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508 Ridgemont Rd, Helena, AR, 72342

5beds
4baths
3,211sqft
$297,000
$92price/sqft
$2,746/moest. monthly cost
$109,840/yrincome needed

About This Home

Perched upon a hill and full of potential, this unique two-story home offers an outstanding investment opportunity on 2.6 beautiful acres. Inside, you’ll find timeless character with stunning cypress walls and classic brick floors that create warmth and charm throughout the home. The spacious layout features a large addition, including a generous primary suite complete with a private en suite bathroom for added comfort and convenience. The property offers plenty of room to enjoy country living while still providing endless possibilities for customization and updates. For those seeking even more space, an additional 9 acres with a beautiful playhouse/ reading nook located directly behind the home are available for purchase making this an exceptional opportunity to expand your investment or create your own private retreat.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

3/10
3/10
Central High SchoolGrades 7-121.1 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Crawl Space
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Microwave,Electric Range,Dishwasher,Trash Compactor,Plumbed For Ice Maker
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Separate Dining Room

Features

  • Pantry,Primary Bedroom/Main Lv,4 Bedrooms Upper Level
  • Flooring: Carpet,Wood,Brick
  • Number of fireplaces: 2
  • Fireplace features: Factory Built,Gas Starter,Insert,Two
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,211
  • Total interior livable area: 3,211 sqft

Property

Details

  • Parcel number: 70404868000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2.60 Acres
  • Features: Sloped

Parking

  • Total spaces: 2
  • Parking features: Carport,Two Car,Garage Faces Side
  • 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

  • Tornado
    TornadoVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Earthquake
Heat Wave
Strong Wind
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning
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 $1,501$18,012
Home Insurance $825$9,900
Property Taxes $188$2,256
Electricity $232$2,790
Total$2,746$32,952

Income You'd Need if You Spent...

35% on housing$94,148/yr
40% on housing$82,380/yr
45% on housing$73,226/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: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 23.4%
23.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 72342$53
Phillips County$72

vs Homes Sold Last Month

Median $/sqft

ZIP 72342$23
Phillips County$8

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
2026-07-01Listed for sale$297,000

For Sale by Agent

AgentBarbara D Jordan
BrokerageBailey & Company Real Estate

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