Fully renovated and fully furnished four-unit investment property located in a well known area across from Sam’s Pizza and within eyeshot of Lake Hamilton. Property includes a renovated 2BR/1BA unit, updated 1BR/1BA unit and two remodeled efficiency units, all featuring modern interiors and separate short-term rental licenses. One long-term tenant currently in place provides immediate income, while the remaining units offer flexibility for STR, mid-term or traditional rentals. Turnkey opportunity with strong income potential in a prime Hot Springs location.
Active
$495,000
500 Burchwood Bay Rd, Hot Springs, AR 71913
--beds
--baths
2,468sqft
Single Family Residence
Built in 1960
-- sqft lot
$-- Zestimate®
$201/sqft
$-- HOA
What's special
Modern interiorsRemodeled efficiency units
- 39 days |
- 82 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Beau Durbin 501-609-6493,
ESQ. Realty Group - Hot Springs 501-255-0509
Source: CARMLS,MLS#: 26020275
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Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Ceiling Fan(s)
- Flooring: Other
- Furnished: Yes
Interior area
- Total structure area: 2,468
- Total interior livable area: 2,468 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Other (see remarks)
Lot
- Size: 0.4 Acres
- Features: Subdivided, Other
Details
- Additional structures: Gazebo
- Parcel number: 40038200011000
- Zoning: Resd.
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Foundation: Slab/Crawl Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lackeys Lake Front #2
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $166,050
- Annual tax amount: $1,500
- Date on market: 5/20/2026
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $495,000-0.8%$201/sqft |
Source:  HSDS #155547 Report a problem | ||
| 5/7/2026 | Listing removed | $499,000$202/sqft |
Source: HSDS #154162 Report a problem | ||
| 4/10/2026 | Price change | $499,000-9.1%$202/sqft |
Source:  CARMLS #26006946 Report a problem | ||
| 2/23/2026 | Price change | $549,000-0.1%$222/sqft |
Source: CARMLS #26006946 Report a problem | ||
| 2/18/2026 | Listed for sale | $549,500$223/sqft |
Source: HSDS #154162 Report a problem | ||
| 2/11/2026 | Listing removed | $549,500$223/sqft |
Source: HSDS #153475 Report a problem | ||
| 12/6/2025 | Listed for sale | $549,500+10%$223/sqft |
Source: HSDS #153475 Report a problem | ||
| 7/1/2025 | Listing removed | $499,500$202/sqft |
Source: CARMLS #25010932 Report a problem | ||
| 3/21/2025 | Listed for sale | $499,500+6.4%$202/sqft |
Source: CARMLS #25010932 Report a problem | ||
| 3/6/2025 | Listing removed | $469,500$190/sqft |
Source: HSDS #140996 Report a problem | ||
| 4/11/2024 | Price change | $469,500+2.3%$190/sqft |
Source: CARMLS #24011932 Report a problem | ||
| 4/9/2024 | Price change | $459,000-2.2%$186/sqft |
Source: CARMLS #24011932 Report a problem | ||
| 4/9/2024 | Price change | $469,500+2.3%$190/sqft |
Source: HSDS #140996 Report a problem | ||
| 3/31/2023 | Listed for sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 3/10/2023 | Pending sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 1/18/2023 | Listed for sale | $459,000$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 1/13/2023 | Contingent | $459,000$186/sqft |
Source: CARMLS #23000672 Report a problem | ||
| 1/7/2023 | Listed for sale | $459,000+216.6%$186/sqft |
Source: HSDS #140996 Report a problem | ||
| 8/31/2010 | Sold | $145,000+1.4%$59/sqft |
Source: Public Record Report a problem | ||
| 4/28/2008 | Sold | $143,000+104.3%$58/sqft |
Source: Public Record Report a problem | ||
| 2/15/1991 | Sold | $70,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,501 -1.3% | $33,210 |
| 2024 | $1,521 +1.3% | $33,210 |
| 2023 | $1,501 | $33,210 |
| 2022 | $1,501 +25.6% | $33,210 +27% |
| 2021 | $1,195 | $26,150 |
| 2020 | $1,195 | $26,150 |
| 2019 | $1,195 -5.4% | $26,150 |
| 2018 | $1,263 +0.8% | $26,150 |
| 2017 | $1,253 +28.6% | $26,150 +10.9% |
| 2016 | $974 | $23,590 |
| 2015 | $974 +0% | $23,590 |
| 2014 | $974 0% | $23,590 |
| 2013 | $974 +18.1% | $23,590 +18.1% |
| 2011 | $825 -5.6% | $19,970 -5.6% |
| 2009 | $874 +15.7% | $21,150 +15.7% |
| 2008 | $755 +8.1% | $18,273 +8.3% |
| 2007 | $698 | $16,869 +9.2% |
| 2006 | -- | $15,443 +10% |
| 2005 | -- | $14,039 +18.2% |
| 2004 | -- | $11,879 +10% |
| 2003 | -- | $10,799 +3.1% |
| 2001 | -- | $10,473 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 4/10Oaklawn STEM Magnet SchoolGrades: PK-6Distance: 2.8 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 2.4 mi
- 8/10Park Magnet SchoolGrades: PK-6Distance: 3 mi
Schools provided by the listing agent
- Elementary: Hot Springs
- Middle: Hot Springs
- High: Hot Springs
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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.
- Arkansas
- Garland County
- Hot Springs
- 71913
- 500 Burchwood Bay Rd
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