Clarendon, Arkansas is a small village with a population of around 1,500 residents. There are several pros and cons to consider when purchasing property in Clarendon.

Pros:
- Affordable real estate: The cost of living and property values in Clarendon are lower compared to larger cities, making it an affordable place to invest in a property.
- Quiet and peaceful living: Clarendon is a small and rural community, so you can enjoy a quiet and peaceful living away from the hustle and bustle of a big city.
- Outdoor activities: Clarendon is in close proximity to the White River National Wildlife Refuge, which offers opportunities for outdoor activities such as hunting, fishing, and wildlife viewing.
- Historical landmarks: The village is home to several historical landmarks, including the Central Delta Depot Museum and the Confederate Memorial.

Cons:
- Limited job opportunities: Clarendon is a small village, so job opportunities are limited, and you may need to commute to nearby towns for work.
- Lack of amenities: As a small village, there are limited shopping and dining options in Clarendon. You may need to travel to nearby towns for basic amenities and services.
- Natural disasters: Clarendon is in a region that is prone to natural disasters such as floods and tornadoes, which can affect the safety and value of your property.

Overall, Clarendon offers an affordable and peaceful living environment with access to outdoor activities and historical landmarks. However, limited job opportunities, lack of amenities, and natural disasters are factors to consider when buying a property in this village.