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  • Price cut: $15K (7/10)
    $55,000

    429 Melrose St, El Dorado, AR 71730

    4beds
    2,004sqft
    Single Family Residence
    Built in 1983
    8,276 Square Feet Lot
    $-- Zestimate®
    $27/sqft
    $-- HOA

    What's special

    Detached garage with apartmentPlenty of outdoor spaceNice open lot
    Investor Special with Endless Potential on 1 Acre! Unlock the possibilities with this 4-bedroom, 2-bath home offering approximately 2,004 square feet of living space on a nice open lot in El Dorado, Arkansas. Featuring a versatile floor plan and an additional apartment above the garage, this property presents an excellent opportunity for investors, flippers, or buyers looking to add value and build equity. The detached garage with apartment provides potential for guest quarters, rental income, or a private office space. While the property requires significant repairs and updates, the size, layout, and extra living space create tremendous upside potential. Whether you're looking for your next renovation project, investment property, or a home with room to customize, this property offers endless possibilities. Conveniently located with plenty of outdoor space, this is a rare chance to bring your vision to life. Property Features: 2,004± Sq. Ft. 4 Bedrooms | 2 Bathrooms Approximately .19 Acre +/- Additional Apartment Above the Garage Detached Garage Excellent Flip or Investment Opportunity Potential for Additional Income Plenty of Space and Possibilities Sold As-Is Bring your to
    31 days
    |
    676
    |
    23
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Edington 870-210-1445,

    Keller Williams Realty Hot Springs 501-907-5959,

    Dustin Reynolds 214-548-7996,

    Keller Williams Realty

    Source: CARMLS,MLS#: 26025506MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: In-Law Quarters
      Dining room
      • Features: Separate Breakfast Rm
      Heating
      • Natural Gas
      Cooling
      • Gas, Electric
      Appliances
      • Included: Gas Range
      Features
      • 4 Bedrooms Same Level
      • Flooring: Carpet, Wood
      • Has fireplace: Yes
      • Fireplace features: Gas Starter
      Interior area
      • Total structure area: 2,004
      • Total interior livable area: 2,004 sqft

      Property

      Parking
      • Parking features: Garage, Detached
      • Has garage: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 8,276 Square Feet
      • Features: Level
      Details
      • Parcel number: 01820000250000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Crawl Space
      • Roof: 3 Tab Shingles
      Condition
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Helms Hillcrest
      HOA
      • Has HOA: No
      Location
      • Region: El Dorado

      Financial & listing details

      • Price per square foot: $27/sqft
      • Tax assessed value: $118,700
      • Annual tax amount: $186
      • Date on market: 6/24/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,497/mo

        Price history

        DateEventPrice
        7/10/2026Price change$55,000-21.4%$27/sqft
        Source: CARMLS #26025506 Report a problem
        6/24/2026Listed for sale$70,000+40%$35/sqft
        Source: CARMLS #26025506 Report a problem
        6/4/2026Listing removed--
        Source: Owner Report a problem
        5/30/2026Price change$50,000-28.6%$25/sqft
        Source: Owner Report a problem
        5/20/2026Listed for sale$70,000$35/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$172 -11.2%$13,764 +1.9%
        2024$194 -24.1%$13,506 +1.9%
        2023$256 +12.4%$13,248 +2%
        2022$228 +0%$12,990
        2021$228 $12,990 -12.6%
        2020$228 $14,870
        2019$228 -9.9%$14,870
        2018$253 +6.3%$14,870 -0.7%
        2017$238 $14,970 +15.9%
        2016$238 $12,920
        2015$238 $12,920
        2014$238 $12,920 -13.7%
        2013$238 $14,970 +15.9%
        2011$238 $12,920
        2010$238 $12,920
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 71730

        Getting around

        58 / 100
        Somewhat Walkable
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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