Welcome to peaceful Rainbow Island living, just down the road from the world-famous Little Red River! This charming 2-bedroom, 1-bath home sits on 2 spacious lots totaling approximately 1 acre and features a large, bright living room plus an open-concept kitchen and dining area. Outside, enjoy a covered back porch, fenced yard area, RV parking, carport, large storage shed, storm shelter, greenhouse, chicken coop, and plenty of garden space. The established orchard includes 3 peach, 3 plum, 2 apple and 1 fig tree, 2 grape vines, blackberry and raspberry plants. A tankless water heater and mini-splits add comfort and efficiency to this peaceful river-area retreat. Just down the road is pangburn public bridge access for enjoying evenings and mornings trout fishing! This home could also make a wonderful short term rental property.
Active
$195,000
15 S 1st St, Pangburn, AR 72121
2beds
1,104sqft
Single Family Residence
Built in 1971
1 Acres Lot
$186,300 Zestimate®
$177/sqft
$-- HOA
What's special
Rv parkingLarge storage shedStorm shelterTankless water heaterBlackberry and raspberry plantsFenced yard areaChicken coop
- 54 days
- 134
- 18
Zillow last checked:
Listing updated:
Listed by:
Kristie A Webb 501-691-3227,
Crye*Leike Brock Real Estate 501-362-5868
Source: CARMLS,MLS#: 26033075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: None
Dining room
- Features: Kitchen/Dining Combo
Heating
- Ductless
Appliances
- Included: Free-Standing Range, Microwave, Electric Range, Dishwasher, Refrigerator, Gas Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- 2 Bedrooms Same Level
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Access/Parking, Carport, Two Car
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Deck, Porch
- Exterior features: Storage, Storm Cellar, Dog Run
- Fencing: Partial,Wood
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 1 Acres
- Features: Level, Resort Property, Wooded, Cleared, Extra Landscaping, Subdivided, River/Lake Area
Details
- Additional structures: Green House
- Parcel number: 00207189000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Electric-Co-op
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: RAINBOW ISLAND
HOA
- Has HOA: No
Location
- Region: Pangburn
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $124,445
- Annual tax amount: $1,088
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$186,300
$177,000 - $196,000
$996/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $195,000+56%$177/sqft |
Source:  CARMLS #26033075 Report a problem | ||
| 10/7/2024 | Sold | $125,000-19.4%$113/sqft |
Source: CARMLS #24026839 Report a problem | ||
| 10/1/2024 | Pending sale | $155,000$140/sqft |
Source:  RE/MAX of Arkansas #24026839 Report a problem | ||
| 10/1/2024 | Contingent | $155,000$140/sqft |
Source: CARMLS #24026839 Report a problem | ||
| 9/16/2024 | Listed for sale | $155,000$140/sqft |
Source: CARMLS #24026839 Report a problem | ||
| 9/14/2024 | Pending sale | $155,000$140/sqft |
Source: RE/MAX of Arkansas #24026839 Report a problem | ||
| 9/12/2024 | Contingent | $155,000$140/sqft |
Source: CARMLS #24026839 Report a problem | ||
| 7/26/2024 | Listed for sale | $155,000+297.4%$140/sqft |
Source: CARMLS #24026839 Report a problem | ||
| 10/11/2019 | Sold | $39,000-21.8%$35/sqft |
Source: CARMLS #19020166 Report a problem | ||
| 6/20/2019 | Listed for sale | $49,900+99.6%$45/sqft |
Source: RE/MAX Advantage #19020166 Report a problem | ||
| 6/11/2012 | Sold | $25,000$23/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $488 -30.6% | $24,889 +54.8% |
| 2024 | $703 +8.3% | $16,077 +8.3% |
| 2023 | $649 +14.3% | $14,840 +9.1% |
| 2022 | $567 +10% | $13,603 +10% |
| 2021 | $516 | $12,366 |
| 2020 | $516 +527.3% | $12,366 |
| 2019 | $82 -5.9% | $12,366 |
| 2018 | $87 +29.5% | $12,366 |
| 2017 | $67 | $12,366 +29.7% |
| 2016 | $67 +41.8% | $9,533 |
| 2015 | $48 | $9,533 |
| 2014 | $48 | $9,533 |
| 2013 | $48 -60.8% | $9,533 -15.6% |
| 2012 | $121 +6.9% | $11,301 +1.7% |
| 2011 | $113 +24.1% | $11,113 +5% |
| 2010 | $91 | $10,584 +4.5% |
| 2009 | -- | $10,127 +5.6% |
| 2008 | $134 | $9,590 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72121
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