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509 Delaware St, Hot Springs, AR, 71901

0beds
0baths
1,147sqft
$37,900
$33price/sqft
$386/moest. monthly cost
$15,440/yrincome needed

About This Home

This is a foreclosure owned by Regions Bank. House has been gutted by prior owner and is ready to remodel. Also comes with outbuilding and extra lot. Perfect opportunity to buy cheap and make it your own, or flip.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
5/10
Hot Springs High SchoolGrades 10-121.3 mi
7/10
Park Magnet SchoolGrades PK-61.5 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Metal/Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Dining Room

  • Features: None

Features

  • All Bedrooms Down
  • Flooring: Other
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,147
  • Total interior livable area: 1,147 sqft

Property

Details

  • Parcel number: 40019100134000
  • Special condition: In Foreclosure

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.32 Acres
  • Features: Sloped,Level,Cleared,Subdivided
  • Lot size dimensions: 140 x 100

Parking

  • Total spaces: 1
  • Parking features: Carport,One Car
  • Carport: Yes

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 StormRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Earthquake
Hail
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

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 $191$2,292
Home Insurance $28$336
Property Taxes $33$396
Electricity $134$1,616
Total$386$4,632

Income You'd Need if You Spent...

35% on housing$13,234/yr
40% on housing$11,580/yr
45% on housing$10,293/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

$33This listing

vs Other Active Listings

Avg $/sqft

ZIP 71901$134
Garland County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 71901$154
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
2026-02-23Listed for sale$45,000
2021-12-17Sold$115,000
2021-11-15Contingent$110,000
2021-11-10Listed for sale$110,000
2005-11-29Sold$3,000

Unknown Listed By

AgentTravis Brown
BrokerageSouthern Realty of Hot Springs, Inc.

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