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Archived about 1 month ago

$25,000

Music Mountain Road, Hot Springs National Park, AR 71913

Lot Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

⛰️VACANT LOT FOR SALE⛰️

A rare opportunity to own a piece of natural beauty in Hot Springs! With a recent acquisition of the rear portion of the land this expansive 3.53 acre parcel will now continue its property line to the National Park. This undeveloped parcel offers road-front access and is fully wooded, never having been timbered. Only 13 minutes away from Lake Hamilton and 12 minutes to Oaklawn Casino.

Street: Music Mountain Road
GPS: 34.50464, -93.11404
City: Hot Springs National Park
Zip: 71913
County: Garland
State: Arkansas
Acres: 3.53
Utilities: No
Sewer/Septic: No, septic required
School District: Hot Springs School District
Min. Build Size: Lot is located in a 1 mile planning area meaning there is no zoning
Type of Structure: Residential or commercial
Flood Zone: No
Floodplain: No
HOA/POA: No
Taxes: $281.31
Zoning/Development Restrictions: No
Road Access: Yes
Road Type: Paved
Wetlands: No
Topography: Slope
Environmental/Habit Issues: No known issues

(479) 326-7415
[email protected]

Location:

Music Mountain Road, Hot Springs National Park, AR 71913

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.