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20640 Trail Rd, Fayetteville, AR, 72701

$49,900

2.02 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1293966
Lot Size2.02 Acres
StatusActive

About 20640 Trail Rd

Discover the perfect canvas for your dream home on this expansive lot, conveniently located just 7 minutes from Elkins High School. Enjoy the tranquility of rural living with the convenience of Mt. Olive water service already in place. Utilities are easily accessible, with gas available along the road and electricity provided by Ozark Electric at the street. Additionally, the property includes a well that will require a new pump. Situated near Fayetteville, this property offers easy access to a variety of amenities, including parks, trails, and recreational facilities. Embrace the opportunity to create your ideal lifestyle in this serene and accessible location.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Associates, LLC
  • Office Phone: (479) 684-5757

Lot Features

Lot Information:

  • Lot: Rural Area, Sloped, Wooded
  • Lot Size: 2.02 Acres

Other

Directions Information:

  • Directions: From Hwy 16 in Elkins, continue East towards Durham. Turn South onto Hazel Valley Rd. After .31 miles turn Left onto Trail Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900

Tax Information:

  • Annual Amount: $331
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fayetteville, AR.

Med. Sold Price

$379.3K

Med. Price/SqFt

$209

Avg. Days On Market

74

# of Sold Homes

102

20640 Trail Rd vs Fayetteville

8 DAYS ON ROCKET

-66 Days

$49,900

-$329.4K Less

KEY TAKEAWAY

This property is $329.4K less than the Median Sold Price in Fayetteville, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1293966

Listing Office:

  • Office Name: RE/MAX Associates, LLC
  • Office Phone: (479) 684-5757

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$331$6,550
2020$313$6,550
2019$285$5,620
2018$282$5,620
2017$282$5,620

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

Nearby Schools

school-card-donut-841669
8
/10
  • Elkins Elementary School

  • 349 N Center St

  • 4.67 miles

  • Public District Grades 3-5

school-card-donut-841670
4
/10
  • Greenland Elementary School

  • 200 N Sandy Ave

  • 11.46 miles

  • Public District Grades KG-4

school-card-donut-841671
7
/10
  • Happy Hollow Elementary School

  • 300 S Ray Ave

  • 11.82 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,616. Most Fayetteville, AR residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Fayetteville, 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 Fayetteville, AR?

Fayetteville's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include modern farmhouses, colonial revivals, and contemporary craftsman homes. The market also features a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Fayetteville is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.

Is Fayetteville, AR a good place to live?

Fayetteville is celebrated for its vibrant community spirit and rich cultural scene. The city prides itself on being home to a variety of local events, including music festivals and art fairs that showcase the creativity and diversity of its residents. The area's character is further defined by its scenic landscapes and well-maintained parks, which offer residents and visitors alike a chance to enjoy outdoor activities and community gatherings throughout the year.

Are things conveniently located in Fayetteville, AR?

The community is served by a comprehensive array of services designed to meet the needs of its diverse population. Educational opportunities are abundant, with numerous public and private schools providing quality education from elementary through high school levels. Fayetteville also hosts higher education institutions, contributing to the city's educational landscape. Healthcare services are readily available, with several hospitals and clinics offering a range of medical care, from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on locally-owned businesses and farm-to-table dining experiences.

What does the transportation in Fayetteville, AR look like?

Fayetteville's transportation infrastructure supports both private and public transit options, catering to the needs of commuters and residents. The city's public transportation system includes buses that operate on a set schedule, facilitating access to key areas within the city. The community is also bike-friendly, with designated bike lanes and trails that encourage cycling as a mode of transport. Major roads and highways connect Fayetteville to neighboring cities and regions, and ongoing investments in transportation aim to enhance the efficiency and accessibility of the city's transport network.

Frequently Asked Questions About 20640 Trail Rd

What is the listing price of this property?

The listing price of 20640 Trail Rd property is $49,900.

What type of property is this?

The property 20640 Trail Rd is land located in Fayetteville, Arkansas, 72701.

Is this property for sale now?

Active Listing: 20640 Trail 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 $331 (source: MLS/based on county public records data).

How much acreage is this property?

The property 20640 Trail Rd is 2.02 acres.
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Rocket HomesArkansasWashington CountyFayetteville7270120640 Trail Rd

This home is located at 20640 Trail Rd in Fayetteville, AR and zip code 72701. This home sits on a 2.02 acre lot. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $49,900.

Fayetteville, AR housing market in November 2024 saw over 12 listings sold above listed price, more than 29 sold at listed price and over 61 sold below. The inventory of homes for sale in Fayetteville, AR between October 2024 and November 2024 decreased by 4.1%. Listings spent 74 days on the market in November 2024, and had a median list price of $379,376 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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