Prime 43-Acre Development Opportunity in Cabot Seize the chance to develop a premier residential community in the thriving area of Cabot! This expansive 43-acre parcel offers the perfect canvas for a new subdivision, strategically located next to an already established neighborhood. With its rural charm and proximity to urban amenities, this property is a developer's dream. **Key Features:** - **Expansive 43 Acres**: Plenty of space to design and build a cohesive, attractive subdivision. - **Prime Location**: Adjacent to a newly developed subdivision, ensuring a built-in market of interest and connectivity. - **Convenient Access**: Just a 30-minute drive from Little Rock, providing easy access to city amenities while maintaining a peaceful, rural atmosphere. - **Growing Community**: Cabot is experiencing significant growth, making this an ideal time to invest in residential development. This property is perfectly poised for a visionary developer looking to capitalize on Cabot’s growth and the demand for new housing. Don’t miss out on this exceptional opportunity to create a vibrant new community! For more information and to schedule a viewing, contact us today.
Property Details
Property Features
Listing Office:
Office Name: Century 21 Parker & Scroggins Realty - Conway
Listing Agent: Christopher White
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Level, Wooded
Lot Size: 43.84 Acres
Other
Directions Information:
Directions: From Sandhill Rd turn onto Mt Tabor. The property is straight down off of Ford Dr
Price Information
Listing Price Info
Price Summary:
List Price: $384,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lonoke, AR.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,989
Per Month
Principal & Interest
$1,922
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,220
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Lonoke Elementary School
900 W Palm St
Distance between this listing and this school5.08 miles
Public District Grades 3-5
4
/10
Carlisle Elementary School
707 E 5th St
Distance between this listing and this school8.21 miles
Public District Grades PK-6
5
/10
England Elementary School
400 E Dewitt St
Distance between this listing and this school13.68 miles
Public District Grades PK-6
Nearby Schools
7
/10
Lonoke Middle School
1100 W Palm St
Distance between this listing and this school5.21 miles
Public District Grades 6-8
6
/10
Cabot Junior High South
38 Panther Trl
Distance between this listing and this school17.88 miles
Public District Grades 7-8
6
/10
Cabot Middle School South
2555 Kerr Station Rd
Distance between this listing and this school18.07 miles
Public District Grades 5-6
Nearby Schools
5
/10
Lonoke High School
501 W Academy St
Distance between this listing and this school5.03 miles
Public District Grades 9-12
5
/10
Carlisle High School
145 Raborn Rd
Distance between this listing and this school8.30 miles
Public District Grades 7-12
3
/10
England High School
501 Pine Bluff Hwy
Distance between this listing and this school13.32 miles
The neighbors living near this home have an average income of $24,070. Most Lonoke, AR residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 Ford Dr
What is the listing price of this property?
The listing price of 000 Ford Dr property is $384,900.
What type of property is this?
The property 000 Ford Dr is land located in Lonoke, Arkansas, 72086.
Is this property for sale now?
Active Listing: 000 Ford Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 000 Ford Dr in Lonoke, AR and zip code 72086. This home sits on a 43.84 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $384,900.
Lonoke, AR housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. Between October 2024 and November 2024, Lonoke, AR real estate market has seen decrease in the number of listings by 10.3%.
From Rocket Homes Real Estate and based on county public records data.