Last Sold Price
2 beds3 baths1,888 sqft$332/sqft
503 W Locust Rd, Payson, AZ 85541

Description

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...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.
LISTING CLOSED: 02/06/2026 12:00 AM

Property Details for 503 West Locust Road

Status
MLS #
6883178
Days on Market
233
Taxes
$2,538 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1994
Lot Size
0.42 AC / 18,295 SF
Architectural Style
Ranch
Subdivision Name
Unsubdivided
View YN
Yes

Recent comparable sales

Median sold price

$610,000

Avg days on market

157

Sale-to-list ratio

92.3%

Payson, AZ

9 comparable properties found

a front view of a house with garden
1/61
1

$750,000

Sold 10/10/25

2
Bedrooms
3
Bathrooms
1,830
Square Feet
2.04
Acres
$615,000 | 2508 East Elk Run Court, Payson, AZ 85541
1/49
2

$615,000

Sold 03/09/26

2
Bedrooms
3
Bathrooms
1,768
Square Feet
0.15
Acres
$585,000 | 411 West Black Forest Lane, Payson, AZ 85541
1/31
3

$585,000

Sold 09/25/24

3
Bedrooms
3
Bathrooms
1,892
Square Feet
0.30
Acres
$535,000 | 311 East Pinnacle Circle, Payson, AZ 85541
1/49
4

$535,000

Sold 09/10/24

3
Bedrooms
3
Bathrooms
1,898
Square Feet
0.14
Acres
a view of a house with a small yard and wooden fence
1/65
5

$650,000

Sold 05/15/26

3
Bedrooms
3
Bathrooms
2,074
Square Feet
0.23
Acres
$270,000 | 200 West Forest Drive, Payson, AZ 85541
1/34
6

$270,000

Sold 03/04/26

2
Bedrooms
3
Bathrooms
1,600
Square Feet
0.19
Acres
$475,000 | 305 West Houston Mesa Road, Payson, AZ 85541
1/34
7

$475,000

Sold 07/21/25

3
Bedrooms
3
Bathrooms
2,100
Square Feet
0.14
Acres
$660,000 | 2608 East Elk Run Court, Payson, AZ 85541
1/61
8

$660,000

Sold 12/16/24

2
Bedrooms
3
Bathrooms
1,484
Square Feet
0.22
Acres
$610,000 | 208 South Brassie Drive, Payson, AZ 85541
1/45
9

$610,000

Sold 04/09/26

3
Bedrooms
3
Bathrooms
2,153
Square Feet
0.21
Acres

Location

Listing Courtesy of ERA-Young Realty & Investment

Sold By ERA-Young Realty & Investment

Add your commute

Building Information for 503 West Locust Road

Stories1Year Built1994Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$3,401 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,190

Property Taxes

$212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 503 West Locust Road

Summary
Location and General Information
  • Unparsed Address: 503 W Locust Road, Payson, AZ 85541
  • City: Payson
  • Coordinates: -111.32773, 34.252562
  • Country: US
  • County Or Parish: Gila
  • Directions: Highway 87 North, turn left onto Longhorn Road, go west to McLane Road and turn right, turn left onto Locust Road to property with sign.
  • Latitude: 34.252562
  • Longitude: -111.32773
  • Postal City: Payson
  • Postal Code: 85541
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,994
Taxes and HOA
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $2,537.68
  • Tax Book Number: 302.00
  • Tax Lot: -
  • Tax Map Number: 40.00
  • Tax Parcel Letter: A
  • Tax Year: 2,024
Parking
  • Carport Spaces: 0
  • Covered Spaces: 5
  • Garage Spaces: 5
  • Garage YN: Yes
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Over Height Garage, Separate Strge Area, Detached, RV Garage
School Information
  • Elementary School: Julia Randall Elementary School
  • Elementary School District: Payson Unified District
  • High School: Payson High School
  • High School District: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School
Property
Lot Information
  • Building Area Total: 1,888
  • Building Area Units: Square Feet
  • Living Area: 1888.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Lot Size Acres: 0.42
  • Lot Size Area: 18295.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 18295.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Propertysp Descriptionco Cornersp Lot4: Yes
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: Seller Discl Avail
  • Documents Change Timestamp: 06-20-2025 09:48:04 PM
  • Documents Count: 4
  • Ownership: Fee Simple
  • Parcel Number: 30240040A
  • Property Attached YN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Utilities
  • Electric On Property YN: Yes
  • Sewer: Sewer in & Cnctd
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Storage, RV Hookup
  • Fencing: Chain Link, Partial
  • Horse YN: No
  • Patio And Porch Features: Storage, RV Hookup
  • Pool Features: None
  • Pool Private YN: No
  • Roof: Composition
  • Stories Total: 1
Interior Features
  • Bathrooms Total Decimal: 3.0
  • Kitchensp Featuresco Range Ovensp Gas: Yes
  • Bathrooms Total Integer: 3
  • Bedrooms Possible: 2
  • Bedrooms Total: 2
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Tile
  • Heating: Propane
  • Heating YN: Yes
  • Interior Features: No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Laundry Features: Inside
  • Spa Features: None
  • Window Features: Skylight(s), Dual Pane
  • Number of Interior Levels: 1.0
Room Information
Room Information
  • Othersp Roomsco Separatesp Workshop: Yes
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 503 West Locust Road

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Sold

ARMLS #6883178

$627,500
Jan 22, 2026

Sold (Public Record)

Public Record #1928398707

$627,500
Jan 5, 2026

In Contract

ARMLS #6883178

DateEvent & SourcePrice
02/06/2026

Sold

ARMLS #6883178

$627,500
01/22/2026

Sold (Public Record)

Public Record #1928398707

$627,500
01/05/2026

In Contract

ARMLS #6883178

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 503 West Locust Road

Taxable ValueLand$7,785Additions$33,300Total$41,085
Tax Record2025$2,634 ($220 / month)
Home Facts
Beds0Total Finished SqFt1,888 SqFtAbove Grade Finished SqFt1,888 SqFtStories1Lot Size18,295 SqFtStyleSingle Family ResidenceYear Built1994CountyGILAAPN302-40-040A

Schools near 503 West Locust Road

This home is within Payson Unified District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Payson Elementary School
PublicK to 2

Julia Randall Elementary School
Public2 to 5

Rim Country Middle School
Public6 to 8

Payson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 85541

$324,999 | 125 West Mt Ord Circle, Payson, AZ 85541
1/14

$324,999

3
Bedrooms
1,220
Square Feet
0.24
Acres
$1,395,000 | 2310 East Indian Pink Circle, Payson, AZ 85541
1/2
Contract Contingent On Buyer Sale

$1,395,000

3
Bedrooms
3,800
Square Feet
0.34
Acres
$388,888 | 300 East Phoenix Street, Payson, AZ 85541
1/38
New

$388,888

3
Bedrooms
1,853
Square Feet
0.24
Acres
$425,000 | 1402 North Alpine Heights Drive, Payson, AZ 85541
1/43
New

$425,000

2
Bedrooms
1,375
Square Feet
0.23
Acres
$649,900 | 384 Pumphouse Road, Payson, AZ 85541
1/45
New

$649,900

3
Bedrooms
1,856
Square Feet
1
Acres
$4,500,000 | 2103 North Fsr 289, Payson, AZ 85541
1/72

$4,500,000

7
Bedrooms
4
Bathrooms
3,400
Square Feet
4.58
Acres
$310,000 | 1002 West Saddle Lane, Payson, AZ 85541
1/21

$310,000

3
Bedrooms
2
Bathrooms
1,352
Square Feet
0.14
Acres
$97,000 | 16 North Star Vale Road, Unit 63, Star Valley, AZ 85541
1/33

$97,000

2
Bedrooms
960
Square Feet
Unavailable
Acres
$4,500,000 | 2097 North Forest Service Road, Payson, AZ 85541
1/73

$4,500,000

7
Bedrooms
3,400
Square Feet
4.58
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 503 West Locust Road, Payson, AZ 85541
$627,500
2
3
1,888
18,295
$160,000
2
$160,000
1,320
88,862
$254,900
2,236
27,007
1,680
17,860
$399,000
1,453
13,504

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA-Young Realty & Investment

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.