Reservoir.
Rodney Parnham Road is a major dining and retail corridor that borders Reservoir.
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Local dining, chain dining and retail in Reservoir

Residents enjoy vegan dishes at the Curry House Indian Kitchen in the Galleria Shopping Center. The center also includes options like Arby’s and Taco Bell. Many residents start their days with caffeinated beverages at 7 Brew. Trio’s prides itself on fresh ingredients and creative New American cuisine. The community has multiple retailers, including T.J. Maxx, Sherwin-Williams and the Dollar Tree. Local artists buy leatherworking supplies at Tandy Leather. Folks buy yesterday’s goods at the Antique & Vintage Gallery on North Rodney Parham Road, and just down the street, folks pick up prescriptions at the Drug Emporium. Shoppers check items off their grocery lists at Grocers on North Rodney Parham Road.
Trio's Tuna Poke bowl is a refreshing example of the modern cuisine found in the Reservoir.
Trio's Tuna Poke bowl is a refreshing example of the modern cuisine found in the Reservoir.
Reservoir residents enjoy authentic Indian cuisine at Curry House.
Reservoir residents enjoy authentic Indian cuisine at Curry House.
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William Palicia
Written By
William Palicia
Kenyon Gerbrandt
Photography Contributed By
Kenyon Gerbrandt
Becky Gaskill
Video By
Becky Gaskill

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Robert Richardson, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Bill and Hillary Clinton Ntl/Adams Field

20 min drive

Bus

Rodney Parham Rd & Reservoir Rd

Bus

10102 N Rodney Parham Rd

Bus

Rodney Parham & Reservoir Ar Dept Rev

Bus

Rodney Parham Rd & Brookside Dr

Bus

9720 N Rodney Parham Rd

Reviews

Niche Reviews
3.2 10 Reviews
3.0 Niche User
3/24/2015 Niche Review
Some people are fit, some people aren't.
3.0 Niche User
3/24/2015 Niche Review
You have to think about the fact that you are in Tornado Ally here. While they don't always hit right here in the city they hit fairly frequently in the outskirts of Little Rock and throughout the state. I'd definitely recommend having a weather alarm and a "safe place" to go during the spring storm season especially.
3.0 Niche User
3/24/2015 Niche Review
There are really nice neighborhoods butted up next to trashy ones.
Are you familiar with the Reservoir neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Reservoir US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 4 4
Burglary 7 4
Motor Vehicle Theft 5 4
Larceny 7 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Reservoir Demographics and Home Trends

Housing Trends

Median List Price
$267,000
Median Sale Price
$250,000
Median Single Family Sale Price
$273,000
Median Townhouse Sale Price
$80,000
Median 2 Bedroom Sale Price
$189,250
Median Change From 1st List Price
3%
Last 12 months Home Sales
109
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$125

Neighborhood Facts

Number of Homes in Neighborhood
1,687
Number of Homes for Sale
29
Median Year Built
1972
Months of Supply
3.20
Average Single Family Home Size Sq Ft
2,015
On par with the national average
1,933
Average Townhouse Size Sq Ft
1,659
Average 2 Bedroom Size Sq Ft
1,653
Median Lot Size Sq Ft
10,454

Open Houses

  • Sunday, Jun 15
    2 - 4pm

    7 Buttermilk Rd, Little Rock, AR 72227

    $393,000

    • 4 Beds
    • 3 Baths
    • 2,689 Sq Ft
    • 7 Buttermilk Rd
    • New 10 days ago

    This stunning like-new 4-bed, 3-bath split-level home has been completely remodeled from the studs up! Featuring two luxurious primary suites, this home offers modern convenience and high-end finishes throughout. Enjoy dual HVAC systems for optimal comfort and Cat6 Ethernet wiring for lightning-fast internet. The 240V garage plug is perfect for EV owners or hobbyists. The chef’s kitchen boasts

    Melissa Glidden Arkansas Home Collective Realty

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  • Sunday, Jun 15
    2 - 4pm

    2318 Breckenridge Dr, Little Rock, AR 72227

    $277,500

    • 3 Beds
    • 2.5 Baths
    • 2,239 Sq Ft
    • 2318 Breckenridge Dr
    • New 12 days ago

    Welcome to 2318 Breckenridge Dr, a beautiful home in the heart of Little Rock! This property boasts numerous upgrades, including a brand-new roof installed at the end of 2024, fresh insulation throughout the attic and garage walls, and newly installed sheetrock in the garage. The trim and doors have been freshly painted, giving the home a crisp and modern look. Enjoy the convenience of smart

    Benjamin Robles IRealty Arkansas - LR

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Robert Richardson, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has Equal Renters and Owners

Demographics

Total Population
6,767
Median Age
39
Population Density
7 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
21.6%
On par with the national average
19.1%

Finances

Median Household Income
$53,719
Significantly below the national average
$71,702
Average Household Income
$80,549

Education and Workforce

High School Graduates
93.3%
On par with the national average
89.1%
College Graduates
39.6%
Above the national average
34.1%
Advanced Degrees
13.7%
% Population in Labor Force
64.3%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
33°F
Average Summer High Temperature
91°F
Annual Snowfall
10''

Area Factors

Somewhat Bikeable

Bike Score®

13 / 100

Car-Dependent

Walk Score®

12 / 100

Minimal Transit

Transit Score®

23 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Reservoir