$554,000
PENDING

164 Madison 5290 Elkins, AR 72727

Estimated payment $3,027/month

Total Views 5,431
120 Acres
$4,617 Price per Acre
5,227,200 Sq Ft Lot

About This Lot

This stellar 120 +/- acre property checks all the right boxes. Build your dream home, create a hunting retreat, or enjoy it as a weekend getaway. With plenty of road frontage, maybe even some investment potential?. It’s private, well-set up, and full of Ozark charm. The western entrance leads to a 30’x30’ two-bay shop with electric, rural water, and fiber internet. Electric runs the full length of the property. On the "back 60", a rustic off-grid cabin sits perfectly for big northern views. The cabin intentionally has no utilities, but electric is close. The terrain includes drainages flowing to Dabney Creek, natural pools, seasonal waterfalls, a small pond, and a solid trail system. Deer, turkey, and bear sign are everywhere with great hunting terrain features which include benches, funnels, and edge. A 3 +/- acre clearing in the “back 60” offers good habitat and a hunting blind. Mostly white and red oak, plus sugar maple. Gated access off a private road and Madison 5540. Just 30 min to Elkins, 40 to Fayetteville!

Listing Agent

Christopher Shadrick

Midwest Land Group, LLC Brokerage Phone: 479-530-2470 License #SA00097774 Listed on: 07/03/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 120 Acre Lot
  • Property fronts a private road
  • Property fronts a county road
  • Rural Setting
  • Wooded Lot
  • Landscaped with Trees

Additional Features

  • Mobile Home Allowed
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

0

Listing Details

  • Property Sub Type: Recreation
  • Prop. Type: Land
  • Lot Size Acres: 120.0
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Gravel
  • Directions: From Caseys General Store in Elkins head Southeast on HWY 16 for 16 miles. Turn left onto CR-5201 “also known as the low water bridge at Patrick”. Drive .7 miles and take a left onto Madison 5540. Stay on Madison 5540 for 2 miles and then turn left onto private drive 5295. Drive down the hill .2 miles and you will see a green gate and that is the entrance to the property.
  • Attribution Contact: 479-530-2470
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Mobile Home Allowed, Recreational, Rural Lot, Wooded
  • Disclosures: Seller Disclosure

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Pasture Area: 4.0
  • Wooded Area: 116.0
  • Additional Parcels Description: 001-02661-002 & 001-02654-006 & 001-02660-000 & 001-02659-001

Tax Info

  • Tax Annual Amount: 172.0
  • Tax Block: NA
  • Tax Lot: NA

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $76 $1,690 $530 $1,160
2023 $78 $1,730 $470 $1,260
2022 $83 $1,730 $470 $1,260
2021 $83 $1,730 $470 $1,260
2020 $86 $1,800 $520 $1,280
2019 $28 $520 $520 $0
2018 $26 $520 $520 $0
2017 $21 $520 $520 $0
2016 $26 $520 $520 $0
2015 $29 $580 $580 $0
2014 -- $580 $580 $0
2013 -- $580 $580 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $554,000 +30.4% --
10/09/2024 10/09/24 Sold $425,000 0.0% --
09/03/2024 09/03/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $425,000 -- --
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Waco Title
Warranty Deed $22,000 --
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Similar Property in Elkins, AR

  • 164 Madison 5290, Elkins, AR 72727

    $525,000

    • Land
    • 120 Acres
    • $4,375 per Acre
    • 164 Madison 5290
    • Elkins, AR

    This is a stellar 120 +/- acre property that checks all the right boxes. You can build your dream home on acreage, be the envy of most hunting camps, or simply enjoy it as a weekend getaway. With plenty of road frontage, it may even offer some unique investment potential. It’s got the privacy, the setup, and the kind of Ozark charm that folks dream about, and this one's worth a

    Chris Shadrick

    Section Image

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1313590

Northwest Arkansas Board of REALTORS®

APN: 001-02661-001