1940 Payne Ln
Conway, AR 72034
- 3 Beds
- 2 Baths
- 1,582 sqft
$250,000
Last Sold: Feb 2, 2026
4% below list $260K
$158/sqft
Est. Refi. Payment $1,433/mo*
$250,000
Last Sold: Feb 2, 2026
4% below list $260K
$158/sqft
Est. Refi. Payment $1,433/mo*
3 Beds
2 Baths
1,582 sqft
Local Information
-- mins to
Description
Welcome to 1940 Payne Lane in Conway Arkansas, a well-located property offering comfort, functionality, and easy access to everything Conway has to offer. This home provides a great layout with inviting living spaces, making it ideal for everyday living, entertaining, or investment potential. Situated in an established area, the property offers a balance of privacy and convience, with nearby shopping, dining, schools, and quick access to major roads. Whether you're looking for a primary residence or a smart addition to your real estate portfolio, this property presents an excellent opportunity in a growing market.
1940 Payne Ln, Conway, AR 72034 is a 3 bedroom, 2 bathroom, 1,582 sqft single-family home built in 1999. It last sold for $250,000 on Feb 2, 2026 (4% below the $260,000 asking price). More recently, it was listed as a rental in May 2020 with an asking price of $1,250 per month. That rental listing was removed on May 29, 2020. It is currently off market. The Trulia Estimate is $248,000, with a rent estimate of $1,606/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
$13/Monthly
Price/Sqft
$158/sqft
Listed
180+ days ago
Home Details for 1940 Payne Ln
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MLS Status: Closed |
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Interior Details Number of Rooms: 1Types of Rooms: Dining Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1582 Square Feet |
Appliances & Utilities Utilities: Natural Gas Connected, Cable Connected, Telephone-PrivateTelephone: Telephone-PrivateAppliances: Free-Standing Range, Microwave, Electric Range, Dishwasher, RefrigeratorDishwasherLaundry: Laundry RoomMicrowaveRefrigerator |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Has a Fireplace |
Gas & Electric Electric: Electric-Co-opGas: Gas-Natural |
Windows, Doors, Floors & Walls Flooring: Carpet, Wood, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Wood, Tile |
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Exterior Home Features Roof: ShinglePatio / Porch: Patio, PorchFencing: WoodFoundation: Slab |
Parking & Garage Has a GarageParking Spaces: 2Parking: Garage,Two Car,Garage Door Opener |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1999 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional,Patio Home |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 71211883253 |
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Price List Price: $260,000Price Per Sqft: $158/sqft |
Status Change & Dates Off Market Date: Sun Dec 28 2025Possession Timing: Close Of Escrow |
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Direction & Address City: ConwayCommunity: Marthas Village PUD |
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Building Area Building Area: 1582 Square Feet |
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Has an HOAHOA Fee: $150/Annually |
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Lot Area: 6969.6 sqft |
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Listing Terms: VA Loan, FHA, Conventional, Cash |
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Mls Number: 25049760Days In Mls: 5 |
Last check for updates: about 6 hours ago
Listed by Theresa Van Barkenhuizen, (870) 324-3331
Forrest Realty
Bought with: Lauren Walter, (501) 289-1857, Homeward Realty
Source: CARMLS, MLS#25049760

Price History for 1940 Payne Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 02/02/2026 | $250,000 | Sold | CARMLS #25049760 |
| 12/29/2025 | $260,000 | Contingent | CARMLS #25049760 |
| 12/23/2025 | $260,000 | Listed For Sale | CARMLS #25049760 |
| 07/03/2025 | $237,000 | Sold | CARMLS #25024731 |
| 07/01/2025 | $242,500 | Contingent | CARMLS #25024731 |
| 06/23/2025 | $242,500 | Listed For Sale | CARMLS #25024731 |
| 05/29/2020 | $1,250 | ListingRemoved | Agent Provided |
| 05/19/2020 | $1,250 | Listed For Rent | Agent Provided |
| 04/13/2017 | $1,100 | ListingRemoved | Agent Provided |
| 03/21/2017 | $1,100 | Listed For Rent | Agent Provided |
| 02/22/2014 | $80,000 | Sold | N/A |
| 09/21/2005 | $125,000 | Sold | N/A |
Market trends in Conway
Last updated May 2026
Avg. sale price
$249K
$1.17KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$151
$3MoM
Available listings
365
27MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,221 |
| Assessment | $243,000 |
Home facts updated by county records
Comparable Sales for 1940 Payne Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $270,000 | 07/18/25 | 3 | 2 | 1,796 | |
0.29 | Single-Family Home | $250,875 | 01/12/26 | 3 | 2 | 1,585 | |
0.20 | Single-Family Home | $310,000 | 11/26/25 | 3 | 2 | 1,842 | |
0.19 | Single-Family Home | $335,500 | 06/22/26 | 3 | 2 | 1,895 | |
0.31 | Single-Family Home | $248,000 | 07/21/25 | 3 | 2 | 1,563 | |
0.25 | Single-Family Home | $299,900 | 09/15/25 | 3 | 2 | 1,874 | |
0.19 | Single-Family Home | $330,000 | 04/02/26 | 3 | 2 | 2,206 | |
0.32 | Single-Family Home | $319,000 | 05/20/26 | 3 | 2 | 1,981 | |
0.01 | Single-Family Home | $239,000 | 09/25/25 | 3 | 2 | 1,582 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1940 Payne Ln.
What Locals Say about Conway
At least 530 Trulia users voted on each feature.
89 % Say car is needed
82 % Say it's dog friendly
82 % Say parking is easy
77 % Say yards are well-kept
73 % Say there's holiday spirit
70 % Say kids play outside
57 % Say it's quiet
57 % Say streets are well-lit
57 % Say people would walk alone at night
50 % Say neighbors are friendly
47 % Say there are sidewalks
40 % Say it's walkable to restaurants
39 % Say they plan to stay for at least 5 years
37 % Say it's walkable to grocery stores
37 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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