Residential Income Property with
113 Mountain Terrace Circle, Maumelle, AR 72113
For Sale
New
$259,900
Residential, Contemporary, Traditional, Maumelle, AR
Property Size1,428 SF
Lot Size0.09 Acres
Price / SF$182
Days on Market3
Property Features for 113 Mountain Terrace Circle
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Amenities
pool
community room
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
Arkansas Property Management & Real Estate
(501) 851-7771
Listed By:
Stephanie Hurst
(501) 413-0253
Added: Nov 5
Last Checked: Nov 7 at 7:06AM
MLS# 26044517
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 1,428-square-foot residential unit, built in 2006, has wood flooring, tile in wet areas, and granite kitchen counters. Recent interior updates include fresh neutral paint and added lighting. The kitchen has a walk-in pantry, and the home offers additional closet storage. A two-car garage provides vehicle parking and storage; a patio and porch extend the living area. The refrigerator, washer, and dryer stay with the property.
The HOA covers exterior maintenance, including the roof, lawn care, siding, and termite service. Residents also have access to a neighborhood pool and community room. The water heater dates to 2024, and the HVAC system was installed in 2019.
The HOA covers exterior maintenance, including the roof, lawn care, siding, and termite service. Residents also have access to a neighborhood pool and community room. The water heater dates to 2024, and the HVAC system was installed in 2019.
Key Highlights
- 1,428 square feet on a 0.09‑acre lot
- Two‑car garage plus additional storage
- HOA covers roof, lawn care, siding, and termite service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,743
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860
$214.9K
Cap Rate 7%
$153,471
$153.5K
Cap Rate 9%
$119,367
$119.4K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$20.7K $14.52/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$19.5K $13.68/SF
− OpEx
−$8.8K −$6.16/SF
NOI
$10.7K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860
Cap Rate 7%
$153,471
Cap Rate 9%
$119,367
Alternative Uses
Best Use
Apartment 5plus
$153.5K
$134.3K – $179.1K
NOI $10,743 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.4K
$238.3K – $317.8K
NOI $19,067 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
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Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Pulaski County, AR
Properties on Market for Residential income properties in Pulaski County
Frequently Asked Questions
What type of property is this?
Residential income property - Granite counters, wood flooring, and a two-car garage complement a refreshed interior with appliances included.
Where is this residential income property located?
The property is located at 113 Mountain Terrace Circle Maumelle, AR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1,428 square feet on a 0.09‑acre lot; Two‑car garage plus additional storage; HOA covers roof, lawn care, siding, and termite service
