$260,000

1940 Payne Ln Conway, AR 72034

Downtown Conway Neighborhood

Estimated payment $1,549/month

3 Beds
2 Baths
1,582 Sq Ft
$164 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Julia Lee Moore Elementary School Rated A
  • Porch
  • Tray Ceiling

About This Home

Welcome to 1940 Payne Lane in Conway Arkansas, a well-located property offering comfort, functionality, and easy access to everything Conway has to offer. This home provides a great layout with inviting living spaces, making it ideal for everyday living, entertaining, or investment potential. Situated in an established area, the property offers a balance of privacy and convience, with nearby shopping, dining, schools, and quick access to major roads. Whether you're looking for a primary residence or a smart addition to your real estate portfolio, this property presents an excellent opportunity in a growing market.

Listing Agent

Theresa Forrest

Forrest Realty Listed on: 12/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1999

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 712-11883-253

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 1999

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Style: Traditional, Patio Home
  • Ext Features: Patio, Porch, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 12/23/2025
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Fireplace: No Log Gas Fireplace
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1582
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Walk-In Closet(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Condo Association Fee: 150
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 125X57
  • Lot: Level, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 712-11883-253

Tax Info

  • Annual Taxes: 2036.14
  • Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,221 $48,600 $5,000 $43,600
2024 $2,036 $48,600 $5,000 $43,600
2023 $1,851 $36,580 $5,000 $31,580
2022 $1,810 $36,580 $5,000 $31,580
2021 $1,659 $36,580 $5,000 $31,580
2020 $1,508 $29,810 $5,000 $24,810
2019 $1,508 $29,810 $5,000 $24,810
2018 $1,508 $29,810 $5,000 $24,810
2017 $1,508 $29,810 $5,000 $24,810
2016 $1,508 $29,810 $5,000 $24,810
2015 $1,512 $29,890 $5,000 $24,890
2014 $1,512 $29,890 $5,000 $24,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 For Sale $260,000 +9.7% $164 / Sq Ft
07/03/2025 07/03/25 Sold $237,000 -2.3% $150 / Sq Ft View Prior Sale
06/26/2025 06/26/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $242,500 -- $153 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $237,000 Lenders Title Company
Quit Claim Deed -- Lenders Title Company
Warranty Deed $125,000 --
Warranty Deed $125,000 None Available
Deed $103,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Construction
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25049760

Cooperative Arkansas REALTORS® MLS

APN: 712-11883-253

Arkansas Faulkner County Conway 72034 Downtown Conway

1940 Payne Ln, Conway, AR

For Sale

Detached

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.

Cooperative Arkansas REALTORS® MLS 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.

Nearby Homes
Theresa Forrest
Listing Agent
Theresa Forrest
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Forrest Realty
(501) 214-1159