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8 Madrid Way, Hot Springs Vill, AR, 71909

$249,900

Home List Price

$2,968*

Closing Credit

3 Bedrooms
2 Full Baths
2,052 SqFt
$122/SqFt
House

Location

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8 Madrid Way, Hale Township$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingFour Car or More
Garage4 spaces
Year Built1997
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
FireplaceWoodburning-Prefab.
ViewLake
MLS #24044749
Lot Size0.31 Acres
StatusActive

About 8 Madrid Way

Move-in ready and packed with value, this 3-bedroom, 2-bathroom home offers 2,052 sq ft of spacious living on a quiet 0.31-acre lot. Enjoy peace of mind with recent updates, including a new HVAC system and water heater. Step inside to find a bright and welcoming living area featuring rich hardwood floors, large windows, and a cozy fireplace—perfect for family gatherings. The kitchen shines with granite countertops, abundant cabinetry, and stainless steel appliances. The oversized bonus room offers flexible space for a home office, playroom, or gym. The outdoor area is ideal for entertaining, with a large patio slab, fenced yard, and lake views visible through the beautiful mature trees. Relax on the charming covered front porch and soak in the tranquil surroundings. Located near Hot Springs Village’s lakes, trails, and amenities, this property is ready for you to move in and start enjoying life. Don’t miss out—schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1997
  • Stories: 1
  • Living Area: 2,052 SqFt

Listing Office:

  • Office Name: Rainbow Realty
  • Office Phone: (501) 321-1277
  • Listing Agent: Scott Vise

Interior Features

Interior Information:

  • Appliances: Stove, Double Oven, Microwave, Dishwasher, Disposal
  • Flooring Type: Carpet, Wood, Tile
  • Interior: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Kit Counter- Granite Slab
  • Fireplace: Woodburning-Prefab.

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Patio, Porch

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Four Car or More

Lot Features

Lot Information:

  • Lot: Corner Lot, Views
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hot Springs Village West Gate take Desoto Blvd, turn left onto Callella, right onto Santa Maria, right onto Madrid Way. Home is on the Left corner of Madrid Way and Madrid Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $122/SqFt

HOA Fees:

  • Amount: $110
  • Frequency: Monthly
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Housing Market Comparison

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

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Hale Township, AR

City

Med. Sold Price

$264K

Med. Price/SqFt

$143

Avg. Days On Market

115

# of Sold Homes

32

8 Madrid Way vs Hale Township

1 DAY ON ROCKET

-114 Days

$249,900

-$14.1K Less

$122/SqFt

-$21 Less

KEY TAKEAWAY

This property is $14.1K less than the Median Sold Price and $21/SqFt less than other homes in Hale Township, AR.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24044749

Listing Office:

  • Office Name: Rainbow Realty
  • Office Phone: (501) 321-1277
  • Listing Agent: Scott Vise

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: 12/18/2024, 2:20:48 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.

Payment Calculator

$1,425

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-4339702
6
/10

  • Jessieville Elementary School

  • 7900 N Highway 7

  • 2.60 miles

  • Public District Grades PK-5

school-card-donut-4339703
6
/10

  • Fountain Lake Elementary School

  • 4207 Park Ave

  • 7.48 miles

  • Public District Grades PK-4

school-card-donut-4339704
6
/10

  • Mountain Pine Elementary School

  • 690 Blakely Dam Rd

  • 11.14 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,704. Residents of Hale Township, AR typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 Madrid Way

What is the listing price of this property?

The listing price of 8 Madrid Way property is $249,900.

What type of property is this?

The property 8 Madrid Way is a house located in Hot Springs Vill, Arkansas, 71909.

Is this property for sale now?

Active Listing: 8 Madrid Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8 Madrid Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8 Madrid Way is 2,052 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Madrid Way is 1997.

Rocket Homes›Arkansas›Garland County›Hale Township›71909›8 Madrid Way

This home is located at 8 Madrid Way in Hot Springs Vill, AR and zip code 71909. This 2,052 square foot home, which was built in 1997, sits on a 0.31 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $249,900.

In November 2024 more than 5 listings in Hale Township, AR were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 21 were sold below. In November 2024 in Hale Township, AR there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $264,000 and the average listing age was 115 days.

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

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