#6828564, Jeremy Brown, Colleen Rekuc, Listing office: My Home Group Real Estate

503 W Locust Rd Payson, AZ 85541
Property details
About 503 W Locust Rd
Beautiful Custom Home with Exceptional RV Garage & Shop! This beautifully maintained custom home offers easy, one-level living and a durable, maintenance-free exterior. Inside, a spacious great room creates an open, comfortable gathering space. The home features a generous primary suite along with a large second bedroom, providing flexibility and comfort for family or guests. A standout feature of this property is its exceptional RV garage and workshop—one of the finest in Payson. The 46' x 32' shop includes a 16' x 12' RV door, a standard garage door, and an additional storage area above. A separate shed behind the shop offers even more space for tools, equipment, or hobbies. Recent updates include a new roof in 2022 and a new furnace and A/C system in 2023. A fully automatic Generac generator adds an extra layer of security, keeping the home powered when needed. The attached garage offers conversion potential and could easily serve as a third bedroom or flex space. Pride of ownership is evident throughout this move-in-ready home.
Highlights
Summary
- Flooring Type: Carpet, Tile
- Interior: No Interior Steps, Pantry, 3/4 Bath Master Bdrm
- Fireplace: None
- Total Bedroom Count: 2
- Garage Space: 5 spaces
- Private Pool: No
- Parking: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Over Height Garage, Separate Strge Area, Detached, RV Garage
- Exterior: Storage, RV Hookup
- Architectural Style: Ranch
- Heating: Propane
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $690,500
- Price/SqFt: $365
- Annual Tax Amount: $2,442
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
- Directions: Highway 87 North, turn left onto Longhorn Road, go west to McLane Road and turn right, turn left onto Locust Road to property with sign.
- Year Built: 1994
- Stories: 1
- Living Area: 1,888 SqFt
- Lot Size: 0.42 Acres
- MLS Number: 6883178
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: ERA-Young Realty & Investment
- Office Phone: (928) 474-4554
- Listing Agent: Robert Huff
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 11:45:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$690,500
503 W Locust Rd
$8,200
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $37,347 | $2,442 |
2023 | $33,453 | $2,381 |
2022 | $18,600 | $2,325 |
2021 | $18,600 | $2,168 |
2020 | $18,600 | $2,040 |
2019 | $17,266 | $2,040 |
2018 | $18,037 | $1,902 |
History based on county public records data.
Nearby schools
4
Julia Randall Elementary School
Public District 3-5
1.6 mi
•902 W Main St
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 $47,095. The most common annual income of people living in Payson, AZ is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 503 W Locust Rd
The listing price of 503 W Locust Rd property is $690,500.
The property 503 W Locust Rd is a house located in Payson, Arizona, 85541.
Active Listing: 503 W Locust Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 503 W Locust Rd are: Julia Randall Elementary School (GreatSchools Rating 4/10), Rim Country Middle School (GreatSchools Rating 5/10), Payson High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,442 (source: MLS/based on county public records data).
The property at 503 W Locust Rd has 2 bedrooms and 3 bathrooms.
The property 503 W Locust Rd is 1,888 SqFt (source: MLS/tax record).
The year of construction for 503 W Locust Rd is 1994.
This home is located at 503 W Locust Rd in Payson, AZ and zip code 85541. This 1,888 square foot home, which was built in 1994, sits on a 0.42 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $690,500.
Over 2 listings were sold over their listed price in May 2025 in Payson, AZ. In the same period over 20 listings were sold below the listed price and 6 listings were sold for the listed price. Between April and May 2025, Payson, AZ real estate market has seen increase in the number of listings by 10.2%. In May 2025 median list price was $491,666 and the average listing age was 84 days.