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240 Indian Springs Rd, Hot Springs, AR 71913
About this home
WELL MAINTAINED 6 UNIT APARTMENT COMPLEX ON 2.6 ACRES FOR EXPLANSION LOCATED IN LAKESIDE SCHOOL DISTRICT--EACH UNIT IS 2 BEDROOM 2 -1/2 BATH OVER 1200 SQ FT W/ GLASS SLIDING DOORS TO PRIVATE PATIO AREA--MASTER BEDROOM & GUEST BEDROOM ARE UPSTAIRS, BOTH WITH ROOMY CLOSETS & MASTER BATH W/ 2 SINKS, JACUZZI TUB & SEPERATE SHOWER. OPEN KITHEN AREA WITH STAINLES STEEL APPIANCES ( 1 HAS WHITE APPLIANCES) & BREAKFAST BAR & WALK IN PANTRY. ROOFS REPLACED MAY 2015, H & A VARIOUS AGES-LOTS OF UPSIDE.
Type: Apartments
Redfin Estimate
Market trends in 71901, AR
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
- FOR SALE BY OWNER
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Provided by Redfin
Sale history for 240 Indian Springs Rd
$0/sq ft
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$0/sq ft
$93/sq ft
$103/sq ft
$93/sq ft
$76/sq ft
$80/sq ft
$76/sq ft
$80/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Garage: Other (See Remarks)
Interior
- Room Information
- Kitchen Equipment: Microwave, Electric Range, Dishwasher, Disposal, Pantry
- Interior Features
- Washer Connection, Dryer Connection (Electric), Hot Water Heater (Gas), Smoke Detector, Breakfast Bar, Closet (Walk In), Master Bedroom with Bath
- Ceiling: Sheet Rock
- Floors: Tile, Wall-to-Wall Carpet
- Walls: Sheet Rock
- Heating & Cooling
- Central Cooling (Electric), Central Heat (Gas)
- Multi-Unit Information
- Tenant Expenses: All Utilities
- # of Units: 6
- # of Units (2 Baths): 6
- # of Units (2 Bedroom): 6
Exterior
- Building Information
- Exterior: Brick, Metal/Vinyl Siding
- Foundation: Slab
- Approx Building Sq. Ft.: 8,562
- Exterior Features
- Partially Fenced, Dumpster
- Roof: Architectural Shingle
- Road Surface: Paved
- Lot Information
- Approx Lot Size: 2.6 ACRES
- Approx Acreage: 2.6
- Source of Acreage: Tax Records, Survey
- Sq. Ft. Source: Courthouse, Other (See Remarks), Tax Records
- Lot Description: In Subdivision, Out of City
- Will Subdivide: No
- Zoning: CI
Financial
- Tax Information
- Annual Taxes: $3,343
- Source of Taxes: COLLECTOR
- Tax Year: 2022
- Lease/Rent Information
- Lease Type: Monthly
Utilities
- Utility Information
- Utilities: Sewer (Public), Water (Public), Electric-Municipal, Gas (Natural), TV (Satellite Dish)
- Energy Features: Insulated Windows, Insulated Doors
Location
- School Information
- Elementary School: Lakeside
- Middle School: Lakeside
- Junior High: Lakeside
- High School: Lakeside
- Location Details
- County: Garland
- City: Hot Springs
- Subdivision: Stanage
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Garland County
- APN: —
Around this home
Schools
Public 5-6 • Assigned • 1.4mi
Public 8-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.62% chance of being in a wildfire in next 30 years
7 days above 110° expected this year, 21 days in 30 years
10% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 10.8 hours in June and 5.2 hours in December, placing it above the U.S. average for solar exposure.
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Home values near 240 Indian Springs Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 1304 Sq. Ft. | $51,614 |
- Beds | 2 Baths | 1548 Sq. Ft. | $123,222 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1377 Sq. Ft. | $232,561 |
- Beds | 2 Baths | 2100 Sq. Ft. | $104,750 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 924 Sq. Ft. | $38,474 |
2 Beds | 3 Baths | 1944 Sq. Ft. | $180,225 |
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