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#24041468, Randall Nichols, Listing office: Nichols Realty Express
$440,000 List price
292 Water Falls Ln Russellville, AR 72802
4 beds
2 full
2,300 sqft
9.6 acres
$191 / sqft
House
Property details
About 292 Water Falls Ln
Tucked away on nearly 10 private acres, this modern farmhouse offers a rare blend of open space, thoughtful design, and everyday function. From the moment you arrive, you’ll feel the peace that only land can provide—room to breathe, grow, and live fully. A detached 3-car shop stands ready for your projects, equipment, or hobbies. Spacious, versatile, and well-equipped, it’s more than just a place to park — it’s a place to build. The home offers over 2,300 square feet with three bedrooms, two and a half baths, and a flexible bonus room that can easily serve as a fourth bedroom or office. The open-concept floor plan is anchored by a striking floor-to-ceiling rock fireplace and trimmed with curated finishes throughout. Step outside to a large, extended back deck overlooking your private corner of Arkansas countryside. Complete with a built-in safe room, whole-house generator, and modern farmhouse charm, this property is more than a home. It’s a lifestyle rooted in freedom, space, and intention.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ductless
Size2,300 sqft
Lot size9.63 Acres
Year built2023
ParkingAttached, Garage, Garage Door Opener, RV Access/Parking
MLS #1314659
Attached garageYes
WaterfrontPond
FireplaceFamily Room, Gas Log
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Basement: No
- Flooring Type: Wood
- Interior: Concrete Counters, Pantry
- Fireplace: Family Room, Gas Log
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Attached, Garage, Garage Door Opener, RV Access/Parking
- Waterfront: Pond
- Exterior: Gravel Driveway
- Heating: Central
- Cooling: Central Air, Ductless
- List Price: $440,000
- Price/SqFt: $191
- Annual Tax Amount: $2,031
- Tax Year: 2024
- Lot: Cleared
- Directions: Start on Weir Road (heading generally south or north, depending on your location). Turn onto Arkansas Highway 124 (Watermelon Road) — this connects Weir Road toward the Waterfall Lane area. Continue west on AR-124 (approximately 2.5 miles). Turn right onto Skyline Drive — you'll begin ascending through the neighborhood with Waterfall Lane on your left. Shortly after, turn left onto Waterfall Lane. Proceed to #292, which should be on your right — it’s a residential address nestled in the hillside community.
- Year Built: 2023
- Stories: 2
- Living Area: 2,300 SqFt
- Lot Size: 9.63 Acres
- MLS Number: 1314659
- MLS Name: ARKMLS
- Office Name: Moore and Company REALTORS
- Office Phone: (479) 968-3300
- Office Email: tmoore@tmoorerealtors.com
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 7/24/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 01, 2017 | Home Sold | $284,900 |
| Nov 28, 2007 | Home Sold | $44,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $50,260 | $2,031 |
| 2023 | $50,260 | $1,947 |
| 2022 | $50,260 | $1,862 |
| 2021 | $50,260 | $1,778 |
| 2020 | $35,360 | $1,693 |
| 2019 | $35,360 | $1,693 |
| 2018 | $35,360 | $1,346 |
| 2017 | $35,380 | $1,346 |
History based on county public records data.
Nearby schools
4
Atkins Elementary School
Public District PK-4
3.3 mi
•611 NW 4th St
9
Pottsville Elementary School
Public District PK-3
6.4 mi
•87 S B St
9
Center Valley Elementary School
Public District PK-4
8.0 mi
•5401 Sr 124
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 $53,963. Most Russellville, AR residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
28%
<35k
51%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 292 Water Falls Ln
The listing price of 292 Water Falls Ln property is $440,000.
The property 292 Water Falls Ln is a house located in Russellville, Arkansas, 72802.
Active Listing: 292 Water Falls Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 292 Water Falls Ln are: Atkins Elementary School (GreatSchools Rating 4/10), Pottsville Elementary School (GreatSchools Rating 9/10), Center Valley Elementary School (GreatSchools Rating 9/10), Atkins Middle School (GreatSchools Rating 7/10), Pottsville Junior High School (GreatSchools Rating 5/10), Pottsville Middle Grade (GreatSchools Rating 7/10), Atkins High School (GreatSchools Rating 4/10), Pottsville High School (GreatSchools Rating 8/10), Russellville High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,031 (source: MLS/based on county public records data).
The last sale was on September 1, 2017 for $284,900 (source: MLS/tax record).
The property at 292 Water Falls Ln has 4 bedrooms and 2 bathrooms.
The property 292 Water Falls Ln is 2,300 SqFt (source: MLS/tax record).
The year of construction for 292 Water Falls Ln is 2023.
This home is located at 292 Water Falls Ln in Russellville, AR and zip code 72802. This 2,300 square foot home, which was built in 2023, sits on a 9.63 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $440,000.
While more than 6 listings in Russellville, AR in June 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 32 were sold below. The number of listings in Russellville, AR increased by 4.5% between May and June 2025. The median list price of listings available in June 2025 was $223,500, while the average time on the real estate market was 100 days.
From Rocket Homes Real Estate and based on county public records data.