Investor alert! This 3-bedroom 3 bath home in the heart of Hot Springs (3 blocks to downtown and 2.5 miles to Oaklawn racing and gaming) is the perfect investment opportunity! Used as a short-term rental on Airbnb for last 4 years with an amazing occupancy rate. STR license can convey with home and has been paid for 2023. Covered outside entertainment area is perfect for guests or a large family. Lower level apt has its own entrance a full kitchen, living, bed and bathroom. Could be used as a man-cave or game room area. New roof last year and new windows last month. 2oo SF shop with power under the entertainment area with its own entrance not included in square footage. Seller will sell furnished and ready to rent. Come and tour this home today!!
Love the charm of a well kept and updated older home? Don't miss seeing this beauty on 1.4 acres right in town. Main level is 1573 sf with 2 beds, 2 baths, a craft room which could be a 3rd bedroom. Glistening hardwoods, beautiful hand poured crown molding, fireplace in LV. A 640sf metal covered porch invites family gatherings or reading to the sound of raindrops. Under it is a shop w 50 amp. (200amp in house). Interior or exterior entrance to a darling 1 bedroom apartment below, with full kitchen & FP.
Type
Detached
CARMLS #10390768
Sep 17, 2014
Listing Removed
—
Apr 5, 2014
Listed
$134,900
$55/sq ft
Public Records
Feb 18, 2010
Sold
$110,000
$44/sq ft
Public Records
Feb 17, 2006
Sold
$69,698
$28/sq ft
Public Records
Dec 2, 2002
Sold
$70,000
$28/sq ft
Public Records
Aug 9, 2001
Sold
$53,000
$21/sq ft
Public Records
Nov 18, 1992
Sold
$24,999
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,359 (−1.3%)
$1,180 + $28,880
$30,060
2024
$1,377 (+58.1%)
$1,180 + $28,880
$30,060
2023
$871 (+9.1%)
$1,180 + $28,880
$30,060
2022
$798 (+8.8%)
$1,180 + $28,880
$30,060
2021
$733
$1,180 + $28,880
$30,060
2020
$733 (+91.3%)
$480 + $15,570
$16,050
2018
$383 (−9.8%)
$480 + $15,570
$16,050
2017
$425 (−22.7%)
$480 + $15,570
$16,050
2016
$550 (+31.3%)
$480 + $15,570
$16,050
2015
$419 (+40.6%)
$400 + $18,240
$18,640
2013
$298
$400 + $18,240
$18,640
Tax history for 119 Cedarglade Rd Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,359 (−1.3%)
$1,180 + $28,880
$30,060
2024
$1,377 (+58.1%)
$1,180 + $28,880
$30,060
2023
$871 (+9.1%)
$1,180 + $28,880
$30,060
2022
$798 (+8.8%)
$1,180 + $28,880
$30,060
2021
$733
$1,180 + $28,880
$30,060
2020
$733 (+91.3%)
$480 + $15,570
$16,050
2018
$383 (−9.8%)
$480 + $15,570
$16,050
2017
$425 (−22.7%)
$480 + $15,570
$16,050
2016
$550 (+31.3%)
$480 + $15,570
$16,050
2015
$419 (+40.6%)
$400 + $18,240
$18,640
2013
$298
$400 + $18,240
$18,640
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
1
Lot width
89 ft.
Lot depth
229 ft.
Lot size
0.5 Acres
Year renovated
1970
Sq. Ft.
1,573
Year built
1935
Style
Single Family Residential
County
Garland County
APN
41115
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RN-2
Residential Neighborhood 2 District
The RN-2 Residential Neighborhood 2 District is intended to accommodate single-family areas of the city that are characterized by moderately sized lots of 7,000 square feet or more in lot area. The RN-2 District also accommodates select, compatible nonresidential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Carport
Interior
Bathroom Information
# of Baths (Full): 3
Room Information
Other Rooms: Den/Family Room, In-Law Quarters, Laundry, Basement