Up to 7.54 +/- acres! This 4-bedroom, 2-bath brick home on 1.16 +/- acres offers the perfect blend of convenience and privacy in the middle of town! The home is situated on approximately 1.16 acres, 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.*
Active
Price cut: $6K (5/8)
$293,500
703 S Franklin St, Lavaca, AR 72941
4beds
2,648sqft
Single Family Residence
Built in 1960
7.54 Acres Lot
$287,500 Zestimate®
$111/sqft
$-- HOA
What's special
Peaceful settingCovered parkingPatio area out backLarge family roomAdded seclusionCozy fireplace
- 88 days |
- 527 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Keith R Williams 479-831-9553,
O'Neal Real Estate 479-242-4609
Source: CARMLS,MLS#: 26013191
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Formal Living Room, Workshop/Craft
Dining room
- Features: Separate Dining Room
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Built-In Range, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Kit Counter-Formica, Sheet Rock, Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, All Bedrooms Down, 4 Bedrooms Same Level, 4 Bedrooms Lower Level
- Flooring: Vinyl, Tile
- Has fireplace: Yes
- Fireplace features: Factory Built
Interior area
- Total structure area: 2,648
- Total interior livable area: 2,648 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Car, Detached
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Chain Link
Lot
- Size: 7.54 Acres
- Dimensions: 125 x 380
- Features: Level, Wooded, Cleared, Subdivided, Split Possible
Details
- Parcel number: 6935901030000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Electric-Co-op
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Sebastian County
HOA
- Has HOA: No
Location
- Region: Lavaca
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $205,890
- Annual tax amount: $1,545
- Date on market: 4/6/2026
- Listing terms: VA Loan,FHA,Conventional,USDA Loan
- Road surface type: Paved
Estimated market value
$287,500
$273,000 - $302,000
$1,681/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $20,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 72941
Nearby schools
GreatSchools rating
- 7/10Lavaca Middle SchoolGrades: 5-8Distance: 0.2 mi
- 4/10Lavaca High SchoolGrades: 9-12Distance: 0.1 mi
- 8/10Lavaca Elementary SchoolGrades: PK-4Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Arkansas
- Sebastian County
- Lavaca
- 72941
- 703 S Franklin St
Nearby cities
Nearby zip codes
Other Lavaca Topics
