Homes/Arizona/Maricopa/40264 W Lococo St
CompCasa Property Analysis · single_family

40264 W Lococo St

Turnkey 3-Bed + Den Ranch on Huge Lot — Maricopa $322K

Updated baths, fresh paint, and a spacious 9,377 sq ft lot.

3 beds2 baths1,650 sq ftBuilt 20090.2154 acres
CompCasa valuation analysis
Estimated market value
$322,500
Low $300,000 · Midpoint $322,500 · High $345,000
Confidence65%Sales comparison approach
CompCasa estimate$322,500Mar 13, 2026
$300,000$322,500 midpoint$345,000
Price / sq ft$195
Median sale price$350,000
Avg days on market30 days
Inventory2.5 months

Estimate anchored to the listing price ($322,000) and local market context for Maricopa: typical 3-bed ranches of ~1,500–1,800 SF trade near $180–$210/sf depending on lot and updates. This range reflects +/- ~7% around list price. Verify with live comps.

About the property

Turnkey 3-Bed + Den Ranch on Huge Lot — Maricopa $322K

This single-level ranch on W Lococo Street is the kind of suburban home buyers ask for: usable spaces, low upkeep, and a large yard ready for weekend projects. On arrival you’ll notice the mature desert landscaping and a broad front yard leading to a well-maintained exterior. Inside, the floor plan flows with updated laminate plank flooring and fresh interior paint that make the space feel current without requiring immediate work. The central living area opens to the dining and kitchen for everyday living and easy entertaining.

The seller has remodeled the bathrooms recently, delivering modern fixtures and finishes that anchor the home’s updated presentation. There are three comfortable bedrooms plus a versatile den that functions perfectly as a home office, hobby room, or potential fourth bedroom. The home’s single-story layout and straightforward circulation keep daily life easy and accessible.

Out back, the property sits on a substantial 9,377 sq ft lot, providing room for RV parking, a workshop, adding a covered patio, or simply creating an expansive backyard retreat. The desert-scape maintenance keeps water needs low while still giving you a private outdoor footprint to make your own.

Location is a practical win: minutes from Banner Health services, the Maricopa Civic Center, Central Arizona College, and local shopping. Whether you’re a first-time buyer, downsizing, or an investor seeking a stable suburban rental, this home offers immediate occupancy potential with value left to be unlocked by outdoor upgrades. Schedule a showing to see how well the updates complement the generous lot and everyday livability.

Property details

A 2009 ranch on 0.22 acres.

Building

Year built2009
ConstructionWood Frame (Typical Southwestern Suburban Single Family)

Site & utilities

Lot size0.2154 acres
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesSingle-level ranch style with renovated bathrooms, updated laminate flooring, fresh interior paint; includes den convertible to 4th bedroom per seller notes.
Lot area9,377 sq ft
TopographyLevel
FrontageSuburban residential frontage on paved street (West Lococo St).
Parking notesMLS data indicates no garage flagged; photos should be verified for driveway/covered parking. Confirm on-site parking configuration.
AccessStandard residential street access; likely curb cut to driveway.
Location & nearby

Central Maricopa / West Lococo area

Researched nearby locations

Banner Health - Maricopa (approx 1.0–2.5 mi)
Central Arizona College - Maricopa campus (approx 1.5–3.0 mi)

Location

40264 W Lococo St, Maricopa, AZ 85138

View in Google Maps
Editorial neighborhood context

This section of Maricopa features low-density single-family neighborhoods with larger lots compared to many Phoenix suburbs. The area mixes newer infill and homes from the mid-to-late 2000s, with community amenities such as schools, healthcare, and local shopping a short drive away. Streets are generally quiet and family-oriented, appealing to buyers seeking a suburban lifestyle with reasonable commutes to central Phoenix.

Nearby access summary

Easy access to local parks and community centers with desert trails and open space nearby; good for outdoor hobbies, biking, and expanded backyard possibilities.

ElementaryPima Butte Elementary (approx 2.0 mi) - Rating estimate: 6/10
Middle schoolMaricopa Wells Middle School (approx 3.0 mi) - Rating estimate: 5/10
High schoolMaricopa High School (Maricopa Unified) (approx 4.0 mi) - Rating estimate: 5/10
School districtMaricopa Unified School District
Market context

A factual market snapshot around 40264 W Lococo St.

Median sale price$350,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

Maricopa remains an attractive suburb of the Phoenix metro for buyers seeking lower entry prices and larger lots. As of early 2026 the local market is balanced to slightly favor sellers for well-priced, move-in-ready homes. Median area sale prices for single-family homes are roughly in the low-to-mid $300Ks, with inventory tighter than more central Phoenix suburbs. Days on market have moderated to around 25–40 days for comparable product; well-presented single-level homes often move faster. For buyers, this listing provides a chance to secure a turnkey home with a larger-than-average lot. For investors, rents for 3-bedroom homes in Maricopa typically support a healthy gross yield relative to purchase price—confirm current rent comps before underwriting.

Zoning & land use

Likely single-family residential zoning (e.g., R1 or similar) permitting detached single-family homes; confirm with city zoning map.

Zoning

DescriptionLikely single-family residential zoning (e.g., R1 or similar) permitting detached single-family homes; confirm with city zoning map.
JurisdictionCity of Maricopa
Current useResidential

Research-indicated uses

  • Single Family Residence
  • Accessory Residential Uses Subject To Local Code
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Built in 2009, 1,650 SF, 3 beds + den, 2 baths (MLS-provided).
  • Listed at $322,000 — $195 per SF (MLS provided).
  • Large lot of ~0.22 acres (9,377 SF) in a predominantly single-family area.
  • Recent interior updates reduce immediate capital expenditure for buyers.
  • MLS indicates no HOA and no garage flagged — confirm parking configuration.
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms + den (den convertible to 4th bedroom)
  • 2 fully remodeled bathrooms
  • Laminate plank flooring throughout high-traffic areas
  • Open living / dining configuration ideal for daily living and entertaining
  • Fresh interior paint

Exterior & Lot

  • Large 9,377 sq ft lot (~0.22 acres)
  • Desert landscaping front and back for low water maintenance
  • Room for RV parking, patio expansion, or accessory improvements (verify permits)
  • Residential street with typical suburban setback

Location & Neighborhood

  • Near Banner Health facilities and Maricopa Civic Center
  • Close access to Central Arizona College - Maricopa campus
  • Suburban neighborhood with larger lots than inner-Phoenix
  • No HOA per listing

Walkability & Recreation

  • Walkability Rating: 28/100
  • Nearby parks and community amenities within a short drive
  • Easy access to regional connector (SR-347) for commutes into Phoenix
  • Neighborhood suited for walking, biking; limited retail within immediate walking distance
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing (scraped)View source
2
MLS payload (provided)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.