12727 Old Highway 71, Fort Smith, AR, 72916
About This Home
Rare opportunity to own approximately 15.06 acres in a prime Southside Fort Smith location with incredible development potential! Approximately 4 acres +/- located at the front of the property is currently zoned for commercial use. An additional 7.44 acres +/- offer residential and potential multi-family development opportunities, while the existing home is situated on approximately 3.64 acres +/-. The property includes a 3,589 square foot home with 3 bedrooms and 2 bathrooms and is currently being used as a rental property Located directly off Old Highway 71 with excellent visibility and accessibility, this property offers endless possibilities. Whether you are looking for commercial potential, acreage to build on, investment property, or future development opportunities, this property has so much to offer!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Foundation: Slab
- Roof: Architectural,Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Some Electric Appliances,Dishwasher,Gas Water Heater,Range
- Laundry features: Electric Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Attic,Ceiling Fan(s),Granite Counters,Storage
- Window features: Blinds
- Flooring: Ceramic Tile,Laminate
Heating & Cooling
- Heating features: Central,Gas
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 3,589 sqft
Property
Details
- Parcel number: 1888300000287600
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: Concrete Driveway
- Fencing: Partial
Lot
- Lot size: 15.70 Acres
- Features: Cleared
- Lot size dimensions: 15.70 acres
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- 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
- Ice Storm
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tornado
- Wildfire
- Winter Weather
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance | $899 | $10,788 |
| Property Taxes | $645 | $7,740 |
| Electricity | $259 | $3,118 |
| Total | $8,123 | $97,476 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-15 | Listed for sale | $1,250,000 |
| 2019-06-17 | Listing removed | $1,500 |
| 2019-06-12 | Listed for rent | $1,500 |
| 2019-03-21 | Listing removed | $1,600 |
| 2019-01-07 | Listed for rent | $1,600 |
| 2018-07-10 | Listing removed | $1,600 |
| 2018-07-05 | Listed for rent | $1,600 |
| 2018-03-30 | Listing removed | $1,600 |
| 2018-02-27 | Price change | $1,600 |
| 2017-12-15 | Listed for rent | $1,800 |
| 2005-05-05 | Sold | $135,000 |
For Sale by Agent
View on Zillow