503 W Locust Rd
Payson, AZ 85541
- 2 Beds
- 2.5 Baths
- 1,888 sqft (on 0.42 acres)
$627,500
Last Sold: Feb 6, 2026
6% below list $665K
$332/sqft
Est. Refi. Payment $3,493/mo*
$627,500
Last Sold: Feb 6, 2026
6% below list $665K
$332/sqft
Est. Refi. Payment $3,493/mo*
2 Beds
2.5 Baths
1,888 sqft
(on 0.42 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1994
Lot Size
0.42 acres
Living Area
1,888 sqft
Price/Sqft
$332/sqft
Parking
5 Car Garage
About this House
Discover this well-maintained custom home offering effortless, single-level living with a low-maintenance exterior. Major updates have already been taken care of, including a new roof (2022) and a new furnace and A/C system (2023). A fully automatic Generac generator ensures you're never without power. Inside, a spacious great room provides a welcoming central living space, while both bedrooms serve as master suites—perfect for comfort and privacy. The attached garage offers flexibility and could easily be converted into a third bedroom if desired. What truly sets this property apart is its incredible workshop and RV garage—one of the best in Payson. The shop measures 46' x 32' and features a 16' x 12' RV door along with a standard garage door. There's also a separate shed and additional storage space behind the shop for all your tools, gear, or hobbies. Pride of ownership shines throughout this one-of-a-kind property.
503 W Locust Rd, Payson, AZ 85541 is a 2 bedroom, 3 bathroom, 1,888 sqft single-family home built in 1994. It last sold for $627,500 on Feb 6, 2026 (6% below the $665,000 asking price). It is currently off market. The Trulia Estimate is $632,700, with a rent estimate of $2,453/month.
Home Details for 503 W Locust Rd
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1888 Square Feet |
Appliances & Utilities Appliances: Dryer, WasherDryerLaundry: Laundry RoomWasher |
Heating & Cooling Heating: Forced Air,PropaneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Skylight(s)Flooring: Carpet, Tile, Concrete |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Tile, Concrete |
View Has a ViewView: Trees/Woods, Panoramic, Mountain(s) |
Security Security: Smoke Detector(s), Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: Covered PatioFencing: Chain Link, N/A - Other, PartialOther Structures: Workshop, Storage/Utility ShedExterior: Storage, Drip System, RV Hookup |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageParking Spaces: 5Parking: Detached,Garage Door Opener,Attached,Oversized,RV Garage,RV Gated |
Frontage Road Frontage: Blacktop StreetRoad Surface Type: Asphalt |
Farm & Range Not Allowed to Raise Horses |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Single Level,Ranch |
Building Construction Materials: Stucco, Wood Frame, Wood Siding |
Property Information Parcel Number: 30240040A |
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Price List Price: $665,000Price Per Sqft: $332/sqft |
Status Change & Dates Off Market Date: Fri Feb 06 2026Possession Timing: Close Of Escrow |
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Direction & Address City: PaysonCommunity: Unsubdivided |
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Building Area Building Area: 1888 Square Feet |
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Lot Area: 0.42 Acres |
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Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan, Submit |
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Mls Number: 92449Showing Service Name: Broker Bay |
Last check for updates: 30 minutes ago
Listed by Rory R Huff, (928) 595-0136
ERA YOUNG REALTY-PAYSON
Source: CAAR, MLS#92449

Price History for 503 W Locust Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/06/2026 | $627,500 | Sold | CAAR #92449 |
| 01/05/2026 | $665,000 | Contingent | ARMLS #6883178 |
| 11/26/2025 | $665,000 | PriceChange | CAAR #92449 |
| 06/20/2025 | $690,500 | Listed For Sale | ARMLS #6883178 |
Market trends in Payson
Last updated June 2026
Avg. sale price
$460K
$3.33KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$314
$3MoM
Available listings
319
10MoM
Property Tax and Assessment
| Year | 2026 |
|---|---|
| Tax | $2,634 |
| Assessment | $410,846 |
Home facts updated by county records
Comparable Sales for 503 W Locust Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $465,000 | 08/06/26 | 3 | 2 | 2,678 | |
0.20 | Single-Family Home | $415,000 | 03/10/26 | 3 | 3 | 1,604 | |
0.14 | Single-Family Home | $340,000 | 06/03/26 | 2 | 2 | 1,267 | |
0.15 | Single-Family Home | $347,500 | 05/04/26 | 2 | 2 | 1,380 | |
0.21 | Single-Family Home | $440,000 | 12/16/25 | 3 | 2 | 1,670 | |
0.04 | Single-Family Home | $735,000 | 01/14/26 | 5 | 3 | 3,328 | |
0.12 | Single-Family Home | $741,860 | 06/15/26 | 4 | 2 | 2,220 | |
0.35 | Single-Family Home | $800,000 | 06/18/26 | 3 | 2.5 | 2,989 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 503 W Locust Rd.
What Locals Say about Payson
At least 89 Trulia users voted on each feature.
89 % Say it's dog friendly
88 % Say yards are well-kept
87 % Say there's wildlife
86 % Say parking is easy
84 % Say car is needed
76 % Say there's holiday spirit
75 % Say it's quiet
72 % Say people would walk alone at night
61 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
53 % Say kids play outside
50 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
39 % Say there are community events
26 % Say there are sidewalks
17 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 503 W Locust Rd
Off Market Homes Near 503 W Locust Rd
Frequently asked questions about 503 W Locust Rd
- What is 503 W Locust Rd estimated to be worth?Trulia's estimated value for 503 W Locust Rd in Payson, AZ is $632,700.
- What is the price history for 503 W Locust Rd?503 W Locust Rd in Payson, AZ last sold for $627,500 in February 2026.
- Is Payson a buyer's or seller's market?Payson is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Payson?The median sale price in Payson is $460K. That is up $3.33K from the prior month.
- Does 503 W Locust Rd have air conditioning?Yes, 503 W Locust Rd in Payson, AZ has air conditioning.
- Does 503 W Locust Rd have laundry facilities?Yes, 503 W Locust Rd in Payson, AZ has in-unit laundry.

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

