Builder will Buy down rate to 5.5% with good credit/ 20% down payment. Introducing 1615 Wilson Rd, a new construction rental property, perfect for investors seeking a low-maintenance, income-generating asset. This pristine 4-bedroom, 2-bathroom home has modern amenities and a tenant already in place with a signed 2-year lease at $2,175 per month. The tenant covers all utilities, making this a hassle-free investment with minimal maintenance requirements thanks to its brand-new construction. Featuring stainless steel appliances, quartz countertops, and soft-close cabinets, the kitchen offers a stylish, functional space. The master suite includes a custom walk-in shower, dual vanities, and a large walk-in closet. Energy efficiency is at the forefront with all-electric utilities, LED lighting, and a high-efficiency HVAC system. Outside, the home boasts a covered patio, front porch, and a fenced-in backyard, perfect for tenants to enjoy. With a stable lease already in place and low expected upkeep, this property is a fantastic turnkey investment. Check the neighboring listing for additional details. Don’t miss out on this opportunity to acquire a reliable, income-producing property!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2024
Stories: 1
Living Area: 1,632 SqFt
Listing Office:
Office Name: McLellan & Associates Real Estate Group
Office Phone: (501) 823-3649
Listing Agent: Chase Calhoun
Interior Features
Interior Information:
Appliances: Electric Range
Flooring Type: Concrete
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Parking Pads
Lot Features
Lot Information:
Lot: Sloped
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Cooling: Central Air
Other
Directions Information:
Directions: Kanis To Wilson Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $289,900
Price Per SqFt: $178/SqFt
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 Little Rock, 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.
$1,514
Per Month
Principal & Interest
$1,447
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
$936
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
2
/10
Arkansas Virtual Academy
10802 Executive Center Dr Ste 205
Distance between this listing and this school0.40 miles
Public Charter Grades KG-5
4
/10
Terry Elementary School
10800 Mara Lynn Rd
Distance between this listing and this school1.44 miles
Public District Grades KG-5
4
/10
Lisa Academy Chenal
12200 Westhaven Dr
Distance between this listing and this school1.51 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Arkansas Virtual Academy Jr
10802 Executive Center Dr Ste 205
Distance between this listing and this school0.40 miles
Public Charter Grades 6-8
6
/10
Lisa Academy
21 Corporate Hill Dr
Distance between this listing and this school0.86 miles
Public Charter Grades 6-8
8
/10
Forest Heights STEM Academy
5901 Evergreen Dr
Distance between this listing and this school3.21 miles
Public District Grades KG-8
Nearby Schools
7
/10
Lisa Academy High School
21 Corporate Hill Dr
Distance between this listing and this school0.89 miles
Public Charter Grades 9-12
5
/10
Parkview Magnet High School
2501 John Barrow Rd
Distance between this listing and this school1.13 miles
Public Magnet Grades 9-12
6
/10
Estem Public Charter High School
112 W 3rd St Fl 3
Distance between this listing and this school2.94 miles
The neighbors living near this home have an average income of $33,981. Typical income of Little Rock, AR residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Little Rock, AR
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Little Rock, AR?
Little Rock's housing market showcases a diverse array of options, with single-family homes being a significant component. Architectural styles range from charming historic homes to contemporary new constructions. The market is balanced with a mix of both homeowners and renters, reflecting the city's appeal to a variety of residents.
Is Little Rock, AR a good place to live?
Little Rock is celebrated for its vibrant culture and rich history. The community prides itself on its array of local events, including the annual Little Rock Film Festival, which highlights the city's creative spirit. The downtown area exudes a welcoming atmosphere with its blend of modern amenities and historical landmarks.
Are things conveniently located in Little Rock, AR?
The city is equipped with a robust educational system, featuring numerous public and private schools, along with higher education institutions. Healthcare services are comprehensive, with several hospitals offering a range of specialties. Public libraries are well-distributed, and the city's retail and dining scenes reflect the local Southern charm and cosmopolitan tastes.
What does the transportation in Little Rock, AR look like?
Transportation in Little Rock includes a network of buses that serve the city and surrounding areas, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also promotes walkability, particularly in the downtown and River Market districts. Major highways connect Little Rock to regional destinations, and ongoing infrastructure projects aim to enhance mobility.
Frequently Asked Questions About 1615 Wilson Rd
What is the listing price of this property?
The listing price of 1615 Wilson Rd property is $289,900.
What type of property is this?
The property 1615 Wilson Rd is a house located in Little Rock, Arkansas, 72205.
Is this property for sale now?
Active Listing: 1615 Wilson Rd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1615 Wilson Rd has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1615 Wilson Rd is 1,632 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1615 Wilson Rd is 2024.
This home is located at 1615 Wilson Rd in Little Rock, AR and zip code 72205. This 1,632 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $289,900.
In November 2024 more than 23 listings in Little Rock, AR were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 86 were sold below. Between October 2024 and November 2024, Little Rock, AR real estate market has seen increase in the number of listings by 0.4%.
From Rocket Homes Real Estate and based on county public records data.