Updated Residential Income
For Sale
$123,000
141 LaVista Lane, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,028 SF
Price / SF$119.65
Days on Market141
Property Features for 141 LaVista Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Great Room
Patio and Porch features
Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Furnished, Wired for Highspeed Inter
Exterior features
Deck
Appliances
Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision
Desoto Courts
Lot features
Level, Cul-de-sac, In Subdivision
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
Desoto Blvd to Emperado Way
Standard status
Active
Size
1,028 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
Lot 141 Block 2 Desoto Cts#2
Tax Annual Amount
660
HOA Fee
$116 Monthly
Legal Description
Lot 141 Block 2 Desoto Cts#2
Building Details
Year built
1971
Floors in Building
2
Flooring type
Laminate
Roof type
Composition
Architectural style
Other
Listing Agency:
Hot Springs Village Real Estate
(501) 922-5252
Listed By:
Deb Seibert
(501) 922-7169
Added: May 21
Changed: Oct 5
Last Checked: Oct 8 at 7:06AM
MLS# 26020503
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 1,028-square-foot residential income property at 141 LaVista Lane is a two-bedroom, one-and-a-half-bath townhome built in 1971. The layout includes a great room, walk-in closet, electric water heater, washer and dryer connections, ceiling fans, and high-speed internet wiring. The home is furnished and includes a refrigerator, electric range, microwave, dishwasher, disposal, and pantry. Laminate flooring, a composition roof, and a rear deck add to the existing improvements.
The property is situated in the Desoto Recreation neighborhood of Hot Springs Village, with walkable access to Desoto Club, Desoto Golf Course, pickleball courts, an outdoor pool, mini golf, and a walking trail. Recent work includes a roof replacement, luxury vinyl plank flooring at the entry level, updated lighting, replacement electrical outlets, a water tap on the back porch, a new deck gutter, and a new ceiling fan at the entry level.
The property is situated in the Desoto Recreation neighborhood of Hot Springs Village, with walkable access to Desoto Club, Desoto Golf Course, pickleball courts, an outdoor pool, mini golf, and a walking trail. Recent work includes a roof replacement, luxury vinyl plank flooring at the entry level, updated lighting, replacement electrical outlets, a water tap on the back porch, a new deck gutter, and a new ceiling fan at the entry level.
Key Highlights
- 1,028 SF two‑bedroom, 1.5‑bath townhome
- Built in 1971 with a composition roof
- Recent roof, flooring, lighting, electrical outlet, gutter, and ceiling fan updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,344
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,880
$126.9K
Cap Rate 7%
$90,629
$90.6K
Cap Rate 9%
$70,489
$70.5K
Market Conditions
NOI Build-Up for 1,028 SF
Gross rent
$12.3K $12.00/SF
− Vacancy
−$802 −$0.78/SF
EGI
$11.5K $11.22/SF
− OpEx
−$5.2K −$5.05/SF
NOI
$6.3K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,880
Cap Rate 7%
$90,629
Cap Rate 9%
$70,489
Alternative Uses
Best Use
Apartment 5plus
$90.6K
$79.3K – $105.7K
NOI $6,344 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$188.0K
$164.5K – $219.3K
NOI $13,160 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom townhome with recent interior and exterior improvements near recreation amenities in Hot Springs Village.
Where is this residential income property located?
The property is located at 141 LaVista Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $123,000.
What are key features of this property?
This property features: 1,028 SF two‑bedroom, 1.5‑bath townhome; Built in 1971 with a composition roof; Recent roof, flooring, lighting, electrical outlet, gutter, and ceiling fan updates
