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397 Rice Ln

Royal, AR 71968

5 bd 3 ba 3,645 sqft Built 2007 Lot 440,392 sqft single_family
Most recent sale
$490,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2021 Sold $490,000 MLS #21026781
Oct 5, 2021 Relisted $535,000 MLS #21026781
Oct 1, 2021 Listed $535,000 MLS #135953
Aug 18, 2021 Listed $545,000 MLS #135444
May 30, 2018 Listing removed $399,000 Carmls
May 16, 2018 Sold $372,000 Public Record
Feb 19, 2018 Listed $399,000 MLS #120850
Feb 18, 2018 Listed $399,000 MLS #18005067
Jun 12, 2013 Sold $270,000 Public Record
Jan 3, 2013 Listing removed $306,900 HotSprings
Dec 6, 2012 Price changed $306,900 MLS #100557
Oct 10, 2012 Listed $326,900 MLS #100557
Mar 2, 2009 Listing removed $539,900 HotSprings
Aug 29, 2008 Listed $539,900 MLS #83510

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,070 $5,280 $103,350 $4,618
2024 $98,070 $5,280 $103,350 $4,660
2023 $98,070 $5,280 $103,350 $4,598
2022 $98,070 $5,280 $103,350 $4,598
2021 $70,130 $3,340 $73,470 $3,319
2020 $70,130 $3,340 $73,470 $2,945
2018 $70,130 $3,340 $73,470 $2,900
2017 $70,130 $3,340 $73,470 $2,900
2016 $72,340 $3,890 $76,230 $3,372
2015 $72,340 $3,890 $76,230 $3,372
2014 $72,340 $3,890 $76,230 $3,372
2013 $75,150 $3,890 $79,040 $3,372
2012 $75,150 $3,890 $79,040 $3,187
2011 $92,860 $3,400 $96,260 $3,531
2010 $92,860 $3,400 $96,260 $3,531
2009 $97,800 $6,065 $103,865 $3,531
2008 $1,167 $1,167 $3,637
2007 $1,167 $1,167 $43
2006 $1,077 $1,077 $40

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,645 sqft
Lot size
440,392 sqft
ZIP code
71968
City
Royal
Street
Rice Ln
Coordinates
34.50628, -93.23774

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,468
Gross rental yield
13.39%
Implied cap rate
8.70%
Trend-extrapolated value

Frequently asked questions

When did 397 Rice Ln last sell?
397 Rice Ln most recently sold on Nov 12, 2021 for $490,000.
What is the current tax assessment for 397 Rice Ln?
The most recent total assessment for 397 Rice Ln (year 2025) is $103,350 with $4,618 in property tax.
How does 397 Rice Ln's assessment compare to its last sale price?
The current assessment is 78.9% below the last sale price of $490,000.
When was 397 Rice Ln built?
397 Rice Ln was built in 2007.
How does 397 Rice Ln compare to others on Rice Ln?
We track 6 other properties on Rice Ln. Browse the list under "Other properties on Rice Ln" to compare beds, baths, and sale history.
What are the property facts for 397 Rice Ln?
397 Rice Ln is a 5 bed, 3 bath, 3,645 sqft, 440,392 sqft lot single_family.
Is 397 Rice Ln a flip candidate?
No — 397 Rice Ln does not appear in our flips dataset.
Is 397 Rice Ln a tax-appeal candidate?
No — 397 Rice Ln 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
+7.5%
Implied 1-yr
+30.0%
2026 Q2
$600K
2026 Q3
$629.6K
ZIP 71968 — Median Price History + Forecast

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