Listing LD7265
Owner financing

1.97 Acres with Owner Financing and $1,695 Down in Franklin County…

Cash price$33,900$1,695 down / $497/mo
Franklin, AR1.97 acresAPN 001-00710-000
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Property Description

Looking for a buildable homesite in the Arkansas River Valley with the hard parts already lined up? This 1.97-Acre lot at 9708 Wandering Way, just outside Altus in Franklin County, Arkansas, has about 440 feet of frontage on a public county road, public water from the City of Altus, power lines along the road, and a septic permit on file. That means fewer surprises and a shorter path from buying the land to building on it. Property Highlights: - 1.97 acres per the 2023 boundary survey, about 440 ft x 195 ft - About 440 feet of frontage on Wandering Way, a public county road, measured on Land ID and matching the survey - Public water available from the City of Altus - Power lines run along the road, served by Ozark Electric Cooperative - Septic permit on file, with a perc test completed. No septic system has been installed yet - No zoning in unincorporated Franklin County, which gives you a lot of freedom in how you use and build on the land - No HOA and no POA fees - Not in a Fema flood zone - Gentle, buildable ground at an elevation of about 400 feet - Can be divided, with no minimum lot size in the county - Parcel number 001-00710-000 The Land: The lot is a clean rectangle that runs along the north side of Wandering Way. Most of it is wooded, with a more open area toward the east end. The trees give you privacy from the road and shade for a home, cabin, or shop, and you can clear as much or as little as you want. There are homes on both sides, so this is an established rural street, not an empty stretch of backcountry. The ground is not steep, which keeps site prep simple. Acreage Note: Some county and online parcel records list this property at 2.58 acres. The 2023 boundary survey and the recorded legal description show 1.97 acres, and 1.97 acres is what you will be buying. Please use 1.97 acres when you compare this property to others. Utilities and Building: Public water from the City of Altus is available to the property. Electric service from Ozark Electric Cooperative runs along the road, and homes nearby are already connected. There is no public sewer here, but a septic permit has been issued. A copy of the permit is available on request, so you can hand it to your installer and get started. Because there is no county zoning, you are not limited by zoning rules on lot use. The usual state health and building requirements still apply, so please check them with the proper offices before you build. Location: The property is about 4 miles from Altus, a small town known for the wineries and vineyards of Arkansas wine country, and a short drive to Interstate 40. From there you can reach Ozark, Clarksville, and Fort Smith. Students in this area go to Ozark School District schools, including Ozark Upper Elementary, Ozark Middle School, and Ozark High School. The Ozark National Forest, the Arkansas River, and Mulberry River country are all within driving distance for hunting, fishing, floating, and hiking. Ideal For: - Building a full-time home in a quiet, rural setting - A weekend cabin or retirement place in the River Valley - A homesite for family close to Fort Smith and I-40 - A long-term land hold in a growing area Pricing and Owner Financing: Cash price: $33,900.00 Owner financed price: $33,900.00 Owner financing terms: $1,695.00 down and $462.05/Month for 120 months. Applicable fees may apply including but not limited to a $35/Month loan servicing fee and 12% interest for owner financing. Buyer is responsible for annual property tax. Monthly payment subject to change based on down payment. Monthly payment shown is an estimate only. A $1,000 earnest money deposit is required to enter into a purchase agreement on this property, due at signing through our title company/attorney. $500 is a non-refundable transaction fee and the remaining $500 would be applied to the purchase price at time of closing. Remaining balance due in full at closing. Property Details: Address: 9708 Wandering Way, Altus, AR 72821 County: Franklin Acres: 1.97 (raw land) Coordinates: 35.4283, -93.7188 Parcel number: 001-00710-000 Yearly estimated taxes: $93.41 Elevation: 400 ft Zoning: No zoning (unincorporated Franklin County) Feel free to visit the property any time, no need to set up an appointment. Disclaimers: This property is being sold "as is". We do our best to collect accurate information, but we cannot guarantee that any of the information in this ad is correct, we recommend each buyer do their own research. Please talk to a surveyor if you wish to verify the size of the property. Under no circumstances do we ever do refunds on any property. Property ID: AR-Franklin-2.58-CM-2026
1.97
Acres
85,813
Square feet
Property Address
9708 Wandering Way
Parcel number (APN)
001-00710-000
GPS Coordinates (Center)
35.4283, -93.7188
County
Franklin
State
AR
City
Altus
ZIP Code
72821
Property Location

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GPS Coordinates

35.428300, -93.718800

Owner Financing Options

Owner financing terms are set by the seller. Ask about qualification.

Months
120 Months120 Months

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$
$1,695 (min)$33,900

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This is the minimum down payment for this property

Your Monthly Payment

$497/mo

$35 Service Fee included

Owner-financed price

$33,900

Interest Rate

12.00%

Term Length

120 months

Total of Payments$55,446
Total Cost$57,141

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Important Disclaimer:

Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.

$33,900

Owner financing: $1,695 down / $497/mo

Cash price

$33,900

$497/mo