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Single Family ResidenceResidential
$237,106$118 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

540 PARKWAY DR

MARTINSVILLE, VA 24112
3
Beds
2
Baths
2,010 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1971
Year BuiltThe year the home was originally built, according to county records.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$237K
$210K low$264K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$702 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$126,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$118,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$126,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$126,500

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.49
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
83
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
82
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
67
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHenry
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Rich Acres Elementary SchoolA-
Elementary · Grades PK–5 · 3.8 mi
H
Magna Vista High SchoolD+
High · Grades 9–12 · 5.6 mi
M
Laurel Park Middle SchoolD+
Middle · Grades 6–8 · 8.5 mi

District: Henry County Public Schools

Neighborhood · ZIP 24112These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.30,634
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.200 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$48,767
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,907
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Parkway Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 87% of homes in Martinsville 24112
  • Costs more per square foot than 72% of homes in Martinsville 24112
  • Bigger than 89% of homes in Henry County
  • Newer than 65% of homes in Martinsville 24112

What homes are worth in Martinsville 24112

Each bar is how many homes fall in that price range. The marker is this home.

This home
$26K$420K

This home is worth more than 87% of homes in Martinsville 24112.

How it measures up in Martinsville 24112

The dot is this home. The mark in the middle is the typical home in Martinsville 24112.

Estimated value$237,106
CheaperTypical $118,395Pricier

Pricier than 87% of homes nearby

Price per ft²$118
CheaperTypical $92Pricier

Pricier than 72% of homes nearby

Living area2,010 ft²
SmallerTypical 1,274 ft²Bigger

Bigger than 83% of homes nearby

Year built1971
OlderTypical 1963Newer

Newer than 65% of homes nearby

How 540 Parkway Dr ranks against every home in each area.
MeasureThis homeMartinsville 24112Henry County
Estimated valuepricier than$237,10687% of homes86% of homes
Price per ft²pricier than$11872% of homes58% of homes
Living areabigger than2,010 ft²83% of homes89% of homes
Year builtnewer than197165% of homes54% of homes

About 540 Parkway Dr

How much is 540 Parkway Dr, Martinsville, VA worth?

The TopHap Estimate for 540 Parkway Dr, Martinsville, VA is $237,106 as of Aug 30, 2026. The likely range is $210,350 to $263,862. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Parkway Dr, Martinsville, VA last sell?

540 Parkway Dr, Martinsville, VA last sold on Sep 22, 1995, according to the county's recorded deed.

How big is 540 Parkway Dr, Martinsville, VA?

540 Parkway Dr, Martinsville, VA has 3 bedrooms, 2 bathrooms and 2,010 square feet of living space.

When was 540 Parkway Dr, Martinsville, VA built?

540 Parkway Dr, Martinsville, VA was built in 1971, making it 55 years old.

What schools serve 540 Parkway Dr, Martinsville, VA?

540 Parkway Dr, Martinsville, VA is assigned to Rich Acres Elementary School (elementary), rated A-; Magna Vista High School (high), rated D+; Laurel Park Middle School (middle), rated D+. All sit in Henry County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Parkway Dr, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 87% of them ($237,106 against a typical $118,395), its price per square foot is higher than 72% of them ($118 against a typical $92), it is bigger than 83% of them (2,010 ft² against a typical 1,274 ft²) and it is newer than 65% of them (1971 against a typical 1963). Measured against all of Henry County, it is worth more than 86% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Parkway Dr, Martinsville, VA?

The 2025 property tax bill for 540 Parkway Dr, Martinsville, VA was $702. The county assessed it at $126,500.

More homes on Parkway Dr

Closest homes

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Assigned schools

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