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For sale
  • Price cut: $15K (3/7)
    $289,900

    40515 J Martin Rd, Lepanto, AR 72354

    3beds
    1,920sqft
    : 
    Single Family Residence
    Built in 1932
    1 Acres Lot
    $293,600 Zestimate®
    $151/sqft
    $-- HOA

    What's special

    All new electricalAll new plumbingSpa inspired primary bathElegant italian tile
    Step into a stunning blend of historic character and modern sophistication. Originally built in the 1930s and completely renovated from top to bottom, this beautifully reimagined home offers timeless appeal with the peace of mind of all new systems and finishes. With nearly 2,000 square feet of thoughtfully designed living space, the home features all new electrical, all new plumbing, and carefully curated details throughout. Elegant Italian tile adds a refined, European feel, while custom touches create a cohesive, upscale look in every room. The home includes 3 spacious bedrooms and 2 fully updated bathrooms. The spa inspired primary bath serves as a true centerpiece, showcasing a striking freestanding soaking tub with exposed plumbing for a luxurious, boutique style experience. The basement provides abundant storage and flexible space ideal for a home gym, recreation area, or additional living use. You'll also find a dedicated dining room perfect for gatherings, a generously sized laundry room for everyday convenience, and a bright sunroom that offers a relaxing space for morning coffee or quiet evenings. Situated on approximately 1 acre just outside city limits, this property delivers the privacy and open space of country living while remaining just minutes from town amenities. Motivated Sellers!
    21 days
    |
    919
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2026 at 03:47am

    Listed by:

    Kayla Tacker 870-604-9923,

    SnowCap Realty 870-759-2272

    Source: Northeast Arkansas BOR,MLS#: 10127747

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Oven, Refrigerator
    • Laundry: Laundry Room
    Features
    • Flooring: Vinyl
    • Basement: Partial
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft
    • Finished area above ground: 1,920

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 007073930002

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Rural

    Community & HOA

    Community
    • Subdivision: 32-21-2E
    Location
    • Region: Lepanto

    Financial & listing details

    • Price per square foot: $151/sqft
    • Tax assessed value: $16,100
    • Annual tax amount: $158
    • Date on market: 2/17/2026
    • Listing terms: Cash,Conventional,FHA,In House,Rural Development,VA Loan
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $293,600

    $279,000 - $308,000

    $1,209/mo

    Price history

    Price history
    DateEventPrice
    3/7/2026Price change$289,900-4.9%$151/sqft
    Source: Northeast Arkansas BOR #10127747 Report a problem
    2/17/2026Listed for sale$304,900-4.7%$159/sqft
    Source: Northeast Arkansas BOR #10127747 Report a problem
    2/16/2026Listing removed$319,900$167/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    2/16/2026Listed for sale$319,900$167/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    1/23/2026Pending sale$319,900$167/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    1/12/2026Price change$319,900-3%$167/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    12/17/2025Price change$329,900-5.7%$172/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    11/26/2025Listed for sale$349,900+1028.7%$182/sqft
    Source: Northeast Arkansas BOR #10126233 Report a problem
    7/1/2009Sold$31,000$16/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$20 +14.8%$3,220
    2023$17 -86.3%$3,220
    2022$125 +415.1%$3,220 -47%
    2021$24 -90.3%$6,080
    2020$250 +6.7%$6,080
    2019$234 +8.4%$6,080
    2018$216 +20.9%$6,080
    2017$179 +10%$6,080 +38.8%
    2016$163 $4,380
    2015$163 $4,380
    2014$163 $4,380
    2013$163 $4,380 -23.4%
    2012-- $5,720
    2011-- $5,720
    2010-- $5,720

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,529/mo
    Principal & interest
    $1406
    Property taxes
    $123
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      Climate risks

      Neighborhood: 72354

      Getting around

      1 / 100
      Car-Dependent
      25 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: EPC
      • Middle: Epc
      • High: East Poinsett Co.

      Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 72354

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