$3,799,000

208 Lake Dr Jonesboro, AR 72401

Estimated payment $20,708/month

Total Views 2,291
-- Bed
-- Bath
501 Sq Ft
$7,583 Price per Sq Ft

Highlights

  • Walk-In Closet
  • Garage
  • Level Lot
  • Ceiling Fan

About This Home

Investor Special!!!!!This package includes 4 Single Family Homes, plus 3 Duplex Buildings (6 Units). So you get 7 Total Properties totaling 10 Units/Doors. The annual rents from these properties are as follows: Annual Rents $123,900 7% cap rate with Annual Taxes and Insurance totaling $16,062.12. Descriptions of properties is as follows: 4620 Prospect #1 $935.00 $59.67 $46.00 2/1-800 sq ft Monthly Term. 4620 Prospect #2 $895.00 $59.67 $46.00 2/1- 800 sq ft 07/31/2025 Lease Term. 601 Paragould #3 $850.00 $58.29 $45.00 2/1- 800 sq ft 12/31/2025 Lease Term. 601 Paragould #4 $820.00 $58.29 $45.00 2/1- 800 sq ft 08/31/2025 Lease Term. 5602 Greenbrook Cv $1,295.00 $101.00 $71.00 3/1.5- 1152 sq ft 12/31/2025 Lease Term. 5606 Greenbrook Cv $1,295.00 $88.67 $58.00 3/1.5- 924 sq ft 02/28/2026 Lease Term. 1403 Broadmoor N (#B) $895.00 $84.38 $60.00 2/1.5 07/31/2025. 1403 Broadmoor S (#A) $895.00 $84.38 $60.00 2/1.5 5/31/2027 Lease Term. 1304 Lakewood $1,295.00 $95.83 $56.00 3/1.5- 912 sq ft Vacant Rented. 5208 Prospect $1,150.00 $68.33 $93.00 3/2- 1110 sq ft 05/31/2026 Lease Term.

Listing Agent

Eric Burch

Burch and Co. Real Estate Listed on: 07/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Lot Details

  • Level Lot
  • Property is zoned see remark

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • Walk-In Closet
  • 501 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Parking

  • Garage
  • Parking Pad

Utilities

  • Gas Water Heater

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 07/23/2025
  • Price Per Sq Ft: 7582.83
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Pkg Single Family
  • Zoning: see remark
  • Source Of Sq Ft: Tax Records
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 654

Interior Features

  • Foundation: Slab
  • Interior Amenities: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Built Ins, Closet - Walk In, Fan - Ceiling
  • Kitchen Equipment: Dishwasher, Disposal, Pantry

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding

Garage/Parking

  • Garage/Parking: Garage, Parking Pads, One Car, Two Car

Lot Info

  • Lot: Sloped, Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Monthly, Yearly, Restrictions On Pets

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Three Bedroom: 1295
  • Maximum Rent Two Bedroom: 935
  • Minimum Rent Three Bedroom: 1150
  • Minimum Rent Two Bedroom: 820
  • Number Of Three Bedroom Units: 5
  • Number Of Two Bedroom Units: 5
  • Number Units: 19

Tax Info

  • Annual Taxes: 580

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,596 $33,222 $3,500 $29,722
2023 $1,542 $33,222 $3,500 $29,722
2022 $1,414 $33,222 $3,500 $29,722
2021 $1,323 $27,540 $3,200 $24,340
2020 $1,323 $27,540 $3,200 $24,340
2019 $1,323 $27,540 $3,200 $24,340
2018 $1,323 $27,540 $3,200 $24,340
2017 $154 $3,200 $3,200 $0
2016 $154 $3,200 $3,200 $0
2015 $150 $3,200 $3,200 $0
2014 $127 $3,200 $3,200 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $3,799,000 +2275.9% $7,583 / Sq Ft
06/30/2017 06/30/17 Sold $159,900 -- $107 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $10,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $113,910 Commercial
Source: Public Records

Similar Home in Jonesboro, AR

  • 1805 Covey Dr, Jonesboro, AR 72404

    $3,650,000

    • Studio
    • 1805 Covey Dr
    • Jonesboro, AR

    202 CR 418 $1,395.00 3/2 - 1430 sq. ft. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft. 1711 Rosemond $995.00 3/1 - 1014 sq. ft. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft. 1425 Angelus $830.00 2/1 - 762 sq. ft. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft. 154 CR 416 $1,395.00 4/2 - 1524 sq. ft. 1805 Covey $1,800.00 4/2 - 2418

    Eric Burch Burch and Co. Real Estate

    Section Image
See All Homes in Jonesboro

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25029105

Cooperative Arkansas REALTORS® MLS

APN: 01-144152-08000

Arkansas Craighead County Jonesboro 72401

208 Lake Dr, Jonesboro, AR

This home is located at 208 Lake Dr, Jonesboro, AR 72401 and is currently priced at $3,799,000, approximately $7,582 per square foot. 208 Lake Dr is a home located in Craighead County with nearby schools including Nettleton High School, Montessori School of Jonesboro, and Blessed Sacrament School.

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
Eric Burch
Listing Agent
Eric Burch
Section Image
Burch and Co. Real Estate
(870) 359-6349