Gated Residential Income
New
For Sale
$195,000
603 Stagecoach Vlg, Little Rock, AR 72210
Residential, Traditional, Little Rock, AR
Property Size1,345 SF
Lot Size0.10 Acres
Price / SF$144.98
Days on Market3
Property Features for 603 Stagecoach Vlg
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Wired for Highspeed Inter
Exterior features
Patio, Guttering, Wood Fence
Fencing
Wood
Appliances
Free-Standing Stove
Subdivision
STAGECOACH VILLAGE
Lot features
Level, In Subdivision
Directions
through the gate, to the next street, take a right. unit is in the back
Standard status
Active
APN
45L-050-12-030-00
Size
1,345 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
lot 37 block 0
Tax Annual Amount
1787
Legal Description
lot 37 block 0
Amenities
gated community
community clubhouse
lawncare
Building Details
Year built
2006
Floors in Building
1
Flooring type
Tile, Wood
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty NLR · RE/MAX International
(501) 291-3841
Listed By:
Elise Petro
(501) 507-7902
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 20 at 5:06AM
MLS# 26033753
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.
Located at 603 Stagecoach Vlg in Little Rock, this patio home offers 1345 square feet with two bedrooms and two bathrooms. The residence was built in 2006 and includes an attached two-car garage, patio, wood fencing, wood and tile flooring, a walk-in closet, and a walk-in shower. Interior connections are provided for a washer and electric dryer, while the home also includes a gas water heater, ceiling fans, smoke detectors, and high-speed internet wiring.
The property is within the gated Stagecoach Village community, where residents have access to a clubhouse and provided lawncare. Updates include HVAC replacement in 2021, a new water heater in 2023, fresh paint in 2022, and new flooring in 2018. The property includes a 0.1-acre lot and a free-standing stove.
The property is within the gated Stagecoach Village community, where residents have access to a clubhouse and provided lawncare. Updates include HVAC replacement in 2021, a new water heater in 2023, fresh paint in 2022, and new flooring in 2018. The property includes a 0.1-acre lot and a free-standing stove.
Key Highlights
- 1345 square feet with 2 bedrooms and 2 bathrooms
- Attached 2‑car garage with additional storage space
- Located in gated Stagecoach Village with clubhouse access
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
$10,871
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
5.57%
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%
$217,420
$217.4K
Cap Rate 7%
$155,300
$155.3K
Cap Rate 9%
$120,789
$120.8K
Market Conditions
NOI Build-Up for 1,345 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
$21.0K $15.60/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$19.8K $14.70/SF
− OpEx
−$8.9K −$6.61/SF
NOI
$10.9K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
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%
$217,420
Cap Rate 7%
$155,300
Cap Rate 9%
$120,789
Alternative Uses
Best Use
Apartment 5plus
$155.3K
$135.9K – $181.2K
NOI $10,871 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$244.3K
$213.8K – $285.1K
NOI $17,103 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
Business Placement
Demographics for 72210, AR
16,348
Population
6,876
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
49.5 sq mi
ZIP Area
330
Density / Sq Mi
$65,765
Median Household Income
$44,781
Median Earnings
$954
Median Rent
$227,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Patio home with attached two-car garage, clubhouse access, and provided lawncare within Stagecoach Village.
Where is this residential income property located?
The property is located at 603 Stagecoach Vlg Little Rock, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1345 square feet with 2 bedrooms and 2 bathrooms; Attached 2‑car garage with additional storage space; Located in gated Stagecoach Village with clubhouse access
