Home For Sale In Hot Springs, Arkansas

house for sale

Listed: 04/19/24

134 Waterside Lane, Hot Springs, AR 71913, USA

17 Bed:

9,470 Sq Ft Living Area:

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Price

$ 1,38M

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About This House

Very rare opportunity to own a 14 unit motel on Lake Hamilton! This one acre lake property boasts 14 charming rental units, along with a unique, historic home built in 1898! This former apartment complex has been totally revamped into a charming short term rental complex. The current owner has made lots of updates throughout the property to meet current short term rental codes. STR permits have been obtained for each of the units. A brand new fire suppression system has been installed throughout the facility. The property has private boat ramp, and Entergy has approved construction of additional boat slips. There is potential to add lots of additional value by remodeling the home and/or constructing additional rental units on the property.

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Houses for sale in Hot Springs

Original listing

Hot Springs Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Apr 2024	$179,855 (0%)
Mar 2024	$179,855 (0%)
Feb 2024	$179,855 (0%)
Jan 2024	$179,855 (+38.4%)
Dec 2023	$129,976 (-7.6%)
Nov 2023	$140,689 (0%)

In April 2024, the asking price for 2 bed houses for sale in/near Hot Springs, United States averaged $179,855, staying on the same level compared to the previous month.

Median price trends for properties for sale in Hot Springs, United States as of April 2024.

Household Income

Median household income: $32,066

Number of households: 15,559

The average household income in Hot Springs, AR grew from $30,736 to $32,066 in the past year. This data is an estimate based upon 15,559 households in Hot Springs, AR.
The chart below presents how household income is distributed in Hot Springs, AR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hot Springs, AR compared to median property taxes around the country. The prevalent amount of property taxes in Hot Springs, AR equals <$800 , which is more than the national average.