See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

405 S Main St, Cave City, AR, 72521

--beds
0baths
--sqft
$1,725,000
--price/sqft
$10,782/moest. monthly cost
$431,280/yrincome needed

About This Home

26 +/- Acres Prime Development Land with City Utilities & Hwy 167 Exposure — Cave City, AR Adjacent to Double Oaks (Patterson Addition) • Owner Financing Available This is a rare opportunity to acquire 26 +/- acres of prime development land inside Cave City city limits, in an area experiencing steady growth with new homes being built and occupied quickly. Positioned just off Highway 167 (Main Street), this property offers excellent visibility, accessibility, and infrastructure, making it ideal for residential or mixed-use development. Why This Property Stands Out26 +/- acres in town — hard-to-find size for development in Cave City City utilities available:City water City sewer (is connected to concession building) Entergy electric on site Natural gas available nearby (buyer to verify access) Dual access potential:Highway 167 frontage for visibility Rear access from Double Oaks / Patterson Addition, allowing for ideal subdivision layout and traffic flow Growing area with strong demand for new housing Development-ready terrain with multiple layout possibilities Development Potential This property is perfectly suited for: Residential subdivision (high demand area) Single-family homes or patio homes Duplex or townhome development Mixed-use opportunities (subject to city approvals) With homes in the area being built and sold quickly, this site presents a prime opportunity for builders and developers looking to meet demand in a growing community. Additional FeaturesPond on site — could be expanded for aesthetic value or filled depending on development plans Existing shop building — potential for renovation, staging, or removal depending on use Located just minutes from schools, shopping, and local amenities Investment OpportunityOwner financing available — terms upon inquiry Ideal for developers, builders, 1031 exchange buyers, and investors Location Advantage Centrally located in Cave City with quick access to: Highway 167 corridor Local schools and services Established and growing subdivisions nearby Call to Action This property is ready for development and positioned to be a standout project in one of North Arkansas' growing communities. Own a piece of Cave City's future. Come grow with us. Listing Agent: | Mossy Oak Properties Selling ArkansasOffice: | Pamela's Cell: Web: Equal Housing Opportunity. All information deemed reliable but not guaranteed; buyer to verify acreage, zoning/entitlements, utility availability/capacity, and access details.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 26 Acres

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
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Cold Wave
Lightning
Earthquake
Heat Wave
Inland Flooding
Strong Wind
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 $8,722$104,664
Home Insurance $1,193$14,316
Property Taxes $733$8,796
Electricity $134$1,616
Total$10,782$129,384

Income You'd Need if You Spent...

35% on housing$369,668/yr
40% on housing$323,460/yr
45% on housing$287,520/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: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 10.7%
10.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 72521$342
Independence County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 72521$117
Independence County$110

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
2025-08-26Price change$1,725,000
2025-08-11Listed for sale$2,725,000

For Sale by Agent

AgentPamela Welch
BrokerageMossy Oak Properties Selling Arkansas

Similar Homes