Wonderful 0.62 Acre lot Right off of MLK that fronts Hanshew Rd. This lot is zoned C-2 and is some of the last C-2 Commercial property left in Fayetteville. Lot is open, level, and ready for development. So come make your dreams come true. The adjacent lot is also for sale. it's MLS number 1279412. Please call agent for showing appointment.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Real Estate Results
Office Phone: (479) 271-9595
Lot Features
Lot Information:
Lot: Business District, Open Lot
Lot Size: 0.62 Acres
Other
Directions Information:
Directions: Head south on US-62 W/M.L.K. Jr Blvd toward US-62 E turn left onto Hanshew Rd turn left into destination.
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Tax Information:
Annual Amount: $2,124
Tax Year: 2021
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 Fayetteville, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
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
$816
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
8
/10
Jerry Pop Williams Elementary School
322 Broyles St
Distance between this listing and this school1.30 miles
Public District Grades KG-3
6
/10
Owl Creek Elementary School
375 N Rupple Rd
Distance between this listing and this school1.59 miles
Public District Grades PK-4
5
/10
Bob Folsom Elementary School
230 S Grace Ln
Distance between this listing and this school2.49 miles
Public District Grades KG-3
Nearby Schools
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school1.54 miles
Public District Grades 7-8
6
/10
Greenland Middle School
55 N Sandy Ave
Distance between this listing and this school4.17 miles
Public District Grades 5-8
8
/10
Woodland Junior High School
1 E Poplar St
Distance between this listing and this school4.23 miles
Public District Grades 7-8
Nearby Schools
2
/10
Agee Lierly Life Preparation Services School
2350 W Old Farmington Rd
Distance between this listing and this school1.35 miles
Public District Grades 9-12
6
/10
Farmington Jr. High School
278 W Main St
Distance between this listing and this school2.25 miles
Public District Grades 7-9
5
/10
Fayetteville High School
1001 W Bulldog Blvd
Distance between this listing and this school2.30 miles
The neighbors living near this home have an average income of $44,955. Most Fayetteville, AR residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1640 S Hanshew Rd
What is the listing price of this property?
The listing price of 1640 S Hanshew Rd property is $250,000.
What type of property is this?
The property 1640 S Hanshew Rd is land located in Fayetteville, Arkansas, 72701.
Is this property for sale now?
Active Listing: 1640 S Hanshew Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,124 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 7, 2011 for $115,000. (source: MLS/tax record).
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 1640 S Hanshew Rd in Fayetteville, AR and zip code 72701 in the West 62 neighborhood. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $250,000.
In October 2024, from all listings sold in Fayetteville, AR there were more than 12 sold above asking price, over 65 sold below and more than 30 were sold right at the asked price. The number of homes for sale in Fayetteville, AR decreased by 1.2% between September 2024 and October 2024. Listings spent 85 days on the market in October 2024, and had a median list price of $379,751 during the same period.
From Rocket Homes Real Estate and based on county public records data.