For sale

$154,900

515 Rainer Rd, West Memphis, AR 72301

3beds

1,419sqft

$1,035/mo

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SingleFamily

Built in 1989

0.63 Acres Lot

$152,400 Zestimate^®

$109/sqft

$-- HOA

What's special

Cypress sidingAll lvp flooring throughoutCompletely remodeled inside

This is the most affordable home in West Memphis that offers 3 bedrooms and 2 full baths! Cypress siding make this home very rustic and the location gives you the feel of not being in the "City". Completely remodeled inside and ready for its new family. All LVP flooring throughout, living room and dining room are open and will have you ready for the holidays! Kitchen comes complete with a refrigerator. This is a must see so put it on your list of homes to see NOW.

26 days

320

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range/Oven, Disposal, Refrigerator, Gas Water Heater

Features

Ceiling Fan(s)
Windows: Blinds
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,419
Total interior livable area: 1,419 sqft

Property

Parking

Parking features: No Garage, Double Driveway, Paved Driveway
Has uncovered spaces: Yes

Features

Levels: One
Patio & porch: Porch Covered
Exterior features: Storage, No Landscaping

Lot

Size: 0.63 Acres
Dimensions: 92 x 300 x 92 x 300

Details

Parcel number: 395040000000

Construction

Type & style

Home type: SingleFamily

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

Excellent
New construction: No
Year built: 1989

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Utilities for property: Water Available, Natural Gas Available

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: West Memphis

Location

Region: West Memphis

Financial & listing details

Price per square foot: $109/sqft
Tax assessed value: $135,710
Annual tax amount: $917
Date on market: 7/14/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$152,400

$145,000 - $160,000

$1,550/mo

Price history

Date	Event	Price
7/14/2026	Listed for sale	$154,900+176.6%$109/sqft
Source: Eastern Arkansas Realtors Association #46704 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
6/26/2015	Listing removed	$900$1/sqft
Source: Owner Report a problem
5/27/2015	Listed for rent	$900$1/sqft
Source: Owner Report a problem
8/1/1989	Sold	$56,000$39/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$917 +9.9%	$19,030 +10%
2024	$834 +0%	$17,300
2023	$834 +0.1%	$17,300
2022	$833 +0.3%	$17,300 +0.4%
2021	$831 +9.1%	$17,230 -0.4%
2020	$761 +9.9%	$17,300 +20.6%
2019	$692 +18.4%	$14,350
2018	$585	$14,350
2017	$585	$14,350
2016	$585 +168.1%	$14,350
2015	$218	$14,350 +9.2%
2014	$218 -56.5%	$13,140
2013	$502	$13,140
2012	--	$13,140
2011	$1	$13,140
2010	--	$13,140 -20.6%
2009	--	$16,540
2008	--	$16,540 +39.3%
2007	--	$11,870
2006	--	$11,870
2005	--	$11,870
2004	--	$11,870
2003	--	$11,870
2002	--	$11,870 +6.7%
2001	--	$11,120

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 72301

Getting around

21 / 100

Car-Dependent

27 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

2/10
Faulk Elementary School
Grades: PK-6Distance: 0.7 mi
3/10
West Junior High School
Grades: 7-9Distance: 1.8 mi
5/10
The Academies of West Memphis Charter School
Grades: 10-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Faulk
Middle: West
High: West Memphis

Source: Eastern Arkansas Realtors Association. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.