Two-Bedroom Residential
New
For Sale
$154,900
1100 Woodlawn Avenue, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size983 SF
Price / SF$157.58
Days on Market3
Property Features for 1100 Woodlawn Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
Assigned, Carport
Patio and Porch features
Patio
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Kit Counter- Granite Slab
Exterior features
Patio, Outside Storage Area, Inground Pool, Guttering
Fireplace
1
Appliances
Microwave, Electric Range, Dishwasher, Pantry, Refrigerator-Stays, Ice Maker Connection
Subdivision
WILLOWBROOK TERRACE HPR
Lot features
Level, Extra Landscaping, In Subdivision
Elementary school
Hot Springs
Middle school
Hot Springs
High school
Hot Springs
Directions
South on Central Ave. (Hwy. 7 South) toright Higdon Ferry to right on Woodlawn to condos at end of Woodlawn - "K" (unit #60)building on on left.
Standard status
Active
Size
983 SF
Taxes and HOA fees
Tax Description
Willowbrook Terr. HPR Ph. III,
Tax Annual Amount
832
HOA Fee
$275 Monthly
Legal Description
Willowbrook Terr. HPR Ph. III,
Amenities
granite counter tops
stainless appliances
covered patio
outdoor storage
community pool
walking trail
park area
Building Details
Year built
2005
Floors in Building
1
Flooring type
Vinyl, Tile, Carpet
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Trademark Real Estate, Inc.
(501) 318-3200
Listed By:
Mary Currey · License #SA00051902
(501) 617-3537
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 5:06AM
MLS# 26040453
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 983-square-foot residential condo has two bedrooms and two bathrooms, with ground-level access. The kitchen features granite countertops, stainless appliances, a pantry, and an electric range. The primary suite includes two walk-in closets and a tiled walk-in shower. Vinyl, tile, and carpet flooring are present, and the home includes a fireplace, washer and dryer, window treatments, and an outdoor storage area.
A covered patio overlooks the yard and surrounding forest. Community amenities include an inground pool, a paved walking trail, a park area, and maintained grounds. The property is located in Hot Springs near Oaklawn Racing Casino Resort, dining options, and medical facilities.
A covered patio overlooks the yard and surrounding forest. Community amenities include an inground pool, a paved walking trail, a park area, and maintained grounds. The property is located in Hot Springs near Oaklawn Racing Casino Resort, dining options, and medical facilities.
Key Highlights
- 983 square feet with two bedrooms and two bathrooms
- Ground‑level condo built in 2005
- Granite kitchen countertops and stainless appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,066
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$121,320
$121.3K
Cap Rate 7%
$86,657
$86.7K
Cap Rate 9%
$67,400
$67.4K
Market Conditions
NOI Build-Up for 983 SF
Gross rent
$11.8K $12.00/SF
− Vacancy
−$767 −$0.78/SF
EGI
$11.0K $11.22/SF
− OpEx
−$5.0K −$5.05/SF
NOI
$6.1K $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%
$121,320
Cap Rate 7%
$86,657
Cap Rate 9%
$67,400
Alternative Uses
Best Use
Apartment 5plus
$86.7K
$75.8K – $101.1K
NOI $6,066 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.8K
$157.3K – $209.7K
NOI $12,584 @ 7.0% cap · market cap 8.12%
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
143
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Ground-level living includes a covered patio, assigned carport parking, and access to a community pool.
Where is this residential income property located?
The property is located at 1100 Woodlawn Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: 983 square feet with two bedrooms and two bathrooms; Ground‑level condo built in 2005; Granite kitchen countertops and stainless appliances
