Active

$245,000

303 Jerome St, Hot Springs, AR 71913

4beds

1,314sqft

Est.:

Single Family Residence

Built in 1960

0.25 Acres Lot

$236,500 Zestimate^®

$186/sqft

$-- HOA

What's special

In-law quartersPersonal escapeFinished basementGuest space

Feeling lucky? You should. This 4-bed, 2-bath home is so close to Oaklawn Race Track and Casino you could win big, grab a drink, and make it home before the house even knows it lost. It’s fully furnished, short-term rental licensed, and completely turn-key—ready to start earning before race season hits. Set up to sleep 10+ guests, it’s perfect for race fans, group getaways, or anyone who believes ROI stands for Races, Oaklawn, and Income. The finished basement can double as in-law quarters, guest space, or your personal escape for when the good times hit back. Race season’s right around the corner, and this place is the surest bet in town.

86 days

339

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: In-Law Quarters, Other (see remarks)

Dining room

Features: Kitchen/Dining Combo

Heating

Natural Gas

Cooling

Electric

Appliances

Included: Free-Standing Range, Bar Fridge
Laundry: Laundry Room

Features

Tile Counters, 3 Bedrooms Same Level
Flooring: Wood, Tile
Basement: Finished,Interior Entry,Walk-Out Access
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,314
Total interior livable area: 1,314 sqft

Property

Parking

Parking features: Carport
Has carport: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 0.25 Acres
Features: Sloped

Details

Parcel number: 40006650030000

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick, Metal/Vinyl Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

New construction: No
Year built: 1960

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Water: Public

Community & HOA

Community

Subdivision: Browns

HOA

Has HOA: No

Location

Region: Hot Springs

Financial & listing details

Price per square foot: $186/sqft
Tax assessed value: $98,550
Annual tax amount: $1,429
Date on market: 10/31/2025
Listing terms: VA Loan,FHA,Conventional,Cash
Road surface type: Paved

Estimated market value

$236,500

$225,000 - $248,000

$1,521/mo

Price history

Date	Event	Price
10/31/2025	Listed for sale	$245,000-10.9%$186/sqft
Source: CARMLS #25043649 Report a problem
9/23/2025	Listing removed	$275,000$209/sqft
Source: CARMLS #25015751 Report a problem
4/23/2025	Listed for sale	$275,000+23.6%$209/sqft
Source: CARMLS #25015751 Report a problem
7/15/2024	Sold	$222,500-5.3%$169/sqft
Source: CARMLS #24016486 Report a problem
6/11/2024	Price change	$235,000-2.9%$179/sqft
Source: CARMLS #24016486 Report a problem