$499,000

245 Memory Ln Cabot, AR 72023

$5,926
Closing credit¹
4 beds
2 full, 1 partial
2,900 sqft
5.0 acres
$172 / sqft
House

Property details

About 245 Memory Ln

Welcome to this exquisite 2-story home, showcasing 2,900 square feet of beautifully maintained living space nestled on a 5-acre lot. This property epitomizes comfort and elegance with its tall ceilings and an abundance of natural light streaming through expansive windows. The home boasts four bedrooms and two and a half bathrooms, ideal for family living and entertaining guests. The thoughtful layout includes a large bonus storage room located above the garage, offering versatile use for your storage needs or as a creative space. Every inch of this home has been meticulously maintained, ensuring a ready-to-move-in experience that will allow you to immediately enjoy the serene surroundings. This property is a true sanctuary, combining the best of indoor and outdoor living, promising a lifestyle of tranquility and convenience. Agents, see remarks.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Geothermal
StatusActive
CoolingCentral Air
Size2,900 sqft
Lot size5 Acres
Year built1995
ParkingParking Pads, Three Car, Four Car or More
MLS #25007834
FireplaceWoodburning-Site-Built
ViewTrees/Woods
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Stove, Electric Range, Dishwasher, Disposal, Trash Compactor
  • Flooring Type: Carpet, Wood, Tile
  • Fireplace: Woodburning-Site-Built
  • Total Bedroom Count: 4
  • Private Pool: Yes
  • Parking: Parking Pads, Three Car, Four Car or More
  • View: Trees/Woods
  • Exterior: Patio, Deck, Porch, Above Ground Pool
  • Architectural Style: Traditional
  • Heating: Central, Electric, Geothermal
  • Cooling: Central Air
  • List Price: $499,000
  • Price/SqFt: $172
  • HOA Amount: $0
  • Annual Tax Amount: $2,687
  • Tax Year: 2024
  • Lot: Sloped, Wooded, Cleared, Sloped Down
  • Directions: From 67/167, take highway 5 approximately 6 miles, turn right on Memory Lane, home is on right
  • Year Built: 1995
  • Stories: 2
  • Living Area: 2,900 SqFt
  • Lot Size: 5 Acres
  • MLS Number: 25007834
  • Office Name: Venture Realty Group - Cabot
  • Office Phone: (501) 259-8437
  • Office Email: josh.cole@cabotlife.com
  • Listing Agent: Debbie Tarrants

IDXThe 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, 4:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

245 Memory Ln, Cabot, AR 72023 - new england style home featuring a shingled roof and a patio area

$499,000

245 Memory Ln

$5,926

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$67,080$2,687
2023$67,080$2,934
2022$67,080$2,934
2021$67,080$2,801
2020$57,940$2,329
2019$57,940$2,354
2018$57,940$2,354
2017$57,940$2,354

History based on county public records data.

Nearby schools

6

Magness Creek Elementary School

Public District PK-4

0.5 mi

16150 Highway 5

9

Mountain Springs Elementary School

Public District PK-4

1.3 mi

3620 Mountain Springs Rd

6

Northside Elementary School

Public District PK-6

4.0 mi

814 W Locust St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,211. Residents of Cabot, AR typically earn between $35k-100k each year. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
49%
35k-100k
29%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

20%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Cabot, AR

Transportation in Cabot includes a combination of private and public transit options. The city's layout and infrastructure support a moderate level of walkability, particularly in the more densely populated areas. For those relying on public transportation, local services connect Cabot to surrounding areas, though the frequency and coverage may vary. The city's road network facilitates easy access to major highways, making commuting and travel convenient for residents. While ride-sharing services are present, they complement the existing transportation options without dominating the mobility landscape.

The community of Cabot is served by a network of public schools, including several elementary schools, middle schools, and a high school, as well as a few private educational institutions. Healthcare services are accessible to residents, with clinics and a local hospital that provide a range of medical services. The city also features a public library, contributing to the educational resources available to the community. Retail and dining options in Cabot reflect the local culture, with a mix of independent shops and restaurants that cater to the tastes and needs of the residents.

Cabot is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its family-friendly environment, with numerous parks and recreational areas that contribute to its inviting character. Annual events and local festivals, such as the Cabot Strawberry Festival, play a significant role in bringing the community together and showcasing the local culture and heritage.

Cabot's housing market is characterized by a predominance of single-family homes, which make up a significant portion of the residential landscape. These homes exhibit a range of architectural styles, from classic ranch designs to contemporary constructions. The market also includes a selection of apartments and townhouses, accommodating various housing preferences. The majority of the homes were built in the late 20th century, reflecting a period of growth for the city. The homeownership rate in Cabot is high, with a substantial majority of residents owning their homes, while the remainder are renters.

About 245 Memory Ln

The listing price of 245 Memory Ln property is $499,000.

The property 245 Memory Ln is a house located in Cabot, Arkansas, 72023.

Active Listing: 245 Memory Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 245 Memory Ln are: Magness Creek Elementary School (GreatSchools Rating 6/10), Mountain Springs Elementary School (GreatSchools Rating 9/10), Northside Elementary School (GreatSchools Rating 6/10), Cabot Middle School North (GreatSchools Rating 5/10), Cabot Junior High North (GreatSchools Rating 7/10), Cabot Middle School South (GreatSchools Rating 6/10), Cabot Freshman Academy (GreatSchools Rating 7/10), Cabot High School (GreatSchools Rating 7/10), Academic Center for Excellence (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,687 (source: MLS/based on county public records data).

The property at 245 Memory Ln has 4 bedrooms and 2 full and 1 half bathrooms.

The property 245 Memory Ln is 2,900 SqFt (source: MLS/tax record).

The year of construction for 245 Memory Ln is 1995.

This home is located at 245 Memory Ln in Cabot, AR and zip code 72023. This 2,900 square foot home, which was built in 1995, sits on a 5.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $499,000.

While more than 10 listings in Cabot, AR in April 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 24 were sold below. The number of listings in Cabot, AR increased by 14.1% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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