7.20 Acres in Hot Spring County, Arkansas For Sale

  • $49,900

This 7.20-acre tract in Hot Spring County, Arkansas, sits on Cooper Road just outside Malvern, with road frontage along a public road and a wide-open, usable layout. The ground rolls gently, and the elevation is 372 feet. The parcel outline is based on a recent survey, so the acreage and boundaries are well defined.

Utilities are a real advantage here. Public water provided by the Malvern City Water Department is already connected to the property, and power lines run in the road that fronts the land. There is no city sewer nearby (the closest is about 2.5 miles away in Rockport), so a septic system would be needed for a new home. No septic or well records were found on this parcel, and no perc test has been done, so plan to have soil testing completed before you design a build.

There is no zoning and no county planning and zoning office in this part of Hot Spring County, and the property is not inside any town or city limits. It is not in an HOA, it is not enrolled in land use, and there are no deed restrictions on record. That means more freedom for a homesite, a small homestead, a mobile or manufactured home where permitted, or a country retreat. Yearly property taxes are about $127.

The tract is also subdividable. The county has no minimum lot size, so you would only need a survey of the new lots and have them recorded, after which new parcel numbers are assigned. That makes this an interesting option for a buyer who wants to keep part of the acreage and sell or give the rest to family.

Please note a few things before you buy. A transmission line crosses the property, so view the map and visit the land to see where it falls. Public records and our review show structures on the property; we have not inspected them, so treat any building as being in unknown condition and expect that the value is in the land. The property was divided out of a larger parcel, so a separate parcel number is still to be assigned for these 7.20 acres. Mineral and timber rights are not specified in the paperwork.

Children in this area attend Malvern Elementary, Malvern Middle and Malvern High School. This property is offered for cash purchase only, and seller financing is not available. Contact us today to ask questions or schedule a visit to Cooper Road.

Price:
$49,900
Address:
TBD Cooper Rd
Malvern, Arkansas 72104
Terms:
For Sale
Property Type:
Land

Call 541-375-0012 for more details

Property Location