#25017720, Venus Cagle, Listing Office: Crye-Leike Realtors Financial Centre Branch

12407 Mandy Ln Alexander, AR 72002
Property details
About 12407 Mandy Ln
Investors, this will cash flow immediately. House hackers, live in the house and rent out the shop. You can almost completely cover your mortgage with the rental income from the huge shop. There is a current renter paying $800 per month to store supplies and equipment. You may be able to raise the rent too. The house by itself could rent for around $1200 a month. With the rent from the shop and the house together you are looking at $500 or $600 of monthly cashflow. Come check out the large deck around the above-ground swimming pool. There is so much deck to this house. The roof needs some work due to storm damage. Come see the property to see if you can handle the repairs. You'll see the damage to the ceiling in one of the photos. The seller has priced this to sell quickly. (The Zestimate and other Automated Valuation Models apparently don't take into account the shop.)
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Stove, Electric Range, Dishwasher
- Flooring Type: Wood
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Garage, Two Car, Detached
- Architectural Style: Traditional
- Cooling: Window Unit(s)
- List Price: $185,000
- Price/SqFt: $175
- HOA Amount: $0
- Annual Tax Amount: $701
- Tax Year: 2024
- Lot: Level, Cleared
- Directions: I-430 S and Vimy Ridge Rd to Mandy Ln.
- Year Built: 1979
- Stories: 1
- Living Area: 1,056 SqFt
- Lot Size: 0.53 Acres
- MLS Number: 25019411
- Office Name: Pinnacle Realty Advisors
- Office Phone: (501) 255-3504
- Office Email: arkansasbrokers@gmail.com
- Listing Agent: Nathan Cain
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 7:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$185,000
12407 Mandy Ln
$2,197
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 14, 2006 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $29,122 | $701 |
2023 | $29,122 | $640 |
2022 | $29,122 | $640 |
2021 | $13,000 | $609 |
2020 | $13,000 | $331 |
2019 | $13,000 | $356 |
2018 | $13,000 | $356 |
History based on county public records data.
Nearby schools
7
Davis Elementary School
Public District KG-5
1.2 mi
•12001 County Line Rd
3
Mabelvale Elementary School
Public District KG-5
3.6 mi
•9401 Mabelvale Cut Off Rd
7
Parkway Elementary School
Public District KG-5
4.0 mi
•5200 Bryant Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,671. The most common annual income of people living in Alexander, AR is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 12407 Mandy Ln
The listing price of 12407 Mandy Ln property is $185,000.
The property 12407 Mandy Ln is a house located in Alexander, Arkansas, 72002.
Active Listing: 12407 Mandy Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12407 Mandy Ln are: Davis Elementary School (GreatSchools Rating 7/10), Mabelvale Elementary School (GreatSchools Rating 3/10), Parkway Elementary School (GreatSchools Rating 7/10), Mabelvale Middle School (GreatSchools Rating 3/10), Bryant Middle School (GreatSchools Rating 6/10), Cloverdale Middle School (GreatSchools Rating 3/10), Little Rock Southwest High School (GreatSchools Rating 1/10), Bryant High School (GreatSchools Rating 6/10), Bryant Junior High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $701 (source: MLS/based on county public records data).
The last sale was on February 14, 2006 for $50,000 (source: MLS/tax record).
The property at 12407 Mandy Ln has 2 bedrooms and 1 bathroom.
The property 12407 Mandy Ln is 1,056 SqFt (source: MLS/tax record).
The year of construction for 12407 Mandy Ln is 1979.
This home is located at 12407 Mandy Ln in Alexander, AR and zip code 72002. This 1,056 square foot home, which was built in 1979, sits on a 0.53 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $185,000.
In April 2025 more than 4 listings in Alexander, AR were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 14 were sold below. Between March and April 2025, Alexander, AR real estate market has seen increase in the number of listings by 22%. While the average time on the market in April 2025 was 37 days, the median list price was $266,240.