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Furnished Residential Income Property
For Sale
Under Contract
$150,000

17 Troza Lane, Hot Springs Village, AR 71909

Residential, Traditional, Townhouse, Hot Springs Village, AR

Property Size1,350 SF
Price / SF$111.11
Days on Market52

Property Features for 17 Troza Lane

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Bathroom 2, Laundry Room, Bedroom 1, Bathroom 1
Patio and Porch features Patio, Deck
Exterior features Patio, Deck
Appliances Free-Standing Stove, Dishwasher, Refrigerator-Stays
Subdivision CASTELLON COURTS
Lot features Level
Elementary school Jessieville
Middle school Jessieville
High school Jessieville
Directions From West Gate to DeSoto Blvd, left on Nacozari Lane, right on Prestamista Lane to Troza Lane
Standard status Active Under Contract
Size 1,350 SF

Taxes and HOA fees

Tax Year 2025
Tax Description lot 16, block 3
Tax Annual Amount 604
HOA Fee $116 Monthly
Legal Description lot 16, block 3

Amenities

deck
patio

Building Details

Year built 1973
Floors in Building 2
Flooring type Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Taylor Realty Group HSV
Listed By: Janae Cook Richards
Added: Aug 31 Changed: Oct 19 Last Checked: Oct 21 at 10:06AM
MLS# 26035380

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 furnished residential income property offers 1,350 square feet with two bedrooms, a laundry room, vinyl flooring, and a layout that includes multiple bathrooms. Built in 1973, the home is equipped with a free-standing stove, dishwasher, and refrigerator. A composition roof completes the improvements.

Outdoor space includes both a deck and patio, with a wooded setting at 17 Troza Lane in Hot Springs Village. The property is steps from Lake Desoto and within walking distance of Waypoint Marina. It may serve as a full-time residence, weekend retreat, or investment property.

Key Highlights

  • 1,350‑square‑foot furnished townhome at 17 Troza Lane
  • Two bedrooms with laundry room and multiple bathrooms
  • Deck and patio overlooking a wooded setting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,331
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,620 $166.6K
Cap Rate 7%
$119,014 $119.0K
Cap Rate 9%
$92,567 $92.6K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$16.2K $12.00/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$15.1K $11.22/SF
− OpEx
−$6.8K −$5.05/SF
NOI
$8.3K $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%
$166,620
Cap Rate 7%
$119,014
Cap Rate 9%
$92,567

Alternative Uses

Best Use
Apartment 5plus
$119.0K
$104.1K – $138.9K (±1% cap)
NOI $8,331 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.9K
$216.0K – $288.0K (±1% cap)
NOI $17,282 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom townhome with outdoor living areas and access to Lake Desoto and Waypoint Marina.
Where is this residential income property located?
The property is located at 17 Troza Lane Hot Springs Village, 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: 1,350‑square‑foot furnished townhome at 17 Troza Lane; Two bedrooms with laundry room and multiple bathrooms; Deck and patio overlooking a wooded setting
More about this property
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