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.
Active
$350,000
1428 Five Mile Rd, Drasco, AR 72530
5beds
1,980sqft
Est.:
Single Family Residence
Built in ----
8 Acres Lot
$376,200 Zestimate®
$177/sqft
$-- HOA
What's special
Large pondLarge shop buildingScenic acresSpacious shop area
- 2 days |
- 335 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: March 30, 2026 at 07:16am
Listed by:
Sarah Perkins 501-691-2600,
Mossy Oak Properties Selling Arkansas - Southside 870-569-4600
Source: CARMLS,MLS#: 26012021
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: In-Law Quarters
Dining room
- Features: Other
Appliances
- Included: Other
Features
- Flooring: Other
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Patio & porch: Deck, Porch
- Exterior features: Storm Cellar, Shop
- Waterfront features: Pond
Lot
- Size: 8 Acres
- Features: Cleared
Details
- Additional structures: Guest House
- Parcel number: 00103974000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other (see remarks)
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Metes & Bounds
HOA
- Has HOA: No
Location
- Region: Drasco
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $275,640
- Annual tax amount: $3,266
- Date on market: 3/30/2026
- Listing terms: Conventional,Cash
- Road surface type: Other
Estimated market value
$376,200
$327,000 - $429,000
$1,256/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $350,000$177/sqft |
Source: | ||
Public tax history
BuyAbility℠ payment
Est. payment
$1,899/mo
Principal & interest
$1762
Property taxes
$137
More affordability tools
Climate risks
Neighborhood: 72530
Nearby schools
GreatSchools rating
- 6/10Concord Elementary SchoolGrades: K-6Distance: 6.4 mi
- 8/10Concord High SchoolGrades: 7-12Distance: 6.4 mi
Local experts in 72530
- Arkansas
- Cleburne County
- Drasco
- 72530
- 1428 Five Mile Rd




