Skip main navigation
Closed
  • $349,000

    197 Promise Land Dr, Hot Springs, AR 71901

    --beds
    --baths
    900sqft
    Single Family Residence
    Built in 2019
    -- sqft lot
    $349,000 Zestimate®
    $388/sqft
    $1,149 Estimated rent

    Home value

    $349,000

    $311,000 - $394,000

    $1,149/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,149/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,149/mo

    Rent Zestimate®

    Refinance and save

    $1,615/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,615/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Charming cabinsTranquil cabinPrivate settingDistinct character
    Nestled in the heart of Hot Springs, this unique property offers an exciting opportunity for those seeking a lucrative short-term rental investment or a private retreat. Boasting three charming cabins, each with its own distinct character, this property is already an active and successful short-term rental destination. But wait, there's more! For the ambitious investor or DIY enthusiast, a fourth cabin awaits your finishing touches. This "cabin in the dry" presents an opportunity to expand your rental portfolio or create a personal getaway spot. The property's private setting is perfect for those seeking a peaceful escape from the hustle and bustle of everyday life. For the adventurous souls, the Hot Springs Off-Road Park is practically in your backyard. Imagine the thrills of off-roading by day and relaxing in your tranquil cabin by night. This property isn't just a collection of cabins; it's a gateway to creating unforgettable memories and potentially lucrative returns. Whether you're looking to expand your rental empire or simply want a slice of paradise to call your own, this Hot Springs gem is waiting to welcome you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim F Walker 501-844-5949,

    Trademark Real Estate, Inc.

    Bought with:

    Kim F Walker, AR

    Trademark Real Estate, Inc.

    Source: CARMLS,MLS#: 24037961MLS Logo

    Facts & features

    Interior

    Heating
    • Ductless
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Flooring: Wood
    Interior area
    • Total structure area: 900
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: One,Other (see remarks)
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Pond
    Lot
    • Size: 22.53 Acres
    • Features: Sloped, Level, Wooded
    Details
    • Parcel number: 10001716000
    • Zoning: none

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other (see remarks)
    • Property subtype: Single Family Residence
    Materials
    • Metal/Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Gas: Gas-Propane/Butane
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Gas-Propane/Butane

    Community & HOA

    Community
    • Subdivision: Metes & Bounds
    Location
    • Region: Hot Springs

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $168,400
    • Annual tax amount: $1,484
    • Date on market: 10/15/2024
    • Tenant pays: None
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    3/31/2025Sold$349,000$388/sqft
    Source: CARMLS #24037961 Report a problem
    1/11/2025Contingent$349,000$388/sqft
    Source: HSDS #148468 Report a problem
    11/26/2024Price change$349,000-6.9%$388/sqft
    Source: CARMLS #24037961 Report a problem
    10/15/2024Listed for sale$374,900+1399.6%$417/sqft
    Source: CARMLS #24037961 Report a problem
    3/25/2009Sold$25,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,849 +17.6%$33,680 +20%
    2024$1,572 +3.7%$28,059 +2.8%
    2023$1,516 +12.8%$27,296 +13.8%
    2022$1,343 +175.9%$23,993 +214.5%
    2021$487 $7,630
    2020$487 +4313.2%$7,630 +3533.3%
    2019$11 $210
    2018$11 +19.1%$210
    2017$9 -12.5%$210 -12.5%
    2016$11 $240
    2015$11 $240 -20%
    2006-- $300 +9.9%
    2005-- $273
    Find assessor info on the county website

    Neighborhood: 71901

    Nearby schools

    GreatSchools rating
    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.