Great opportunity in the city limits of Hot Springs. This 2-acre property on 7th Street has already been divided into three separate lots, each with R-4 zoning, opening the door for a variety of multifamily development options. Whether you're looking to build duplexes, townhomes, or small apartment-style units, the groundwork is in place to move forward. Located in an area with strong rental demand and continued growth, this property offers an affordable entry point for investors or builders looking to maximize density and long-term return.
City lot! Close to Hot Springs High School. Across the street from Oaklawn First Church of God. Just mins to shopping, dining, drs, or hospital. Great spot to build a full time residence or rental. Just 1 minute off Central Ave. Only a couple of mins to the bypass.
CARMLS #23021008
Feb 23, 2024
Sold
$10,000
Jul 10, 2023
Listed
$15,000
City lot! Close to Hot Springs High School. Across the street from Oaklawn First Church of God. Just mins to shopping, dining, drs, or hospital. Great spot to build a full time residence or rental. Just 1 minute off Central Ave. Only a couple of mins to the bypass. Utilities available at street.
Type
Residential Lot
CARMLS #23007083
Apr 21, 2023
Sold
$7,000
Mar 10, 2023
Listed
$14,900
HSBOR #141155
Apr 21, 2023
Sold
$7,000
Mar 23, 2023
Pending
—
Jan 23, 2023
Listed
$14,900
HSBOR #132006
Jan 4, 2021
Sold
$35,000
Nov 2, 2020
Listed
$40,000
Year
Property tax
Land + Additions
Assessment*
2013
$46
$900 + $230
$1,130
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
105 ft.
Lot depth
105 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Garland County
APN
040223
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 8, 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
Exterior
Exterior Features
Road Surface: Paved
Lot Information
Approx Lot Size: 208x425
Approx Acreage: 2
Source of Acreage: Tax Records
Transportation: Other (See Remarks)
Road Frontage: City Street
Lot Description: Other (See Remarks)
Will Subdivide: No
Financial
Tax Information
Annual Taxes: $238
Utilities
Utility Information
Utilities: Other (See Remarks)
Location
Location Details
County: Garland
City: Hot Springs
Subdivision: Metes & Bounds
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: —
Style: Other
Year Built: —
Year Renovated: —
County: Garland County
APN: 040223
Home facts updated by county records on Jun 8, 2026
Around this home
Schools
Park Magnet School
Public PreK-6 • Assigned • 0.3mi
8/10
Hot Springs High School
Charter 10-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
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
10% 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
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$50,000 – $60,000
Sell confidently with a local market expert in Hot Springs.