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1423 Spring Water Way

Cave Springs, AR 72718

3 bd 2 ba 1,824 sqft Built 2023 Lot 8,625 sqft single_family
Most recent sale
$437,900
Dec 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2024 Listing removed RentlinxUnits
Jan 22, 2024 Price changed (rent) $2,350 RentlinxUnits
Jan 16, 2024 Price changed (rent) $2,400 RentlinxUnits
Jan 4, 2024 Listing removed Zumper
Dec 28, 2023 Listed for rent $2,550 Zumper
Dec 19, 2023 Listed for rent $2,550 RentlinxUnits
Dec 8, 2023 Sold $437,900 NorthWestAR
Sep 30, 2023 Price changed $437,900 NorthWestAR
Sep 12, 2023 Listed $429,285 NorthWestAR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $74,101 $10,000 $84,101 $4,967
2024 $74,101 $10,000 $84,101 $4,942
2023 $10,000 $10,000 $603

Property facts

Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,824 sqft
Lot size
8,625 sqft
ZIP code
72718
City
Cave Springs
Street
Spring Water Way
Coordinates
36.27661, -94.20513

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,736
Gross rental yield
7.50%
Implied cap rate
4.87%
Trend-extrapolated value

Frequently asked questions

When did 1423 Spring Water Way last sell?
1423 Spring Water Way most recently sold on Dec 8, 2023 for $437,900.
What is the current tax assessment for 1423 Spring Water Way?
The most recent total assessment for 1423 Spring Water Way (year 2025) is $84,101 with $4,967 in property tax.
How does 1423 Spring Water Way's assessment compare to its last sale price?
The current assessment is 80.8% below the last sale price of $437,900.
When was 1423 Spring Water Way built?
1423 Spring Water Way was built in 2023.
How does 1423 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 1423 Spring Water Way?
1423 Spring Water Way is a 3 bed, 2 bath, 1,824 sqft, 8,625 sqft lot single_family.
Is 1423 Spring Water Way a flip candidate?
No — 1423 Spring Water Way does not appear in our flips dataset.
Is 1423 Spring Water Way a tax-appeal candidate?
No — 1423 Spring Water Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q2
$550.8K
2026 Q3
$550.3K
ZIP 72718 — Median Price History + Forecast

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