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.
Elementary School
6
/10
Reagan Elementary School
3904 W Olive St
Distance between this listing and this school2.72 miles
Public District Grades PK-5
Middle School
5
/10
Oakdale Middle School
511 N Dixieland Rd
Distance between this listing and this school4.23 miles
Public District Grades 6-8
High School
5
/10
Rogers Heritage High School
1114 S 5th St
Distance between this listing and this school5.11 miles
Public District Grades 9-12
Assigned Schools
6
/10
Reagan Elementary School
3904 W Olive St
Distance between this listing and this school2.72 miles
Public District Grades PK-5
Nearby Schools
7
/10
Central Park At Morning Star
1400 SW Liberty Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-4
10
/10
Willowbrook Elementary School
1800 Sw Gator Rd
Distance between this listing and this school1.07 miles
Public District Grades KG-4
Assigned Schools
5
/10
Oakdale Middle School
511 N Dixieland Rd
Distance between this listing and this school4.23 miles
Public District Grades 6-8
Nearby Schools
8
/10
J William Fulbright Junior High School
5303 Sw Bright Rd
Distance between this listing and this school1.22 miles
Public District Grades 7-8
9
/10
Bright Field Middle School
5101 Sw Bright Rd
Distance between this listing and this school1.22 miles
Public District Grades 5-6
Assigned Schools
5
/10
Rogers Heritage High School
1114 S 5th St
Distance between this listing and this school5.11 miles
Public District Grades 9-12
Nearby Schools
8
/10
Bentonville High School
1901 SE J St
Distance between this listing and this school2.45 miles
Public District Grades 9-12
6
/10
Rogers High School
2300 S Dixieland Rd
Distance between this listing and this school4.05 miles
The neighbors living near this home have an average income of $98,661. Typical income of Bentonville, AR residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
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 are the assigned schools for this property?
The assigned schools for 987 Elk Rd are: Reagan Elementary School: GreatSchools Rating 6/10Oakdale Middle School: GreatSchools Rating 5/10Rogers Heritage High School: GreatSchools Rating 5/10
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 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.
In March 2024 more than 14 listings in Bentonville, AR were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Bentonville, AR between February 2024 and March 2024 increased by 6.7%. The median list price of listings available in March 2024 was $473,027, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.