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Furnished End-Unit Townhome

53 Halcon Place, Hot Springs Village, AR 71909

For Sale
$149,000

Residential, Traditional, Hot Springs Village, AR

Property Size1,402 SF
Price / SF$106.28
Days on Market214

Property Features for 53 Halcon Place

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bonus Room
Patio and Porch features Deck
Interior features Ceiling Fan(s), Dryer Connection-Electric, Walk-in Shower, Washer Connection, Water Heater-Electric
Exterior features Deck
Appliances Dishwasher, Disposal, Free-Standing Stove, Ice Maker Connection, Microwave
Subdivision Madrid Courts
Lot features In Subdivision
Elementary school Jessieville
Middle school Jessieville
High school Jessieville
Directions From West Gate, Desoto to Left on Calella, right on Santa Maria Rd, and right on Halcon Place
Standard status Active
Size 1,402 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 1, Block 8, Madrid Courts
Tax Annual Amount 951
HOA Fee $100 Monthly
Legal Description Lot 1, Block 8, Madrid Courts

Amenities

championship golf courses
lakes
marinas
pickleball
tennis
hiking and biking trails
fitness facilities
restaurants

Building Details

Year built 1976
Floors in Building 2
Flooring type Carpet, Tile, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Taylor Realty Group HSV
Listed By: Janae Cook Richards
Added: Apr 10 Changed: Nov 2 Last Checked: Nov 9 at 6:06AM
MLS# 26014219

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.

Move-in ready and fully furnished, this updated end-unit townhouse offers 3 bedrooms and 2 bathrooms with flexible living across two levels. The main level includes an open living and dining area with natural light, along with direct access to a private deck overlooking the trees. A main-level bedroom and full bath provide convenient single-level living. Downstairs, you’ll find two additional bedrooms, a full bath, a laundry area, and a versatile bonus room that can support a home office, hobby room, fitness space, or extra storage. A second private deck is accessible from the lower-level bedroom.

Located in Hot Springs Village, AR (Garland County), the home is set in a peaceful, wooded setting and offers access to community amenities listed in the remarks, including championship golf courses, lakes and marinas, pickleball and tennis, hiking and biking trails, fitness facilities, and restaurants.

A new roof was installed in July 2026, supporting a move-in ready presentation.

Key Highlights

  • 3‑bedroom, 2‑bath end‑unit townhouse with 1,402 SF across two levels (1976 construction)
  • Main‑level bedroom and full bath for convenient single‑level living
  • Two private decks: one off the main level living/dining area and a second off the lower level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,652
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,040 $173.0K
Cap Rate 7%
$123,600 $123.6K
Cap Rate 9%
$96,133 $96.1K
Market Conditions
NOI Build-Up for 1,402 SF
Gross rent
$16.8K $12.00/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$15.7K $11.22/SF
− OpEx
−$7.1K −$5.05/SF
NOI
$8.7K $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%
$173,040
Cap Rate 7%
$123,600
Cap Rate 9%
$96,133

Alternative Uses

Best Use
Apartment 5plus
$123.6K
$108.2K – $144.2K (±1% cap)
NOI $8,652 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.4K
$224.4K – $299.1K (±1% cap)
NOI $17,948 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

31
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

Market

Average Price Trend$/SF for Residential income properties in Hot Springs Village, AR

$133 Jul
$134 Aug
$131 Sep
$131 Oct

Properties on Market for Residential income properties in Hot Springs Village

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Updated 3-bedroom, 2-bath end-unit townhouse with two private decks and furnished, move-in ready condition.
Where is this residential income property located?
The property is located at 53 Halcon Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath end‑unit townhouse with 1,402 SF across two levels (1976 construction); Main‑level bedroom and full bath for convenient single‑level living; Two private decks: one off the main level living/dining area and a second off the lower level
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