Acreage, Garage, Historic, Finished Basement
1950 Junction City House: 2,342 Sqft, Two Garages, Under an Acre — $74,950
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 2,342 sqft, 0.83 acres, 2-car garage, extra storage, hardwood floors, tall ceilings |
| Condition | 25% | 6 | 1950 build, original hardwoods intact; no system dates named; small basement noted |
| Price / Sq Ft | 15% | 9 | $32/sqft vs $76 zip median — 58% below; thin 4-comp data but directionally strong |
| Price vs. Market | 5% | 3 | Zip median $559K is land-skewed (1 sale); comparison not meaningful for this home |
| Market Conditions | 5% | 6 | 33% price drops and 61-day DOM suggest buyer leverage; sale-to-list near neutral |
Thirty-two dollars a square foot. That number is the reason to look at this house. At $74,950 for 2,342 square feet, you are buying space at a rate that is almost hard to process. Three bedrooms, two baths, original hardwood floors in some rooms, tall ceilings. Nearly an acre of land. An attached two-car garage and a separate storage garage on top of that.
The house sits on two lots totaling 0.83 acres in Junction City, Arkansas. That is a meaningful amount of ground. Room for a garden, a shop, a trailer, whatever you actually need land for. The extra storage garage alone would cost you money to build from scratch, and here it comes with the house.
Inside, the tall ceilings and original hardwoods are the things worth holding onto. Floors like that take abuse across decades and still look good when someone finally pays attention to them. Whether these are in good shape or need refinishing, the listing does not say. The ceilings make the rooms feel bigger than the square footage already suggests they are.
The condition side is where you have to go in with clear eyes. This is a 1950 build, and the listing names no updated systems, no recent work, nothing about the roof, the HVAC, the electrical, or the plumbing. There is a small basement, described only as storage space. What any of this costs to address is unknown until you walk it and have someone look at it. Budget accordingly.
The market in this zip code has seen about a third of listings take price cuts, and homes are sitting around 61 days before going under contract. You have room to ask questions and take your time.
For a family that needs square footage and storage and some land, and has the appetite for a house that may need work, $75,000 buys a lot of potential here. The price per square foot alone makes it worth a visit.
