Standalone Residential Income
For Sale
$199,500
49 River Oaks Trace, Searcy, AR 72143
A detached condominium residence combines private outdoor space with HOA-provided exterior maintenance.
Property Size1,362 SF
Price / SF$146.48
Days on Market17
Property Features for 49 River Oaks Trace
General Information
Standard status
Active
Size
1,362 SF
Property subtype
Condo/Townhse/Duplex/Apt
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$980
Amenities
whole-house generator
covered patio
walk-in tub
rose bushes
French doors
pantry
Building Details
Building Size
1,362 SF
Year Built
1998
Listing Agency:
RE/MAX Advantage
Listed By:
Valerie Canepa · License #AB00072191
(501) 473-7151
Source:
Howellrealtypros
Added: Oct 13
Changed: Oct 27
Last Checked: Oct 26 at 3:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage
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Investment Insights
Based on property information with market context.
This 1,362-square-foot standalone condominium residence was built in 1998. Features include a whole-house generator, double garage, covered patio, and a small fenced backyard. The primary bathroom has a walk-in tub with a shower attachment; the dining room opens through French doors, and a pantry provides additional storage.
The HOA handles exterior maintenance. The home is at 49 River Oaks Trace in Searcy, Arkansas.
The HOA handles exterior maintenance. The home is at 49 River Oaks Trace in Searcy, Arkansas.
Key Highlights
- Standalone condominium residence with a whole‑house generator
- 1,362 square feet; built in 1998
- Double garage, covered patio, and small fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,357
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,140
$147.1K
Cap Rate 7%
$105,100
$105.1K
Cap Rate 9%
$81,744
$81.7K
Market Conditions
NOI Build-Up for 1,362 SF
Gross rent
$14.4K $10.56/SF
− Vacancy
−$1.0K −$0.74/SF
EGI
$13.4K $9.82/SF
− OpEx
−$6.0K −$4.42/SF
NOI
$7.4K $5.40/SF
Area
White County, AR
Vacancy
7.00%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,140
Cap Rate 7%
$105,100
Cap Rate 9%
$81,744
Alternative Uses
Best Use
Apartment 5plus
$105.1K
$92.0K – $122.6K
NOI $7,357 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.1K
$218.0K – $290.6K
NOI $17,436 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
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Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A detached condominium residence combines private outdoor space with HOA-provided exterior maintenance.
Where is this residential income property located?
The property is located at 49 River Oaks Trace Searcy, AR.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Standalone condominium residence with a whole‑house generator; 1,362 square feet; built in 1998; Double garage, covered patio, and small fenced backyard
