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51 Reservoir Heights Dr

Little Rock, AR 72227

2 bd 3 ba 1,271 sqft Built 1981 townhomes
Most recent sale
$161,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $161,000 Public Record
Jun 30, 2022 Sold $161,000 Carmls
Mar 22, 2022 Listed $156,000 MLS #22008995
Mar 8, 2022 Sold $151,500 Public Record
Mar 2, 2022 Sold $151,500 Carmls
Dec 17, 2021 Listed $154,900 MLS #21040158
Dec 20, 2018 Sold $134,000 Public Record
Sep 21, 2018 Price changed $144,900 MLS #18022907
Aug 16, 2018 Price changed $151,900 MLS #18022907
Jul 18, 2018 Listed $154,900 MLS #18022907
May 2, 2006 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,106 $25,106 $1,757
2024 $25,106 $25,106 $1,757
2023 $25,106 $25,106 $1,757
2022 $25,106 $25,106 $1,311
2021 $17,850 $17,850 $1,258
2020 $17,850 $17,850 $1,250
2018 $17,850 $17,850 $1,250
2017 $17,850 $17,850 $1,250
2016 $22,350 $22,350 $1,250
2015 $22,350 $22,350 $1,487
2014 $22,350 $22,350 $1,383
2013 $22,350 $22,350 $1,276
2012 $22,350 $22,350 $1,276
2011 $15,162 $15,162 $1,069
2010 $15,162 $15,162 $1,068
2007 $19,640 $19,640 $1,384
2006 $19,640 $19,640 $1,122

Property facts

Year built
1981
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,271 sqft
Lot size
ZIP code
72227
City
Little Rock
Street
Reservoir Heights Dr
Coordinates
34.76163, -92.37563

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
$1,907
Gross rental yield
14.21%
Implied cap rate
9.24%
Trend-extrapolated value

Frequently asked questions

When did 51 Reservoir Heights Dr last sell?
51 Reservoir Heights Dr most recently sold on Jul 7, 2022 for $161,000.
What is the current tax assessment for 51 Reservoir Heights Dr?
The most recent total assessment for 51 Reservoir Heights Dr (year 2025) is $25,106 with $1,757 in property tax.
How does 51 Reservoir Heights Dr's assessment compare to its last sale price?
The current assessment is 84.4% below the last sale price of $161,000.
When was 51 Reservoir Heights Dr built?
51 Reservoir Heights Dr was built in 1981.
How does 51 Reservoir Heights Dr compare to others on Reservoir Heights Dr?
We track 8 other properties on Reservoir Heights Dr. Browse the list under "Other properties on Reservoir Heights Dr" to compare beds, baths, and sale history.
What are the property facts for 51 Reservoir Heights Dr?
51 Reservoir Heights Dr is a 2 bed, 3 bath, 1,271 sqft townhomes.
Is 51 Reservoir Heights Dr a flip candidate?
No — 51 Reservoir Heights Dr does not appear in our flips dataset.
Is 51 Reservoir Heights Dr a tax-appeal candidate?
No — 51 Reservoir Heights Dr 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
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$365.7K
2026 Q4
$376.9K
ZIP 72227 — Median Price History + Forecast

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