We're all looking for ways to cut down our costs with rising fuel prices and one of the best ways to do that is to stay closer to home. If you live in Texarkana one of my favorite places to visit is in Hot Springs.

Lake Place Cottage

Whether you looking for a weekend getaway or a week-long vacation, the Lake Place Cottage is just what the doctor ordered for a little rest and relaxation. This is perfect for a romantic couples getaway or just some alone time.

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Lake Place Cottage is surrounded by the beauty of the mountains with amazing views of Lake Hamilton.

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This cozy 600-square-foot cottage has been completely remodeled with a large open living room and kitchen dining area.

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There's a comfy one-bedroom and a bathroom with a tile walk-in shower with a vanity. There's even a queen sleeper sofa in the living room for that extra guest.

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The vaulted ceiling living area opens up into the large deck overlooking the lake and Music Mountain.

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Imagine drinking a cup of coffee and hearing the sound of birds chirping as the sun comes up over Lake Hamilton. Bring your fishing pole because with 45 feet of lakeshore in the Stokes Creek River Basin there's plenty to do.

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Lake Place Cottage is located in a quiet cove just off the main channel and is the perfect getaway for that budget-minded person or family.

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Get more information on this incredible VRBO here.

LOOK: Here are the best lake towns to live in

Many of the included towns jump out at the casual observer as popular summer-rental spots--the Ozarks' Branson, Missouri, or Arizona's Lake Havasu--it might surprise you to dive deeper into some quality-of-life offerings beyond the beach and vacation homes. You'll likely pick up some knowledge from a wide range of Americana: one of the last remaining 1950s-style drive-ins in the Midwest; a Florida town that started as a Civil War veteran retirement area; an island boasting some of the country's top public schools and wealth-earners right in the middle of a lake between Seattle and Bellevue; and even a California town containing much more than Johnny Cash's prison blues.

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