Cheap homes for sale & real estate in Arkansas, AR

Cheap Home for sale in Arkansas, AR:

Fully furnished, 1200 sf weekend getaway built inside a 30 X 50 shop. 2 stories with approx. 600 sf each, leaving plenty of shop space(30 x 30) fully insulated and finished electrical and plumbing. Too many amenities to list. It sits on an approximate 1 acre lot on Lake Erling. (Some of the best fishing in Arkansas) This cabin is not lakefront but is across the road from the lake and just a few hundred yards from the community's private boat launch. Supplied by its own well (just a couple yrs old), and propane powered emergency generator (same age as well). You would have to search high and low to find a value like this on this lake. Sit out and watch the deer and turkeys in your own yard.

Cheap Home for sale in Arkansas, AR:

Currently under construction. Lot 8 located at 1305 Elk Horn in Scenic Way Village is a 2,096 square foot new construction home on a spacious lot just minutes from Lake Dardanelle State Park. This functional 4-bedroom, 2-bathroom home includes a 2-car garage and an open-concept layout ideal for modern living. The large living room features a fireplace and flows seamlessly into the kitchen and dining area. Off the kitchen is a walk-in pantry, and just around the corner, you'll find a generous utility room and mudroom for added convenience. Scenic Way Village offers peaceful living with quick access to downtown Russellville and local amenities. Plans are subject to change at the builder&rsquo

Cheap Home for sale in Arkansas, AR:

Three Bedroom Two Bath home with a two car garage. Electric Fireplace, breakfast bar, luxury vinyl floors, laundry room. All Electric, all city utilities. ASSUMABLE LOAN . Financing Available: This house comes with a REDUCED RATE as of 3/18/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information.

Cheap Home for sale in Arkansas, AR:

Updates as of February 2026: New joists and new flooring in areas of the home! This beautiful home sits on a corner lot that is literally walking distance from Southern Arkansas University campus and three minutes away from downtown Magnolia. The property has updates such as new windows, new roof and new privacy fence all added around 2018.