562 Rheas Mill Rd Farmington, AR 72730
Estimated payment $4,673/month
Highlights
- 2 Acre Lot
- Property is near park and schools
- Attic
- Jerry Pop Williams Elementary School Rated A-
- Wood Flooring
- Granite Countertops
About This Home
A one-of-a-kind property in the heart of Farmington — two homes, 5 bedrooms, and over 3,399 SF of living space on 2 acres. The brick main home (2,409 SF) offers a wide-open floor plan with granite kitchen, split bedrooms, home office, mudroom, and multiple flex rooms for offices or playrooms. Covered front porch perfect for entertaining. Garage with tornado shelter and EV charging station. Everything updated — new flooring, paint, lighting, and AC. Next door, a 40x50 red iron building houses a completely independent 990 SF home with its own HVAC and septic, plus 1,010 SF of workshop with drive-through roll-up doors. Whether it's a guest house, rental income, or multi-generational living, the possibilities are endless. The grounds include a 480 SF office shed with 100-amp power, greenhouse, 215 ft of raised beds, rose garden, thornless raspberries, and a ready-to-use chicken coop. White vinyl fencing, new concrete patio, and high-speed fiber internet to both homes.
Listing Agent
Collier & Associates Brokerage Phone: 479-332-9631 License #SA00089829 Listed on: 04/05/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,436
Year Built
- Built in 2014
Lot Details
- 2 Acre Lot
- Back Yard Fenced
- Level Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
Interior Spaces
- 3,400 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Electric Fireplace
- Blinds
- Mud Room
- Storage
- Fire and Smoke Detector
- Attic
Kitchen
- Electric Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Garage Door Opener
- Driveway
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outbuilding
- Storm Cellar or Shelter
Location
- Property is near park and schools
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
Overview
- Farmington Outlots Subdivision
Recreation
- Park
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 |
|---|---|---|---|---|
| 2025 | $3,016 | $71,050 | $21,500 | $49,550 |
| 2024 | $3,152 | $71,050 | $21,500 | $49,550 |
| 2023 | $2,509 | $71,050 | $21,500 | $49,550 |
| 2022 | $2,559 | $54,730 | $15,250 | $39,480 |
| 2021 | $2,436 | $52,150 | $15,250 | $36,900 |
| 2020 | $2,436 | $52,150 | $15,250 | $36,900 |
| 2019 | $2,082 | $38,490 | $8,750 | $29,740 |
| 2018 | $2,082 | $38,490 | $8,750 | $29,740 |
| 2017 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2016 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2015 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2014 | $2,180 | $10,370 | $8,750 | $1,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2026 04/05/26 | For Sale | $849,000 | +99.8% | $250 / Sq Ft | |
| 02/21/2023 02/21/23 | Sold | $425,000 | +2.4% | $212 / Sq Ft | View Prior Sale |
| 01/31/2023 01/31/23 | For Sale | $414,900 | +361.0% | $207 / Sq Ft | |
| 02/15/2013 02/15/13 | Sold | $90,000 | -7.7% | -- | View Prior Sale |
| 01/16/2013 01/16/13 | Pending | -- | -- | -- | |
| 01/03/2013 01/03/13 | For Sale | $97,500 | -- | -- |
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1341726
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Ask me questions while you tour the home.