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Lakeside Duplex Property
For Sale
$475,000

1139 Twin Points, Hot Springs, AR 71913

Residential, Bungalow/Cottage, Hot Springs, AR

Property Size2,110 SF
Price / SF$225.12
Days on Market55

Property Features for 1139 Twin Points

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Basement, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Parking features Garage
Fireplace 1
Appliances Dishwasher, Disposal
Subdivision Sutton Place HPR
Lot features Resort Property, Lake View, Lake Front, Waterfront
Directions From HSBOR- Turn right onto Central Ave. and then right onto Higdon Ferry right onto Twin Points Rd. Turn Left into Sutton Place
Standard status Active
Size 2,110 SF

Taxes and HOA fees

Tax Description OOC / 1139C
Tax Annual Amount 4073
HOA Fee $195 Monthly
Legal Description OOC / 1139C

Utilities

Water front 1

Amenities

patio
covered boat slip

Building Details

Year built 1930
Floors in Building 1
Flooring type Wood, Tile
Roof type Composition
Architectural style Bungalow
Listing Agency: The Goff Group Real Estate Company
Listed By: David Hall · License #PB00072119
Added: Aug 24 Changed: Oct 13 Last Checked: Oct 17 at 2:06AM
MLS# 26034449

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 duplex property is positioned along Lake Hamilton at 1139 Twin Points in Hot Springs. The residence includes three bedrooms, an open kitchen, living, and dining arrangement, wood and tile flooring, a fireplace, and an updated interior. Dishwasher and disposal appliances are included.

Outdoor features include a patio oriented toward the lake, a covered boat slip, and a two-car garage. The property was built in 1930 and has a composition roof. Its bungalow architectural style and waterfront setting provide a distinct residential configuration within the Hot Springs market.

Key Highlights

  • Lake Hamilton waterfront setting at 1139 Twin Points, Hot Springs, AR 71913
  • Three‑bedroom residential property with an updated interior
  • Covered boat slip included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,935
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,700 $278.7K
Cap Rate 7%
$199,071 $199.1K
Cap Rate 9%
$154,833 $154.8K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$21.5K $10.20/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$19.9K $9.44/SF
− OpEx
−$6.0K −$2.83/SF
NOI
$13.9K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,700
Cap Rate 7%
$199,071
Cap Rate 9%
$154,833

Alternative Uses

Best Use
Multifamily LT 5
$199.1K
$174.2K – $232.3K (±1% cap)
NOI $13,935 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$186.0K
$162.8K – $217.0K (±1% cap)
NOI $13,021 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$385.9K
$337.6K – $450.2K (±1% cap)
NOI $27,011 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Hair Salon Electrical Service Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Waterfront residential property with an updated interior, covered boat slip, patio, and garage.
Where is this duplex located?
The property is located at 1139 Twin Points Hot Springs, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Lake Hamilton waterfront setting at 1139 Twin Points, Hot Springs, AR 71913; Three‑bedroom residential property with an updated interior; Covered boat slip included
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