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Banks, AR 71631

For Sale

$40,000

3 acres

Estimated Payment

$ 214 /mo. †

6.65% APR for 30 yrs.
$101 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 3 acres
    Lot size

Explore this Property

Great spot to build your new home or for a deer club! 3 acres between Banks and Jersey in the Lanark Community. Rural water and septic tank are already on the property. There is also a well on the property. Call for more info!
MLS# 24045475

Courtesy Of Hodnett Realty Group

(870) 798-2840

Property Features

  • Architecture Style
    Other
  • Lot Size
    3 Acres

Area Map

Home seller CENTURY 21 United

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 United

(870) 863-4011
Learn More About Us

Mortgage Calculator

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Loan Term
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$ /year
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$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $205
  • Property Taxes
    $8
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $214

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Eastside Elementary School

Grades KG-3 Public School

Warren, AR 71671 13.8 miles
408 n bradley st

421 total students
14:1 Student teacher ratio

School Details

Thomas C Brunson Elementary School

Grades 4-5 Public School

Warren, AR 71671 13.4 miles
212 scoby dr

256 total students
15:1 Student teacher ratio

School Details

Warren Middle School

Grades 6-8 Public School

Warren, AR 71671 13.5 miles
210 scoby dr

386 total students
16:1 Student teacher ratio

School Rating: C+

School Details

Warren High School

Grades 9-12 Public School

Warren, AR 71671 13.5 miles
803 n walnut st

466 total students
10:1 Student teacher ratio

School Rating: D+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Banks, AR 71631

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Banks, AR 71631

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are below the national average.

93° July
Hottest Average Month
32° January
Coldest Average Month
247 Total Households in Area
-2.7% Increase in population since the year 2010
30.6%
of households
have children
37 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Banks, AR 71631

Banks, AR 71631 has a population of 583 people in 247 households with a median age of 37.4 years old.

-2.7%
Decrease in population
since the year 2010
Population is Trending down
247
Total households as of 2010
-0.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 37.4 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 71%
Black 22%
Hispanic 4%
Other 3%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 71%, followed by Black at 22%, Hispanic at 4%, and Other at 3%.

Economics
for Banks, AR 71631

5 /sq mi
Population Density
$39,046 /yr
Median Household Income
$0
Median Sales Price
37 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 29.39% of the households.

Transportation to Work

  • Drive 95%
  • Walk or Bike 5%
  • Public Transit 0%
  • Work from Home 0%

Occupancy by Type

Owned 205 66%
Vacant 62 20%
Rented 42 14%

White vs Blue Collar Jobs







Blue Collar 65%
White Collar 35%

Family & Education Facts
for Banks, AR 71631

37.4 Median Age

Average Household Size

2.4
persons per
household

45.4%

Married Households

Community Population By Education

High School Graduate 56%
Some College 15%
Associates Degree 14%
Some High School 14%
Graduate Degree 1%
Bachelors Degree <1%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 55.69% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.6% of households have children

Weather
for Banks, AR 71631

The weather for this area ranges from a high of 93° F in July to a low of 32° F in January

93° July
Hottest Average Month
32° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
32°
54°
Feb
36°
59°
Mar
43°
67°
Apr
51°
76°
May
59°
83°
Jun
67°
90°
Jul
70°
93°
Aug
69°
93°
Sep
63°
87°
Oct
51°
78°
Nov
41°
66°
Dec
35°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Banks, AR 71631!
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Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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