c.1941 Arkansas Stone Farmhouse on 2.28 Acres $130K
$130,000
Three-bedroom, two-bath Arkansas stone farmhouse with 2.28 and barn. The home offers a front porch, newer metal roof, stone fireplace and laundry room.
Realtor Comments
This 3-bedroom, 2-bath home sits on approximately 2 acres and offers great potential with a little TLC. Recent updates per seller include a newer metal roof, a new HVAC unit installed within the last two years, and new laminate flooring in several rooms. The property also features a large barn and a shop building, providing plenty of space for storage or projects. With additional improvements, this property could make an excellent rental investment or a forever home.
- 3bed
- 2bath
- Circa 1941
495 Nelsonville Rd, Smithville, AR 72466 $130,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Carey A Markum
Pros
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Exceptionally Low Cost of Living
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Overall expenses (housing, utilities, food, healthcare, transportation) are roughly 30–35% below the national average, and just slightly below the Arkansas state average
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Median home value is about $118K, significantly less than the U.S. median of ~$338K .
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Monthly essentials like groceries, utilities, and transportation are cheaper than national norms .
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Rural, Close-Knit Community
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Tiny population (about 80–90 residents) fosters a close-knit, quieter rural lifestyle
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Residents describe it as “peaceful and serene” with friendly neighbors and a real sense of community
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Reputable School District
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Served by Hillcrest School District (PK–12), with a student–teacher ratio near 12:1
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Low Healthcare and Miscellaneous Costs
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Healthcare and incidentals such as personal care services are 5–10% cheaper than the U.S. average
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⚠️ Cons
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Limited Amenities & Heavy Car Dependence
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Few in-town options for shopping, dining, or entertainment—most errands require driving
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No public transit; average commute time is 40 minutes .
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Mixed Crime Data
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BestPlaces reports low violent crime (15 vs 22/1,000 nationally) and somewhat higher property crime (27 vs 35/1,000)
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AreaVibes notes crime is about 29% above the Arkansas average
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Economic Challenges & Poverty
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Median household income around $34K, approximately 38% below the U.S. averag
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Poverty rate is high: about 29% of residents live below the poverty line .
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Tiny Population & Unstable Real Estate Market
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Fewer than 100 residents makes for limited social and economic diversity
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Housing market is minimal with low turnover and narrow options .
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Climate & Isolation
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Rural isolation can feel pronounced, with heavy reliance on personal transportation
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Located in northern Arkansas, the area is also hurricane- and tornado-prone (implied risk from regional climate)
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