This 3-bedroom, 1-bath home sits on a spacious double lot just behind Oaklawn racetrack and offers a rare opportunity for the right buyer with vision. The home needs TLC and will require a complete renovation; however, the potential here is undeniable. With plenty of room to build an additional home, garage, or guest house, this property could be ideal for redevelopment or a long-term investment. Whether you choose to restore the existing structure or start fresh, the location and lot size offer a strong upside. Property is being sold as-is. Bring your contractor, your creativity, and your plans — this is a project worth considering.
Closed
$40,000
502 Delaware St, Hot Springs, AR 71901
3beds
1,121sqft
Single Family Residence
Built in 1952
0.32 Acres Lot
$39,800 Zestimate®
$36/sqft
$1,260 Estimated rent
Home value
$39,800
Estimated sales range
Not available
$1,260/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Beau Durbin 501-609-6493,
ESQ. Realty Group - Hot Springs
Bought with:
Amy Brown, AR
McGraw Realtors - HS
Source: CARMLS,MLS#: 25020005
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Eat-in Kitchen
Cooling
- Window Unit(s)
Appliances
- Included: Other
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- 3 Bedrooms Same Level
- Flooring: Carpet, Wood, Tile
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,121
- Total interior livable area: 1,121 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.32 Acres
- Features: Corner Lot, Subdivided
Details
- Parcel number: 40019100158000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Hot Springs
- Subdivision: Forrest Hill
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $40,000-11.1%$36/sqft |
Source:  CARMLS #25020005 Report a problem | ||
| 8/4/2025 | Contingent | $45,000$40/sqft |
Source:  HSDS #150993 Report a problem | ||
| 7/7/2025 | Price change | $45,000-18.2%$40/sqft |
Source: HSDS #150993 Report a problem | ||
| 6/27/2025 | Price change | $55,000-15.4%$49/sqft |
Source: CARMLS #25020005 Report a problem | ||
| 6/5/2025 | Price change | $65,000-13.3%$58/sqft |
Source: HSDS #150993 Report a problem | ||
| 5/20/2025 | Listed for sale | $75,000+25%$67/sqft |
Source: HSDS #150993 Report a problem | ||
| 12/24/2024 | Listing removed | $60,000$54/sqft |
Source: HSDS #145601 Report a problem | ||
| 11/18/2024 | Price change | $60,000-7.7%$54/sqft |
Source: HSDS #145601 Report a problem | ||
| 9/8/2024 | Price change | $65,000-5.8%$58/sqft |
Source: CARMLS #24008250 Report a problem | ||
| 8/21/2024 | Price change | $69,000-12.7%$62/sqft |
Source: CARMLS #24008250 Report a problem | ||
| 7/2/2024 | Price change | $79,000-7.1%$70/sqft |
Source: CARMLS #24008250 Report a problem | ||
| 4/26/2024 | Price change | $85,000-5.6%$76/sqft |
Source: CARMLS #24008250 Report a problem | ||
| 4/8/2024 | Price change | $90,000-5.3%$80/sqft |
Source: HSDS #145601 Report a problem | ||
| 3/12/2024 | Price change | $95,000+18.8%$85/sqft |
Source: HSDS #145601 Report a problem | ||
| 2/9/2024 | Listed for sale | $79,950+14.4%$71/sqft |
Source: Owner Report a problem | ||
| 12/27/2022 | Listing removed | -- |
Source: HSDS #140434 Report a problem | ||
| 10/28/2022 | Listed for sale | $69,900$62/sqft |
Source: HSDS #140434 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $4,353 |
| 2024 | -- | $4,353 |
| 2023 | -- | $4,353 |
| 2022 | -- | $4,353 |
| 2021 | -- | $4,353 -45.4% |
| 2020 | -- | $7,970 |
| 2019 | -- | $7,970 |
| 2018 | -- | $7,970 |
| 2017 | -- | $7,970 -2.9% |
| 2016 | -- | $8,210 |
| 2015 | -- | $8,210 +88.6% |
| 2014 | -- | $4,353 |
| 2013 | -- | $4,353 |
| 2012 | -- | $4,353 |
| 2011 | -- | $4,353 -4.8% |
| 2009 | -- | $4,571 +5% |
| 2008 | -- | $4,353 +4.5% |
| 2007 | -- | $4,164 +4.8% |
| 2006 | -- | $3,975 +5% |
| 2005 | -- | $3,786 +9.5% |
| 2004 | -- | $3,456 +5% |
| 2003 | -- | $3,291 +5.6% |
| 2001 | -- | $3,116 |
Find assessor info on the county website
Neighborhood: 71901
Nearby schools
GreatSchools rating
- 4/10Main Street Visual & Performing Arts Magnet SchoolGrades: PK-6Distance: 0.8 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 1.2 mi
- 8/10Park Magnet SchoolGrades: PK-6Distance: 1.4 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.
- Arkansas
- Garland County
- Hot Springs
- 71901
- 502 Delaware St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Hot Springs Topics
