Updated 2-Bedroom Townhome with
3 La Canada Circle Hot Springs Village, AR 71909
For Sale
Under Contract
$239,900
CONDOS - Hot Springs Village, AR
Property Size1,412 SF
Price / SF$169.90
Days on Market31
Property Features for 3 La Canada Circle
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bonus Room, Bedroom 2
Parking features
Garage
Patio and Porch features
Patio
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Ceiling Fan(s), Walk-in Shower
Exterior features
Patio, Guttering
Appliances
Microwave, Electric Range, Dishwasher, Disposal
Standard status
Active Under Contract
APN
200-57750-004-000
Size
1,412 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 4, Block 1, Segovia Courts
Tax Annual Amount
1338
Building Details
Year built
1983
Floors in Building
1
Flooring type
Carpet, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX of Hot Springs Village
(501) 922-3777
Listed By:
Patricia Bollier · License #SA00062457
(501) 425-0134
Added: Jun 27
Changed: Jul 26
Last Checked: Jul 27 at 11:06AM
MLS# 26026087
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 beautifully updated, move-in ready townhome offers 2 bedrooms and 2 bathrooms with a spacious living area featuring vaulted ceilings and a split-bedroom floor plan. A versatile bonus room provides flexible space for a home office or hobby area. The property includes a rare enclosed garage for secure parking and additional storage, plus a freshly painted deck for enjoying peaceful lake views. Recent improvements include a new roof (2024), new stainless kitchen appliances, updated blinds, and updated plumbing and lighting fixtures throughout. The washer, dryer, refrigerator, and a bar with four stools convey, and some furnishings may be available for purchase separately.
Located in the Segovia Courts neighborhood of Hot Springs Village, the home is about 1.3 miles from the West Gate. Walking trails and kayak access are described as just steps away, with convenient access to shopping, dining, and local amenities within Hot Springs Village.
A floor plan and Sellers Disclosure are available in the associated documents.
Located in the Segovia Courts neighborhood of Hot Springs Village, the home is about 1.3 miles from the West Gate. Walking trails and kayak access are described as just steps away, with convenient access to shopping, dining, and local amenities within Hot Springs Village.
A floor plan and Sellers Disclosure are available in the associated documents.
Key Highlights
- Move‑in ready 2‑bedroom, 2‑bath townhome in Segovia Courts (Hot Springs Village)
- New roof in 2024; updated plumbing and lighting fixtures throughout
- Vaulted‑ceiling living area with split‑bedroom layout and a bonus room for office or hobby use
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.9k | $12.00 |
| − Vacancy | −$1.1k | −$0.78 |
| EGI | $15.8k | $11.22 |
| − OpEx | −$7.1k | −$5.05 |
| NOI | $8.7k | $6.17 |
1,412 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$124.5K
$108.9K – $145.2K
NOI $8,713 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.2K
$226.0K – $301.3K
NOI $18,076 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Move-in ready townhome with split-bedroom layout, bonus room, enclosed garage, and recent updates including a 2024 roof.
Where is this single family property located?
The property is located at 3 La Canada Circle Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Move‑in ready 2‑bedroom, 2‑bath townhome in Segovia Courts (Hot Springs Village); New roof in 2024; updated plumbing and lighting fixtures throughout; Vaulted‑ceiling living area with split‑bedroom layout and a bonus room for office or hobby use
