Discover the ideal canvas for your dream home with this generously sized cleared lot in the Rector Heights subdivision. Just minutes away from shopping and medical services, this prime piece of land has been meticulously cleared and leveled for your building convenience. Envision your future home surrounded by the beauty of the quiet neighborhood with a view of West Mountain. Embrace the potential of creating a custom-designed residence, and take advantage of the nearby community amenities, including neighborhood shopping, medical offices and banking services. With easy access to the MLK By-pass, this lot not only offers tranquility but also ensures convenience in every aspect of your daily life. Explore the architectural possibilities and make your dream home a reality on this exceptional property.
Property Details
Property Features
Listing Office:
Office Name: CBRPM Hot Springs
Listing Agent: Jenifer Abbott
Lot Features
Lot Information:
Lot: Sloped, Level, Cleared, Subdivision, Sloped Down
Lot Size: 0.22 Acres
Other
Directions Information:
Directions: Orange Street to left on Ouachita Avenue onto W Grand left on Summer Street onto Albert Pike right on Patricia Street left on Sunrise Street right on Michele Street. Lot is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $25,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hot Springs, AR.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$192
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Gardner Magnet School
525 Hammond Dr
Distance between this listing and this school0.62 miles
Public Magnet Grades PK-6
7
/10
Park Magnet IB World School
617 Main St
Distance between this listing and this school1.51 miles
Public Magnet Grades PK-6
4
/10
Oaklawn STEM Magnet School
301 Oaklawn St
Distance between this listing and this school2.16 miles
Public Magnet Grades PK-6
Nearby Schools
7
/10
Lakeside Middle School
1110 Lakeshore Dr
Distance between this listing and this school6.26 miles
Public District Grades 5-7
5
/10
Lake Hamilton Middle School
120 Wolf St
Distance between this listing and this school7.26 miles
Public District Grades 6-7
6
/10
Fountain Lake Middle School Cobra Digital Preparatory Academy
4207 Park Ave
Distance between this listing and this school8.29 miles
Public Charter Grades 5-8
Nearby Schools
5
/10
Hot Springs World Class High School
701 Emory St
Distance between this listing and this school2.18 miles
Public Charter Grades 9-12
9
/10
Lakeside High School
2871 Malvern Ave
Distance between this listing and this school6.01 miles
Public District Grades 8-12
4
/10
Cutter-Morning Star High School
2801 Spring St
Distance between this listing and this school6.29 miles
The neighbors living near this home have an average income of $39,551. The majority of Hot Springs, AR residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Hot Springs, AR
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Hot Springs, AR?
Hot Springs offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The housing market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters within the community.
Is Hot Springs, AR a good place to live?
Hot Springs is celebrated for its unique blend of natural beauty and historical significance. The community prides itself on its namesake hot springs and the historic Bathhouse Row, which together create a distinctive atmosphere. The city's character is further enriched by its art galleries, music festivals, and the famous Hot Springs National Park, offering residents a serene yet culturally vibrant lifestyle.
Are things conveniently located in Hot Springs, AR?
The community is served by a range of essential services, including public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is accessible through local clinics and a hospital equipped to provide a variety of medical services. Retail and dining establishments are plentiful, offering both local and international cuisine, and the city is proactive in adapting its services to meet the evolving needs of its residents.
What does the transportation in Hot Springs, AR look like?
Transportation in Hot Springs includes a network of roads that connect residents to key areas within the city and beyond. Public transit options are available, providing residents with alternatives to private vehicle use. The city's layout also supports a degree of walkability, particularly in the downtown area, where residents and visitors can enjoy easy access to shops, restaurants, and entertainment. While specific ride-sharing services are operational, the community's transport infrastructure continues to evolve to enhance connectivity and convenience.
Frequently Asked Questions About TBD Michele St
What is the listing price of this property?
The listing price of TBD Michele St property is $25,000.
What type of property is this?
The property TBD Michele St is land located in Hot Springs, Arkansas, 71913.
Is this property for sale now?
Active Listing: TBD Michele St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Michele St in Hot Springs, AR and zip code 71913. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $25,000.
Hot Springs, AR housing market in October 2024 saw over 4 listings sold above listed price, more than 8 sold at listed price and over 16 sold below. Between September 2024 and October 2024, Hot Springs, AR real estate market has seen increase in the number of listings by 4.2%.
From Rocket Homes Real Estate and based on county public records data.