Waterfront
Address
741 Rainbow Road, Out of Area-Arkansas, AR
Price
$ 1,295,000
Property Attributes
- MLS#117967
- TypeSingle Family
- Listing Status Active
- CountyOUT OF AREA - ARKANSAS COUNTIES
- CityOut of Area-Arkansas
- AreaA22 Arkansas Out of Area
- NeighborhoodFred Sheets
- Zip71929
- StyleTraditional
- Year Built1968
- Taxes$ 2019
- Price$ 1,295,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2041
- Lot Size5.5 Acres
Data Source:
Texarkana MLS (TXMLS)
Property Description
A rare find! One of the only houses on lake DeGray with access to the lake as well as an excellent view from the home. The house is a 4 bedroom/3 bath home well designed for privacy with an open concept in a secluded wooded setting. Additionally, the property has a cottage guest house and an open barn for storage. This is a unique, one of a kind property with direct access to lake DeGray.
| Price History | |
|---|---|
| 6/16/2025 | Listed $1,495,000 |
| 3/30/2026 | 14$1,295,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Possession | Close Of Escrow |
| Roof | Architectural Shingles |
| Appliances | Dishwasher,Disposal,Dryer,Electric Range,Microwave,Electric Oven,Refrigerator,Oven,Washer,Electric Water Heater |
| Patio/Porch Features | Covered,Patio |
| Architectural Style | Traditional |
| Pool Features | None |
| Construction Materials | Frame,Stone |
| Year Built | 1968 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Parcel Number | 18503 |
| Waterfront Features | Lake,Pond,Waterfront |
| County | Out of Area: Arkansas Counties |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Fred Sheets |
| Garage Y/N | No |
| Other Structures | Guest House,Outbuilding,Storage |
| Full Baths | 3 |
| Status | Active |
| Directions | Hwy 84 West and drive three miles to Rainbow Road. Turn left on Rainbow Road and go 1.8 miles until you see 741 on fence post. Turn left. |
| City | Out of Area-Arkansas |
| Disclosures | Owner Disclosure |
| Senior Community Y/N | No |
| High School District | Out of Area |
| MLS Area | A22 Arkansas Out of Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 239580 |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Tax Annual Amount | 2019 |
| Home Warranty Y/N | No |
| Concessions | No |
| Lease Considered Y/N | No |
| Virtual Tour | https://tour.usamls.net/741-Rainbow-Road-Out-of-AreaArkansas-AR-71929/unbranded |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Out of Area |
| Elementary School District | Out of Area |
| Tax Lot | 1-2-3-4 |
| Legal Description | N/A |
| Unit | Bismark,AR |
| Freehold | BBO,IDX |
Interior Features
| Interior Amenities | High Ceilings,Ceiling Fan(s) |
|---|---|
| Flooring | Carpet,Vinyl |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Laundry Features | Electric Dryer Hookup,Inside,Washer Hookup |
| Total Bedrooms | 4 |
| Total Baths | 3 |
| Kitchen Description | Kitchen Island,Pantry,Formica Countertops |
Exterior Features
| Parking Features | None,Parking Pad |
|---|---|
| Lot Features | Lake on Lot,Pond on Lot |
| Water Source | Public |
| Lot Size Area | 5.5 |
| Spa | No |
| Building Area Total | 2041 |
| Lot Dimensions | 5-10 |
| Lot Size Acres | 5.5 |
| Road Surface Type | Gravel |
| Waterfront Y/N | Yes |
| Road Frontage Type | Other |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 71929
Price
Taxes
Year Built
Visits
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Longview Association of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
