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811 Grove St, Lake City, AR, 72437

2beds
1baths
756sqft
$29,900
$40price/sqft
$320/moest. monthly cost
$12,800/yrincome needed

About This Home

Investment opportunity in Lake City, AR! This 2-bedroom, 1-bath home is ready for your visionwhether you're remodeling to flip or renovating for your next rental. Conveniently located near the city park and baseball fields, this property offers shops, carports, and a nice-sized yard with plenty of potential. Just outside of Jonesboro, it's an easy drive to Paragould or Blytheville, making it a great location for commuters or investors looking to serve multiple markets. Home is being sold as-is and will not qualify for government loans.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
Riverside High SchoolGrades 7-120.4 mi

Construction

Materials

  • Foundation: Crawl Space

Type & Style

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

Interior

Basement

  • Area: 0

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area above ground: 756

Interior Area

  • Total structure area: 756
  • Total interior livable area: 756 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 0714627130100

Features

  • Levels: One

Parking

  • Parking features: Detached 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

  • Cold Wave
    Cold WaveVery High
  • Earthquake
    EarthquakeVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Ice Storm
Tornado
Drought
Heat Wave
Inland Flooding
Lightning
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 $151$1,812
Home Insurance $25$300
Property Taxes $10$120
Electricity $134$1,616
Total$320$3,840

Income You'd Need if You Spent...

35% on housing$10,971/yr
40% on housing$9,600/yr
45% on housing$8,533/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$40This listing

vs Other Active Listings

Avg $/sqft

ZIP 72437$74
Craighead County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 72437$159
Craighead County$140

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
2026-05-01Listed for sale$35,000
2007-07-16Sold$10,000

For Sale by Agent

AgentMallary K. Davis
BrokerageCentury 21 Portfolio

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