Lakefront Duplex with
For Sale
$247,900
3 Nacozari Ln, Hot Springs Village, AR 71909
Residential, Traditional, Townhouse, Hot Springs Village, AR
Property Size2,258 SF
Lot Size0.04 Acres
Price / SF$109.79
Days on Market96
Property Features for 3 Nacozari Ln
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Laundry Room, Bedroom 2, Game Room, Basement, Bedroom 1, Bathroom 2
Parking features
Assigned
Patio and Porch features
Porch, Patio
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Balcony/Loft, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Furnished, Kit Counter- Granite Slab
Exterior features
Patio, Porch, Outside Storage Area
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision
CASTELLON COURTS
Lot features
Level, In Subdivision, River/ Lake Area, Common to Lake
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
From West gate, Desoto Blvd to Left on Nacozari Ln (approx. 2.2 mi). Property on the right.
Standard status
Active
APN
200-09050-015-000
Size
2,258 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
lot 1 blk 15, Castellon Cts 1
Tax Annual Amount
1160
HOA Fee
$116 Monthly
Legal Description
lot 1 blk 15, Castellon Cts 1
Building Details
Year built
1972
Flooring type
Wood, Tile, Carpet
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Taylor Realty Group HSV
(501) 463-9506
Listed By:
Gail Quigley
(501) 226-7650
Added: Jul 15
Changed: Oct 13
Last Checked: Oct 18 at 3:06AM
MLS# 26028624
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This furnished duplex at 3 Nacozari Ln offers 2,258 square feet of interior space on a 0.04-acre lot. The residence includes three bedrooms, four bathrooms, a basement, game room, balcony or loft, breakfast bar, granite-slab kitchen counters, and an electric water heater. A patio, porch, outside storage area, and assigned parking add practical features. Furniture conveys, and the property is offered AS-IS, Where-is.
The property is positioned along Lake DeSoto in Hot Springs Village, with access to the lake and walking proximity to Waypoint Marina. The Village also provides more than 30 miles of walking and nature trails, along with 11 lakes, two marinas, nine golf courses, fitness and pool facilities, racquet sports, basketball, and more than 200 clubs.
The property is positioned along Lake DeSoto in Hot Springs Village, with access to the lake and walking proximity to Waypoint Marina. The Village also provides more than 30 miles of walking and nature trails, along with 11 lakes, two marinas, nine golf courses, fitness and pool facilities, racquet sports, basketball, and more than 200 clubs.
Key Highlights
- 2,258‑square‑foot duplex on a 0.04‑acre lot
- Three bedrooms and four bathrooms with basement and game room
- Furniture conveys with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,913
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,260
$298.3K
Cap Rate 7%
$213,043
$213.0K
Cap Rate 9%
$165,700
$165.7K
Market Conditions
NOI Build-Up for 2,258 SF
Gross rent
$23.0K $10.20/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$21.3K $9.44/SF
− OpEx
−$6.4K −$2.83/SF
NOI
$14.9K $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%
$298,260
Cap Rate 7%
$213,043
Cap Rate 9%
$165,700
Alternative Uses
Best Use
Multifamily LT 5
$213.0K
$186.4K – $248.6K
NOI $14,913 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$199.1K
$174.2K – $232.2K
NOI $13,934 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
93
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Furnished property with patio, porch, assigned parking, and direct access to Lake DeSoto.
Where is this duplex located?
The property is located at 3 Nacozari Ln Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $247,900.
What are key features of this property?
This property features: 2,258‑square‑foot duplex on a 0.04‑acre lot; Three bedrooms and four bathrooms with basement and game room; Furniture conveys with the property
