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173-173 Memorial Ln, Hot Springs National Park, AR, 71913

2beds
1baths
1,204sqft
$270,000
$224price/sqft
$1,831/moest. monthly cost
$73,240/yrincome needed

About This Home

Awesome Farm House 2 Bed, 1 Bath Built 1940, 1204 sf Home, 280sf Basement, Containing 10.913 Acres more or less, In Lake Hamilton School District. 2 Ponds, new survey December 2025. Metal Roof not sure of the age. Front Porch open, Side Porch screen enclosed. Storage/utility blgd. metal 8X8. Asphalt driveway, 2Storage/utility bldg. frame 20' X 20' & 18'X10' Well House. Garage-Frame unfinished, detach. G.P. Barn Lean-to 32'X20'. Great Place to build your new Home. No Sellers Property Disclosure! 1940 Home Place 1204 sf 2Bed 1Bath New AC, & Duct work less then 5 years. Basement area 280 sqft.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

5/10
Hot Springs High SchoolGrades 10-122.4 mi
7/10
Park Magnet SchoolGrades PK-63.0 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Slab/Crawl Combination,Basement
  • Roof: Metal
  • Construction materials: Frame,Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Agricultural/Farm/Ranch

Interior

Appliances

  • Appliances included: Washer,Dryer,Electric Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Kitchen/Dining Combo,Pantry
  • Flooring: Carpet,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central Heat - Electric
  • Cooling features: Central Cool - Electric

Interior Area

  • Total structure area: 1,204
  • Total interior livable area: 1,204 sqft

Property

Details

  • Zoning description: R-R Rural Res District

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Screened Porch,Porch
  • Exterior features: Storage
  • Fencing: Partial
  • Waterfront features: Pond

Lot

  • Lot size: 10.91 Acres
  • Features: Level,Rural Property,Cleared,Not in Subdivision,Out of City,Acreage,Livestock Allowed
  • Lot size dimensions: 10.913

Parking

  • Total spaces: 4
  • Parking features: Four Car or More,Detached,Side Entry

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Ice Storm
Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Heat Wave

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,365$16,380
Home Insurance $224$2,688
Property Taxes $108$1,296
Electricity $134$1,616
Total$1,831$21,972

Income You'd Need if You Spent...

35% on housing$62,777/yr
40% on housing$54,930/yr
45% on housing$48,826/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 71913$211
Garland County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 71913$155
Garland County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-14Contingent$270,000
2026-04-02Price change$270,000
2026-03-23Listed for sale$300,000

For Sale by Agent

AgentBert Bailey
BrokerageHot Springs Realty

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