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198 Lake Rd, Gosnell, AR, 72315

4beds
2baths
1,880sqft
$189,900
$101price/sqft
$1,530/moest. monthly cost
$61,200/yrincome needed

About This Home

Welcome home to this beautifully renovated 4 bedroom, 2 bath home offering 1,880 square feet of stylish, move in ready living space. Built in 1989 and thoughtfully updated, this property features modern finishes, durable laminate flooring throughout, and ceramic tile in the bathrooms for a clean, cohesive feel. The spacious layout includes a versatile second living area with added storage, perfect for a media room, home office, or flex space to fit your lifestyle. Situated on a generous .36 acre lot, this home offers great curb appeal, plenty of outdoor space, and a storage shed for tools and extras. With updated features, functional space, and room to entertain, this one is a must see.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
5/10
Gosnell High SchoolGrades 7-123.9 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Crawl Space and Slab
  • Roof: Shingle
  • Construction materials: Asbestos

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Range Hood

Basement

  • Area: 0

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s)
  • Window features: Blinds
  • Flooring: Ceramic Tile,Laminate
  • Finished area above ground: 1,880

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 1,880
  • Total interior livable area: 1,880 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 30600112007

Features

  • Levels: One
  • Fencing: Wood

Lot

  • Lot size: 0.36 Acres
  • Features: Level,Shade Trees

Parking

  • Total spaces: 2
  • Parking features: No Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Lightning
Cold Wave
Drought
Tornado
Winter Weather

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $960$11,520
Home Insurance $360$4,320
Property Taxes $74$888
Electricity $136$1,633
Total$1,530$18,360

Income You'd Need if You Spent...

35% on housing$52,457/yr
40% on housing$45,900/yr
45% on housing$40,800/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -4.6%
-4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$101This listing

vs Other Active Listings

Avg $/sqft

ZIP 72315$75
Mississippi County$83

vs Homes Sold Last Month

Median $/sqft

ZIP 72315$79
Mississippi County$103

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Listed for sale$199,900
2026-03-01Listing removed$199,900
2025-11-21Price change$199,900
2025-10-27Listed for sale$204,900
2025-10-09Listing removed$204,900
2025-08-28Price change$204,900
2025-07-28Listed for sale$209,900
2025-06-13Sold$60,000
2024-09-19Listing removed$90,000
2024-08-28Listed for sale$120,000
2020-02-18Sold$99,900
2019-09-06Listed for sale$99,900

For Sale by Agent

AgentBraxten Tatum
BrokerageCentury 21 Portfolio

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