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1428-1424 1434 Five Mile Rd, Drasco, AR, 72530

5beds
3baths
1,980sqft
$350,000
$177price/sqft
$2,306/moest. monthly cost
$92,240/yrincome needed

About This Home

This one is PACKED with POTENTIAL! If you've been searching for a property with serious rental potential, this one checks the boxes. Situated on 8 +/- scenic acres complete with a large pond, this unique setup offers three separate residential rental opportunities plus eight storage units - creating multiple avenues for consistent income. The property includes a 5-bedroom mobile home, ideal for a large family rental or workforce housing. With the size alone, this unit could command strong monthly rent compared to typical single-family properties in the area. Also on the property is a 2-bedroom block home, offering a more traditional rental option. This could serve as a long-term rental, short-term rental, or even on-site manager housing depending on your investment strategy. The large shop building has a 2-bedroom apartment, along with 8 storage units, plus a spacious shop area perfect for equipment, business use, or hobbies. Don't snooze on this investment opportunity! Bank owned.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10
8/10
Concord High SchoolGrades 7-126.3 mi

Construction

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (see remarks)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Other

Features

  • Flooring: Other
  • Fireplace features: Other
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,980 sqft

Property

Details

  • Parcel number: 00103974000

Features

  • Patio & porch: Deck,Porch
  • Exterior features: Storm Cellar,Shop
  • Waterfront features: Pond

Lot

  • Lot size: 8 Acres
  • Features: Cleared

Parking

  • Parking features: Carport
  • Carport: Yes

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 StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Tornado
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 $1,769$21,228
Home Insurance $257$3,084
Property Taxes $137$1,644
Electricity $143$1,720
Total$2,306$27,672

Income You'd Need if You Spent...

35% on housing$79,062/yr
40% on housing$69,180/yr
45% on housing$61,493/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 72530$220
Cleburne County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 72530
Cleburne County$176

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
2026-03-30Listed for sale$350,000

For Sale by Agent

AgentSarah Perkins
BrokerageMossy Oak Properties Selling Arkansas - Southside

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