$499,000
$50K PRICE DROP

1429 and 1431 Deane St Fayetteville, AR 72703

Asbell Neighborhood

Estimated payment $2,858/month

Total Views 29,033
2 Beds
1 Bath
942 Sq Ft
$530 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Property is near a park
  • Park
  • Holt Middle School Rated A-
  • Window Unit Cooling System
  • Shops

About This Home

1429 and 1431 sold as one for $499,000. Calling all investors!!!! Are you looking for your next goldmine, well here it is on this total .5 +/- acre lot in prime location to build new investment properties. Just up the street from the new Fayetteville Police Department and 2 minutes to I-49. The University of Arkansas is about 4-5 minutes away, so this would be an excellent opportunity to build student homes, duplexes or townhomes. Currently zoned RSF-4, so will need to work with the city to rezone to add more doors, but zoned RSF-8 about 100 yards down street on Deane.Total price, .50 +/- acres and total taxes in this listing is the total price, acreage and taxes are for both properties together, must be bought together and price is for both homes together and the .5 acre lot.Tenant occupied. Please do not bother tenants, do not knock on doors and no inside showings please until under contract. Value is in the land. Tenant is month to month, but would stay until new owner is ready to demolish homes.

Listing Agent

Ryan Hill

The Virtual Realty Group Brokerage Phone: 479-422-2935 License #PB00061501 Listed on: 03/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1949

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3

Community Details

Recreation

  • Park
  • Trails

Additional Features

  • Reinheimer Sub Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Reinheimer Sub
  • Directions: From Garland turn west on Deane Street and the property is down on the left. No sign. Just up the street from the new Fayetteville Police Department.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-422-2935
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Appliances: Gas Water Heater, Other, See Remarks
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: None, Other
  • Living Area: 942.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, Level, Near Park, Other, See Remarks
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Other, See Remarks

Condo/Co-op/Association

  • Community Features: Biking, Near Fire Station, Near Schools, Park, Shopping, Trails/Paths
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 765-10070-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2659.0
  • Tax Block: -
  • Tax Lot: 3

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

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 Price Changed $499,000 -9.1% $530 / Sq Ft
03/14/2025 03/14/25 For Sale $549,000 -- $583 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1301226

Northwest Arkansas Board of REALTORS®