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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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806 Gipson Rd , Harrison, AR 72601
$1,200,000
Est. Payment: $6,575.61/mo
40.41 Acres
Status: active | Days on site: 20
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2390 - 89341
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Tara Limbird
Principal Broker | Operator

House Description

Prime Multi-Family Development Opportunity! Just minutes from Highway 65, this exceptional 40.41-acre property offers an exciting opportunity for developers and investors. Comprised of two parcels—approximately 20 acres and 40.41 acres—the property is zoned R-3 Medium Density Residential, providing excellent potential for multi-family development. The gently rolling acreage features a desirable combination of open grassland and tree-lined edges, creating a versatile setting with both natural beauty and development potential. With convenient access to Highway 65 and ample acreage, this property offers room to bring a large-scale residential vision to life. The owner will consider selling the parcels separately, offering flexibility for a variety of development plans and investment strategies. Opportunities of this size and zoning are not often available—bring your vision and explore the possibilities!

Highlights

Listed by JoAnn Tice , 870-688-3627 Coldwell Banker Harris McHaney & Faucette -Fayette , 479-521-0220. Arkansas Regional MLS, LLC

Property Type

Vacant Land

Lot/Acreage
40.41

County

Boone

School District

Harrison

Listing ID

1361883

Questions about this listing?

Contact Agent

Interior Features

Water:Not Connected (nearby),Public

Exterior Features

Lot:Cleared,Industrial Park,Neighborhood,Split Possible
Sewer:Not Connected (nearby),Public Sewer
Principal Interest
$6,576
Taxes
$3

Home Price

$1,200,000

Loan Details

30 yrs
7.291%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,575.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,575.61 $3.17 $0.00 $6,578.78
Yearly $78,907.32 $38.00 $0.00 $78,945.32
Total $2,367,219.71 $1,140.00 $0.00 $2,368,359.71

Today's Rates

30 Year

7.29%

20 Year

6.59%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Harrison, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Arkansas Regional MLS, LLC, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-20T05:17:04.000Z

© 2026 Arkansas Regional MLS, LLC