$4,250,000
$500K PRICE DROP

12470 Jim Devault Rd Farmington, AR 72730

Estimated payment $23,809/month

Total Views 33,055
33 Acres
$128,788 Price per Acre
1,437,480 Sq Ft Lot

Highlights

  • 33 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Lot

This is a rare find! Most chicken farms begin to show their age and performance falls after years 12-15. NOT THIS GEM! Barns built 20 years ago (2024) continue to operate and perform like new. Continuous updates from a committed and competitive owner have this farm in top tier condition. And the gross income proves it coming in at $790k. There are 8 43x500 drop ceiling houses built in 2004. All updates are complete. But there is more. In the past 5 years this farm has gotten new drinker lines, new heaters, fan upgrades, and insulation improvements. Operates on well water with public water backup and natural gas for heat. The really good part is the location. 15 minutes to U of A and excellent public schools! AND the city is growing towards this farm. Buy it now and make money then cash out when you're ready.

Listing Agent

Dan Schwieder

Twin Oaks Realty, Inc Brokerage Phone: 479-824-4434 License #PB00061763 Listed on: 07/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1964

Lot Details

  • 33 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Aluminum or Metal Fence
  • Wire Fence

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,276 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Mobile Home

  • Mobile Home Allowed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Farmington Outlots 2008 Annex Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,488

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Lot Size Acres: 33.0
  • Road Frontage Type: County Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Farmington Outlots 2008 Annex
  • Directions: Hwy 62 in Farmington to Jimmy Devault Rd. Farm on Right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Property Sub Type Additional: Farm
  • Attribution Contact: 479-824-4434
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None, Window Treatments
  • Living Area: 2276.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Metal, Wire
  • Lot Features: Mobile Home Allowed, Rural Lot
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Roof: Asphalt, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels Description: 760-03072-000,760-03073-000,760-03074-000,760-03036-000,760-03039-000

Tax Info

  • Tax Annual Amount: 3488.0

Map

Range of Values:

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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 $2,089 $69,560 $14,430 $55,130
2023 $1,997 $69,560 $14,430 $55,130
2022 $1,815 $41,300 $10,420 $30,880
2021 $1,685 $41,300 $10,420 $30,880
2020 $1,545 $41,300 $10,420 $30,880
2019 $1,409 $26,050 $5,390 $20,660
2018 $1,409 $26,050 $5,390 $20,660
2017 $1,396 $26,050 $5,390 $20,660
2016 $1,396 $26,050 $5,390 $20,660
2015 $1,396 $26,050 $5,390 $20,660
2014 $1,111 $27,260 $5,330 $21,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $4,250,000 -5.6% $1,867 / Sq Ft
06/09/2025 06/09/25 Price Changed $4,500,000 -5.3% $1,977 / Sq Ft
07/10/2024 07/10/24 For Sale $4,750,000 -- $2,087 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,709,000 Ltc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,509,000 Seller Take Back
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1280331

Northwest Arkansas Board of REALTORS®

APN: 760-03074-000

Arkansas Washington County Farmington 72730

12470 Jim Devault Rd, Farmington, AR

This home is located at 12470 Jim Devault Rd, Farmington, AR 72730 and is currently priced at $4,250,000, approximately $1,867 per square foot. This property was built in 1964. 12470 Jim Devault Rd is a home located in Washington County with nearby schools including Bob Folsom Elementary School, Randall G. Lynch Middle School, and Farmington Jr. High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Dan Schwieder
Listing Agent
Dan Schwieder
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Twin Oaks Realty, Inc
(479) 309-5522