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583 W 8th St

Booneville

Available

AR

175000

Asking Price

320000

ARV

30000

Est Repairs

3

Beds

2

Baths

2257

Sq Ft

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Property Walkthrough

About This Property

PROPERTY DETAILS
- Property type: SFR
- Bedrooms / bathrooms: 3 / 2
- Square feet: 2257
- Year built: 1960
- Lot size: 1.03
- Location: Booneville, AR
- Rehab level: Medium

INVESTMENT HIGHLIGHTS
- Single-family home in Booneville, AR offers a straightforward fix and flip opportunity
- 2257 square feet across 3 bedrooms and 2 bathrooms provides a livable layout for resale
- Medium rehab level suggests a defined scope of work for flip planning
- Estimated repair cost of $30,000 supports budgeting for renovation
- Comparable sale at 803 N Nixon Ave, Booneville, AR 72927, a 3/2 home sold 2026-08-12, offers a nearby reference point for resale positioning

REPAIRS
Rehab level: Medium
Estimated repair cost: $30,000

PROPERTY DESCRIPTION
This 3 bedroom, 2 bathroom single-family residence in Booneville, AR offers 2257 square feet of living space and was built in 1960. The property is being offered with a Medium rehab level, positioning it as a candidate for a fix and flip strategy.

A comparable sale at 803 N Nixon Ave, Booneville, AR 72927, a 3 bedroom, 2 bathroom home of 1462 square feet sold on 2026-08-12, is included in the listing's comps table for reference.

Comparable Sales

AddressSold PriceSold DateSq Ft$/Sq Ft
803 N Nixon Ave, Booneville, AR 72927$209,0008/12/20261,462$142.95

Deal Strategy

This Booneville, AR SFR at 175,000 dollars presents a straightforward fix and flip opportunity for a cash or hard-money buyer. With an estimated 30,000 dollars in repairs at a medium rehab level, the all-in basis comes to 205,000 dollars against an after-repair value of 320,000 dollars, leaving a spread of 115,000 dollars to cover financing costs, holding costs, and profit. The property's 2257 square feet and 3 bedroom, 2 bathroom layout offer a larger footprint than the selected comparable sale at 803 N Nixon Ave, which closed at 1462 square feet with the same 3/2 configuration, suggesting room to support the projected ARV once the rehab scope is completed.

A flip buyer will want these confirmed before finalizing a scope of work and timeline, since medium rehab level alone does not specify what systems or finishes require attention. No figures beyond the stated asking price, ARV, repair estimate, all-in basis, and spread should be used in underwriting this deal; any additional cost or return assumption, including percentage-based return metrics.

The core thesis for a fix and flip buyer here is the spread: a 115,000 dollar gap between all-in basis and ARV gives meaningful room to absorb unexpected costs during a medium-level rehab while still targeting a strong resale outcome in Booneville, AR. Buyers should confirm lot size and condition directly before committing to a purchase timeline.

Exit Strategy

  • Fix and Flip
  • Buy and Hold / Rental
  • BRRRR

Access & Showings

Ask price

175000

ARV

320000

Est. repairs

30000

Spread to ARV—
Ask as % of ARV—
Buy It NowRequest a Walkthrough
ARV and repair figures are estimates. Verify all numbers independently before contracting.

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Property Type

Single Family

Market

AR

Accepts

Cash, Hard Money

Dispo ID

a07i1000006NHerAAG

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