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47 Malaga Way, Hot Springs, AR, 71909

3beds
2baths
1,548sqft
$199,970
$129price/sqft
$1,354/moest. monthly cost
$54,160/yrincome needed

About This Home

Cozy Hot Springs Village home featuring a rustic look in a quiet neighborhood setting. Features a fenced backyard with a deck for relaxing or entertaining friends and family. This place feels like home the minute you walk through the door. Roof last replaced in 2017 and HVAC system replaced in 2014.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
4/10
6/10
Jessieville High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Stone,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Disposal,Electric Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Kitchen/Dining Combo

Features

  • Ceiling Fan(s),Sheet Rock,Sheet Rock Ceiling,Vaulted Ceiling(s),3 Bedrooms Same Level
  • Window features: Insulated Windows,Skylight(s)
  • Flooring: Wood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,548
  • Total interior livable area: 1,548 sqft

Property

Details

  • Parcel number: 20056800071000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Rain Gutters
  • Fencing: Partial,Chain Link

Lot

  • Lot size: 0.26 Acres
  • Features: Sloped,Subdivided

Parking

  • Parking features: Carport
  • 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 StormVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

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

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 $1,011$12,132
Home Insurance $130$1,560
Property Taxes $79$948
Electricity $134$1,616
Total$1,354$16,248

Income You'd Need if You Spent...

35% on housing$46,422/yr
40% on housing$40,620/yr
45% on housing$36,106/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

$129This listing

vs Other Active Listings

Avg $/sqft

ZIP 71909$155
Garland County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 71909$153
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)

Price History

DateEventPrice
2026-05-05Price change$199,970
2026-03-26Price change$209,000
2026-01-04Listed for sale$225,000
2020-09-04Sold$81,225
2020-07-17Listed for sale$81,225
2020-07-17Pending sale$81,225
2020-06-05Listed for sale$81,225
2020-05-03Listing removed$81,225
2020-05-01Price change$81,225
2020-04-07Price change$85,500
2020-02-12Listed for sale$92,000
1999-05-11Sold$74,000

For Sale by Agent

AgentMichael Israel
BrokerageMove Realty

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