3127 Walnut Rd Norman, OK 73072
Southwest Norman NeighborhoodEstimated payment $3,993/month
Total Views
1,282
4
Beds
3.5
Baths
3,852
Sq Ft
$169
Price per Sq Ft
Highlights
- Popular Property
- 0.56 Acre Lot
- Wooded Lot
- McKinley Elementary School Rated A
- Deck
- Tudor Architecture
About This Home
Create the luxury home of your dreams or take advantage of an investment opportunity to develop two high-end homes. Spanning a full acre across two MLS listings, this property includes the main home on 0.56 acres (MOL). An adjacent 0.47 acre lot (MOL) is listed under MLS #1170099, providing the potential to build a second home with ample space should you purchase both. The setting feels like an enchanted forest, with a sprawling deck, mature trees, and a versatile open area perfect for a pool, sports court, guest house, or multi-generational living—a space designed for making memories that last a lifetime. Located within walking or biking distance to OU basketball, baseball, and football games, this home is situated in a friendly, convenient neighborhood within the McKinley Elementary school district. This one-owner home was designed for both comfort and functionality, with abundant space to suit any lifestyle. The main level offers two living areas, two dining rooms, and a private study adjacent to the primary suite. The primary bedroom and updated en-suite bathroom provide a relaxing retreat on the main floor, while upstairs, three additional bedrooms offer both privacy and convenience. One bedroom features its own en-suite bath, while the other two are connected by a Jack and Jill bathroom. A highlight of the second floor is the spacious finished bonus room, perfect for a media space, playroom, or additional living area. Plus, an unfinished 339 sq. ft. bonus room—already heated and cooled—has served as a weight room and game room, offering endless possibilities for customization and additional space. With its generous layout, extraordinary character, and the rare opportunity to expand on an adjacent lot, this property is truly a remarkable find. Whether you're looking for a luxurious private estate or a unique investment opportunity, this home has it all. Seller prefers to sell "as-is" but will consider some repairs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,469
Year Built
- Built in 1975
Lot Details
- 0.56 Acre Lot
- South Facing Home
- Wood Fence
- Interior Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Tudor Architecture
- Slab Foundation
- Brick Frame
- Shake Roof
Interior Spaces
- 3,852 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Bonus Room
- Utility Room with Study Area
- Laundry Room
- Inside Utility
Kitchen
- Electric Range
- Free-Standing Range
- Microwave
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Deck
Schools
- Mckinley Elementary School
- Alcott Middle School
- Norman High School
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Legal Lot and Block 8,9,10 / 1
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,469 | $38,309 | $5,414 | $32,895 |
| 2023 | $4,346 | $37,193 | $6,088 | $31,105 |
| 2022 | $4,043 | $36,110 | $3,000 | $33,110 |
| 2021 | $4,262 | $36,110 | $3,000 | $33,110 |
| 2020 | $4,171 | $36,110 | $3,000 | $33,110 |
| 2019 | $4,242 | $36,110 | $3,000 | $33,110 |
| 2018 | $4,114 | $36,110 | $3,000 | $33,110 |
| 2017 | $4,160 | $36,110 | $0 | $0 |
| 2016 | $4,229 | $36,110 | $3,000 | $33,110 |
| 2015 | $4,147 | $36,502 | $3,507 | $32,995 |
| 2014 | $4,062 | $35,439 | $3,405 | $32,034 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $650,000 | -- | $169 / Sq Ft |
Source: MLSOK
Similar Homes in Norman, OK
Source: MLSOK
MLS Number: 1170027
APN: R0044009
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