$185,000

231 Oak Street, Hot Springs, AR 71901

  • 3 beds |
  • 2 baths |
  • 1,349 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $137/sqft
  • Property List Date Icon 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

L

Langston Elementary Leadership Academy

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

Grades PK-6

0.68 miles away

H

Hot Springs Junior Academy

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

Grades 7-8

1.67 miles away

H

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.

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