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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
    $278,600 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!
    28 days
    |
    1,291
    |
    39
    |

    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
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        Estimated market value

        $278,600

        $265,000 - $293,000

        $1,351/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
        $1,618/mo
        Principal & interest
        $1495
        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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