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Contract contingent on buyer sale
  • Price cut: $25.5K (11/26)
    $665,000

    503 W Locust Rd, Payson, AZ 85541

    2beds
    1,888sqft
    : 
    Single Family Residence
    Built in 1994
    0.42 Acres Lot
    $625,700 Zestimate®
    $352/sqft
    $-- HOA

    What's special

    Single-level livingAttached garageStandard garage doorSpacious great roomLow-maintenance exterior
    Discover this well-maintained custom home offering effortless, single-level living with a low-maintenance exterior. Major updates have already been taken care of, including a new roof (2022) and a new furnace and A/C system (2023). A fully automatic Generac generator ensures you're never without power. Inside, a spacious great room provides a welcoming central living space, while both bedrooms serve as master suites—perfect for comfort and privacy. The attached garage offers flexibility and could easily be converted into a third bedroom if desired. What truly sets this property apart is its incredible workshop and RV garage—one of the best in Payson. The shop measures 46' x 32' and features a 16' x 12' RV door along with a standard garage door. There's also a separate shed and additional storage space behind the shop for all your tools, gear, or hobbies. Pride of ownership shines throughout this one-of-a-kind property.
    203 days
    |
    719
    |
    43
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 05, 2026 at 02:07pm

    Listed by:

    Rory R Huff 928-595-0136,

    ERA YOUNG REALTY-PAYSON

    Source: CAAR,MLS#: 92449MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Hobby Room, Work Room
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer
    • Laundry: Laundry Room
    Features
    • No Interior Steps, Eat-in Kitchen, Pantry, Master Main Floor, Wired for Sound
    • Flooring: Carpet, Tile, Concrete
    • Windows: Double Pane Windows, Skylight(s)
    • Has basement: No
    Interior area
    • Total structure area: 1,888
    • Total interior livable area: 1,888 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Garage Door Opener, Attached, Oversized, RV Garage, RV Gated
    • Attached garage spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered Patio
    • Exterior features: Storage, Drip System, RV Hookup
    • Fencing: Chain Link,N/A - Other,Partial
    • Has view: Yes
    • View description: Trees/Woods, Panoramic, Mountain(s)
    Lot
    • Size: 0.42 Acres
    • Dimensions: 138 x 159 x 148 x 105
    • Features: Corner Lot, Landscaped, Many Trees, Tall Pines on Lot
    Details
    • Additional structures: Workshop, Storage/Utility Shed
    • Parcel number: 30240040A
    • Zoning: R1-10MH
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Single Level,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1994

    Utilities & green energy

    • Water: In Payson City Limits

    Community & HOA

    Community
    • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
    • Subdivision: Unsubdivided
    Location
    • Region: Payson

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $421,575
    • Annual tax amount: $2,537
    • Date on market: 6/20/2025
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan,Submit
    • Road surface type: Asphalt
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $625,700

    $594,000 - $657,000

    $2,566/mo

    Price history

    Price history
    DateEventPrice
    1/5/2026Contingent$665,000$352/sqft
    Source: ARMLS #6883178 Report a problem
    11/26/2025Price change$665,000-3.7%$352/sqft
    Source: CAAR #92449 Report a problem
    6/20/2025Listed for sale$690,500+3038.6%$366/sqft
    Source: ARMLS #6883178 Report a problem
    11/19/1997Sold$22,000$12/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,538 +3.9%$42,158 +12.9%
    2024$2,442 +2.5%$37,347
    2023$2,382 +2.4%--

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,700/mo
    Principal & interest
    $3168
    Property taxes
    $299
    Home insurance
    $233

      Climate risks

      Neighborhood: 85541

      Nearby schools

      GreatSchools rating

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