788 Cr 3456 · Clarksville, AR 72830

$156,900

3 bd · 1.0 ba · 1,236 sqft · SingleFamily public records · 211 Days on market

Built 1968 4.50 ac lot $127/sqft · 6% below area Est $167k · 6% under ↓ 12% since listing

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Why this score? — see what drove the D 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 +12.5/30.0
• ARV discount +10.1/15.0
• DSCR +3.7/10.0
• 1% rule +3.6/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tucked away on 4.5 peaceful acres with a stocked fishing pond and plenty of privacy, this unique country property offers the feel of a small family compound waiting to be brought fully to life. The main home features 3 bedrooms and 1 bath with a split floor plan, an inviting oversized front porch, a metal roof, and HVAC installed in 2015. Just steps away sits the charming 1-bedroom tiny home, designed with efficient living in mind and offering a cozy living and kitchen combination area, full bath, laundry space, and comfortable front and rear porches—the back porch offering a tranquil view across the pond. The tiny home includes a modern mini-split heat and air system, though appliances are not included. The property also offers several useful outbuildings, including a double carport, barn, and chicken coop, ideal for hobby farming, storage, or a workshop. With few neighbors and room to spread out, this property provides the quiet of country living with endless potential. To be sold as-is, as the home needs completion, and should qualify for an in-house loan or possibly FHA rehab financing.

Key facts

• Metal roof
• Laundry space
• Double carport

Tags

• OVERSIZED FRONT PORCH
• METAL ROOF
• FULL BATH
• LAUNDRY SPACE
• FRONT AND REAR PORCHES
• DOUBLE CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $157k.

Deal economics

• At list price, monthly cash flow is $-24 ($-290/yr) — negative.
• To cash-flow at today's rent, offer at most $153k (2.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $134k (14.5% below list).
• Recommended offer: $134k (14.5% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.6% in Clarksville — 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 65/100 on livability (#141 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D, crime D-, amenities F.
• Clarksville School District (town): math 29% / reading 34% proficiency, ranked #147 of 238 in AR (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 154 active listings in the ZIP; 12 units permitted in Johnson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Johnson County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 211 days — a 12% lower offer ($138k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,192 (14.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 211 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.86% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.66%
• DSCR: 0.97
• GRM: 9.7

CMA / ARV

• ARV (median comp): $166,536
• List price: $156,900
• Delta: -5.79%
• Verdict: FAIR
• Comps: 7 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.39×
• Total profit: $-26,945
• Equity at exit: $23,394

10-year hold

• IRR: -9.4%
• Equity multiple: 0.42×
• Total profit: $-25,364
• Equity at exit: $13,566

Cash invested: $43,932 (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

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72830

• Home prices YoY: -11.5%
• Active inventory: 154
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,342 medium
• Mortgage (P&I): −$823
• Tax est. 1.5%: −$196 /mo · $2,354/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $-24

Break-even live

Break-even rent $1,373

Max offer price $153,401

Occupancy floor 97%

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: $39,225
• Closing costs: $4,707
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   days on market $156,900 Active 211 DOM
2. 2026-06-18
   days on market $156,900 Active 210 DOM
3. 2026-06-17
   days on market $156,900 Active 209 DOM
4. 2026-06-16
   days on market $156,900 Active 208 DOM
5. 2026-06-15
   days on market $156,900 Active 207 DOM
6. 2026-06-14
   days on market $156,900 Active 205 DOM
7. 2026-06-12
   days on market $156,900 Active 204 DOM
8. 2026-06-09
   days on market $156,900 Active 201 DOM
9. 2026-06-08
   days on market $156,900 Active 200 DOM
10. 2026-06-07
    days on market $156,900 Active 199 DOM
11. 2026-06-05
    days on market $156,900 Active 197 DOM
12. 2026-06-04
    days on market $156,900 Active 195 DOM
13. 2026-06-02
    days on market $156,900 Active 194 DOM
14. 2026-06-01
    days on market $156,900 Active 193 DOM
15. 2026-05-31
    days on market $156,900 Active 192 DOM
16. 2026-05-31
    days on market $156,900 Active 191 DOM
17. 2026-05-14
    price $156,900 1113-char remark

    Show marketing remark (1113 chars)

    Tucked away on 4.5 peaceful acres with a stocked fishing pond and plenty of privacy, this unique country property offers the feel of a small family compound waiting to be brought fully to life. The main home features 3 bedrooms and 1 bath with a split floor plan, an inviting oversized front porch, a metal roof, and HVAC installed in 2015. Just steps away sits the charming 1-bedroom tiny home, designed with efficient living in mind and offering a cozy living and kitchen combination area, full bath, laundry space, and comfortable front and rear porches—the back porch offering a tranquil view across the pond. The tiny home includes a modern mini-split heat and air system, though appliances are not included. The property also offers several useful outbuildings, including a double carport, barn, and chicken coop, ideal for hobby farming, storage, or a workshop. With few neighbors and room to spread out, this property provides the quiet of country living with endless potential. To be sold as-is, as the home needs completion, and should qualify for an in-house loan or possibly FHA rehab financing.

18. 2026-02-14
    price $164,900 1113-char remark

    Show marketing remark (1113 chars)

    Tucked away on 4.5 peaceful acres with a stocked fishing pond and plenty of privacy, this unique country property offers the feel of a small family compound waiting to be brought fully to life. The main home features 3 bedrooms and 1 bath with a split floor plan, an inviting oversized front porch, a metal roof, and HVAC installed in 2015. Just steps away sits the charming 1-bedroom tiny home, designed with efficient living in mind and offering a cozy living and kitchen combination area, full bath, laundry space, and comfortable front and rear porches—the back porch offering a tranquil view across the pond. The tiny home includes a modern mini-split heat and air system, though appliances are not included. The property also offers several useful outbuildings, including a double carport, barn, and chicken coop, ideal for hobby farming, storage, or a workshop. With few neighbors and room to spread out, this property provides the quiet of country living with endless potential. To be sold as-is, as the home needs completion, and should qualify for an in-house loan or possibly FHA rehab financing.

19. 2025-12-30
    price $169,900 1113-char remark

    Show marketing remark (1113 chars)

    Tucked away on 4.5 peaceful acres with a stocked fishing pond and plenty of privacy, this unique country property offers the feel of a small family compound waiting to be brought fully to life. The main home features 3 bedrooms and 1 bath with a split floor plan, an inviting oversized front porch, a metal roof, and HVAC installed in 2015. Just steps away sits the charming 1-bedroom tiny home, designed with efficient living in mind and offering a cozy living and kitchen combination area, full bath, laundry space, and comfortable front and rear porches—the back porch offering a tranquil view across the pond. The tiny home includes a modern mini-split heat and air system, though appliances are not included. The property also offers several useful outbuildings, including a double carport, barn, and chicken coop, ideal for hobby farming, storage, or a workshop. With few neighbors and room to spread out, this property provides the quiet of country living with endless potential. To be sold as-is, as the home needs completion, and should qualify for an in-house loan or possibly FHA rehab financing.

20. 2025-11-20
    listed $179,000 New Listing 1113-char remark

    Show marketing remark (1113 chars)

    Tucked away on 4.5 peaceful acres with a stocked fishing pond and plenty of privacy, this unique country property offers the feel of a small family compound waiting to be brought fully to life. The main home features 3 bedrooms and 1 bath with a split floor plan, an inviting oversized front porch, a metal roof, and HVAC installed in 2015. Just steps away sits the charming 1-bedroom tiny home, designed with efficient living in mind and offering a cozy living and kitchen combination area, full bath, laundry space, and comfortable front and rear porches—the back porch offering a tranquil view across the pond. The tiny home includes a modern mini-split heat and air system, though appliances are not included. The property also offers several useful outbuildings, including a double carport, barn, and chicken coop, ideal for hobby farming, storage, or a workshop. With few neighbors and room to spread out, this property provides the quiet of country living with endless potential. To be sold as-is, as the home needs completion, and should qualify for an in-house loan or possibly FHA rehab financing.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,103
• − Mortgage interest: −$8,789
• − Property taxes: −$2,354
• − Insurance: −$784
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$4,564
• Taxable loss: −$2,965
• Est. tax savings @ 24.0%: +$712
• After-tax cash flow: $421/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: Clarksville School District
• NCES district ID: 0504380
• Math proficiency: 29% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $33,344
• Composite: 25.84/100
• National rank: #7352
• State rank: #147 of 238 in AR

Livability — Clarksville

• Score: 65/100
• State rank: #141
• US rank: #12572

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment F Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 15,962

Population outlook (Johnson County) Hauer SSP2

• Today (2025): 27,452 people
• By 2030: 28,003 · +2.0%
• By 2040: 28,960 · +5.5%
• By 2050: 29,627 · +7.9%
• By 2075: 31,000 · +12.9%
• By 2100: 31,173 · +13.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 18% Two or more races 9% Asian 4% Black 2%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Slovak 2% Iranian 1% Lithuanian 1%
• Foreign-born: 12% · Canada, Philippines, Vietnam
• Languages at home: 84% English-only · Spanish 12% Other Asian/Pacific 2% German/W. Germanic 1%

Political lean MEDSL · Johnson

• 2024 margin: Solid R (+51.4) · D 23.3% · R 74.7% · Other 2.0%
• 2008→2024 swing: -28.4pp toward R · 2008: -23.1pp · 2024: -51.4pp
• All cycles: 2024: R+51.4 2020: R+49.0 2016: R+40.6 2012: R+28.0 2008: R+23.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.36%
• Current HPI: 187.5114
• 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
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

-12.3% since first listed

4 events — show timeline

• 2026-05-14 Price Changed $156,900 CARMLS
• 2026-02-14 Price Changed $164,900 CARMLS
• 2025-12-30 Price Changed $169,900 CARMLS
• 2025-11-20 Listed $179,000 CARMLS

Property tax history

+5.7%/yr

Latest (2025): $244 · -29.0% YoY. Source: county tax records.