Residential Income Property with
17 Huntleigh Drive, Hot Springs, AR 71901
For Sale
$180,000
Residential, Garden, Patio Home, Townhouse, Hot Springs, AR
Property Size1,380 SF
Price / SF$130.43
Days on Market212
Property Features for 17 Huntleigh Drive
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
Middle school
High school
Directions
Standard status
Size
Taxes and HOA fees
Tax Description
HOA Fee
Legal Description
Amenities
community pool
fitness center
in-unit laundry
private deck
wood-burning fireplace
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
McGraw Realtors - HSV
(501) 922-0707
Listed By:
Dez Savoy
(617) 921-0873
Added: Apr 15
Changed: Nov 2
Last Checked: Nov 12 at 7:06AM
MLS# 26015864
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.
At 17 Huntleigh Drive in Hot Springs, this 1,380-square-foot condo has three bedrooms and two bathrooms. Interior features include custom cabinetry, a breakfast bar, granite kitchen counters, built-ins, a walk-in closet and a wood-burning fireplace. Laundry connections are provided, and the refrigerator remains with the unit. A private deck and patio add outdoor space, while assigned covered parking and storage provide additional utility. The residence was built in 1981.
The HOA covers grounds maintenance and trash service, along with access to a community pool and fitness center. The property is located in Hot Springs, Arkansas, and the listing notes proximity to dining and shopping.
The HOA covers grounds maintenance and trash service, along with access to a community pool and fitness center. The property is located in Hot Springs, Arkansas, and the listing notes proximity to dining and shopping.
Key Highlights
- Three‑bedroom, two‑bath condo totaling 1,380 square feet
- Built in 1981
- Wood‑burning fireplace, custom cabinetry, granite kitchen counters and built‑ins
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,516
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,320
$170.3K
Cap Rate 7%
$121,657
$121.7K
Cap Rate 9%
$94,622
$94.6K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$16.6K $12.00/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$15.5K $11.22/SF
− OpEx
−$7.0K −$5.05/SF
NOI
$8.5K $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%
$170,320
Cap Rate 7%
$121,657
Cap Rate 9%
$94,622
Alternative Uses
Best Use
Apartment 5plus
$121.7K
$106.5K – $141.9K
NOI $8,516 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.4K
$220.8K – $294.4K
NOI $17,666 @ 7.0% cap · market cap 9.81%
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
602
Businesses Nearby
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Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Market
Average Price Trend$/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 - A three-bedroom, two-bath residence includes shared pool and fitness amenities maintained through the HOA.
Where is this residential income property located?
The property is located at 17 Huntleigh Drive Hot Springs, AR.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bath condo totaling 1,380 square feet; Built in 1981; Wood‑burning fireplace, custom cabinetry, granite kitchen counters and built‑ins
