Remodeled Residential Income Property with Boat
1117 Twin Points, Hot Springs, AR 71913
For Sale
New
$277,900
Residential, Hot Springs, AR
Property Size1,324 SF
Price / SF$209.89
Days on Market6
Property Features for 1117 Twin Points
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Water front
Amenities
covered boat slip with lift
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
Southern Homes Realty - Hot Springs
(501) 760-0015
Listed By:
Julie Copley
(901) 417-1678
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 9 at 9:06AM
MLS# 26044628
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.
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Investment Insights
Based on property information with market context.
This 1,324-square-foot residential income property was built in 1969 and has been remodeled. The home includes two bedrooms, two bathrooms, a great room, walk-in closet, and walk-in shower. The kitchen features granite countertops, a built-in stove, dishwasher, microwave, and refrigerator; the washer and dryer also stay. Carpet and vinyl flooring are installed, and the home has a patio and composition roof.
A covered boat slip with a lift is included, along with a boat dock. The living room opens to the outdoors through 12-foot sliding glass doors.
A covered boat slip with a lift is included, along with a boat dock. The living room opens to the outdoors through 12-foot sliding glass doors.
Key Highlights
- Covered boat slip with lift
- 1,324 square feet with two bedrooms and two bathrooms
- Remodeled kitchen with granite countertops and built‑in appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,170
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,400
$163.4K
Cap Rate 7%
$116,714
$116.7K
Cap Rate 9%
$90,778
$90.8K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$15.9K $12.00/SF
− Vacancy
−$1.0K −$0.78/SF
EGI
$14.9K $11.22/SF
− OpEx
−$6.7K −$5.05/SF
NOI
$8.2K $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%
$163,400
Cap Rate 7%
$116,714
Cap Rate 9%
$90,778
Alternative Uses
Best Use
Apartment 5plus
$116.7K
$102.1K – $136.2K
NOI $8,170 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$242.1K
$211.9K – $282.5K
NOI $16,949 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
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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
$179,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Hot Springs, AR
Properties on Market for Residential income properties in Hot Springs
Frequently Asked Questions
What type of property is this?
Residential income property - The updated kitchen includes granite counters, a full appliance set, and a refrigerator that stays with the home.
Where is this residential income property located?
The property is located at 1117 Twin Points Hot Springs, AR.
What is the asking price?
The asking price for this property is $277,900.
What are key features of this property?
This property features: Covered boat slip with lift; 1,324 square feet with two bedrooms and two bathrooms; Remodeled kitchen with granite countertops and built‑in appliances
