This is a must see for any investor wanting to grow their portfolio in the Hot Springs area. This duplex sits in a small subdivision in the Lake Hamilton School District. Many new updates to the units have been done in the last 12 months including all new kitchen appliances in most units as well has many interior upgrades and remodels. All units are occupied with tenants and we have a waiting list for any available opens..
The median home value in Royal, AR is $248,600. This is higher than the county median home value of $218,500. The national median home value is $338,100. The average price of homes sold in Royal, AR is $248,600. Approximately 70% of Royal homes are owned, compared to 10.66% rented, while 19.34% are vacant. Royal real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Royal real estate agent to arrange a tour today!
Royal, Arkansas 71968 has a population of 3,914. Royal 71968 is more family-centric than the surrounding county with 37.78% of the households containing married families with children. The county average for households married with children is 23.81%.
The median household income in Royal, Arkansas 71968 is $69,780. The median household income for the surrounding county is $49,985 compared to the national median of $69,021. The median age of people living in Royal 71968 is 43.5 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 56.5 inches per year, with 1.7 inches of snow per year.