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1429 W Deane St #1431, Fayetteville, AR, 72703

2beds
1baths
942sqft
$499,000
$530price/sqft
$3,151/moest. monthly cost
$126,040/yrincome needed

About This Home

1429 and 1431 sold as one for $499,000. Calling all investors!!!! Are you looking for your next goldmine, well here it is on this total .5 +/- acre lot in prime location to build new investment properties. Just up the street from the new Fayetteville Police Department and 2 minutes to I-49. The University of Arkansas is about 4-5 minutes away, so this would be an excellent opportunity to build student homes, duplexes or townhomes. Currently zoned RSF-4, so will need to work with the city to rezone to add more doors, but zoned RSF-8 about 100 yards down street on Deane. Total price, .50 +/- acres and total taxes in this listing is the total price, acreage and taxes are for both properties together, must be bought together and price is for both homes together and the .5 acre lot. Tenant occupied. Please do not bother tenants, do not knock on doors and no inside showings please until under contract. Value is in the land. Tenant is month to month, but would stay until new owner is ready to demolish homes.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

7/10
Asbell Elementary SchoolGrades PK-40.5 mi
9/10
6/10

Construction

Condition

  • Year built: 1949

Materials

  • Foundation: Crawlspace
  • Roof: Asphalt,Shingle
  • Construction materials: Other,See Remarks

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Other,See Remarks

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None,Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 942
  • Total interior livable area: 942 sqft

Property

Details

  • Parcel number: 76510069000
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Gravel Driveway
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 0.50 Acres
  • Features: Central Business District,Level,Near Park,Other,See Remarks

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

  • Heat Wave
    Heat WaveVery High
  • Ice Storm
    Ice StormVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

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 $2,523$30,276
Home Insurance $266$3,192
Property Taxes $228$2,736
Electricity $134$1,616
Total$3,151$37,812

Income You'd Need if You Spent...

35% on housing$108,034/yr
40% on housing$94,530/yr
45% on housing$84,026/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: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$530This listing

vs Other Active Listings

Avg $/sqft

ZIP 72703$213
Washington County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 72703$244
Washington County$209

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
2025-05-25Price change$499,000
2025-03-14Listed for sale$549,000

For Sale by Agent

AgentRyan Hill
BrokerageThe Virtual Realty Group

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