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Lakefront Residential Income Property
For Sale
$299,000

1201 Airport Rd, Hot Springs, AR 71913

Residential, Traditional, Townhouse, Hot Springs, AR

Property Size1,200 SF
Price / SF$249.17
Days on Market262

Property Features for 1201 Airport Rd

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features Assigned, Carport
Patio and Porch features Patio
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Ceiling Fan(s)
Exterior features Patio
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal
Subdivision Metes & Bounds
Lot features Sloped, Resort Property, Wooded, Cleared, Extra Landscaping, In Subdivision, River/ Lake Area, Lake View, Lake Front, Down Slope, Common to Lake
Elementary school Hot Springs
Middle school Hot Springs
High school Hot Springs
Directions Orange to R on Central to R on Grand to Albert Pike to L on Airport past bypass to 1201 on L.
Standard status Active
APN 400-68650-002-000
Size 1,200 SF

Taxes and HOA fees

Tax Year 2022
Tax Description BLK 00A LOT 002 STR 14-03S-20W
Tax Annual Amount 1171
HOA Fee $225 Monthly
Legal Description BLK 00A LOT 002 STR 14-03S-20W

Utilities

Water front 1

Amenities

covered boat slip
lake views
dock access

Building Details

Year built 1981
Floors in Building 2
Flooring type Carpet, Tile
Roof type Shingle
Architectural style Other
Listing Agency: Rix Realty Advantage Team Realtors
Listed By: Stephen Inman-Crawley · License #SA00076751
Added: Jan 16 Changed: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# 26002692

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 two-level townhouse condo has 1,200 square feet, with an open living and dining area, kitchen, and half bath on the main floor. Two bedrooms and a full bath are upstairs. The property also has a patio, fireplace, assigned carport parking, and a covered boat slip with dock access.

Set on Lake Hamilton at 1201 Airport Road in Hot Springs, the condo has lake views and is near dining, shopping, and Oaklawn. Built in 1981, it includes a dishwasher, microwave, stove, and electric range.

Key Highlights

  • Two‑bedroom, 1.5‑bath townhouse condo with 1,200 square feet
  • Lake Hamilton frontage, lake views, and dock access
  • Covered boat slip

Property Analytics

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Current Use

CiTrust ECO Disinfecting (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm HVAC Service Plumbing Service Furniture & Home Goods Kitchen & Bath Showroom Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Two bedrooms occupy the upper level, with an open living and dining area below.
Where is this residential income property located?
The property is located at 1201 Airport Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑bedroom, 1.5‑bath townhouse condo with 1,200 square feet; Lake Hamilton frontage, lake views, and dock access; Covered boat slip
More about this property
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