1406 Spring Water Way
Cave Springs, AR 72718
3 bd 2 ba 1,875 sqft Built 2023 Lot 9,496 sqft single_family
Most recent sale
$51,450
Mar 28, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2024 | Sold | $51,450 | NorthWestAR |
| Sep 12, 2023 | Listed | $482,340 | NorthWestAR |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $75,609 | $10,000 | $85,609 | $4,456 |
| 2024 | $75,609 | $10,000 | $85,609 | $587 |
| 2023 | — | $10,000 | $10,000 | $603 |
Property facts
Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,875 sqft
Lot size
9,496 sqft
ZIP code
72718
City
Cave Springs
Street
Spring Water Way
Coordinates
36.27716, -94.20716
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$309
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1406 Spring Water Way last sell?
1406 Spring Water Way most recently sold on Mar 28, 2024 for $51,450.
What is the current tax assessment for 1406 Spring Water Way?
The most recent total assessment for 1406 Spring Water Way (year 2025) is $85,609 with $4,456 in property tax.
How does 1406 Spring Water Way's assessment compare to its last sale price?
The current assessment is 66.4% above the last sale price of $51,450.
When was 1406 Spring Water Way built?
1406 Spring Water Way was built in 2023.
How does 1406 Spring Water Way compare to others on Spring Water Way?
We track 8 other properties on Spring Water Way. Browse the list under "Other properties on Spring Water Way" to compare beds, baths, and sale history.
What are the property facts for 1406 Spring Water Way?
1406 Spring Water Way is a 3 bed, 2 bath, 1,875 sqft, 9,496 sqft lot single_family.
Is 1406 Spring Water Way a flip candidate?
No — 1406 Spring Water Way does not appear in our flips dataset.
Is 1406 Spring Water Way a tax-appeal candidate?
Yes — 1406 Spring Water Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q2
$550.8K
2026 Q3
$550.3K
ZIP 72718 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spring Water Way