For sale

$195,000

500 S Monroe Way, Midland, AR 72945

3beds

1,848sqft

Manufactured Home, Single Family Residence

Built in 1998

5.05 Acres Lot

$125,500 Zestimate^®

$106/sqft

$-- HOA

What's special

Secluded home or recreational property! 5 acres that backs up to Bob Bouyer Park and Sugarloaf Mountain. Perfect for horse or outdoor lovers. 470 acres of walking trails, equestrian trails, and pavilions. Take a hike or horseback ride to Sugarloaf Lake. This property Includes a 28x66 Doublewide that could use a little TLC. The land is fenced and has three separate gated parts. There is also a storm shelter and two storage buildings that convey with property. Property to be Sold AS IS.

5 days
86
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air, Window Unit(s)

Appliances

Included: Some Electric Appliances, Counter Top, Dishwasher, Electric Water Heater, Oven, Range Hood
Laundry: Electric Dryer Hookup, Washer Hookup, Dryer Hookup

Features

Ceiling Fan(s), Eat-in Kitchen, Split Bedrooms
Flooring: Carpet, Laminate
Number of fireplaces: 1
Fireplace features: Family Room

Interior area

Total interior livable area: 1,848 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1
Exterior features: Unpaved Driveway
Fencing: Wire

Lot

Size: 5.05 Acres
Dimensions: 285 x 763 x 695 x 285
Features: Rural Lot

Details

Additional structures: Outbuilding
Parcel number: 0000
Special conditions: None

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home, Single Family Residence

Materials

Vinyl Siding
Foundation: Skirt
Roof: Asphalt,Shingle

Condition

Year built: 1998

Utilities & green energy

Water: Public
Utilities for property: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Security: None
Subdivision: .

Location

Region: Midland

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $55,945
Annual tax amount: $521
Date on market: 8/28/2026
Road surface type: Dirt

Estimated market value

$125,500

$93,000 - $164,000

$929/mo

Price history

Date	Event	Price
8/28/2026	Listed for sale	$195,000$106/sqft
Source: Western River Valley BOR #1091463 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$521 +9897.9%	$11,189 +80.5%
2024	$5	$6,200
2023	$5	$6,200
2022	$5	$6,200
2021	$5	$6,200 -49.4%
2020	$5 -18.3%	$12,250 +13.8%
2019	$6	$10,760
2018	$6	$10,760
2017	$6 +3.2%	$10,760
2016	$6	$10,760
2015	$6 -29.4%	$10,760 +73.3%
2014	$9 -97%	$6,210 +0.2%
2013	$296 +0.3%	$6,200 +0.3%
2011	$295 +4175%	$6,180 0%
2010	$7 +9%	$6,182 +0.2%
2009	$6	$6,170
2006	--	$6,170
2005	--	$6,170 +0.2%
2004	--	$6,160
2003	--	$6,160
2002	--	$6,160
2001	--	$6,160
2000	--	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 72945

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

4/10
Hackett Elementary School
Grades: PK-6Distance: 7 mi
6/10
Hackett High School
Grades: 7-12Distance: 7 mi

Schools provided by the listing agent

Elementary: Hackett
Middle: Hackett
High: Hackett
District: Hackett

Source: Western River Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.