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111 Shadow Ter, Hot Springs, AR, 71901

2beds
1baths
2,048sqft
$55,000
$27price/sqft
$490/moest. monthly cost
$19,600/yrincome needed

About This Home

Calling all investors and contractors! Renovation duplex project with huge upside potential in a prime Hot Springs location, between Oaklawn and downtown. This is a roll-up-your-sleeves renovation project for experienced investors and contractors ready to capitalize on Hot Springs booming rental market. Don't miss this rare opportunity to own income-producing real estate in one of Arkansas's hottest tourism markets. Newer roof and tons of potential here! Listing broker owns the subject property. Listing broker does not provide buyer or seller representation in the State of Arkansas.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

4/10
Langston Magnet SchoolGrades PK-60.6 mi
5/10
Hot Springs High SchoolGrades 10-122.0 mi
4/10

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 2,048 sqft

Property

Details

  • Parcel number: 40019050015000

Features

  • Stories: 2

Lot

  • Lot size: 0.25 Acres
  • Features: Near Public Transit,Other,1/4 Up to 1/2 Acre

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
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $278$3,336
Home Insurance $42$504
Property Taxes $22$264
Electricity $148$1,779
Total$490$5,880

Income You'd Need if You Spent...

35% on housing$16,800/yr
40% on housing$14,700/yr
45% on housing$13,066/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

$27This 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
2026-02-11Listed for sale$55,000
2025-10-02Listing removed$62,500
2025-04-01Listed for sale$62,500
2025-04-01Listing removed$65,000
2025-03-07Price change$65,000
2024-12-21Price change$75,000
2024-10-30Price change$85,000
2024-09-09Listed for sale$97,500
2024-07-10Listing removed--
2024-07-01Listed for sale$79,500
2024-06-04Contingent$79,500
2024-04-22Price change$79,500
2024-02-29Listed for sale$85,000
2014-10-09Sold$35,000
1994-09-23Sold$5,000

For Sale by Agent

AgentHoria Jordache
BrokeragePremier Realty Group

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