$1,500,000
NEW CONSTRUCTION

11660 Cactus Jack Rd Farmington, AR 72730

Estimated payment $8,362/month

Total Views 2,975
-- Bed
-- Bath
960 Sq Ft
$1,562 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Property is near a park
  • Shops
  • 6.45 Acre Lot
  • Park
  • Luxury Vinyl Plank Tile Flooring

About This Home

Act Fast – Prime Development Opportunity! This 6.45-acre property in rapidly growing Farmington, Arkansas is fully engineered and approved for a multi-family subdivision with plans for 26 duplexes (52 units). Zoned R-2 for multi-family use, the project is greenlit by the Prairie Grove Planning Department and is a "ready-to-build" project with a licensed builder set to break ground within 30 days, giving you the perfect opportunity to start immediately! The site plans are designed to preserve native Arkansas trees, offer community space but are flexible to whatever you would like to dream up for a community -including the potential for a walking trail, pergola and gym. Build your portfolio and make an impact on the community by meeting the growing demand in Northwest Arkansas. Contact us today to learn more about the Cactus Jack Development.

Listing Agent

Bootsie Adams

Blue Canopy Realty Brokerage Phone: 479-409-5499 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1947 | Newly Remodeled

Lot Details

  • 6.45 Acre Lot

Home Design

  • Home to be built
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Plank Tile Flooring

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00C

Community Details

Overview

  • 26 Units
  • Taylor Sub Subdivision

Recreation

  • Park

Additional Features

  • Shops
  • Gross Income $1,270,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 1947 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 6.45
  • Road Frontage Type: Public Road
  • Subdivision Name: Taylor Sub
  • Directions: West on Martin Luther King Jr BLVD from Exit 62, Follow for 5.5 Miles, Turn left on Cactus Jack Road, 500ft then on your left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: 479-409-5499
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: None
  • Living Area: 960.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Not In Subdivision, Near Park
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Property Condition: To Be Built
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near State Park, Near Schools, Park, Shopping
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Additional Parcels Description: 805-21801-000 ; 805-21802-000
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26
  • Annual Gross Income: 1270800.0

Tax Info

  • Tax Annual Amount: 939.0
  • Tax Block: N/A
  • Tax Lot: 00C

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,025 $26,180 $10,630 $15,550
2023 $975 $26,180 $10,630 $15,550
2022 $887 $16,420 $7,530 $8,890
2021 $884 $16,420 $7,530 $8,890
2020 $531 $10,790 $7,530 $3,260
2019 $488 $8,970 $6,530 $2,440
2018 $488 $8,970 $6,530 $2,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $1,500,000 0.0% --
04/08/2025 04/08/25 For Sale $1,500,000 +650.0% $1,563 / Sq Ft
01/18/2017 01/18/17 Sold $200,000 -20.0% $44 / Sq Ft
01/16/2017 01/16/17 For Sale $249,900 -- $55 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $155,000 Unknown
Closed $128,479 Construction
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1303827

Northwest Arkansas Board of REALTORS®

APN: 805-21803-000