Potential Profit$97,868
This property is available as a fixer upper at Highway 294. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,692 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Lonoke, specifically for Highway 294 and comparable listings. Based on this expert analysis, the estimated market value is $130,775. This has potential equity of $97,868. If purchased for rental purposes, the monthly rental rate could range between $1,082 and $1,171, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $97,868. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Highway 294 are updated daily along with others in Lonoke, Arkansas, ensuring you have the most current and accurate information.
There are 3 schools in the area. Nearby schools include Lonoke High School and Lonoke Middle School.
There are plenty of activities near this property like Lonoke Library, Lonoke Community Center, and more.
Public transportation options include: Local bus services available for commuting to nearby cities, Rideshare options like Uber and Lyft operate in the area. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Lonoke City Park, Miller Park and more.
Services available in the area include cellular and internet options.
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The estimated rental value for Highway 294 located in Lonoke, AR is $1,110/month. Comparable homes around Highway 294 that are rentals have monthly ranges starting as low as $1,082 per month and as high as $1,171 per month. An owner looking to use this property as an investment could bring a return in the area of $1,082 - $1,171 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 08/24/25 | Foreclosure | ||
| 08/21/25 | Fixer Upper | ||
| 05/02/25 | 06/24/25 | Foreclosure | |
| 02/13/25 | 04/02/25 | Foreclosure | |
| 01/12/25 | 02/06/25 | Preforeclosure | Arvest Mortgage Company |
| 01/08/25 | 02/06/25 | Preforeclosure | |
| 11/18/24 | 02/06/25 | Preforeclosure |
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