Seller will entertain all offers. Up to 7.54 +/- acres! This 5-bedroom, 2-bath brick home offers the perfect blend of convenience and privacy in the middle of town! The home is situated on approximately 0.65 acres with fenced in backyard, provides plenty of space to enjoy while still being just minutes from Lavaca schools and local shopping, and only 15 minutes to Chaffee Crossing, Arkansas Colleges for Health Education, and many amenities that Fort Smith offers.
Inside, you’ll find a comfortable layout with recent updates that add both style and functionality. A large family room with a cozy fireplace creates a great space for gathering and relaxing. The home is ideal for families or anyone looking for a move-in ready property with room to grow.
Step outside to a patio area out back, perfect for entertaining or enjoying the peaceful setting. The back portion of the property offers added seclusion, giving you privacy and space to unwind. Covered parking provides convenience and protection from the elements.
Whether you’re looking for space, updates, or a convenient location, this property checks all the boxes.
*An additional 6.38 +/- acres can also be purchased for $65,000. See last photo.*
For sale
Price cut: $40K (7/30)
$253,500
703 S Franklin St, Lavaca, AR 72941
5beds
2,648sqft
Single Family Residence
Built in ----
0.65 Acres Lot
$250,800 Zestimate®
$96/sqft
$-- HOA
What's special
- 184 days
- 234
- 15
Zillow last checked:
Listing updated:
Listed by:
Team Williams 479-831-9553,
O'Neal Real Estate- Fort Smith 479-242-4609
Source: Western River Valley BOR,MLS#: 1087800Originating MLS: Fort Smith Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Counter Top, Dishwasher, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup, Dryer Hookup
Features
- Built-in Features, Ceiling Fan(s), Pantry
- Flooring: Ceramic Tile, Laminate, Simulated Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total interior livable area: 2,648 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Asphalt
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: Partial
Lot
- Size: 0.65 Acres
- Dimensions: 125 x 380
- Features: Cleared, City Lot, Level, Wooded
Details
- Parcel number: 6935901030000000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Architectural,Shingle
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Features: Near Schools
- Security: None
- Subdivision: Acreage-Lavaca
Location
- Region: Lavaca
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $205,890
- Annual tax amount: $1,545
- Date on market: 4/4/2026
Estimated market value
$250,800
$238,000 - $263,000
$1,912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $253,500-13.6%$96/sqft |
Source: Western River Valley BOR #1087800 Report a problem | ||
| 5/8/2026 | Price change | $293,500-2%$111/sqft |
Source: Western River Valley BOR #1087800 Report a problem | ||
| 4/4/2026 | Price change | $299,500+2%$113/sqft |
Source: Western River Valley BOR #1087800 Report a problem | ||
| 2/3/2026 | Listed for sale | $293,500$111/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,699 +10% | $30,670 +10% |
| 2024 | $1,545 | $27,880 |
| 2023 | $1,545 +3.5% | $27,880 +12.1% |
| 2022 | $1,492 +8.3% | $24,870 |
| 2021 | $1,378 +9.1% | $24,870 -10.8% |
| 2020 | $1,263 +10% | $27,880 +34.5% |
| 2019 | $1,148 +1.8% | $20,730 |
| 2018 | $1,128 | $20,730 |
| 2017 | $1,128 | $20,730 |
| 2016 | $1,128 | $20,730 |
| 2015 | $1,128 +7.7% | $20,730 +7.7% |
| 2014 | $1,047 | $19,240 |
| 2013 | $1,047 | $19,240 |
| 2012 | $1,047 | $19,240 |
| 2011 | $1,047 +68.4% | $19,240 +7.7% |
| 2010 | $622 | $17,860 |
| 2009 | $622 | $17,860 |
| 2008 | $622 +18% | $17,860 |
| 2007 | $527 | $17,860 |
| 2006 | -- | $17,860 |
| 2005 | -- | $17,860 |
| 2004 | -- | $17,860 |
| 2003 | -- | $17,860 |
| 2002 | -- | $17,860 -11.8% |
| 2001 | -- | $20,250 |
| 2000 | -- | $20,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72941
Nearby schools
Schools provided by the listing agent
- Elementary: Lavaca
- Middle: Lavaca
- High: Lavaca
- District: Lavaca
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.



