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Updated One-Level Townhome
New
For Sale
$135,000

5 Dulzura Way, Hot Springs Village, AR 71909

Residential, Traditional, Hot Springs Village, AR

Property Size1,014 SF
Lot Size0.04 Acres
Price / SF$133.14
Days on Market5

Property Features for 5 Dulzura Way

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Patio and Porch features Deck
Exterior features Deck, Outside Storage Area
Appliances Free-Standing Stove, Dishwasher, Disposal
Subdivision La Coruna Courts
Lot features Level
Directions From west gate, take Desoto to Barcelona, turn left follow down to Laguna Way, turn left, left on Dulzura, unit on left.
Standard status Active
Size 1,014 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Description Lot 3, Block 2
Tax Annual Amount 848
HOA Fee $208 Monthly
Legal Description Lot 3, Block 2

Building Details

Year built 1984
Floors in Building 1
Flooring type Vinyl
Roof type Composition
Architectural style Other
Additional Structures Storage
Listing Agency: CENTURY 21 H.S.V. Realty · Century 21 Real Estate
Listed By: Lisa Cates
Added: Oct 25 Changed: Oct 27 Last Checked: Oct 29 at 6:06PM
MLS# 26043006

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 1,014-square-foot townhome offers a one-level layout with two bedrooms and two bathrooms. Updates include new flooring, paint, vinyl windows, and doors. A deck provides outdoor space, with storage accessible beside the deck and beneath it. The home was built in 1984 and sits on a 0.04-acre lot.

The property is near amenities at the west gate of Hot Springs Village. A refrigerator, washer, and dryer remain with the home, along with a free-standing stove, dishwasher, and disposal.

Key Highlights

  • 1,014‑square‑foot, one‑level townhome with two bedrooms and two bathrooms
  • Updates include new flooring, paint, vinyl windows, and doors
  • Deck with exterior storage beside it and additional storage underneath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,257
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$125,140 $125.1K
Cap Rate 7%
$89,386 $89.4K
Cap Rate 9%
$69,522 $69.5K
Market Conditions
NOI Build-Up for 1,014 SF
Gross rent
$12.2K $12.00/SF
− Vacancy
−$791 −$0.78/SF
EGI
$11.4K $11.22/SF
− OpEx
−$5.1K −$5.05/SF
NOI
$6.3K $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%
$125,140
Cap Rate 7%
$89,386
Cap Rate 9%
$69,522

Alternative Uses

Best Use
Apartment 5plus
$89.4K
$78.2K – $104.3K (±1% cap)
NOI $6,257 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$185.4K
$162.3K – $216.4K (±1% cap)
NOI $12,981 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

22
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
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - The residence includes a deck, exterior storage, and a Hollywood-style bath serving residents and guests.
Where is this residential income property located?
The property is located at 5 Dulzura Way Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,014‑square‑foot, one‑level townhome with two bedrooms and two bathrooms; Updates include new flooring, paint, vinyl windows, and doors; Deck with exterior storage beside it and additional storage underneath
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