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For sale
  • Price cut: $40K (7/30)
    $253,500

    703 S Franklin St, Lavaca, AR 72941

    5beds
    2,648sqft
    : 
    $1,605/mo
    Get pre-qualified
    Single Family Residence
    Built in ----
    0.65 Acres Lot
    $251,300 Zestimate®
    $96/sqft
    $-- HOA

    What's special

    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.*
    135 days
    |
    343
    |
    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

        $251,300

        $239,000 - $264,000

        $1,942/mo

        Price history

        DateEventPrice
        7/30/2026Price change$253,500-13.6%$96/sqft
        Source: Western River Valley BOR #1087800 Report a problem
        5/8/2026Price change$293,500-2%$111/sqft
        Source: Western River Valley BOR #1087800 Report a problem
        4/4/2026Price change$299,500+2%$113/sqft
        Source: Western River Valley BOR #1087800 Report a problem
        2/3/2026Listed for sale$293,500$111/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72941

        Getting around

        26 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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