NOT LISTED FOR SALE

Estimated Value: $824,000 - $900,000

39.76 Acres
$21,680 Price per Acre
1,731,946 Sq Ft Lot

Sale Details

Date Sold: May 16, 2025

Last sale price $1,500,000 $1,786 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $4,836 / mo

3 Days on Market

Highlights

  • 39.76 Acre Lot
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Willis Shaw Elementary School Rated A-

About This Lot

As of May 2025

This gently rolling 40 acre property near Elm Springs is bursting with character, and poised for a multitude of development options. From its quaint old homestead on the east side, venture west up the rise to discover a beautifully plateaued pasture, 2 ponds, and approximately 9 acres of gorgeous timber. Maintain its rural, bedroom community feel with a small handful of large homesites, or take advantage its full potential and excellent location with more dense development. This tract is positioned a comfortable 1/4 mile off the new 412 bypass, and just a convenient 3/4 mile from the new XNA Access interchange west of 612. Electricity, water, and cable are at the road, and the investment opportunity is undeniable. Call today for your private tour, and don’t miss the chance at this excellent slice of NWA ground.

Last Agent to Sell the Property

Max Farrell

Midwest Land Group, LLC Brokerage Phone: 479-426-8303 License #PB00083850 Listed on: 04/14/2025

Midwest Land Group, LLC

Last Buyer's Agent

Max Farrell

Midwest Land Group, LLC Brokerage Phone: 479-426-8303 License #PB00083850 Listed on: 04/14/2025

Midwest Land Group, LLC
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $977

Lot Details

  • 39.76 Acre Lot
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot

Additional Features

  • Mobile Home Allowed
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$977

Lot Details

39.76 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 39.76
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Directions: From Elm Springs, take Water Ave 1.1 miles west; turn right onto Downum/Snavely Dr and go 0.6 mile to property on left.
  • ResoPropertyType: Land
  • Attribution Contact: 479-426-8303
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Full
  • Lot Features: Cleared, Mobile Home Allowed, Not In Subdivision, Other, See Remarks
  • Topography: Rolling
  • Disclosures: Seller Disclosure

Utilities

  • Sewer: Septic Needed

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Springdale

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 977.0
  • Tax Block: na
  • Tax Lot: na

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 15, 2025
Sold by
Bought by
Seller's Agent
Max Farrell
Midwest Land Group, LLC
Buyer's Agent
Max Farrell
Midwest Land Group, LLC
List Price
$1,200,000
Sold Price
$1,500,000
Premium/Discount to List
$300,000
25%
Views
4
Current Estimated Value
$862,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$638,000
Avg. Annual Appreciation
-36.50%

Purchase Details

Closed on
Aug 11, 1999
Bought by

Purchase Details

Closed on
Jun 27, 1986
Bought by

Purchase Details

Closed on
Jun 23, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Waco Title
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $975,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $1,500,000 +25.0% $1,786 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $1,200,000 -- $1,429 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,063 $30,144 $15,313 $14,831
2024 $996 $30,114 $15,283 $14,831
2023 $905 $18,620 $8,830 $9,790
2022 $840 $18,620 $8,830 $9,790
2021 $763 $18,620 $8,830 $9,790
2020 $697 $13,250 $6,380 $6,870
2019 $697 $13,250 $6,380 $6,870
2018 $697 $13,250 $6,380 $6,870
2017 $628 $13,250 $6,380 $6,870
2016 $628 $13,250 $6,380 $6,870
2015 $570 $10,830 $4,260 $6,570
Source: Public Records

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Map

Source: ArkansasOne MLS

MLS Number: 1304611

ArkansasOne MLS

APN: 07-00200-041

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