Appointment only with qualified buyers. Rare opportunity to own this gorgeous 8.38 acres within 5 minutes of Walmart AMP & shopping. Property has some homes on the land but not given any value. Beautiful land with large pond, walnut trees, & plenty of room for private estate in extremely prestigious desirable area or huge development potential. Property sold as-is, no disclosures & no repairs. Part of the property is in Cave Springs limits, Buyers to do their due diligence on schools and zoning.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21K
Per Month
Principal & Interest
$20.9K
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
$12.6K
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
7
/10
Central Park Elementary School
1400 SW Liberty Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-4
9
/10
Bright Field Middle School
5101 SW Bright Rd
Distance between this listing and this school1.07 miles
Public District Grades 5-6
9
/10
Willowbrook Elementary School
1800 SW Gator Blvd
Distance between this listing and this school1.08 miles
Public District Grades KG-4
Nearby Schools
9
/10
Fulbright Junior High School
5303 SW Bright Rd
Distance between this listing and this school1.13 miles
Public District Grades 7-8
9
/10
Washington Junior High School
1501 NE Wildcat Way
Distance between this listing and this school3.90 miles
Public District Grades 7-8
8
/10
Spring Hill Middle School
3400 SW 2nd St
Distance between this listing and this school4.07 miles
Public District Grades 5-6
Nearby Schools
8
/10
Bentonville High School
1901 SE J St
Distance between this listing and this school2.37 miles
Public District Grades 9-12
7
/10
Northwest Arkansas Classical Academy High School
1300 Melissa Dr Ste 216
Distance between this listing and this school2.98 miles
Public Charter Grades 7-12
5
/10
Rogers High School
2300 S Dixieland Rd
Distance between this listing and this school4.04 miles
The neighbors living near this home have an average income of $98,661. The most common annual income of people living in Bentonville, AR is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Bentonville, 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 are the common housing types in Bentonville, AR?
Bentonville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and townhouses. The architectural styles vary, with a noticeable presence of contemporary and craftsman designs. Single-family homes are the most prevalent, making up a significant portion of the market, while multifamily units provide alternatives for those seeking a more urban living experience. The homeownership rate in Bentonville is robust, reflecting a community invested in long-term residency.
What are the advantages of living in Bentonville, AR?
Bentonville is celebrated for its vibrant community spirit and cultural richness. The city prides itself on its thriving arts scene, numerous parks, and trails that encourage outdoor activities. Annual events and festivals highlight the local heritage and foster a sense of community among residents. The town's character is further defined by its blend of historic charm and innovative growth, making it an attractive place for families and professionals alike.
Are essential services in Bentonville, AR convenient?
The community is served by a comprehensive educational system, including several public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are accessible, with a local hospital and various clinics offering a range of medical care. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on farm-to-table restaurants and boutique shopping experiences. City initiatives are in place to continually improve services to meet the needs of a growing population.
How do Bentonville, AR residents get around?
Bentonville features a reliable transport infrastructure with a focus on both private and public transit options. The city's roadways and highways are well-maintained, facilitating easy commuting and travel to surrounding areas. Public transportation services are available, providing connectivity within the city and beyond. The community is also becoming increasingly bike-friendly, with dedicated lanes and trails. While specific ride-sharing services are present, they complement the existing transport options, offering residents and visitors an array of choices for their mobility needs.
Frequently Asked Questions About 987 Elk Rd
What is the listing price of this property?
The listing price of 987 Elk Rd property is $4,200,000.
What type of property is this?
The property 987 Elk Rd is a house located in Bentonville, Arkansas, 72713.
Is this property for sale now?
Active Listing: 987 Elk 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 2020 is $685 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 987 Elk Rd has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 987 Elk Rd is 2,600 SqFt (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 987 Elk Rd in Bentonville, AR and zip code 72713. This 2,600 square foot home sits on a 8.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $4,200,000.
While more than 22 listings in Bentonville, AR in October 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 44 were sold below. The number of listings in Bentonville, AR decreased by 0.7% between September 2024 and October 2024. In October 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $490,069.
From Rocket Homes Real Estate and based on county public records data.
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.
Skiing/snowboarding
Skiing/snowboarding
College Football
Pro Wrestling
BJs Wholesale Club
Express/Express For Men
Family Dollar
Panera
Sonic
Dominos Pizza
Infiniti
Kia
Ford
Adult Hits
New Country
Oldies