1 year on rocket

615 Rainbow Lake Rd, Austin, AR, 72007

$45,000

2.08 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
ViewLake
MLS #23006796
Lot Size2.08 Acres
StatusActive

About 615 Rainbow Lake Rd

Lake side corner lot in Mountain Ranch Estates. Where you can see the sky for miles. Don't miss your opportunity to build in this desirable area! Gated entrance provides a sense of peace for you and your loved ones. Perk test completed in 2021. *See agent remarks for gate code.

Property Details

Property Features

Listing Office:

  • Office Name: Dalrymple
  • Office Phone: (501) 268-2445
  • Listing Agent: Cindy Wells

Exterior Features

Exterior Information:

  • View: Lake

Lot Features

Lot Information:

  • Lot: Sloped, Subdivision, Waterfront
  • Lot Size: 2.08 Acres

Other

Directions Information:

  • Directions: Take HWY 5 to Lewisburg to Mountain Ranch Estates.

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000

HOA Fees:

  • Amount: $800
  • Frequency: Annually
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Housing Market Comparison

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

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Austin, AR

City

Med. Sold Price

$241.5K

Med. Price/SqFt

$156

# of Sold Homes

12

615 Rainbow Lake Rd vs Austin

624 DAYS ON ROCKET

$45,000

-$196.5K Less

KEY TAKEAWAY

This property is $196.5K less than the Median Sold Price in Austin, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #23006796

Listing Office:

  • Office Name: Dalrymple
  • Office Phone: (501) 268-2445
  • Listing Agent: Cindy Wells

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The 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 data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. 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: 11/21/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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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.

Nearby Schools

school-card-donut-331642
6
/10

  • Magness Creek Elementary School

  • 16150 Highway 5

  • 1.45 miles

  • Public District Grades PK-4

school-card-donut-331643
9
/10

  • Mountain Springs Elementary School

  • 3620 Mountain Springs Rd

  • 2.31 miles

  • Public District Grades PK-4

school-card-donut-331644
6
/10

  • Northside Elementary School

  • 814 W Locust St

  • 4.18 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,211. Most Austin, AR residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 615 Rainbow Lake Rd

What is the listing price of this property?

The listing price of 615 Rainbow Lake Rd property is $45,000.

What type of property is this?

The property 615 Rainbow Lake Rd is land located in Austin, Arkansas, 72007.

Is this property for sale now?

Active Listing: 615 Rainbow Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 615 Rainbow Lake Rd is 2.08 acres.
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Rocket Homes›Arkansas›Lonoke County›Austin›72007›615 Rainbow Lake Rd

This home is located at 615 Rainbow Lake Rd in Austin, AR and zip code 72007. This home sits on a 2.08 acre lot. It has been listed on Rocket Homes since March 08, 2023 and is currently priced at $45,000.

Over 3 listings were sold over their listed price in October 2024 in Austin, AR. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Austin, AR real estate market has seen increase in the number of listings by 13.5%.

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

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