Hidden Gem, Garage, Fireplace, Acreage
2348 Sqft Brick on an Acre in Pine Bluff, Half the Zip's Going Rate — $82,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 2348 sqft brick, 1.06 acres, fireplace, 2 living areas, 2-car garage, storage building |
| Condition | 25% | 5 | HUD-owned, no system dates, no renovation history — condition unknown, scored conservatively |
| Price / Sq Ft | 15% | 10 | $35/sqft listing vs $70/sqft zip median — 50% below; 8 comps thin but directionally strong |
| Price vs. Market | 5% | 8 | $82K vs $114,950 zip median — approximately 29% below median |
| Market Conditions | 5% | 7 | DOM 67 days, sale-to-list 92.9%, 32% price drops — clear buyer's market signals |
Thirty-five dollars a square foot. That number is the thing to hold onto here. The zip median runs around $70 per square foot, and this house is sitting at half that, on just over an acre of land, in a solid brick structure with a two-car garage and a separate storage building out back. For $82,000, you are getting 2,348 square feet. That is a lot of house for that price anywhere in Arkansas, and it is a genuinely unusual number for this zip code.
The layout gives you two living areas and a fireplace, which means there is room for a family to spread out and still have a space that feels like a home rather than a waiting room. There is a kitchen and dining combo plus a separate dining room, so the floor plan has some flexibility built in. The backyard is partially fenced with a patio, and the storage building is a useful extra that a lot of houses at this price point skip entirely.
The honest part: this is a HUD-owned property, which means it has been through foreclosure, and no one is going to hand you system dates or a renovation history. The condition score here is conservative for a reason. The roof, the HVAC, the water heater — you will need to find out where those stand before you commit. Budget for an inspection you take seriously, and budget for the possibility that something needs replacing soon. A house at $35 per square foot is priced where it is for a reason, and that reason is usually some version of this.
What the price makes possible is straightforward. Even if you spend $20,000 to $30,000 getting systems sorted and the place updated, you are still well under what comparable finished houses are selling for in this zip. A family that wants a brick house with room to breathe and an acre to use, and who can handle some unknowns at the front end, would come out of this in a strong position. The structure is there. The land is there. The price gives you room to work.
