Investment Opportunity! This 860 sq ft, 3-bed, 1-bath home is a fantastic addition to any investment portfolio! Currently rented for $850/month (tenant pays utilities) on a month-to-month lease, this property offers immediate rental income. With a solid rental history and great potential for future appreciation, it's a smart buy for investors looking for steady cash flow. Don’t miss out on this affordable opportunity!
Type: Rural Residential
Single-familyProperty Type
1940Year Built
5,227 sq ftLot Size
$119Est. Price/Sq.Ft.
1 spaceParking
Listed by Kenneth Harris• Lake Hamilton Realty, Inc.
Investment Opportunity! This 860 sq ft, 3-bed, 1-bath home is a fantastic addition to any investment portfolio! Currently rented for $850/month (tenant pays utilities) on a month-to-month lease, this property offers immediate rental income. With a solid rental history and great potential for future appreciation, it's a smart buy for investors looking for steady cash flow. Don’t miss out on this affordable opportunity!
CARMLS #25009225
Mar 31, 2025
Sold
$75,000
$87/sq ft
Mar 8, 2025
Listed
$75,000
$87/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$287 (+6.3%)
$1,260 + $6,640
$7,900
2024
$270 (+9.8%)
$1,260 + $6,640
$7,900
2023
$246 (+9.1%)
$1,260 + $6,640
$7,900
2022
$226 (+8.8%)
$1,260 + $6,640
$7,900
2021
$207
$1,260 + $6,640
$7,900
2020
$207
$900 + $3,640
$4,540
2018
$207 (−5.4%)
$900 + $3,640
$4,540
2017
$219 (+2.0%)
$900 + $3,640
$4,540
2016
$215 (+17.5%)
$900 + $3,640
$4,540
2015
$183
$900 + $3,550
$4,450
2013
$183
$900 + $3,550
$4,450
Tax history for 604 Third St
Year
Property tax
Land + Additions
Assessment*
2025
$287 (+6.3%)
$1,260 + $6,640
$7,900
2024
$270 (+9.8%)
$1,260 + $6,640
$7,900
2023
$246 (+9.1%)
$1,260 + $6,640
$7,900
2022
$226 (+8.8%)
$1,260 + $6,640
$7,900
2021
$207
$1,260 + $6,640
$7,900
2020
$207
$900 + $3,640
$4,540
2018
$207 (−5.4%)
$900 + $3,640
$4,540
2017
$219 (+2.0%)
$900 + $3,640
$4,540
2016
$215 (+17.5%)
$900 + $3,640
$4,540
2015
$183
$900 + $3,550
$4,450
2013
$183
$900 + $3,550
$4,450
*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
—
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
100 ft.
Lot size
5,009 Sq. Ft.
Year renovated
—
Sq. Ft.
860
Year built
1940
Style
Single Family Residential
County
Garland County
APN
50487
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
RN-5
Residential Neighborhood 5 District
The RN-5 Residential Neighborhood 5 District is intended to accommodate neighborhood development characterized by a mixture of single-family, single-family attached, two-family, townhouse, and low to medium density multi-family dwellings. The RN-5 District also accommodates select, compatible nonresidential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Carport, 1 Car
Interior
Bathroom Information
# of Baths (Full): 1
Room Information
Other Rooms: Great Room
Kitchen Equipment: Electric Range
Interior Features
Washer Connection, Dryer Connection (Electric), Water Heater (Electric)
Floors: Carpet, Vinyl
Walls/Ceilings: Sheet Rock, Paneling
Heating & Cooling
Central Cooling (Electric), Central Heat (Electric)
Exterior
Building Information
Exterior: Frame, Stone
Foundation: Slab
Exterior Features
Roof: Composition
Road Surface: Paved
Property Information
Approx Sq. Ft.: 860
Lot Information
Approx Lot Size: 0.12 ACRES
Approx Acreage: 0.12
Source of Acreage: Courthouse
Inside City Limits
Sq. Ft. Source: Courthouse
Lot Description: Level
Will Subdivide: No
Financial
Tax Information
Annual Taxes: $291
Tax Year: 2024
Utilities
Utility Information
Utilities: Sewer (Public), Water (Public), Electric Municipal (+Entergy)
Internet Type: Internet-Cable
Location
Location Details
County: Hot Spring
City: Hot Springs
Subdivision: Metes & Bounds
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 860
Stories: 1.0
Lot Size: 5,009 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: —
County: Garland County
APN: 50487
Home facts updated by county records on Oct 9, 2026
Around this home
Schools
Park Magnet School
Public PreK-6 • Assigned • 0.8mi
8/10
Hot Springs High School
Charter 10-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 111° expected this year, 20 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Hot Springs, AR • 71913
Average low and high temperatures (°F)
50
31
60
39
73
50
78
58
80
62
89
73
95
75
92
70
87
65
80
56
68
48
56
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.7 hours in
June and 5.1 hours in December, placing it above the
U.S. average for solar exposure.
10.7 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$98,000 – $118,000
Sell confidently with a local market expert in Hot Springs. 3 minutes to get started.