Hot Springs Homes under $200,000

Hot Springs Homes under $200,000

Welcome to Hot Springs, Arkansas, a gem nestled in the heart of Garland County, renowned for its natural beauty and rich history. Known for its therapeutic hot springs that have attracted visitors for centuries, this charming city is a perfect blend of relaxation and adventure. Whether you’re exploring the scenic trails of Hot Springs National Park or indulging in a rejuvenating spa day, there's something for everyone in this vibrant community.

For those looking to call Hot Springs home, you'll be delighted to discover a variety of homes available for under $200,000. This affordable housing market offers an array of options, from cozy bungalows to more spacious family homes, all set against the backdrop of picturesque landscapes. Imagine waking up to the serene sounds of nature, with the stunning Ouachita Mountains just a stone's throw away.

Living in Hot Springs means you can enjoy the best of both worlds: a peaceful, small-town atmosphere paired with a thriving cultural scene. Enjoy local dining, art galleries, and community events that foster a strong sense of belonging. With a cost of living well below the national average, you can stretch your budget further, making it an ideal place for first-time homebuyers, growing families, or retirees seeking a tranquil lifestyle.

Explore the possibilities of homeownership in Hot Springs, where your dream home awaits at an affordable price point. Embrace the charm of this unique city and start your next chapter in a community that truly feels like home.

Newest Hot Springs Homes under $200,000

160 Cooper Unit 21-c, Hot Springs
$132,900
2 Beds ⋅ 2 Baths ⋅ 26040084 MLS
2BR/ 2BA Condo with an open floor plan. Living room with a wood burning fireplace, area for dining room and double glass doors that lead to the balcony. The kitchen has been updated with granite counter tops, painted cabinets and stainless-steel appliances. There is laundry room with pantry storage. Both bedrooms are large and roomy with lots of closet space. The primary bedroom has its own bathroom with a shower the guest bedroom has direct access to the main bathroom. This condo has a club house and an inground pool! Trash service, termite contract and insurance is paid with the monthly dues. Washer, dryer and refrigerator can convey with acceptable offer.

160 Cooper Unit 21-c, Hot Springs
600 #801 Higdon Ferry, Hot Springs
$159,000
3 Beds ⋅ 2 Baths ⋅ 26040082 MLS
Welcome home to this bright and inviting zero-entry home at 600 Higdon Ferry Road, Apartment 801! This home features 3 large bedrooms 2 full baths and tons of storage. The master bedroom has a unique sound-dampening ceiling and 2 closets. The living room centers around a beautiful white brick wood-burning fireplace. Don't forget the colorful accent walls that add personality and charm. Convenient to shopping and entertainment; comfortable, and full of character—this one is ready to welcome you home.

600 #801 Higdon Ferry, Hot Springs
107 Chelle, Hot Springs
$129,900
3 Beds ⋅ 1 Baths ⋅ 26039937 MLS
Completely renovated in the Lakeside School District! This property has been updated top to bottom, so there's nothing left to do but move in or lease it out. The big-ticket items are already taken care of: a new roof installed at the end of 2022, as well as a new HVAC and a new water heater in 2023, giving you peace of mind for years to come. Inside, durable LVP flooring runs throughout and the kitchen features all new appliances with a stackable washer and dryer that will convey with the home. Out back, a fully fenced yard offers privacy and room to relax. With a great location and a desirable school district, this one works just as well for a homeowner looking for a fresh start as it does for an investor adding a low-maintenance rental to their portfolio. This home has a previous rental history of $1,300 a month. Come take a look at this turnkey home today!

107 Chelle, Hot Springs
44 Preakness, Hot Springs
$77,000
3 Beds ⋅ 2 Baths ⋅ 26039895 MLS
Welcome to 44 Preakness! This well- maintained doublewide modular home is located in the Lakeside School District & has been lovingly cared for by its current owner. Inside, you’ll find spacious bedrooms, a large master suite with a Jacuzzi tub, built-in kitchen shelving for added storage, and appliances that will remain with the home. A water softener system also conveys, and the HVAC was completely refurbished in 2025. Outside, the fully fenced yard offers a storage building, fire pit, and covered deck that’s perfect for grilling or gathering with family and friends, plus a beautiful creek flowing behind the property. The home also offers both ramp and stair access for added convenience. The neighborhood features a community pool and is conveniently located near grocery stores, shopping, and everyday amenities. It’s a cute, comfortable home that has truly been loved and offers a lot for the price!

44 Preakness, Hot Springs
1145 Cedar Creek, Hot Springs
$150,000
3 Beds ⋅ 2 Baths ⋅ 26039763 MLS
This well-maintained, spacious double-wide is being sold as-is, with all appliances included. The move-in-ready 3-bedroom, 2-bath home features 3.52 Acers, a two-year-old roof, an inground concrete storm shelter, and wired for a generator—making it an excellent option for a quick move.

1145 Cedar Creek, Hot Springs
104 E St. Louis, Hot Springs
$189,900
2 Beds ⋅ 1 Baths ⋅ 26039631 MLS
Just minutes from Oaklawn Racing Casino Resort, this completely remodeled 2-bedroom, 1-bathroom home combines turnkey comfort with proven investment appeal. Its 1,092-square-foot layout features refreshed finishes, inviting common areas, and 2 bedrooms, creating an efficient setting for guests, a convenient in-town retreat, or full-time living. Currently operating as an active short-term rental, the property offers the opportunity to continue welcoming visitors. Plus, coming fully furnished and Move-in-ready condition means fewer projects and more time enjoying Hot Springs or managing bookings instead of paint brushes. The beautiful backyard provides space for morning coffee, outdoor dining, lawn games, or post-race relaxation, while the carport adds sheltered parking. Majestic Softball Park and Kroger are nearby, with dining, entertainment, and signature attractions also within easy reach. Put this remodeled rental performer on your must-see list arrange a private tour today!

104 E St. Louis, Hot Springs
169 Alydar, Hot Springs
$100,000
2 Beds ⋅ 1 Baths ⋅ 26039457 MLS
This 3.02-acre property backs up to the Saline River and is located just minutes up HWY 7N from downtown Hot Springs and is in the gated subdivision of Natural Springs. There is a 2-bedroom 1 bath home on the property that is currently in a Zone A flood zone and has had some flood damage. The home may be moved to the front of the property and put on a 3' crawl space and could elevate out of the flood zone. All utilities are on site; all building materials convey. The condition of the property and necessary remediations were considered in the pricing.

169 Alydar, Hot Springs
110 Kayla, Hot Springs
$119,000
2 Beds ⋅ 2 Baths ⋅ 26039446 MLS
Two homes, one property, and plenty of possibilities! Located at 110 Kayla in Hot Springs, this unique property offers a main residence plus a separate efficiency-style tiny home, creating an opportunity for additional living space, rental income, or a variety of other uses. The primary home features 2 bedrooms, 1.5 baths, and a kitchen with appliances that convey. Tucked behind the main house is a separate 1-bedroom, 1-bath tiny home/efficiency apartment featuring a new kitchen, new appliances, and a washer and dryer. An addition has also been started and is ready for the next owner to finish out, offering even more potential to customize the space. Whether you're looking for an investment opportunity, space for extended household needs, or a property where you can live in one home while utilizing the other, this one offers options that are hard to find. Bring your ideas and make the most of the potential at 110 Kayla! Sale is subject to court approval.

110 Kayla, Hot Springs
231 Burroughs, Hot Springs
$197,500
3 Beds ⋅ 2 Baths ⋅ 26039244 MLS
AGENT IS OWNER. Major updates give you peace of mind in this well-maintained corner-lot home! The crawlspace was encapsulated in 2025, while the metal roof and gutters were replaced in 2022. HVAC and electrical updates were completed in 2018. Outside, enjoy a fenced backyard and patio. Inside, the wood-burning fireplace adds character and has been used primarily as a decorative feature. Previously used as a long-term rental, this property offers flexibility for an owner-occupant or investor. With many of the big-ticket items already addressed, you can focus on making the space your own and enjoying the home. Come take a look and fall in love with this charming bungalow!

231 Burroughs, Hot Springs
138 Highland Park, Hot Springs
$94,900
2 Beds ⋅ 1 Baths ⋅ 26038728 MLS
Conveniently located near all the amenities Hot Springs has to offer, this 2-bedroom, 1-bath home offers 1,093 square feet of comfortable living space. Features include a one-car carport and a fenced backyard, providing added convenience and privacy. Whether you’re a first-time homebuyer looking for a great starter home or an investor searching for a rental opportunity, this property is worth a look. Don’t miss this affordable opportunity in a convenient Hot Springs location!

138 Highland Park, Hot Springs
9528 Park Ave, Hot Springs
$129,900
3 Beds ⋅ 2 Baths ⋅ 26038695 MLS
Charming 3-bedroom, 2-bath mobile home situated on a spacious 0.54-acre lot! Enjoy the perfect blend of peaceful living and convenience, with plenty of outdoor space and easy access to shopping, dining, and local amenities. A great place to call home!

9528 Park Ave, Hot Springs
413 Mason St, Hot Springs
$169,000
2 Beds ⋅ 2 Baths ⋅ 26038634 MLS
Welcome home to this charming 2-bedroom, 2-bath home with a versatile bonus room offering plenty of space to fit your needs! The open living and dining area provides a comfortable layout for everyday living and entertaining and the bonus room provides additional flexibility and could be used as a playroom, home office, second living area, or hobby space. Outside, enjoy a covered patio area, fenced yard, and front porch with room to relax and enjoy the outdoors. With its functional floor plan and flexible living spaces, this home has plenty to offer. Schedule your private showing today!

413 Mason St, Hot Springs
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