Unique mixed-use opportunity with over an acre of land and 300+ feet of prime frontage along Highway 70 (E. Grand Avenue). Property features a 2-bedroom, 1.5-bath residence suitable for owner-occupancy or rental income, along with multiple outbuildings offering additional storage or redevelopment potential (three in poor condition). High-visibility location with steady traffic flow makes this an ideal candidate for commercial use, live/work setup, or investment hold. Existing billboard lease provides supplemental income. Excellent accessibility and exposure in a growing corridor.
Active
$299,900
1507 E Grand Ave, Hot Springs, AR 71901
2beds
1,564sqft
:
Get pre-qualified$1,859/mo
Single Family Residence
Built in 1993
1 Acres Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
- 78 days |
- 67 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Beau Durbin 501-609-6493,
ESQ. Realty Group - Hot Springs 501-255-0509,
Jeffery S Vaughn 501-293-1913,
ESQ. Realty Group - Hot Springs
Source: CARMLS,MLS#: 26018113
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Dining room
- Features: Living/Dining Combo
Heating
- Has Heating (Unspecified Type)
Cooling
- Electric
Appliances
- Included: Other
- Laundry: Laundry Room
Features
- 2 Bedrooms Same Level
- Flooring: Carpet, Wood, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,564
- Total interior livable area: 1,564 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car
- Has garage: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 1 Acres
- Features: Other
Details
- Parcel number: 40035700057000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Interban Heights
HOA
- Has HOA: No
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $162,050
- Annual tax amount: $1,394
- Date on market: 5/6/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $299,900+99.9%$192/sqft |
Source:  HSDS #155353 Report a problem | ||
| 8/4/1999 | Sold | $150,000+212.5%$96/sqft |
Source: Public Record Report a problem | ||
| 9/29/1992 | Sold | $47,999$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,394 +6.5% | $26,712 +7.7% |
| 2024 | $1,310 +9.6% | $24,804 +8.3% |
| 2023 | $1,195 +9.1% | $22,896 +9.1% |
| 2022 | $1,096 +9.4% | $20,988 +10% |
| 2021 | $1,002 | $19,080 |
| 2020 | $1,002 | $19,080 |
| 2019 | $1,002 -4.7% | $19,080 |
| 2018 | $1,051 +18% | $19,080 |
| 2017 | $891 +15.9% | $19,080 +9.4% |
| 2016 | $769 | $17,440 |
| 2015 | $769 +0% | $17,440 |
| 2014 | $769 0% | $17,440 |
| 2013 | $769 +2.3% | $17,440 |
| 2012 | $752 -10.7% | $17,440 -10.7% |
| 2011 | $841 +135.9% | $19,522 +19.1% |
| 2009 | $357 +8.8% | $16,398 +5% |
| 2008 | $328 -6.7% | $15,617 +4.5% |
| 2007 | $351 | $14,938 +10% |
| 2006 | -- | $13,580 |
| 2005 | -- | $13,580 |
| 2004 | -- | $13,580 -16.8% |
| 2003 | -- | $16,331 +5.7% |
| 2001 | -- | $15,448 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 71901
Nearby schools
GreatSchools rating
- 5/10Cutter-Morning Star Elementary SchoolGrades: PK-6Distance: 2.4 mi
- 4/10Cutter-Morning Star High SchoolGrades: 7-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Cutter Morning Star
- Middle: Cutter Morning Star
- High: Cutter Morning Star
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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