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For sale
  • $350,000

    1424 Five Mile Loop, Drasco, AR 72530

    9beds
    2,500sqft
    : 
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    Single Family Residence
    Built in ----
    8 Acres Lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    Large pondLarge shop buildingsStorage unitsEight dedicated storage unitsMultiple residences
    Multiple Residences + Shop Buildings with storage units on 8 +/- acres! Welcome to your ultimate multi-use investment opportunity in the Ozarks! Located in the quiet countryside of Drasco in Cleburne County, this unique property features multiple residences, large shop buildings, and storage units-all set on approximately 8 +/- scenic acres with a large pond and room to grow. If you've been searching for strong rental potential with diversified income streams, this property delivers. With three separate residential units and eight storage units, there are multiple ways to generate consistent cash flow. The property includes a 5-bedroom mobile home, ideal for large family or workforce housing, offering strong rental potential. Also on-site is a 2-bedroom block home, perfect for long-term rental, short-term rental, or on-site management housing. The large shop building features a 2-bedroom apartment, adding another income-producing unit, while the shop space itself offers additional value for business use, storage, or potential lease income. In addition, eight dedicated storage units provide steady monthly income with low overhead-an excellent complement to the residential rentals. BANK OWNED Income Potential Includes: - 5BR residential rental- 2BR block home rental- 2BR apartment rental- 8 storage unit rentals- Potential shop lease income Location & Convenience:Just minutes to Drasco and Greers Ferry Lake for boating and fishing Short drive to Heber Springs and the Little Red River Approximately 30 minutes to Batesville for dining, shopping, and healthcare Outdoor Recreation & Lifestyle: This area is known for some of the best outdoor recreation in North Central Arkansas: Greers Ferry Lake - boating, fishing, swimming Ozark National Forest & nearby trails Nearby Wildlife Management Areas for hunting Peaceful rural setting with abundant wildlife Whether you're looking to expand your rental portfolio, create a multi-family investment property, or live on-site while your rentals help cover expenses, this 8 +/- acre property offers flexibility, income potential, and long-term upside. Proudly listed with Mossy Oak Properties Selling Arkansas - Southside Branch, . Call or text Listing Agent, at for a tour or more information. Equal Housing Opportunity.
    73 days
    |
    422
    |
    38
    |

    Zillow last checked:

    Listed by:

    Sarah Perkins,

    Mossy Oak Properties Selling Arkansas 870-495-2123

    Source: REALSTACK,MLS#: 98724

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Other
      Cooling
      • Other
      Features
      • Has basement: No
      Interior area
      • Total structure area: 2,500
      • Total interior livable area: 2,500 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 8 Acres
      Details
      • Parcel number: 00103976000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence

      Community & HOA

      Location
      • Region: Drasco

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $138,690
      • Annual tax amount: $107
      • Date on market: 4/30/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,161/mo

        Price history

        DateEventPrice
        4/30/2026Listed for sale$350,000+133.3%$140/sqft
        Source: REALSTACK #98724 Report a problem
        10/28/2025Listing removed$150,000$60/sqft
        Source: REALSTACK #77688 Report a problem
        5/28/2025Price change$150,000-25%$60/sqft
        Source: CARMLS #25011553 Report a problem
        3/26/2025Listed for sale$199,900$80/sqft
        Source: CARMLS #25011553 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$107 -47.6%$16,092 +0.4%
        2024$204 -18.7%$16,030 +4.2%
        2023$251 +3.1%$15,388 +4.4%
        2022$244 +13.3%$14,746 +4.9%
        2021$215 $14,060
        2020$215 $14,060
        2019$215 -10.4%$14,060
        2018$240 +0.8%$14,060
        2017$238 $14,060 +1.1%
        2016$238 +3.6%$13,908
        2015$230 $13,908
        2014$230 $13,908
        2013$230 $13,908
        2012$230 -16.7%$13,908 -6.9%
        2011$276 +87.6%$14,940 +26.1%
        2010$147 $11,850
        2009-- $11,850 +3.4%
        2008$135 $11,455
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 72530

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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