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    • Price cut: $12.6K (7/28)
    $349,900

    505 Possum Trot Rd, Melbourne, AR 72556

    0beds
    3,200sqft
    : 
    $2,191/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    10 Acres Lot
    $351,000 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Exceptional 10-acre property located just off Old Fort Road in Melbourne, featuring a 40x80 fully finished shop with 12-foot walls. The shop is thoughtfully designed with an entertainment area that includes a full kitchen, full bathroom, and a spacious game room/living area, ideal for gatherings or future conversion to living space. Four bay doors provide ample storage and easy access for vehicles or equipment. The acreage is all open and usable, complete with a pond, and offers plenty of room to build a home or expand.
    36 days
    |
    219
    |
    10
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandy N Corter 870-373-4009,

    Re/Max Edge Realty Melbourne 870-916-2008

    Source: CARMLS,MLS#: 26025125MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Great Room, Workshop/Craft
      Dining room
      • Features: Kitchen/Dining Combo, Breakfast Bar
      Heating
      • Ductless
      Appliances
      • Included: Free-Standing Range, Microwave, Gas Range, Refrigerator, Electric Water Heater
      Features
      • Ceiling Fan(s), Breakfast Bar, Granite Counters, Vaulted Ceiling(s), Wood Ceiling
      • Flooring: Tile, Concrete
      • Doors: Insulated Doors
      • Windows: Insulated Windows
      • Basement: None
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,200
      • Total interior livable area: 3,200 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Garage Door Opener, Four Car or More
      • Has garage: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Exterior features: Rain Gutters, Shop
      • Waterfront features: Pond
      Lot
      • Size: 10 Acres
      • Features: Level
      Details
      • Parcel number: 00102549005

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Barndominium
      • Property subtype: Single Family Residence
      Materials
      • Metal/Vinyl Siding, Spray Foam Insulation
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Electric: Elec-Municipal (+Entergy)
      • Gas: Gas-Propane/Butane
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Gas-Propane/Butane
      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Subdivision: Metes & Bounds
      HOA
      • Has HOA: No
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $49,300
      • Annual tax amount: $453
      • Date on market: 6/22/2026
      • Listing terms: Conventional,Cash
      • Road surface type: Paved

        Estimated market value

        $351,000

        $333,000 - $369,000

        $1,578/mo

        Price history

        DateEventPrice
        7/28/2026Price change$349,900-3.5%$109/sqft
        Source: CARMLS #26025125 Report a problem
        6/22/2026Price change$362,500-2%$113/sqft
        Source: CARMLS #26025125 Report a problem
        6/10/2026Price change$369,900-1.4%$116/sqft
        Source: CARMLS #25049404 Report a problem
        3/24/2026Price change$375,000-3.8%$117/sqft
        Source: CARMLS #25049404 Report a problem
        1/21/2026Price change$389,900-2.5%$122/sqft
        Source: CARMLS #25049404 Report a problem
        12/18/2025Price change$399,900-60%$125/sqft
        Source: CARMLS #25049404 Report a problem
        8/15/2024Listed for sale$999,900+263.6%$312/sqft
        Source: RE/MAX of Arkansas #24028708 Report a problem
        6/20/2017Sold$275,000$86/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$454 $9,860
        2024$454 -81.6%$9,860 -84.3%
        2023$2,468 +18.7%$62,970 +17.9%
        2022$2,078 +3.5%$53,400 +2.9%
        2021$2,008 +5.9%$51,870 +5%
        2020$1,895 -4.6%$49,420 +14.2%
        2019$1,987 $43,280
        2018$1,987 $43,280
        2017$1,987 $43,280
        2016-- $43,280
        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.
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        Climate risks

        Neighborhood: 72556

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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