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309 Madison St #8744, Huntsville, AR, 72740

5beds
5baths
4,526sqft
$550,000
$122price/sqft
$3,630/moest. monthly cost
$145,200/yrincome needed

About This Home

You may have noticed this home has a few extra days on market, so let’s clear that up first. There’s nothing wrong with the house. In fact, visitors consistently comment on how solidly it’s built and how much they love the layout. The difference here is the land: rather than five flat acres, this property sits high on a scenic ridge overlooking a valley. The result? Big views, incredible privacy, and far less mowing. Think of it less as acreage to maintain and more as your own private hillside retreat. $4,000 in Seller concessions + $3,500 in preferred lender credit! Located just minutes from Huntsville and about 30 minutes to Springdale & Fayetteville, the setting offers elevation and scenery that flat properties simply can’t replicate. Inside, the main level is perfect for everyday living or entertaining. The finished walk-out basement, currently a home gym, could easily become a media room, guest suite, or in-law space. Built in 2008 with a new roof and HVAC in 2023 and recently appraised for $600K.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
Watson Primary SchoolGrades PK-25.0 mi
6/10
Huntsville Middle SchoolGrades 6-85.2 mi
4/10
Huntsville High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Block
  • Roof: Architectural,Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Propane Range
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Attic,Ceiling Fan(s),Pantry,Storage,Tile Countertop,Tile Counters,Walk-In Closet(s),Window Treatments
  • Window features: Blinds
  • Flooring: Carpet,Laminate,Tile

Heating & Cooling

  • Heating features: Central,Propane
  • Cooling features: Ductless,Electric

Interior Area

  • Total structure area: 4,526
  • Total interior livable area: 4,526 sqft

Property

Details

  • Parcel number: 00111122002
  • Special condition: None
  • Wooded area: 3

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Balcony,Patio,Porch
  • Exterior features: Gravel Driveway
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 5.08 Acres
  • Features: Landscaped,None,Outside City Limits,Sloped

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Circular Driveway,Garage Door Opener
  • 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
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Landslide

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Straight Line Winds
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 $2,781$33,372
Home Insurance $376$4,512
Property Taxes $146$1,752
Electricity $327$3,933
Total$3,630$43,560

Income You'd Need if You Spent...

35% on housing$124,457/yr
40% on housing$108,900/yr
45% on housing$96,800/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 72740$248
Madison County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 72740$172
Madison County$200

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)

No zestimate history available

Price History

DateEventPrice
2026-04-10Price change$569,000
2026-03-11Price change$570,000
2026-01-05Price change$575,000
2025-09-24Price change$580,000
2025-08-07Price change$589,000
2025-07-17Listed for sale$595,000
2024-09-30Listing removed$600,000
2024-05-24Listed for sale$600,000
2024-05-23Listing removed--
2024-05-08Price change$615,000
2024-03-09Price change$625,000
2023-10-29Price change$650,000
2023-09-21Listed for sale$685,000

For Sale by Agent

AgentLori Hawkins
BrokerageSmith and Associates Real Estate Services

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