$185,000

231 Oak Street, Hot Springs, AR 71901

3 beds |
2 baths |
1,349 sqft

Single-Family Home
Built in 1926
4,792sqft lot
—— car garage
$137/sqft
Listed 1 month ago

Property Description

Income-Producing STR — Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk. Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023—all conveying with the sale—allowing for a true turnkey acquisition. Operating as the “Rose House,” the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost—making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.

Listing Status:: Active
Date Added:: January 2, 2026
Data Last Updated:: February 14, 2026 at 4:44AM
Listing Office:: Crossroads Realty Group : 501-232-1223
Listing Agent:: Danielle L Blair : 501-655-4699
MLS ID:: 26000231

Rooms: None
Kitchen: Free-Standing StoveGas Range
Dining: Separate Dining Room
Flooring: CarpetWoodVinyl
A/C: Central Cool-ElectricCentral Heat-Electric
Heating: Central Cool-ElectricCentral Heat-Electric
Fireplace: Decorative/Non-Functional

General: Brick & Frame Combo
Style: Craftsman
Parking: Parking Pads

Roofing: Architectural Shingle
General: One StoryCrawl Space

Road/Access: Paved
HOA Amenities: 0.0
County: Garland

Utilities: Sewer-PublicWater-PublicElec-Municipal (+Entergy)Gas-Natural

This listing courtesy of Danielle L Blair , Crossroads Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Langston Elementary Leadership Academy

120 Chestnut St, Hot Springs National Park, AR, 71901

Grades PK-6

0.68 miles away

Hot Springs Junior Academy

701 Main St, Hot Springs National Park, AR, 71913

Grades 7-8

1.67 miles away

Hot Springs World Class High School

701 Emory St, Hot Springs National Park, AR, 71913

Grades 9-12

2.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.