1010 W Abilene Dr · Mobile, AL 36695

$185,000

3 bd · 2.0 ba · 1,560 sqft · SingleFamily public records · 18 Days on market

Built 1975 0.46 ac lot $119/sqft · at area comps Est $208k · 11% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.2/30.0
• ARV discount +12.4/15.0
• DSCR +6.4/10.0
• 1% rule +4.2/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Guess what—the seller still has the original blueprints for this home, built by her father in 1977. How often do you come across that? This well-loved property is ready for its next chapter and invites you to add your own style and updates. Priced appropriately, it presents a great opportunity you won’t want to miss. Homes from this era are known for their generous room sizes, and this one is no exception. 2 of the 3 bedrooms are exceptionally large, while the third offers comfortable space for guests, an office, or additional living needs. The expansive family room features a classic brick fireplace and overlooks the backyard, creating a warm and inviting setting. The traditional galley kitchen includes a breakfast area, and a combined living and dining room, Outside, you’ll find a single garage along with an attached carport, plus a partially fenced yard filled with mature shrubs and trees that add charm and privacy. The seller is unable to provide dates for most updates, as the father completed much of the work over the years. However, insulation was added in 2021, and the carport roof was replaced around 2022. The home is being sold AS IS. This is a court-ordered sale, but both owners are motivated. **Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s).**

Key facts

• Single garage
• Original blueprints
• 0.46 acre lot

Tags

• ORIGINAL BLUEPRINTS
• CLASSIC BRICK FIREPLACE
• TRADITIONAL GALLEY KITCHEN
• PARTIALLY FENCED YARD
• MATURE SHRUBS AND TREES
• SINGLE GARAGE

Property features AI

Finance

• HOA & community: No homeowner association transfer fees; No community features

Exterior

• Parking: Detached parking; Single carport (1 covered space)
• Utilities: Electric service by Alabama Power; Public water and sewer not specifically listed
• Home design: Single-family residence; One level; Resale property
• Construction: Brick construction; Slab foundation; Composition roof; Built area recorded by appraiser (1,676 square feet)
• Exterior features: Partial fencing; Open front porch, rear porch, and additional porch; Exterior storage

Interior

• Kitchen: Gas range
• Bedrooms: First-floor primary bedroom with primary bath combo
• Flooring: Carpet; Vinyl; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central electric cooling; Ceiling fan(s)
• Interior features: Breakfast bar; Eat-in kitchen; Ceiling fan(s); Gas fireplace in family room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $234 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (8.3% below list).
• Recommended offer: $170k (8.3% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 4.9% in Mobile — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#20 in AL, #4,262 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D-, crime F, employment D-.
• Mobile County (urban): math 15% / reading 39% proficiency, ranked #81 of 129 in AL (top 63%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.4%/yr); 551 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $169,642 (8.3% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 7.81%
• Cash-on-cash: 5.41%
• DSCR: 1.24
• GRM: 9.1

CMA / ARV

• ARV (median comp): $207,576
• List price: $185,000
• Delta: -10.88%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9391 Smokewood Dr	0.06mi	3/2.0	1,506 (-4%)	4mo	$239,000	$159	89
1010 W Abilene Dr	0.00mi	3/2.0	1,676 (+7%)	0mo	$174,000	$104	87
9375 Ashwood Ct	0.20mi	4/2.0 (+1)	1,537 (-2%)	3mo	$249,900	$163	81
801 Copperfield Dr E	0.31mi	3/2.0	1,531 (-2%)	2mo	$220,000	$144	81
1205 Colonial Hills Dr	0.40mi	3/2.0	1,582 (+1%)	1mo	$270,500	$171	78
9460 Burnt Oak Dr	0.17mi	3/2.5	1,670 (+7%)	1mo	$250,000	$150	78
9410 ASHWOOD Ct	0.16mi	3/2.0	1,700 (+9%)	3mo	$220,000	$129	75
9613 Oak Forrest Pl	0.49mi	3/2.0	1,606 (+3%)	1mo	$230,000	$143	71
9425 Yorktowne Way	0.48mi	3/2.0	1,631 (+5%)	6mo	$200,000	$123	66
750 Hale Rd	0.48mi	3/2.0	1,438 (-8%)	2mo	$200,000	$139	63
835 Royal Woods Dr E	0.40mi	3/2.0	1,386 (-11%)	2mo	$215,000	$155	61
789 Royal Woods Dr W	0.52mi	3/2.0	1,398 (-10%)	5mo	$223,000	$160	54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -11.0%
• Equity multiple: 0.61×
• Total profit: $-20,156
• Equity at exit: $27,584

10-year hold

• IRR: -6.1%
• Equity multiple: 0.65×
• Total profit: $-17,938
• Equity at exit: $15,995

Cash invested: $51,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36695

• Home prices YoY: -30.9%
• Rents YoY: -0.4%
• Active inventory: 551
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,696 high
• Mortgage (P&I): −$970
• Tax from tax record: −$59 /mo · $713/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $234

Break-even live

Break-even rent $1,401

Max offer price $185,000

Occupancy floor 81%

Sensitivity live

Price	-10% $338	-5% $286	+0% $234	+5% $181	+10% $129
Rent	-10% $100	-5% $167	+0% $234	+5% $301	+10% $368
Rate	-1.0pp $327	-0.5pp $281	base $234	+0.5pp $186	+1.0pp $137

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9490 Cinder Dr Mobile, AL	3.0	3.0	1783	$1,800	$1.01	14d	1	0.26mi
791 Copperfield Dr E Mobile, AL	3.0	2.0	1256	$1,495	$1.19	44d	1	0.33mi
725 Copperfield Dr E Mobile, AL	3.0	2.0	1454	$1,500	$1.03	14d	1	0.41mi
1345 Baker Ct Mobile, AL	3.0	2.0	1252	$1,500	$1.20	44d	1	0.49mi
9650 Trailwood Dr S Mobile, AL	3.0	2.0	1118	$1,275	$1.14	14d	1	0.51mi
9760 Royal Woods Dr N Mobile, AL	3.0	2.0	1127	$1,395	$1.24	44d	1	0.72mi
8563 Rosefield Dr N Mobile, AL	4.0	2.0	2047	$2,200	$1.07	44d	1	1.21mi

Listing history 8 events

1. 2026-05-11
   status Pending 1424-char remark

   Show marketing remark (1371 chars)

   Guess what—the seller still has the original blueprints for this home, built by her father in 1977. How often do you come across that? This well-loved property is ready for its next chapter and invites you to add your own style and updates. Priced appropriately, it presents a great opportunity you won’t want to miss. Homes from this era are known for their generous room sizes, and this one is no exception. 2 of the 3 bedrooms are exceptionally large, while the third offers comfortable space for guests, an office, or additional living needs. The expansive family room features a classic brick fireplace and overlooks the backyard, creating a warm and inviting setting. The traditional galley kitchen includes a breakfast area, and a combined living and dining room, Outside, you’ll find a single garage along with an attached carport, plus a partially fenced yard filled with mature shrubs and trees that add charm and privacy. The seller is unable to provide dates for most updates, as the father completed much of the work over the years. However, insulation was added in 2021, and the carport roof was replaced around 2022. The home is being sold AS IS. This is a court-ordered sale, but both owners are motivated. **Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s).**

2. 2026-05-11
   status Pending 1371-char remark

   Show marketing remark (1371 chars)

   Guess what—the seller still has the original blueprints for this home, built by her father in 1977. How often do you come across that? This well-loved property is ready for its next chapter and invites you to add your own style and updates. Priced appropriately, it presents a great opportunity you won’t want to miss. Homes from this era are known for their generous room sizes, and this one is no exception. 2 of the 3 bedrooms are exceptionally large, while the third offers comfortable space for guests, an office, or additional living needs. The expansive family room features a classic brick fireplace and overlooks the backyard, creating a warm and inviting setting. The traditional galley kitchen includes a breakfast area, and a combined living and dining room, Outside, you’ll find a single garage along with an attached carport, plus a partially fenced yard filled with mature shrubs and trees that add charm and privacy. The seller is unable to provide dates for most updates, as the father completed much of the work over the years. However, insulation was added in 2021, and the carport roof was replaced around 2022. The home is being sold AS IS. This is a court-ordered sale, but both owners are motivated. **Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s).**

3. 2026-04-23
   listed $185,000 Active 1371-char remark

   Show marketing remark (1371 chars)

   Guess what—the seller still has the original blueprints for this home, built by her father in 1977. How often do you come across that? This well-loved property is ready for its next chapter and invites you to add your own style and updates. Priced appropriately, it presents a great opportunity you won’t want to miss. Homes from this era are known for their generous room sizes, and this one is no exception. 2 of the 3 bedrooms are exceptionally large, while the third offers comfortable space for guests, an office, or additional living needs. The expansive family room features a classic brick fireplace and overlooks the backyard, creating a warm and inviting setting. The traditional galley kitchen includes a breakfast area, and a combined living and dining room, Outside, you’ll find a single garage along with an attached carport, plus a partially fenced yard filled with mature shrubs and trees that add charm and privacy. The seller is unable to provide dates for most updates, as the father completed much of the work over the years. However, insulation was added in 2021, and the carport roof was replaced around 2022. The home is being sold AS IS. This is a court-ordered sale, but both owners are motivated. **Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s).**

4. 2026-04-23
   listed $185,000 Active 1424-char remark

   Show marketing remark (1371 chars)

   Guess what—the seller still has the original blueprints for this home, built by her father in 1977. How often do you come across that? This well-loved property is ready for its next chapter and invites you to add your own style and updates. Priced appropriately, it presents a great opportunity you won’t want to miss. Homes from this era are known for their generous room sizes, and this one is no exception. 2 of the 3 bedrooms are exceptionally large, while the third offers comfortable space for guests, an office, or additional living needs. The expansive family room features a classic brick fireplace and overlooks the backyard, creating a warm and inviting setting. The traditional galley kitchen includes a breakfast area, and a combined living and dining room, Outside, you’ll find a single garage along with an attached carport, plus a partially fenced yard filled with mature shrubs and trees that add charm and privacy. The seller is unable to provide dates for most updates, as the father completed much of the work over the years. However, insulation was added in 2021, and the carport roof was replaced around 2022. The home is being sold AS IS. This is a court-ordered sale, but both owners are motivated. **Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s).**

5. 2025-08-08
   soldstatus $25,750 Closed

   Show marketing remark (320 chars)

   Planning to build? This lot is just over 1/2 an acre (.55) in an established west Mobile neighborhood. It is conveniently located off of Airport Blvd. with easy access to schools, churches and shopping. The lot has beautiful mature trees and azaleas. 1200 square ft minimum required for home. There is no active HOA.

6. 2025-07-31
   status Pending

   Show marketing remark (320 chars)

   Planning to build? This lot is just over 1/2 an acre (.55) in an established west Mobile neighborhood. It is conveniently located off of Airport Blvd. with easy access to schools, churches and shopping. The lot has beautiful mature trees and azaleas. 1200 square ft minimum required for home. There is no active HOA.

7. 2025-06-06
   price $36,000

   Show marketing remark (320 chars)

   Planning to build? This lot is just over 1/2 an acre (.55) in an established west Mobile neighborhood. It is conveniently located off of Airport Blvd. with easy access to schools, churches and shopping. The lot has beautiful mature trees and azaleas. 1200 square ft minimum required for home. There is no active HOA.

8. 2025-05-13
   listed $37,500 Active

   Show marketing remark (320 chars)

   Planning to build? This lot is just over 1/2 an acre (.55) in an established west Mobile neighborhood. It is conveniently located off of Airport Blvd. with easy access to schools, churches and shopping. The lot has beautiful mature trees and azaleas. 1200 square ft minimum required for home. There is no active HOA.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $713 · $59/mo
• Projected year-2 tax: $759 · $63/mo
• Expected delta: +$46/yr (+$4/mo · 6.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,357
• − Mortgage interest: −$10,363
• − Property taxes: −$713
• − Insurance: −$925
• − Repairs & maintenance: −$1,629
• − Management: −$1,629
• − Depreciation: −$5,382
• Taxable loss: −$283
• Est. tax savings @ 24.0%: +$68
• After-tax cash flow: $2,870/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mobile County
• NCES district ID: 0102370
• Math proficiency: 15% ▼ -28.00%
• Reading proficiency: 39% ▬ 0.00%
• Median HH income: $42,455
• Composite: 22.9/100
• National rank: #8002
• State rank: #81 of 129 in AL

Livability — Mobile

• Score: 75/100
• State rank: #20
• US rank: #4262

Category grades

Amenities B- Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 52,690
• Household income: $76,040
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 1619.0

Population outlook (Mobile County) Hauer SSP2

• Today (2025): 415,303 people
• By 2030: 411,755 · -0.9%
• By 2040: 399,670 · -3.8%
• By 2050: 382,616 · -7.9%
• By 2075: 337,353 · -18.8%
• By 2100: 283,391 · -31.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 23% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam, China
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% Arabic 1%

Political lean MEDSL · Mobile

• 2024 margin: R (+16.4) · D 41.3% · R 57.7%
• 2008→2024 swing: -7.7pp toward R · 2008: -8.7pp · 2024: -16.4pp
• All cycles: 2024: R+16.4 2020: R+11.9 2016: R+13.9 2012: R+9.3 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.28%
• Current HPI: 193.1651
• Rent YoY: ▼ -0.41%
• Metro: Mobile, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+364.0% since first listed

10 events — show timeline

• 2026-06-08 Sold (MLS) $174,000 BCAR
• 2026-06-08 Sold (MLS) $174,000 GCMLS AL
• 2026-05-11 Pending — BCAR
• 2026-05-11 Pending — GCMLS AL
• 2026-04-23 Listed $185,000 GCMLS AL
• 2026-04-23 Listed $185,000 BCAR
• 2025-08-08 Sold (MLS) $25,750 GCMLS AL
• 2025-07-31 Pending — GCMLS AL
• 2025-06-06 Price Changed $36,000 GCMLS AL
• 2025-05-13 Listed $37,500 GCMLS AL

Property tax history

+20.7%/yr

Latest (2025): $713 · +20.7% YoY. Source: county tax records.