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740 Weston Rd, Hot Springs, AR, 71913
Updated Lake-View Condo

740 Weston Rd Hot Springs, AR 71913

For Sale
$125,000

CONDOS - Hot Springs, AR

Property Size668 SF
Price / SF$187.13
Days on Market162

Property Features for 740 Weston Rd

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
1
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Parking features
Carport, Assigned
Exterior features
Inground Pool, Tennis Court
Appliances
Electric Range, Dishwasher, Refrigerator-Stays
Standard status
Active
Size
668 SF

Taxes and HOA fees

Tax Description
Unit #205 Beacon Manor HPR
Tax Annual Amount
807

Utilities

Water front
1

Building Details

Year built
1963
Flooring type
Carpet
Roof type
Tile
Architectural style
Contemporary
Listing Agency: Exp Realty
Listed By: Dustin Turner
Added: Feb 12 Changed: Jul 19 Last Checked: Jul 24 at 5:06AM
MLS# 26005515

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.

Located at 740 Weston Rd in Hot Springs, Arkansas, this updated 1-bedroom, 1-bath condo in Beacon Manor offers lake views. The unit includes an updated kitchen and is served by covered parking.

The property provides access to gated waterfront amenities, including a lakeside pool, tennis and pickleball courts, boardwalk access, and on-site management. Nightly rentals are permitted.

With convenient access to Oaklawn as well as nearby shopping, dining, and entertainment, this condo is positioned for flexible short-term rental use or low-maintenance living.

Key Highlights

  • Updated 1‑bedroom, 1‑bath condo with lake views at Lake Hamilton (Beacon Manor).
  • Gated waterfront amenities include a lakeside pool, tennis and pickleball courts, and boardwalk access.
  • Nightly rentals are permitted.

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 $8.0k $12.00
− Vacancy −$521 −$0.78
EGI $7.5k $11.22
− OpEx −$3.4k −$5.05
NOI $4.1k $6.17
668 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$58.9K
$51.5K – $68.7K (±1% cap)
NOI $4,122 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$122.2K
$106.9K – $142.5K (±1% cap)
NOI $8,551 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lake Hamilton Hideaway ... Vacation Rental Beacon Manor Condominiums Condominium Complex Lago Vista Hotel & Motel

Suggested Use

HVAC Service Law Firm Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Updated 1-bed, 1-bath condo in Beacon Manor with an updated kitchen, covered parking, and gated waterfront amenities.
Where is this short term rental property located?
The property is located at 740 Weston Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Updated 1‑bedroom, 1‑bath condo with lake views at Lake Hamilton (Beacon Manor).; Gated waterfront amenities include a lakeside pool, tennis and pickleball courts, and boardwalk access.; Nightly rentals are permitted.
More about this property
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