$690,500

503 W Locust Rd Payson, AZ 85541

$8,200
Closing credit¹
2 beds
3 baths
1,888 sqft
0.4 acres
$366 / sqft
House

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

Home typeSingle Family Residence
HeatingPropane
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,888 sqft
Lot size0.42 Acres
Year built1994
ParkingRV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Over Height Garage, Separate Strge Area, Detached, RV Garage
MLS #6883178
Garage5 spaces

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

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. 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: 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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503 W Locust Rd, Payson, AZ 85541 - view of front of property with stucco siding and a garage

$690,500

503 W Locust Rd

$8,200

closing credit¹

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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$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.

All data from GreatSchools

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.

How much money do the neighbors make?

33%
<35k
54%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
5%
Single, with Kids
51%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
8%
18-34 yrs old
38%
35-64 yrs old
41%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult StandardsAdult Standards
  • OldiesOldies
All data provided by Home Junction and Claritas

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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.

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

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