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53 Halcon Place, Hot Springs Village, AR, 71909
Furnished End-Unit Townhome

53 Halcon Place Hot Springs Village, AR 71909

For Sale
$155,000

CONDOS - Hot Springs Village, AR

Property Size1,402 SF
Price / SF$110.56
Days on Market109

Property Features for 53 Halcon Place

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Rooms Bathroom 1, Laundry Room, Bonus Room, Bedroom 2, Bathroom 2, Bedroom 3, 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
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

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: Jul 24 Last Checked: Jul 27 at 11:06AM
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.

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 For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $16.8k $12.00
− Vacancy −$1.1k −$0.78
EGI $15.7k $11.22
− OpEx −$7.1k −$5.05
NOI $8.7k $6.17
1,402 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$123.6K
$108.2K – $144.2K (±1% cap)
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 (±1% cap)
NOI $17,948 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Single family properties

Suggested Use

Top Pick Building Supply Restaurant Nail Salon Hair Salon Electrical Service Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Single family property - Updated 3-bedroom, 2-bath end-unit townhouse with two private decks and furnished, move-in ready condition.
Where is this single family 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
More about this property
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