$349,000

197 Promise Land Dr Hot Springs, AR 71901

$4,144
Closing credit¹
Multi-Family

Property details

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.

Highlights

Home typeMulti Family
StatusAccepting Backup Offers
(ACTIVE - CONTINGENT)
CoolingWindow Unit(s)
Year built2019
MLS #148468
ViewMountain(s)

Summary

  • MLS Number: 148468
  • MLS Name: HotSprings
  • Office Name: Trademark Real Estate, Inc.
  • Office Phone: (501) 318-3200
  • Listing Agent: Kim Walker

Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view with a mountain view and a wooded view

$349,000

197 Promise Land Dr

$4,144

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Cutter-Morning Star Elementary School

Public District PK-6

2.1 mi

2801 Spring St

6

Fountain Lake Elementary School

Public District PK-4

2.9 mi

4207 Park Ave

4

Langston Elementary Leadership Academy

Public Magnet PK-6

3.9 mi

120 Chestnut St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,078. The majority of Hot Springs, AR residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
46%
35k-100k
10%
100k-200k
5%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 197 Promise Land Dr in Hot Springs, AR and zip code 71901. Features: 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $349,000.

While more than 0 listings in Hot Springs, AR in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Hot Springs, AR between January and February 2025 increased by 68%. In February 2025 median list price was $325,000 and the average listing age was 65 days.

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

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