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7938 Madison 6041

Elkins, AR 72727

3 bd 2 ba 1,400 sqft Built 2023 Lot 43,560 sqft single_family
Most recent sale
$310,000
Mar 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $310,000 NorthWestAR
Jan 29, 2024 Price changed $300,000 NorthWestAR
Dec 22, 2023 Listed $310,000 NorthWestAR
Aug 2, 2021 Sold $154,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $550 $550 $25
2024 $550 $550 $25
2023 $8,020 $2,850 $10,870 $489
2022 $8,020 $2,850 $10,870 $489
2021 $8,190 $2,070 $10,260 $489
2020 $8,190 $2,070 $10,260 $462
2018 $8,190 $2,070 $10,260 $422
2017 $8,190 $2,070 $10,260 $422
2016 $8,190 $2,070 $10,260 $422
2015 $8,190 $2,070 $10,260 $23
2014 $8,860 $2,560 $11,420 $23
2013 $8,860 $2,560 $11,420 $23
2012 $8,860 $2,560 $11,420 $23
2011 $8,860 $2,560 $11,420 $22
2010 $8,860 $2,560 $11,420 $20
2009 $9,600 $2,500 $12,100 $20
2008 $4,241 $1,600 $5,841 $19
2007 $4,508 $1,570 $6,078 $17

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
43,560 sqft
ZIP code
72727
City
Elkins
Street
Madison 6041
Coordinates
36.01371, -93.93528

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
8.13%
Implied cap rate
5.28%
Trend-extrapolated value

Frequently asked questions

When did 7938 Madison 6041 last sell?
7938 Madison 6041 most recently sold on Mar 29, 2024 for $310,000.
What is the current tax assessment for 7938 Madison 6041?
The most recent total assessment for 7938 Madison 6041 (year 2025) is $550 with $25 in property tax.
How does 7938 Madison 6041's assessment compare to its last sale price?
The current assessment is 99.8% below the last sale price of $310,000.
When was 7938 Madison 6041 built?
7938 Madison 6041 was built in 2023.
How does 7938 Madison 6041 compare to others on Madison 6041?
We track 8 other properties on Madison 6041. Browse the list under "Other properties on Madison 6041" to compare beds, baths, and sale history.
What are the property facts for 7938 Madison 6041?
7938 Madison 6041 is a 3 bed, 2 bath, 1,400 sqft, 43,560 sqft lot single_family.
Is 7938 Madison 6041 a flip candidate?
No — 7938 Madison 6041 does not appear in our flips dataset.
Is 7938 Madison 6041 a tax-appeal candidate?
No — 7938 Madison 6041 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
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$299.9K
2026 Q4
$303.7K
ZIP 72727 — Median Price History + Forecast

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