Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Crown Lake Area Subdivision Lot Title is generated by Realmo AI

    1801 Iris Cir, Horseshoe Bend, AR 72512

    View on Map
    Claim this Listing
    For Sale
    $114,500

    Subdivision Lot - Horseshoe Bend, AR

    Lot size:
    0.35 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    25
    Last Refresh:
    May 16 at 4:06 am

    Property Features for 1801 Iris Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Annual Amount
    514

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Pamela Welch
    Pamela Welch

    Listing agent Pamela Welch

    Listing office Mossy Oak Properties Selling Arkansas 416 N. Main, Searcy, AR

    Listing date Apr 22, 2026

    MLS# 26016183 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location near Crown Lake in Horseshoe

    Overview

    This 0.35-acre lot is located in the Crown Lake area of Horseshoe Bend, Arkansas, in Izard County. Situated in a quiet cul-de-sac with low traffic, the property offers privacy and is build-ready with Horseshoe Bend city water, city sewer, electric, and NEXT internet through North Arkansas Electric already on site. An existing foundation from a previous homesite provides a head start for construction. The lot is directly across from Papa Dick’s and within walking distance to Crown Point Resort and putt-putt golf. This location is ideal for a vacation home or short-term rental investment, given Horseshoe Bend's popularity for lakes, boating, fishing, and year-round recreation. The property offers location, convenience, and potential for those looking to build a getaway or invest in a growing lake community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel Kitchen & Bath Showroom HVAC Service Arcade & Gaming Center (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horseshoe Bend
    County
    Izard
    State
    Arkansas
    Longitude
    -91.742118
    Latitude
    36.205082

    Nearby Similar for Sale

    • $157,500
      4,000 SF

      Versatile Commercial Building in Horseshoe Bend

      4,000 SF commercial building suitable for various business uses.
      701 Highway 289 N, Horseshoe Bend, AR 72512
      View Details
    • $575,000
      11,560 SF

      Horseshoe Bend Church and Land

      Former church facility on 2 acres in Horseshoe Bend.
      600 W Church Street, Horseshoe Bend, AR 72512
      View Details
    • $21,000

      Golf Course Frontage Residential Lot

      Residential lot with golf course frontage in Horseshoe Bend, AR.
      301 S SEQUOIA DRIVE, Horseshoe Bend, AR 72512
      View Details
    • $175,000

      Waterfront Acreage in Horseshoe Bend

      One-acre cleared lot with private boat dock on Crown Lake.
      511 Tri Lakes Dr, Horseshoe Bend, AR 72512
      View Details
    • $40,000

      Horseshoe Bend Acreage Opportunity

      10-acre property near town, lake, and river.
      00 Hwy 289, Horseshoe Bend, AR 72512
      View Details
    • $69,500

      Waterfront Lot in Horseshoe Bend

      0.50 acre waterfront lot with 111 ft shoreline frontage.
      1503 Emerald Cove, Horseshoe Bend, AR 72512
      View Details
    • $3,000

      Residential Lot in Horseshoe Bend

      Residential lot available for new home construction near Crown Lake.
      613 Dogwood Drive lot: 254, Horseshoe Bend, AR 72512
      View Details
    • $49,900

      Lakefront Lot in Horseshoe Bend

      Affordable lakefront lot ready for construction in the Ozarks.
      200 Isabella Lane, Horseshoe Bend, AR 72512
      View Details
    • $32,500

      Diamond Lake Frontage Lot

      2.47 acre lot with 224 feet of lake frontage.
      1301 View Park Circle, Horseshoe Bend, AR 72512-0000
      View Details
    • $35,200

      Horseshoe Bend Land for Sale

      16 lots totaling 5.76 acres in Horseshoe Bend, AR.
      Clark Lane, Horseshoe Bend, AR 72512
      View Details
    • $12,000

      Horseshoe Bend Residential Lots

      Multiple residential lots in Horseshoe Bend, Arkansas, for sale.
      1609 Old Strawbery Lane, Horseshoe Bend, AR 72512
      View Details
    • $3,200

      Vacant Lot Near Crown Lake

      0.37-acre wooded lot near Crown Lake, Horseshoe Bend, AR.
      2504 Crescent Drive, Horseshoe Bend, AR 72512
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Prime lot near Crown Lake, ready to build.
    Where is this residential land & home lot located?
    The property is located at 1801 Iris Cir Horseshoe Bend, AR.
    What is the asking price?
    The asking price for this property is $114,500.
    What are key features of this property?
    This property features: Prime location near Crown Lake in Horseshoe
    (870) 897-0700
    We can help!
    Listing Contact
    Pamela Welch
    Pamela Welch
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1801 Iris Cir, Horseshoe Bend, AR 72512
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!