Welcome to 1940 Payne Lane in Conway Arkansas, a well-located property offering comfort, functionality, and easy access to everything Conway has to offer. This home provides a great layout with inviting living spaces, making it ideal for everyday living, entertaining, or investment potential. Situated in an established area, the property offers a balance of privacy and convience, with nearby shopping, dining, schools, and quick access to major roads. Whether you're looking for a primary residence or a smart addition to your real estate portfolio, this property presents an excellent opportunity in a growing market.
Closed
$250,000
1940 Payne Ln, Conway, AR 72034
3beds
1,582sqft
Single Family Residence
Built in 1999
6,969.6 Square Feet Lot
$248,000 Zestimate®
$158/sqft
$1,626 Estimated rent
Home value
$248,000
$216,000 - $285,000
$1,626/mo
Zestimate® history
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$1,704/mo
Est. payment
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Est. payment
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Great layoutInviting living spaces
Zillow last checked:
Listing updated:
Listed by:
Theresa Van Barkenhuizen 870-324-3331,
Forrest Realty
Bought with:
Lauren Walter, AR
Homeward Realty
Source: CARMLS,MLS#: 25049760
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Eat-in Kitchen, Kitchen/Dining Combo
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Microwave, Electric Range, Dishwasher, Refrigerator
- Laundry: Laundry Room
Features
- Walk-In Closet(s), Sheet Rock, Tray Ceiling(s), 3 Bedrooms Same Level
- Flooring: Carpet, Wood, Tile
- Has fireplace: Yes
Interior area
- Total structure area: 1,582
- Total interior livable area: 1,582 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car, Garage Door Opener
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Fencing: Wood
Lot
- Size: 6,969 sqft
- Dimensions: 125 x 57
- Features: Level, Extra Landscaping, Subdivided
Details
- Parcel number: 71211883253
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Patio Home
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: Electric-Co-op
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected, Telephone-Private
Community & neighborhood
Location
- Region: Conway
- Subdivision: Marthas Village PUD
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $150 annually
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $250,000-3.8%$158/sqft |
Source:  CARMLS #25049760 Report a problem | ||
| 12/29/2025 | Contingent | $260,000$164/sqft |
Source: CARMLS #25049760 Report a problem | ||
| 12/23/2025 | Listed for sale | $260,000+9.7%$164/sqft |
Source: CARMLS #25049760 Report a problem | ||
| 7/3/2025 | Sold | $237,000-2.3%$150/sqft |
Source: CARMLS #25024731 Report a problem | ||
| 7/1/2025 | Contingent | $242,500$153/sqft |
Source: CARMLS #25024731 Report a problem | ||
| 6/23/2025 | Listed for sale | $242,500+203.1%$153/sqft |
Source: CARMLS #25024731 Report a problem | ||
| 5/29/2020 | Listing removed | $1,250$1/sqft |
Source: Rush Hal Report a problem | ||
| 5/19/2020 | Listed for rent | $1,250+13.6%$1/sqft |
Source: Rush Hal Report a problem | ||
| 4/13/2017 | Listing removed | $1,100$1/sqft |
Source: Rush Hal Report a problem | ||
| 3/21/2017 | Listed for rent | $1,100$1/sqft |
Source: Rush Hal Report a problem | ||
| 2/22/2014 | Sold | $80,000-36%$51/sqft |
Source: Agent Provided Report a problem | ||
| 9/21/2005 | Sold | $125,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,221 +9.1% | $43,900 +9.1% |
| 2024 | $2,036 +10% | $40,240 +10% |
| 2023 | $1,851 +2.3% | $36,580 +2.3% |
| 2022 | $1,810 +9.1% | $35,770 +9.1% |
| 2021 | $1,659 +10% | $32,790 +10% |
| 2020 | $1,508 | $29,810 |
| 2019 | $1,508 | $29,810 |
| 2018 | $1,508 | $29,810 |
| 2017 | $1,508 | $29,810 |
| 2016 | $1,508 | $29,810 -0.3% |
| 2015 | $1,508 -0.3% | $29,890 |
| 2014 | $1,512 +2.2% | $29,890 |
| 2013 | $1,480 | $29,890 |
| 2012 | -- | $29,890 |
| 2011 | -- | $29,890 +0.9% |
| 2010 | -- | $29,620 |
| 2009 | -- | $29,620 +4.1% |
| 2008 | -- | $28,440 |
| 2007 | -- | $28,440 |
| 2006 | -- | $28,440 +14.9% |
| 2005 | -- | $24,750 |
| 2004 | -- | $24,750 |
| 2003 | -- | $24,750 +13.5% |
| 2002 | -- | $21,800 |
| 2001 | -- | $21,800 |
Find assessor info on the county website
Neighborhood: 72034
Nearby schools
GreatSchools rating
- 10/10Julia Lee Moore Elementary SchoolGrades: K-4Distance: 0.6 mi
- 9/10Conway Junior High SchoolGrades: 8-9Distance: 1.7 mi
- 6/10Conway High WestGrades: 10-12Distance: 1.2 mi
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- Arkansas
- Faulkner County
- Conway
- 72034
- 1940 Payne Ln
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