Two-Bedroom Residential Income
For Sale
Under Contract
$149,900
21 Sandalo Lane, Hot Springs Village, AR 71909
Residential, Traditional, Hot Springs Village, AR
Property Size1,206 SF
Price / SF$124.30
Days on Market11
Property Features for 21 Sandalo Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Assigned
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Exclusions (see remarks), Ceiling Fan(s), Walk-in Shower
Appliances
Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
Subdivision
VALENCIA COURTS
Lot features
Level, In Subdivision
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
From West Gate head East on Desoto Boulevard; at 4 way stop sign, left onto Callela, right onto Barcelona, right onto Lonjeta Lane, right onto Sandalo, 21 Sandalo on the left.
Standard status
Active Under Contract
Size
1,206 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 10, Block 3, La Coruna
Tax Annual Amount
888
HOA Fee
$116 Monthly
Legal Description
Lot 10, Block 3, La Coruna
Building Details
Year built
1984
Floors in Building
1
Flooring type
Carpet, Tile
Roof type
Shingle
Architectural style
Other
Additional Structures
See Remarks
Listing Agency:
RE/MAX of Hot Springs Village · RE/MAX International
(501) 922-3777
Listed By:
Patricia Bollier
(501) 425-0134
Added: Oct 11
Changed: Oct 19
Last Checked: Oct 21 at 10:06AM
MLS# 26041231
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 1,206-square-foot townhome in La Coruna Courts has two bedrooms and 1.5 bathrooms. Built in 1984, it is offered mostly furnished and includes an Arkansas Room facing a wooded setting, plus a separate 6' x 8' owner’s closet. Assigned parking is provided.
The property is on the West End of Hot Springs Village, near shopping, dining, golf courses, and community amenities. Improvements include a roof and carpet replaced in 2023, appliances updated in 2025, and a water heater and plumbing replaced in 2018.
The property is on the West End of Hot Springs Village, near shopping, dining, golf courses, and community amenities. Improvements include a roof and carpet replaced in 2023, appliances updated in 2025, and a water heater and plumbing replaced in 2018.
Key Highlights
- 1,206‑square‑foot townhome with 2 bedrooms and 1.5 bathrooms
- 6' x 8' owner’s closet in addition to the Arkansas Room
- Roof and carpet replaced in 2023; appliances updated in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,442
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,840
$148.8K
Cap Rate 7%
$106,314
$106.3K
Cap Rate 9%
$82,689
$82.7K
Market Conditions
NOI Build-Up for 1,206 SF
Gross rent
$14.5K $12.00/SF
− Vacancy
−$941 −$0.78/SF
EGI
$13.5K $11.22/SF
− OpEx
−$6.1K −$5.05/SF
NOI
$7.4K $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%
$148,840
Cap Rate 7%
$106,314
Cap Rate 9%
$82,689
Alternative Uses
Best Use
Apartment 5plus
$106.3K
$93.0K – $124.0K
NOI $7,442 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.6K
$193.0K – $257.3K
NOI $15,439 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The townhome is mostly furnished and includes an Arkansas Room with views of a wooded setting.
Where is this residential income property located?
The property is located at 21 Sandalo Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1,206‑square‑foot townhome with 2 bedrooms and 1.5 bathrooms; 6' x 8' owner’s closet in addition to the Arkansas Room; Roof and carpet replaced in 2023; appliances updated in 2025
