Lake-Access
For Sale
$330,000
108 Eagle View Court, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,500 SF
Lot Size0.04 Acres
Price / SF$220
Days on Market22
Property Features for 108 Eagle View Court
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Laundry Room
Parking features
Open, Garage
Patio and Porch features
Patio, Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Window Treatments, Balcony/Loft, Ceiling Fan(s), Breakfast Bar
Exterior features
Patio, Deck, Guttering, Lawn Sprinkler, Video Surveillance
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Gas Range, Dishwasher, Pantry, Refrigerator-Stays
Subdivision
MAJESTIC LAKE VILLAGE HPR
Lot features
Sloped, Level, Cleared, In Subdivision, Mountain View, Lake View, Common to Lake
Directions
Take Airport RD to Majestic Lodge RD, follow Majestic Lodge RD to right on McDonald Loop, to left on Glen Eagle to left Eagle View CT, enter through the first gate (upper) to the 4th home on the right.
Standard status
Active
Size
1,500 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Block/Lot:000/016
Tax Annual Amount
1808
HOA Fee
$150 Monthly
Legal Description
Block/Lot:000/016
Utilities
Water front features
Lake
Water front
1
Building Details
Year built
2002
Floors in Building
2
Flooring type
Tile, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
Trademark Real Estate, Inc.
(501) 318-3200
Listed By:
Jan Culp · License #SA00074312
(870) 315-2009
Added: Aug 12
Changed: Sep 1
Last Checked: Sep 2 at 12:06AM
MLS# 26032950
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,500-square-foot duplex, built in 2002, offers a residential configuration with an open-concept interior, three bathrooms, two bedrooms, a laundry room, and a breakfast bar. Interior features include balconies or loft space, ceiling fans, window treatments, carpet and tile flooring, and a fireplace. The kitchen is equipped with a gas range, free-standing stove, microwave, dishwasher, pantry, and refrigerator. Washer and dryer connections are provided, and select appliances remain.
Set on 0.04 acres in a gated community in Hot Springs, the property includes lake waterfront features and access to outdoor areas suited to enjoying the surrounding setting. Exterior improvements include a patio, deck, lawn sprinkler system, gutters, and video surveillance. Parking consists of a garage and open spaces.
Set on 0.04 acres in a gated community in Hot Springs, the property includes lake waterfront features and access to outdoor areas suited to enjoying the surrounding setting. Exterior improvements include a patio, deck, lawn sprinkler system, gutters, and video surveillance. Parking consists of a garage and open spaces.
Key Highlights
- Lake waterfront setting in a gated community
- 1,500 square feet on 0.04 acres
- Built in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,907
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$198,140
$198.1K
Cap Rate 7%
$141,529
$141.5K
Cap Rate 9%
$110,078
$110.1K
Market Conditions
NOI Build-Up for 1,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.3K $10.20/SF
− Vacancy
−$1.1K −$0.77/SF
EGI
$14.2K $9.44/SF
− OpEx
−$4.2K −$2.83/SF
NOI
$9.9K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$198,140
Cap Rate 7%
$141,529
Cap Rate 9%
$110,078
Alternative Uses
Best Use
Multifamily LT 5
$141.5K
$123.8K – $165.1K
NOI $9,907 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$132.2K
$115.7K – $154.3K
NOI $9,257 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$274.3K
$240.0K – $320.0K
NOI $19,202 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex residence with balconies, outdoor entertaining areas, and lake access in a gated community.
Where is this duplex located?
The property is located at 108 Eagle View Court Hot Springs, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Lake waterfront setting in a gated community; 1,500 square feet on 0.04 acres; Built in 2002
