Motivated Sellers!!! New Price! GREAT OPTION FOR AN INVESTMENT PROPERTY WHERE YOU CAN MAKE A NICE INCOME. THIS PROPERTY WOULD MAKE A PERFECT AIRBNB AND THEREâ??S ALSO ROOM TO CREATE AN RV PARK. This property qualifies for USDA 100% financing with rates as low as 4.5% and the owner has an FHA assumable loan at 6.1% interest with a rate auto adjustment attached to the loan. This home includes 2.25 acres including a lakefront strip on Lake Chicot! It also includes a pecan orchard with 17 trees. This 3-bedroom, 3-bathroom home boasts an array of upgrades: fresh sheetrock and paint, and new vinyl pop-lock flooring. A brand-new roof and HVAC system have been installed to provide energy, efficiency, and year-round comfort. The electrical system has been upgraded, including a new electrical box, wiring, and outlets. There is a 6-foot chain link fence, complete with a dedicated dog run. There is a new concrete extension to the front porch and a spacious concrete patio in the back. The upgraded kitchen features brand-new appliances and countertops But one of the best aspects of this property is its 125-foot lakefront access to Lake Chicot, offering opportunities for boating, fishing, and family entertainment. Including a 20 X 30 shop divided into two rooms with one having a roll up door, a new second septic tank, new siding, exterior paint and a myriad of other upgrades too numerous to list, this home has much to offer. Schedule your private tour today.
Lake Village is located in Arkansas. Lake Village, Arkansas has a population of 2,247. Lake Village is more family-centric than the surrounding county with 31.36% of the households containing married families with children. The county average for households married with children is 23.97%.
The median household income in Lake Village, Arkansas is $40,056. The median household income for the surrounding county is $33,770 compared to the national median of $69,021. The median age of people living in Lake Village is 38.6 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 54.7 inches per year, with 0.4 inches of snow per year.
