Duplex with
New
For Sale
$150,000
159C Pebble Beach Place, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,636 SF
Price / SF$91.69
Days on Market3
Property Features for 159C Pebble Beach Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Laundry Room
Parking features
Garage
Fireplace
1
Appliances
Dishwasher, Electric Range, Free-Standing Stove
Subdivision
DIAMONDHEAD
Lot features
Cul-de-sac, Golf View, In Subdivision, Level
Elementary school
Lakeside
Middle school
Lakeside
High school
Lakeside
Directions
Hwy 171 towards Diamondhead. Left on Pebble Beach Place
Standard status
Active
Size
1,636 SF
Taxes and HOA fees
Tax Description
159C Pebble Beach , Sex L1
Tax Annual Amount
835
HOA Fee
$108 Monthly
Legal Description
159C Pebble Beach , Sex L1
Building Details
Year built
1996
Floors in Building
2
Flooring type
Carpet, Tile, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
Diamondhead Realty
(501) 262-4803
Listed By:
Kathie Devilbiss · License #SA:00055938
(501) 609-5124
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 5 at 4:06AM
MLS# 26044242
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 1,636-square-foot duplex was built in 1996 and includes three bedrooms, three bathrooms, garage parking, and a fireplace. Interior finishes include tile, carpet, and vinyl flooring. The kitchen is equipped with a dishwasher and electric cooking appliances.
The property is in the Diamondhead community, with boating, golf, tennis, and pickleball among the nearby recreational options. Lake Catherine and Lake Catherine State Park are also part of the surrounding outdoor setting.
The property is in the Diamondhead community, with boating, golf, tennis, and pickleball among the nearby recreational options. Lake Catherine and Lake Catherine State Park are also part of the surrounding outdoor setting.
Key Highlights
- 1,636 square feet with three bedrooms and three bathrooms
- Built in 1996
- Garage parking and a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,805
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,100
$216.1K
Cap Rate 7%
$154,357
$154.4K
Cap Rate 9%
$120,056
$120.1K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$16.7K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$15.4K $9.44/SF
− OpEx
−$4.6K −$2.83/SF
NOI
$10.8K $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%
$216,100
Cap Rate 7%
$154,357
Cap Rate 9%
$120,056
Alternative Uses
Best Use
Multifamily LT 5
$154.4K
$135.1K – $180.1K
NOI $10,805 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$144.2K
$126.2K – $168.3K
NOI $10,096 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$299.2K
$261.8K – $349.1K
NOI $20,943 @ 7.0% cap · market cap 13.96%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
22
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Garage parking, three bedrooms, and three bathrooms provide a practical residential layout.
Where is this duplex located?
The property is located at 159C Pebble Beach Place Hot Springs, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,636 square feet with three bedrooms and three bathrooms; Built in 1996; Garage parking and a fireplace
