3127 Walnut Rd Norman, OK 73072
Southwest Norman NeighborhoodEstimated payment $3,991/month
Highlights
- 1.03 Acre Lot
- Deck
- 2 Fireplaces
- McKinley Elementary School Rated A
- Wooded Lot
- Bonus Room
About This Home
A rare opportunity to own a beautiful home on 1.03 acres (MOL) in the heart of Norman. This home sits on two lots (now listed together at a much lower price) offering space, flexibility, and future potential. The setting feels like an enchanted forest, complete with a sprawling deck, mature trees, and a versatile open area perfect for a pool, sports court, guest house, or multi-generational living. This is a property designed for making lifelong memories. Located within walking or biking distance to OU basketball, baseball, and football games, this home is situated in a well-established area near the University of Oklahoma, with convenient access to parks, schools, and local amenities. This one-owner home was thoughtfully designed for comfort and functionality. The main level features two living areas, two dining rooms, and a private study near the spacious primary suite. The primary bedroom offers a peaceful retreat, complete with an updated en-suite bathroom. Upstairs, three additional bedrooms provide both privacy and convenience. One has its own en-suite bath, while the other two share a Jack and Jill bathroom. A large finished bonus room upstairs is perfect for a media space, playroom, or second living area. An additional unfinished 339 sq. ft. bonus room (already heated and cooled) has served as a game room and offers endless possibilities. Enjoy peace of mind with a brand new AC unit serving the upstairs (2025), while the downstairs unit was replaced in 2023. The home is on public water, and there's also a well on the property that the sellers believe sources the sprinkler system. With its generous layout, unique character, and rare opportunity for expansion on the second lot, this property is truly a remarkable find. Seller prefers to sell "as-is" but is open to considering some repairs. Make us an offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,469
Year Built
- Built in 1975
Lot Details
- 1.03 Acre Lot
- South Facing Home
- Wood Fence
- Interior Lot
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- 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
- Dishwasher
- 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 9,10,11 / 1
Map
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $690,000 | -8.0% | $179 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $750,000 | -- | $195 / Sq Ft |
Source: MLSOK
MLS Number: 1179054
APN: R0044009
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