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.
For sale by owner
Price cut: $8K (1/8)
$92,000
1388 Diamond Rd, Waldron, AR 72958
3beds
1,400sqft
Est.:
SingleFamily
Built in 2001
1.4 Acres Lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
Two water wellsRenovated bathroomBrand new flooring
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 |
- 196 |
- 5 |
Listed by:
Property Owner (479) 351-9660
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
Estimated market value
Not available
Estimated sales range
Not available
$649/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Price change | $92,000-8%$66/sqft |
Source: Owner Report a problem | ||
| 1/7/2026 | Listed for sale | $100,000-9.1%$71/sqft |
Source: Owner Report a problem | ||
| 7/23/2025 | Listing removed | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Listing 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
- 5/10Waldron Elementary SchoolGrades: PK-4Distance: 15.3 mi
- 5/10Waldron Middle SchoolGrades: 5-8Distance: 15.4 mi
- 6/10Waldron High SchoolGrades: 9-12Distance: 15.5 mi
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