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For sale by owner
  • Price cut: $8K (1/8)
    $92,000

    1388 Diamond Rd, Waldron, AR 72958

    3beds
    1,400sqft
    : 
    SingleFamily
    Built in 2001
    1.4 Acres Lot
    $-- Zestimate®
    $66/sqft
    $-- HOA

    What's special

    Two water wellsRenovated bathroomBrand new flooring
    GREAT FOR LONG TERM INVESTORS: Two houses are for sale (AS-IS) together on 3 acres in Waldron, Arkansas for $100,000, sold as is. The property includes a fully renovated permanent 1 bedroom, 1 bathroom home that is currently rented for $750 per month with a one-year lease in place that transfers to the new owner. The second home is a 2 bedroom, 1 bathroom mobile home with a brand NEW flooring, and renovated bathroom, currently rented for $650 per month. Together, both homes generate immediate rental income of $1,400 per month. Paids itself. The land totals approximately 3 acres, with about 2.5 acres of flat grassy land, two water wells, and a natural stream running through the property. The setting is private and rural, making it ideal for livestock such as horses, cows, or chickens, as well as for homesteading, multi-family living, or investment purposes. Both leases transfer to the buyer, providing stable income with no vacancy risk. For more information, call Jose R. Alas at 479-351-9660.
    What the owner loves about this home
    What I love most about this property is the peace and freedom it gives you. Sitting on 3 acres, you’re surrounded by nature, open space, and quiet—yet you’re still close enough to town when you need it. The land is the real treasure here. With mostly flat, grassy acreage, water wells, and a natural stream running through the property, it’s perfect for animals, gardening, or just enjoying the outdoors. It truly feels like a place where you can slow down and breathe. I also love the flexibility these two homes offer. One house is already rented and generating steady income, which helps pay for the property from day one. The second home gives you options—live in it, rent it out, or keep it for family. These homes aren’t just structures—they’re opportunity. Whether you want to invest, homestead, or create a multi-family setup, this property gives you room to grow, financially and personally. This is the kind of place where you can build something long-term, not just buy a house.
    20 days
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    196
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    5
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    Listed by:

    Property Owner (479) 351-9660

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,400 sqft

    Property

    Lot
    • Size: 1.4 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • New construction: No
    • Year built: 2001

    Community & HOA

    Location
    • Region: Waldron

    Financial & listing details

    • Price per square foot: $66/sqft
    • Date on market: 12/26/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $649/mo

    Price history

    Price history
    DateEventPrice
    1/8/2026Price change$92,000-8%$66/sqft
    Source: Owner Report a problem
    1/7/2026Listed for sale$100,000-9.1%$71/sqft
    Source: Owner Report a problem
    7/23/2025Listing removed$750$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2025Listed for rent$750$1/sqft
    Source: Zillow Rentals Report a problem
    7/19/2025Listing removed$110,000$79/sqft
    Source: Western River Valley BOR #1081632 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $420/mo
    Principal & interest
    $357
    Home insurance
    $32
    Property taxes
    $31

      Climate risks

      Neighborhood: 72958

      Nearby schools

      GreatSchools rating

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