Updated Townhome for Residential
New
For Sale
$117,500
144 La Vista Lane, Hot Springs Village, AR 71909
CONDOS - Hot Springs Village, AR
Property Size1,350 SF
Lot Size0.03 Acres
Price / SF$87.04
Days on Market3
Property Features for 144 La Vista Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Den
Appliances
Microwave, Electric Range, Dishwasher, Refrigerator-Stays
Subdivision
Desoto Courts #2
Lot features
Level
Directions
From DeSoto Blvd turn left onto Emperado Way then turn left onto La Vista Ln.
Special listing conditions
Short Sale
Standard status
Active
Size
1,350 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
Lot 144, Block 2
Tax Annual Amount
184
HOA Fee
$87 Monthly
Legal Description
Lot 144, Block 2
Building Details
Year built
1971
Floors in Building
2
Flooring type
Carpet, Tile, Laminate
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty · RE/MAX International
(501) 291-3841
Listed By:
Brandon Bruning · License #SA76330-D01
(479) 857-5994
Added: Jul 29
Last Checked: Jul 31 at 1:06AM
MLS# 26030740
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 updated 3-bedroom, 2-bath townhome offers a spacious interior with durable LVP flooring throughout, an updated kitchen, and plenty of storage space. The home is described as low-maintenance, supported by recent updates and a practical, easy-to-maintain layout.
The property is located in Hot Springs Village and is positioned next to the DeSoto Golf Course, with Lake Desoto just moments away. The listing presents the opportunity as a short sale, with offers subject to bank approval.
With a compact lot size and a townhome configuration, this residence is presented as a versatile option for full-time living, a weekend getaway, or a residential income use, subject to buyer and lender requirements.
The property is located in Hot Springs Village and is positioned next to the DeSoto Golf Course, with Lake Desoto just moments away. The listing presents the opportunity as a short sale, with offers subject to bank approval.
With a compact lot size and a townhome configuration, this residence is presented as a versatile option for full-time living, a weekend getaway, or a residential income use, subject to buyer and lender requirements.
Key Highlights
- Updated 3‑bedroom, 2‑bath townhome
- Built in 1971 with a composition roof
- Kitchen includes microwave, electric range, dishwasher, and refrigerator stays
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.8k | $10.20 |
| − Vacancy | −$1.0k | −$0.77 |
| EGI | $12.7k | $9.44 |
| − OpEx | −$3.8k | −$2.83 |
| NOI | $8.9k | $6.60 |
1,350 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$127.4K
$111.5K – $148.6K
NOI $8,916 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$119.0K
$104.1K – $138.9K
NOI $8,331 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$246.9K
$216.0K – $288.0K
NOI $17,282 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated 3-bedroom, 2-bath townhome with LVP flooring and an updated kitchen in a low-maintenance layout.
Where is this duplex located?
The property is located at 144 La Vista Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $117,500.
What are key features of this property?
This property features: Updated 3‑bedroom, 2‑bath townhome; Built in 1971 with a composition roof; Kitchen includes microwave, electric range, dishwasher, and refrigerator stays
