Furnished End-Unit
For Sale
$155,000
53 Halcon Place, Hot Springs Village, AR 71909
Residential, Traditional, Hot Springs Village, AR
Property Size1,402 SF
Price / SF$110.56
Days on Market154
Property Features for 53 Halcon Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Laundry Room, Bonus Room, Bedroom 1
Patio and Porch features
Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Walk-in Shower
Exterior features
Deck
Appliances
Free-Standing Stove, Microwave, Dishwasher, Disposal, Ice Maker Connection
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
(501) 463-9506
Listed By:
Janae Cook Richards
(501) 282-4430
Added: Apr 10
Changed: Sep 8
Last Checked: Sep 10 at 10:06PM
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.
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $8,652 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.4K
$224.4K – $299.1K
NOI $17,948 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 $155,000.
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
