1249 Heber Springs Rd W · Heber Springs, AR
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,499 – $2,785
Heat risk 5/10 · Moderate
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +22.5/30.0
- ARV discount +7.5/15.0
- DSCR +7.2/10.0
- 1% rule +4.7/10.0
- Schools +4.1/10.0
- Livability +2.9/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$129,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
3/2 home on 2.67 acres. Free standing metal 2 car carport, In ground storm shelter 2 outbuilding. Home has a front and back porch surrounded by mature oak trees. Asphalt circular drive/pad. Large living area with wood burning FP. Open floor plan with vaulted ceiling. Kitchen has all appliances with built in pantry and built in cabinet serving area. Large laundry room. Master bath has large tub and free standing shower. Walk-in closet. Close to town and lake. Great Investment prop. / weekend get away
Key facts
- Carport cover
- 2.50 acres
- Covered back porch
Tags
Property features AI
Finance
- Other: Approximately 2.5 acres
- Financial info: Cash and in-house financing possible
Exterior
- Parking: Carport
- Utilities: Septic system; Public water; Electric co-op service; Propane/Butane gas; Fiber internet available
- Home design: Mobile home
- Construction: Metal/vinyl siding; Composition roof; Not a permanent foundation
- Exterior features: Deck; Paved road access; Sloped, level, cleared and wooded yard; Rural location, not in a subdivision
Interior
- Kitchen: Free-standing stove; Electric range; Microwave; Refrigerator included
- Flooring: Carpet; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central electric heat; Central electric cooling
- Interior features: Washer connection; Electric dryer connection; Electric water heater; Ceiling fans; Formica kitchen counters; Gas log fireplace; Sheetrock walls and ceilings
- Laundry & utility: Laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath manufactured listed at $130k.
Deal economics
- At list price, monthly cash flow is $219 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $125k (3.5% below list).
- Recommended offer: $125k (3.5% below list) — sets the bar for 1% rule.
- Cap rate 8.3% vs local median 2.1% in Heber Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 58/100 on livability (#329 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: crime C-, employment D+, amenities F.
- Heber Springs School District (town): math 50% / reading 49% proficiency, ranked #19 of 238 in AR (top 8%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 287 active listings in the ZIP; 13 units permitted in Cleburne County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Cleburne County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 30 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $80k; list at $130k implies a 62% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.97% ✗
- Cap rate
- 8.31%
- Cash-on-cash
- 7.21%
- DSCR
- 1.32
- GRM
- 8.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -5.3%
- Equity multiple
- 0.80×
- Total profit
- $-7,190
- Equity at exit
- $19,369
- IRR
- 4.3%
- Equity multiple
- 1.31×
- Total profit
- $11,423
- Equity at exit
- $11,231
Cash invested: $36,372 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 92 Strongly Landlord-Friendly
- State Arkansas
- 92 Strongly Landlord-Friendly · R+14
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 72543
- Home prices YoY
- -26.7%
- Active inventory
- 287
- Price-to-rent
- 8.6×
Monthly cashflow live
- Estimated rent
- $1,254 medium interval (Pro) →
- Mortgage (P&I)
- −$681
- Tax from tax record
- −$37 /mo · $441/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$263
- Net cashflow
- $219
Break-even live
Sensitivity live
| Price | -10% $292 | -5% $255 | +0% $219 | +5% $182 | +10% $145 |
|---|---|---|---|---|---|
| Rent | -10% $119 | -5% $169 | +0% $219 | +5% $268 | +10% $318 |
| Rate | -1.0pp $284 | -0.5pp $252 | base $219 | +0.5pp $185 | +1.0pp $151 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $32,475
- Closing costs
- $3,897
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 33 events
-
2026-06-19days on market $129,900 Active 30 DOM
-
2026-06-18days on market $129,900 Active 29 DOM
-
2026-06-17days on market $129,900 Active 28 DOM
-
2026-06-16days on market $129,900 Active 27 DOM
-
2026-06-15days on market $129,900 Active 26 DOM
-
2026-06-14days on market $129,900 Active 24 DOM
-
2026-06-12days on market $129,900 Active 23 DOM
-
2026-06-09days on market $129,900 Active 20 DOM
-
2026-06-08days on market $129,900 Active 19 DOM
-
2026-06-07days on market $129,900 Active 18 DOM
-
2026-06-05days on market $129,900 Active 15 DOM
-
2026-06-03days on market $129,900 Active 14 DOM
-
2026-06-02days on market $129,900 Active 13 DOM
-
2026-06-01days on market $129,900 Active 12 DOM
-
2026-05-31days on market $129,900 Active 11 DOM
-
2026-05-30days on market $129,900 Active 10 DOM
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2026-05-19$129,900 New Listing
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2024-09-06historical $995
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2024-08-27$995
-
2021-09-28soldstatus $80,000 Sold 506-char remark
Show marketing remark (506 chars)
3/2 home on 2.67 acres. Free standing metal 2 car carport, In ground storm shelter 2 outbuilding. Home has a front and back porch surrounded by mature oak trees. Asphalt circular drive/pad. Large living area with wood burning FP. Open floor plan with vaulted ceiling. Kitchen has all appliances with built in pantry and built in cabinet serving area. Large laundry room. Master bath has large tub and free standing shower. Walk-in closet. Close to town and lake. Great Investment prop. / weekend get away
-
2021-08-16historical Take Backups 506-char remark
Show marketing remark (506 chars)
3/2 home on 2.67 acres. Free standing metal 2 car carport, In ground storm shelter 2 outbuilding. Home has a front and back porch surrounded by mature oak trees. Asphalt circular drive/pad. Large living area with wood burning FP. Open floor plan with vaulted ceiling. Kitchen has all appliances with built in pantry and built in cabinet serving area. Large laundry room. Master bath has large tub and free standing shower. Walk-in closet. Close to town and lake. Great Investment prop. / weekend get away
-
2021-07-09$97,500 New Listing 506-char remark
Show marketing remark (506 chars)
3/2 home on 2.67 acres. Free standing metal 2 car carport, In ground storm shelter 2 outbuilding. Home has a front and back porch surrounded by mature oak trees. Asphalt circular drive/pad. Large living area with wood burning FP. Open floor plan with vaulted ceiling. Kitchen has all appliances with built in pantry and built in cabinet serving area. Large laundry room. Master bath has large tub and free standing shower. Walk-in closet. Close to town and lake. Great Investment prop. / weekend get away
-
2021-06-21soldstatus $55,000
-
2021-06-18soldstatus $55,000 Sold 65-char remark
Show marketing remark (65 chars)
This property will sell at Public Auction on May 14th at 12 noon.
-
2021-05-01historical 65-char remark
Show marketing remark (65 chars)
This property will sell at Public Auction on May 14th at 12 noon.
-
2021-03-15$1 New Listing 65-char remark
Show marketing remark (65 chars)
This property will sell at Public Auction on May 14th at 12 noon.
-
2020-05-01soldstatus $54,000 Sold
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2020-05-01soldstatus $54,000
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2020-02-18historical Escape Clause
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2019-11-22$59,900 New Listing
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2019-10-05historical
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2019-04-04price $69,900
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2018-10-10$79,900 New Listing
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast AR · Resets to sale price
- Current annual tax
- $441 · $37/mo
- Projected year-2 tax
- $831 · $69/mo
- Expected delta
- +$390/yr (+$33/mo · 88.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,047
- − Mortgage interest
- −$7,276
- − Property taxes
- −$441
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,204
- − Management
- −$1,204
- − Depreciation
- −$3,779
- Taxable income
- $494
- Est. tax owed @ 24.0%
- −$118
- After-tax cash flow
- $2,504/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Heber Springs School District
- NCES district ID
- 0507560
- Math proficiency
- 50% ▼ -11.00%
- Reading proficiency
- 49% ▼ -11.00%
- Median HH income
- $39,577
- Composite
- 41.39/100
- National rank
- #3478
- State rank
- #19 of 238 in AR
Livability — Heber Springs
- Score
- 58/100
- State rank
- #329
- US rank
- #21491
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 12,642
Population outlook (Cleburne County) Hauer SSP2
- Today (2025)
- 24,198 people
- By 2030
- 23,324 · -3.6%
- By 2040
- 21,566 · -10.9%
- By 2050
- 19,916 · -17.7%
- By 2075
- 16,744 · -30.8%
- By 2100
- 13,303 · -45.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (93%)
- Race & ethnicity
- White 93% Two or more races 3% Hispanic / Latino 3%
- Common ancestry
- Italian 3% Slovak 2% Lithuanian 2%
- Foreign-born
- 1%
- Languages at home
- 99% English-only · Spanish 1%
Political lean MEDSL · Cleburne
- 2024 margin
- Solid R (+67.9) · D 15.2% · R 83.2% · Other 1.6%
- 2008→2024 swing
- -23.7pp toward R · 2008: -44.2pp · 2024: -67.9pp
- All cycles
- 2024: R+67.9 2020: R+65.8 2016: R+61.4 2012: R+52.2 2008: R+44.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -78.45%
- Current HPI
- 215.4322
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.80%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in AR)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Retail | 1 | $681B |
|
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| Food / Agriculture | 1 | $53B |
|
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| Retail / Energy | 1 | $22B |
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| Transportation / Logistics | 1 | $12B |
|
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| Energy | 1 | $4B |
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Price history
+62.6% since first listed17 events — show timeline
- 2026-05-19 Listed $129,900 CARMLS
- 2024-09-06 Rental Removed $995 APPFOLIO
- 2024-08-27 Listed for Rent $995 APPFOLIO
- 2021-09-28 Sold (MLS) $80,000 CARMLS
- 2021-08-16 Contingent — CARMLS
- 2021-07-09 Listed $97,500 CARMLS
- 2021-06-21 Sold (Public Records) $55,000 Public Records
- 2021-06-18 Sold (MLS) $55,000 CARMLS
- 2021-05-01 Listing Removed — CARMLS
- 2021-03-15 Listed $1 CARMLS
- 2020-05-01 Sold (Public Records) $54,000 Public Records
- 2020-05-01 Sold (MLS) $54,000 CARMLS
- 2020-02-18 Contingent — CARMLS
- 2019-11-22 Listed $59,900 CARMLS
- 2019-10-05 Listing Removed — CARMLS
- 2019-04-04 Price Changed $69,900 CARMLS
- 2018-10-10 Listed $79,900 CARMLS
Property tax history
+49.0%/yrLatest (2025): $441 · +8.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…