2 months on rocket

197 Promise Land Dr, Hot Springs, AR, 71901

$349,000

Home List Price

$4,144*

Closing Credit

0 Baths
900 SqFt
$388/SqFt
House

Location

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197 Promise Land Dr, Whittington Township$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (see remarks)
Year Built2019
CoolingWindow Unit(s), Mini Split Heat/Cool
ViewPond, Trees/Woods, Mountain(s)
MLS #24037961
Lot Size22.53 Acres
StatusActive

About 197 Promise Land Dr

Nestled in the heart of Hot Springs, this unique property offers an exciting opportunity for those seeking a lucrative short-term rental investment or a private retreat. Boasting three charming cabins, each with its own distinct character, this property is already an active and successful short-term rental destination. But wait, there's more! For the ambitious investor or DIY enthusiast, a fourth cabin awaits your finishing touches. This "cabin in the dry" presents an opportunity to expand your rental portfolio or create a personal getaway spot. The property's private setting is perfect for those seeking a peaceful escape from the hustle and bustle of everyday life. For the adventurous souls, the Hot Springs Off-Road Park is practically in your backyard. Imagine the thrills of off-roading by day and relaxing in your tranquil cabin by night. This property isn't just a collection of cabins; it's a gateway to creating unforgettable memories and potentially lucrative returns. Whether you're looking to expand your rental empire or simply want a slice of paradise to call your own, this Hot Springs gem is waiting to welcome you.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (see remarks)
  • Year Built: 2019
  • Living Area: 900 SqFt

Listing Office:

  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Kim Walker

Interior Features

Interior Information:

  • Appliances: Stove
  • Flooring Type: Wood

Exterior Features

Exterior Information:

  • View: Pond, Trees/Woods, Mountain(s)

Parking Information:

  • Parking: Other (see remarks)

Lot Features

Lot Information:

  • Lot: Sloped, Level, Pond, Wooded, Views
  • Lot Size: 22.53 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s), Mini Split Heat/Cool

Other

Directions Information:

  • Directions: Central Ave. to By- pass towards Hot Springs Village take Mill Creek exit to (197 Promise Land)

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $388/SqFt
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Housing Market Comparison

See how this home compares to others in Whittington Township, AR.

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Whittington Township, AR

City

Med. Sold Price

$310K

Med. Price/SqFt

$167

# of Sold Homes

12

197 Promise Land Dr vs Whittington Township

68 DAYS ON ROCKET

$349,000

+$39K More

$388/SqFt

+$221 More

KEY TAKEAWAY

This property is $39K more than the Median Sold Price and $221/SqFt more than other homes in Whittington Township, AR.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24037961

Listing Office:

  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Kim Walker

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1130503
4
/10

  • Cutter-Morning Star Elementary School

  • 2801 Spring St

  • 2.14 miles

  • Public District Grades PK-6

school-card-donut-1130504
6
/10

  • Fountain Lake Elementary School

  • 4207 Park Ave

  • 2.85 miles

  • Public District Grades PK-4

school-card-donut-1130505
4
/10

  • Langston Elementary Leadership Academy

  • 120 Chestnut St

  • 3.93 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,078. Residents of Whittington Township, AR typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 197 Promise Land Dr

What is the listing price of this property?

The listing price of 197 Promise Land Dr property is $349,000.

What type of property is this?

The property 197 Promise Land Dr is a house located in Hot Springs, Arkansas, 71901.

Is this property for sale now?

Active Listing: 197 Promise Land Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 197 Promise Land Dr is 900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 197 Promise Land Dr is 2019.

Rocket Homes›Arkansas›Garland County›Whittington Township›71901›197 Promise Land Dr

This home is located at 197 Promise Land Dr in Hot Springs, AR and zip code 71901. This 900 square foot home, which was built in 2019, sits on a 22.53 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $349,000.

In November 2024 more than 2 listings in Whittington Township, AR were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Whittington Township, AR between October 2024 and November 2024 decreased by 3.1%.

From Rocket Homes Real Estate and based on county public records data.

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