Greenwood Fixer on Nearly 2 Acres With 3 Bedrooms and Detached Garage Listed for $75,000

A rural property in Greenwood, Arkansas, has hit the market for $75,000, offering three bedrooms, two bathrooms and nearly two acres of land for buyers willing to take on a renovation project.

Located at 5805 Asa Craig Road, the single-family home provides approximately 1,456 square feet of living space. The property sits on roughly 1.93 acres, giving future owners considerably more outdoor room than they would typically find with a standard residential lot.

The combination of price and acreage is likely to be one of the property’s biggest attention-grabbing features.

At $75,000, the home offers an opportunity for someone searching for a lower-priced property with enough land to create a more private country setting.

The residence includes three bedrooms and two bathrooms, providing a practical layout for a household while still leaving room for future improvements.

Inside, the property will require work.

Rather than being marketed as a completely renovated, move-in-ready residence, this Greenwood home is better suited to a buyer who sees potential in updating an existing property.

Depending on the condition discovered during an inspection, improvements could range from cosmetic updates such as flooring, paint and fixtures to larger repairs involving the home’s major systems.

That makes careful due diligence especially important.

Outside, however, the property provides something that cannot easily be added later: land.

With approximately 1.93 acres, a future owner has space around the residence for outdoor activities, gardening, pets or simply enjoying additional separation from neighboring properties.

The setting could particularly appeal to buyers who want to move away from tightly packed subdivisions without purchasing a massive tract of land.

Another useful feature is the detached garage.

Separate garage or workshop space can be valuable on a rural property, whether it is used for vehicle parking, equipment, tools, hobbies or additional storage.

The property also has mature trees surrounding portions of the homesite, contributing to the more established country atmosphere.

For investors, the relatively low purchase price may also make the home worth evaluating as a renovation project. However, the financial viability of any investment would depend heavily on repair costs and the property’s eventual market value after improvements.

Prospective buyers should arrange a professional inspection and independently verify the condition of the roof, foundation, electrical system, plumbing, HVAC equipment and other major components before making a purchase decision.

The land itself should also be evaluated for boundaries, easements, utility arrangements and any restrictions affecting future improvements.

Even with those considerations, properties combining acreage and a home at this price point can attract plenty of attention.

For $75,000, 5805 Asa Craig Road offers three bedrooms, two bathrooms, approximately 1,456 square feet, a detached garage and nearly two acres of Arkansas land.

For the right buyer, it could be less about what the property looks like today and more about what nearly two acres and an affordable fixer could become.

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Listed on Zillow