Active

$225,000

221 Hazel St, Hot Springs, AR 71901

4beds

1,593sqft

$1,499/mo

Get pre-qualified

Single Family Residence

Built in 1940

6,534 Square Feet Lot

$217,400 Zestimate^®

$141/sqft

$-- HOA

What's special

Fully furnished main building

Multiple Income & Use Options Just Minutes from Downtown! Located just 2 minutes to Garland Co courthouse, 3 minutes to downtown Hot Springs and less than 5 minutes to Oaklawn Racing and Casino, this General Commercial-zoned property offers a unique opportunity for both investment and business use. Currently set up as a permitted short-term-rental, the fully furnished main building features 4 bedrooms and 2 full baths and could also be converted to office space. A separate building in the back offers additional potential and could be rehabbed for use as a 1-bedroom, 1-bath STR. With its existing STR permit, convenient location and multiple possibilities for use, this property is an opportunity worth exploring.

59 days
253
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: None

Dining room

Features: Living/Dining Combo

Heating

Natural Gas

Cooling

Electric

Appliances

Included: Free-Standing Range, Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater

Features

Walk-in Shower, 2 Bedrooms Upper Level, 2 Bedrooms Lower Level
Flooring: Tile, Luxury Vinyl
Has fireplace: No
Fireplace features: None
Furnished: Yes

Interior area

Total structure area: 1,593
Total interior livable area: 1,593 sqft

Property

Parking

Parking features: Parking Pad

Accessibility

Accessibility features: Customized Wheelchair Accessible

Features

Levels: Two
Stories: 2

Lot

Size: 6,534 Square Feet
Dimensions: 47 x 140 x 49 x 127
Features: Level, Subdivided

Details

Parcel number: 40069800002000C

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (see remarks)
Property subtype: Single Family Residence

Materials

Brick
Foundation: Crawl Space
Roof: Composition

Condition

New construction: No
Year built: 1940

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: WHITTINGTON

HOA

Has HOA: No

Location

Region: Hot Springs

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $124,950
Annual tax amount: $1,243
Date on market: 8/18/2026
Road surface type: Paved

Estimated market value

$217,400

$207,000 - $228,000

$1,826/mo

Price history

Date	Event	Price
10/12/2026	Contingent	$225,000$141/sqft
Source: HSDS #156887 Report a problem
8/18/2026	Listed for sale	$225,000$141/sqft
Source: HSDS #156887 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,130 -1.3%	$24,990
2024	$1,145 +1.3%	$24,990
2023	$1,130 +8%	$24,990 +8%
2022	$1,046 +8.8%	$23,144 +10%
2021	$962	$21,040
2020	$962 0%	$21,040
2019	$962 -5.4%	$21,040
2018	$1,016	$21,040
2017	$1,016 +24.8%	$21,040 +6.7%
2016	$814	$19,720
2015	$814 +0.1%	$19,720
2014	$814 -0.1%	$19,720
2013	$814	$19,720
2012	$814 -0.1%	$19,720 -0.1%
2011	$815 +15.7%	$19,730 +15.7%
2009	$704	$17,050 -2.2%
2004	--	$17,432 +10%
2003	--	$15,847 +8.6%
2001	--	$14,592