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  • $294,600

    246 Garland Ave, Hot Springs, AR 71901

    5beds
    2,966sqft
    Single Family Residence
    Built in 1920
    9,583 Square Feet Lot
    $294,600 Zestimate®
    $99/sqft
    $2,742 Estimated rent

    Home value

    $294,600

    $271,000 - $321,000

    $2,742/mo

    Zestimate® history
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    What's special

    Original hardwood flooringHigh ceilingsBasement apartment

    THIS IS IT! The perfect home for multiple uses; as a short term rental on Airbnb/VRBO, rent it out to long term tenants, or make it your next family home. Beautifully restored home with original hardwood flooring, stainless appliances, high ceilings, and endless charm. The main house (Unit A) has 4 bedrooms and 2.5 baths. Existing STR license for 3 bedrooms with 8 person occupancy. By adding a window in the fourth bedroom, this one would qualify for a 4 bedroom STR license. Projected rents of $57,000 for Unit A as a 4 bedroom STR. The basement apartment (Unit B) is a fully renovated, 1 bedroom, 1 bath with kitchen and appliances. Separate entrance. This unit would be incredible as another nightly rental, long-term rental, or in-law suite. Live upstairs and rent out the apartment. Projected STR rents for this unit are $23,000 a year. Renting both as two Airbnbs with a combined gross rent of $80,000…there’s not a better deal available on the market today! REMARKS

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Turner 501-952-2969,

    Exp Realty

    Bought with:

    Dustin Turner, AR

    Exp Realty

    Source: CARMLS,MLS#: 23013311MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Formal Living Room, Den/Family Room, In-Law Quarters, Sun Room, Basement
    Dining room
    • Features: Separate Dining Room
    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator
    • Laundry: Laundry Room
    Features
    • Primary Bedroom/Main Lv
    • Flooring: Wood, Tile
    • Has fireplace: Yes
    • Fireplace features: Woodburning-Site-Built
    Interior area
    • Total structure area: 2,966
    • Total interior livable area: 2,966 sqft

    Property

    Parking
    • Parking features: Parking Pad
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 107 x 89
    • Features: Sloped
    Details
    • Parcel number: 40046800004000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Slab/Crawl Combination
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: Elec-Municipal (+Entergy)
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: MURRAY & OBRIEN
    HOA
    • Has HOA: No
    Location
    • Region: Hot Springs

    Financial & listing details

    • Price per square foot: $99/sqft
    • Tax assessed value: $233,500
    • Annual tax amount: $1,543
    • Date on market: 5/4/2023
    • Listing terms: VA Loan,FHA,Conventional,Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/3/2023Sold$265,000-3.6%$89/sqft
    Source: CARMLS #23013311 Report a problem
    7/1/2023Contingent$275,000$93/sqft
    Source: CARMLS #23013311 Report a problem
    5/13/2023Price change$275,000-5.2%$93/sqft
    Source: CARMLS #23013311 Report a problem
    5/4/2023Listed for sale$290,000+31.8%$98/sqft
    Source: CARMLS #23013311 Report a problem
    6/7/2022Sold$220,000+22.3%$74/sqft
    Source: CARMLS #22013283 Report a problem
    4/27/2022Contingent$179,900$61/sqft
    Source: CARMLS #22013283 Report a problem
    4/26/2022Listed for sale$179,900+20.7%$61/sqft
    Source: CARMLS #22013283 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    5/1/2020Sold$149,000-2%$50/sqft
    Source: CARMLS #20005994 Report a problem
    10/29/2019Listing removed$152,000$51/sqft
    Source: Owner Report a problem
    9/21/2019Listed for sale$152,000-5%$51/sqft
    Source: Owner Report a problem
    12/26/2018Listing removed$1,100
    Source: Rising Star Properties LLC Report a problem
    12/6/2018Listed for rent$1,100
    Source: Rising Star Properties LLC Report a problem
    12/6/2018Listing removed$160,000$54/sqft
    Source: Owner Report a problem
    11/4/2018Listed for sale$160,000+213.7%$54/sqft
    Source: Owner Report a problem
    5/31/2018Listing removed$1,100
    Source: Susie Harris Report a problem
    5/22/2018Listed for rent$1,100
    Source: Casa Bonita Investments.com Report a problem
    11/9/2016Sold$51,000+112.5%$17/sqft
    Source: CARMLS #16017688 Report a problem
    7/8/1997Sold$24,000$8/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,111 -1.3%$46,700
    2024$2,139 +38.6%$46,700 +36.8%
    2023$1,543 +193.4%$34,140 +71.3%
    2022$526 +7.5%$19,931 +5.4%
    2021$489 $18,910
    2020$489 -43.4%$18,910
    2019$864 -3.2%$18,910
    2018$893 +21.8%$18,910 +24.6%
    2017$733 $15,180 -21.9%
    2016-- $19,430
    2015-- $19,430 +187%
    2014-- $6,771
    2013-- $6,771
    2012-- $6,771
    2011-- $6,771
    2009-- $6,771
    2008-- $6,771
    2007-- $6,771
    2006-- $6,771
    2005-- $6,771
    2004-- $6,771
    2003-- $6,771 +0.1%
    2001-- $6,762
    Find assessor info on the county website

    Neighborhood: 71901

    Nearby schools

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