This $10,000 Fixer-Upper in Star City, Arkansas Sits on a Large 0.6-Acre Lot

Finding an affordable house with a substantial piece of land can be difficult, especially when property prices continue to vary significantly from one market to another. In Star City, Arkansas, however, one property currently stands out for its exceptionally low asking price and its potential for renovation.

Located at 314 Louisiana St, Star City, AR 71667, this single-family residence is listed for just $10,000.

The property includes approximately 1,020 square feet of living space, two bedrooms, one full bathroom, and a 0.6-acre lot.

Built in 1960, the home is being offered as a fixer-upper and is being sold as-is with cash-only terms.

The listing describes the property as a cute little bungalow with metal siding and emphasizes the size of the lot relative to the asking price.

For buyers willing to take on a renovation project, the property represents a very different type of real estate opportunity from a traditional move-in-ready home.

A $10,000 House in Star City

The asking price immediately makes this property unusual.

At $10,000, the home is priced at approximately $10 per square foot, based on the listed 1,020 square feet of interior space.

Of course, the low purchase price also reflects the property’s condition and the fact that it is being sold as a fixer-upper.

This is not presented as a turnkey residence.

Instead, the property is aimed at buyers who can see potential beyond its current condition and who are prepared to invest time, money, and effort into improvements.

For the right type of buyer, the land and existing structure may be more important than the current appearance of the home.

A 0.6-Acre Lot

One of the most notable features of the property is its approximately 0.6-acre lot.

The listing specifically highlights the size of the lot as an important part of the opportunity.

A 0.6-acre parcel provides considerably more outdoor space than a typical small residential lot.

The property is described as level, which can be useful when considering future landscaping, outdoor areas, parking, or other permitted improvements.

Any future development or changes would, of course, need to comply with local zoning and building requirements.

A Classic 1960 Bungalow

The home was built in 1960 and is identified as a bungalow/cottage-style single-family residence.

Bungalows are often recognized for their relatively straightforward layouts and practical proportions.

This particular home contains approximately 1,020 square feet of interior space.

The single-level design may also make the property easier to navigate compared with a multi-story house.

The listing identifies two bedrooms and one full bathroom, with both bedrooms located on the same level.

Two Bedrooms on One Level

The property includes two bedrooms.

Both bedrooms are on the main level, making the layout relatively simple.

For a small house, two bedrooms can provide flexibility for a variety of uses.

The second bedroom could potentially serve as a guest room, home office, hobby room, or additional sleeping space, depending on the owner’s needs and the property’s final condition.

The actual dimensions and condition of the individual rooms should be confirmed during an inspection.

One Full Bathroom

The home has one full bathroom.

For a 1,020-square-foot residence with two bedrooms, this provides the basic bathroom configuration expected of a small single-family home.

Because the property is being sold as a fixer-upper, the bathroom should be carefully evaluated during the inspection process.

Potential buyers should determine what repairs or updates may be necessary before estimating the total renovation cost.

Metal Siding Adds Character

The property features metal siding, which is one of the exterior characteristics highlighted in the listing.

The metal exterior contributes to the home’s simple bungalow appearance and may provide a distinctive starting point for a future renovation.

The current condition of the siding should be inspected, including any areas that may require repair, replacement, or repainting.

For a buyer planning an exterior renovation, the existing siding could become part of a broader effort to update the home’s appearance.

A Level Residential Lot

The 0.6-acre property is described as having a level lot.

A level parcel can provide practical advantages compared with steep or heavily sloped land.

Depending on local regulations and the property’s existing configuration, the outdoor space could potentially accommodate landscaping, recreational areas, gardens, additional parking, or other permitted improvements.

The buyer would need to confirm zoning and all applicable regulations before planning any additions or structures.

Public Water and Sewer

The property is connected to public water and public sewer.

This is an important detail for a buyer evaluating an inexpensive fixer-upper.

Instead of relying on a private well and septic system, the property has municipal water and sewer service listed.

The electrical service is also identified as municipal electricity through Entergy.

All utility connections and their current condition should be verified during the due diligence process.

Electric Utilities

The listing identifies municipal electric service and includes an electric range and electric water heater among the appliances.

The home does not currently list a conventional heating system or cooling system.

That makes the mechanical condition of the property an especially important consideration for anyone thinking about renovation.

A qualified contractor can help determine what systems are present, what needs replacement, and what upgrades would be appropriate.

A Fixer-Upper With Potential

The central theme of this property is its fixer-upper potential.

The listing specifically encourages buyers to bring their ideas and make the property their own.

That means the current condition should be viewed as part of the purchase rather than something being presented as finished.

Renovation could involve cosmetic improvements, mechanical systems, structural repairs, interior finishes, exterior work, or a combination of these depending on the actual condition of the home.

A professional inspection is essential before determining the scope and cost of the work.

Sold As-Is

The property is being sold as-is.

This is particularly important for potential buyers.

An as-is sale generally means the buyer should not assume that the seller will make repairs or improvements before closing.

Because the property is also described as a fixer-upper, prospective buyers should approach the purchase with a detailed renovation budget.

The extremely low purchase price does not necessarily represent the total cost of acquiring and improving the property.

Cash-Only Purchase

The listing specifies cash-only terms.

This means buyers should be prepared to purchase the property without relying on conventional mortgage financing.

The financing requirement can be particularly relevant for properties that need significant repairs because some traditional lenders may have specific requirements regarding the condition of a home.

Anyone considering the property should confirm the acceptable purchase terms directly with the listing representative.

A Property for Hands-On Buyers

This type of house may appeal to buyers who are comfortable taking on a project.

Someone with construction experience, renovation knowledge, or access to reliable contractors may see possibilities that are not immediately obvious from the current condition.

The property could potentially become a comfortable small home after renovation.

The 0.6-acre lot also gives the future owner a meaningful amount of outdoor space.

Potential for a Personalized Renovation

One of the benefits of purchasing a fixer-upper is the opportunity to make design decisions from the beginning.

Rather than buying a recently renovated home with someone else’s finishes and style, a renovation-minded buyer can potentially create a completely different interior.

The bungalow’s relatively modest size could make a renovation more manageable than restoring a very large house.

Flooring, paint, lighting, cabinetry, bathroom finishes, doors, fixtures, and other design elements could potentially be updated according to the owner’s preferences.

The actual scope would depend on the condition of the property.

A Small Home With Outdoor Possibilities

The interior provides approximately 1,020 square feet, but the lot offers approximately 0.6 acres.

That creates an interesting relationship between indoor and outdoor space.

A future owner could potentially place significant emphasis on the yard.

Depending on local rules, possibilities might include gardens, outdoor seating, landscaping, recreation areas, or other improvements.

The level lot could make outdoor planning more straightforward.

A Potential Garden Property

The size of the lot could provide room for gardening.

A vegetable garden, flower beds, fruit trees, or other landscaping could potentially transform the outdoor environment.

Gardening may also complement the simple lifestyle associated with a small bungalow and larger residential lot.

Any planting or structural changes should take local soil, drainage, utilities, and property regulations into account.

Parking and Outdoor Access

The property includes a parking pad.

Although there is no garage listed, the parking area provides an existing place for vehicles.

Because the property sits on approximately 0.6 acres, the outdoor area may also offer potential for additional parking arrangements, subject to applicable regulations.

The absence of a garage could be important for buyers who need substantial vehicle or workshop space.

No Homeowners Association

The property does not have a homeowners association.

For some buyers, this can provide additional flexibility compared with homes governed by private neighborhood restrictions.

However, the absence of an HOA does not mean that there are no rules governing the property.

Local zoning, building codes, permits, easements, and other regulations still apply.

Anyone planning renovations or additional structures should confirm the requirements with the appropriate local authorities.

A Simple One-Story Layout

The house is a one-story property.

This can be convenient for residents who prefer to have all primary living areas on one level.

The simple layout may also make renovation planning easier.

There are no stairs between multiple residential floors, and the two bedrooms are located on the same level.

For a compact home, this straightforward configuration can provide a practical foundation for remodeling.

The Possibility of a Complete Transformation

A $10,000 property can naturally attract attention because of the price, but the more interesting question is what the house could become after renovation.

The existing bungalow provides a starting structure.

The 0.6-acre lot provides outdoor space.

Public utilities are already listed.

The property has two bedrooms and one bathroom.

For a buyer with the necessary resources, these characteristics could provide a foundation for creating a very different home.

The final result would depend entirely on the condition of the structure and the renovation decisions made by the future owner.

Important Inspection Considerations

Because the home is being sold as a fixer-upper, a thorough inspection is particularly important.

Potential buyers should consider having the structure evaluated for foundation issues, roof condition, moisture intrusion, electrical systems, plumbing, water damage, insulation, windows, doors, flooring, and other major components.

The listing shows a roof with 3-tab shingles, but the age and condition of the roof should be independently verified.

The metal siding should also be examined.

Mechanical systems deserve special attention because the listing does not identify a conventional heating or cooling system.

Understanding the Renovation Budget

The $10,000 purchase price may be only the beginning of the financial calculation.

A buyer should consider closing costs, inspections, insurance, utilities, permits, contractor fees, materials, and potential unexpected repairs.

A professional contractor can provide a more accurate assessment of the renovation requirements.

It is especially important with older fixer-uppers to maintain a contingency budget for problems that may not be visible during an initial walkthrough.

Why the Lot Matters

The most interesting feature of the property may ultimately be the combination of the house and land.

A 1,020-square-foot house by itself would be relatively modest.

A 1,020-square-foot house on approximately 0.6 acres offers a different proposition.

The land provides breathing room and potential outdoor uses.

For a buyer who values yard space, privacy, gardening, or future outdoor improvements, the lot could be an important part of the property’s long-term appeal.

A Budget-Friendly Starting Point

The asking price of $10,000 places the property in a very different category from most traditional homes.

It is not being marketed as a move-in-ready residence.

Instead, it is an opportunity to purchase a structure and parcel at a low initial acquisition cost, with the expectation that the buyer may need to invest additional funds into repairs and improvements.

This type of property can appeal to buyers who are specifically searching for projects rather than finished houses.

Potential as a Small Primary Residence

After appropriate renovation, the two-bedroom layout could potentially serve as a small primary residence.

The one-story design, public utilities, and level lot provide a straightforward foundation.

The property would still need to meet applicable occupancy and safety standards.

A buyer should not assume that every part of the existing structure is currently suitable for immediate occupancy.

The property’s condition should be confirmed by inspection and, where necessary, local officials or qualified professionals.

Potential as a Rental Property

Some buyers may also consider whether the property could eventually function as a rental.

That would depend on renovation costs, local rental demand, zoning, insurance requirements, and the property’s condition after rehabilitation.

The current listing alone does not establish rental income potential.

Anyone considering this strategy should conduct separate research into local market rents and operating expenses.

A Blank Canvas for Renovators

The phrase “bring your ideas” is particularly relevant to this property.

The current home provides a relatively compact canvas.

A buyer could potentially choose a traditional bungalow renovation, a modern minimalist design, or a more practical budget-focused remodel.

The architectural style is listed as bungalow/cottage, providing a recognizable starting point for exterior and interior design.

The goal could be to preserve the home’s original character while adding modern conveniences.

The Appeal of a Low Purchase Price

The $10,000 asking price is likely to be the first detail that catches most people’s attention.

However, the more meaningful opportunity is the combination of the purchase price with the lot size and existing structure.

The property is not vacant land.

There is already a house, utility infrastructure, a parking pad, and a defined residential parcel.

For a buyer with renovation experience, that can be an intriguing starting point.

Star City, Arkansas

The property is located in Star City, Arkansas, in Lincoln County.

The town provides a small-community setting for the residence.

For buyers interested in rural or small-town real estate, properties like this can provide an alternative to higher-priced housing markets.

The exact availability of nearby services, employment opportunities, schools, healthcare, shopping, and recreational facilities should be independently researched by prospective buyers.

A Property That Requires Vision

This is clearly not a conventional turnkey listing.

The home needs work, and the seller is offering it as-is.

But the property also has several characteristics that may interest renovation-minded buyers.

There are two bedrooms.

There is one bathroom.

There are approximately 1,020 square feet.

There is a 0.6-acre lot.

There are public water and sewer connections.

There is municipal electricity.

There is a parking pad.

And the house is offered at an asking price of just $10,000.

The combination makes the property worth examining for buyers specifically interested in renovation projects.

What Buyers Should Ask Before Making an Offer

Before purchasing, potential buyers should ask detailed questions about the property’s condition.

What repairs are currently needed?

Are there known structural issues?

What is the condition of the roof?

Are the plumbing and electrical systems operational?

What heating and cooling systems are currently available?

Is the water heater functioning properly?

Are there any known leaks or moisture issues?

Are there outstanding permits or code violations?

What renovations would be required for occupancy?

Answers to these questions can have a significant impact on the total cost of the project.

A Low-Cost Property With a Larger Land Component

The property offers an unusual ratio between house size and lot size.

The home contains approximately 1,020 square feet, while the lot measures approximately 0.6 acres.

That gives the future owner significantly more outdoor space relative to the size of the home.

For someone who prefers a smaller interior and a larger yard, this can be an appealing combination.

Final Thoughts

At $10,000, 314 Louisiana St in Star City, Arkansas, is an unusually inexpensive residential property that comes with both a house and a substantial lot.

The approximately 1,020-square-foot bungalow includes two bedrooms and one full bathroom and was built in 1960.

The property sits on approximately 0.6 acres of level land, giving it considerably more outdoor space than many small residential properties.

The home features metal siding and a 3-tab shingle roof, while public water, public sewer, and municipal electricity are listed among the property’s utilities.

The house is being offered as a fixer-upper, and the sale is as-is and cash-only.

That means the property is best viewed as a renovation project rather than a finished home.

For someone willing to take on repairs, the property provides a blank canvas.

The existing bungalow could potentially be renovated into a small and comfortable residence, while the large lot could become an important part of the property’s future.

The level yard could potentially accommodate landscaping, gardens, outdoor living areas, or other permitted improvements.

The absence of an HOA may also provide additional flexibility, although all local zoning and building requirements would still apply.

Perhaps the most interesting aspect of the property is its combination of very low purchase price and relatively large lot size.

At only $10,000, the initial acquisition cost is considerably lower than that of a typical home.

However, buyers should remember that the renovation budget could ultimately be much larger than the purchase price.

The property’s as-is condition means that inspections and careful financial planning are essential.

For experienced renovators, contractors, investors, or buyers simply looking for an affordable project, this Star City bungalow presents a very different kind of real estate opportunity.

It is not about buying a perfect home.

It is about purchasing a property with an existing structure, a sizeable residential lot, and the possibility of creating something new.

The house may currently require significant attention, but the 0.6-acre setting provides room for imagination.

With the right renovation plan, careful budgeting, and proper due diligence, the property could potentially be transformed into a completely different living environment.

For anyone searching for an inexpensive Arkansas property where the land, the low entry price, and the renovation potential are central to the story, 314 Louisiana St is certainly an unusual listing to examine.

At $10,000, it represents a property where the final outcome will depend heavily on the buyer’s vision, resources, renovation strategy, and willingness to take on the work.

 

 

From Zillow