3326 Avalon Lake Dr · Huntsville, AL 35756

$234,900

4 bd · 2.0 ba · 2,756 sqft · SingleFamily public records · 234 Days on market

Built 2010 8,712 sqft lot $85/sqft · 14% below area Est $272k · 14% 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 +21.4/30.0
• ARV discount +13.7/15.0
• DSCR +6.8/10.0
• 1% rule +4.8/10.0
• Livability +4.1/5.0
• Schools +2.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 4-bedroom, 2.5-bath home located in the highly sought-after Westlake Subdivision. This property offers a prime location convenient to shopping, schools, and restaurants, with an easy commute to work. The home features a spacious living room, and a well-appointed kitchen with appliances and abundant cabinetry. The primary bedroom includes a full master bath. Additional amenities include a two-car attached garage, privacy-fenced backyard, and concrete driveway. An exceptional combination of comfort, functionality, and location.

Key facts

• Westlake subdivision
• Prime location
• Spacious living room

Tags

• WESTLAKE SUBDIVISION
• PRIME LOCATION
• SPACIOUS LIVING ROOM
• WELL-APPOINTED KITCHEN
• PRIVACY-FENCED BACKYARD
• CONCRETE DRIVEWAY

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/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 $230k (2.2% below list).
• Recommended offer: $207k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.1%/yr); 826 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 494 units permitted in Limestone County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Limestone County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 234 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 12y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $206,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 234 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.98% ✗
• Cap rate: 8.08%
• Cash-on-cash: 6.38%
• DSCR: 1.28
• GRM: 8.5

CMA / ARV

• ARV (median comp): $272,178
• List price: $234,900
• Delta: -13.70%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3123 Avalon Lake Dr	0.16mi	3/2.0 (-1)	2,642 (-4%)	6mo	$199,900	$76	76
3191 Avalon Lake Dr	0.15mi	3/2.5 (-1)	2,754 (-0%)	18mo	$263,000	$95	71
3601 Preserve Park Blvd SW	0.52mi	4/3.0	2,830 (+3%)	5mo	$603,900	$213	64
3071 Castlecreek Dr	0.10mi	4/2.5	3,100 (+12%)	17mo	$259,000	$84	58
3593 Adrea Ave SW	0.46mi	5/3.0 (+1)	2,980 (+8%)	1mo	$497,109	$167	55
3624 Adrea Ave SW	0.48mi	5/3.0 (+1)	2,980 (+8%)	3mo	$479,900	$161	53
3628 Whistling Way SW	0.46mi	4/3.0	2,377 (-14%)	2mo	$396,000	$167	50
3590 Adrea Ave	0.45mi	4/3.0	2,361 (-14%)	3mo	$419,900	$178	49
3597 Whistling Way SW	0.44mi	4/3.0	2,377 (-14%)	4mo	$403,900	$170	49
3627 Preserve Park Blvd SW	0.53mi	5/4.5 (+1)	3,133 (+14%)	1mo	$650,400	$208	37

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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.70×
• Total profit: $-20,056
• Equity at exit: $35,024

10-year hold

• IRR: -1.4%
• Equity multiple: 0.91×
• Total profit: $-5,642
• Equity at exit: $20,310

Cash invested: $65,772 (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 35756

• Home prices YoY: -21.7%
• Rents YoY: 1.1%
• Active inventory: 826
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,297 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$135 /mo · $1,620/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $350

Break-even live

Break-even rent $1,854

Max offer price $234,900

Occupancy floor 80%

Sensitivity live

Price	-10% $483	-5% $416	+0% $350	+5% $283	+10% $217
Rent	-10% $168	-5% $259	+0% $350	+5% $440	+10% $531
Rate	-1.0pp $468	-0.5pp $409	base $350	+0.5pp $289	+1.0pp $227

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3693 Avalon Lake Dr Madison, AL	3.0	2.5	2356	$1,816	$0.77	45d	1	0.34mi
3703 Avalon Lake Dr Madison, AL	4.0	2.5	3840	$2,245	$0.58	15d	1	0.34mi

Listing history 30 events

1. 2026-06-22
   days on market $234,900 Active 234 DOM
2. 2026-06-18
   days on market $234,900 Active 231 DOM
3. 2026-06-17
   days on market $234,900 Active 230 DOM
4. 2026-06-16
   days on market $234,900 Active 229 DOM
5. 2026-06-15
   days on market $234,900 Active 228 DOM
6. 2026-06-14
   days on market $234,900 Active 226 DOM
7. 2026-06-10
   days on market $234,900 Active 223 DOM
8. 2026-06-09
   days on market $234,900 Active 222 DOM
9. 2026-06-08
   days on market $234,900 Active 221 DOM
10. 2026-06-07
    days on market $234,900 Active 220 DOM
11. 2026-06-03
    pricedays on market $234,900 Active 216 DOM
12. 2026-06-02
    days on market $244,900 Active 215 DOM
13. 2026-06-01
    days on market $244,900 Active 214 DOM
14. 2026-05-31
    days on market $244,900 Active 213 DOM
15. 2026-05-30
    days on market $244,900 Active 212 DOM
16. 2026-04-08
    status Active 541-char remark

    Show marketing remark (541 chars)

    Beautiful 4-bedroom, 2.5-bath home located in the highly sought-after Westlake Subdivision. This property offers a prime location convenient to shopping, schools, and restaurants, with an easy commute to work. The home features a spacious living room, and a well-appointed kitchen with appliances and abundant cabinetry. The primary bedroom includes a full master bath. Additional amenities include a two-car attached garage, privacy-fenced backyard, and concrete driveway. An exceptional combination of comfort, functionality, and location.

17. 2026-02-18
    historical Contingent 541-char remark

    Show marketing remark (541 chars)

    Beautiful 4-bedroom, 2.5-bath home located in the highly sought-after Westlake Subdivision. This property offers a prime location convenient to shopping, schools, and restaurants, with an easy commute to work. The home features a spacious living room, and a well-appointed kitchen with appliances and abundant cabinetry. The primary bedroom includes a full master bath. Additional amenities include a two-car attached garage, privacy-fenced backyard, and concrete driveway. An exceptional combination of comfort, functionality, and location.

18. 2026-01-28
    price $244,900 541-char remark

    Show marketing remark (541 chars)

    Beautiful 4-bedroom, 2.5-bath home located in the highly sought-after Westlake Subdivision. This property offers a prime location convenient to shopping, schools, and restaurants, with an easy commute to work. The home features a spacious living room, and a well-appointed kitchen with appliances and abundant cabinetry. The primary bedroom includes a full master bath. Additional amenities include a two-car attached garage, privacy-fenced backyard, and concrete driveway. An exceptional combination of comfort, functionality, and location.

19. 2025-10-30
    listed $249,900 Active 541-char remark

    Show marketing remark (541 chars)

    Beautiful 4-bedroom, 2.5-bath home located in the highly sought-after Westlake Subdivision. This property offers a prime location convenient to shopping, schools, and restaurants, with an easy commute to work. The home features a spacious living room, and a well-appointed kitchen with appliances and abundant cabinetry. The primary bedroom includes a full master bath. Additional amenities include a two-car attached garage, privacy-fenced backyard, and concrete driveway. An exceptional combination of comfort, functionality, and location.

20. 2023-07-18
    soldstatus $220,000
21. 2023-07-07
    soldstatus $226,800 Sold 618-char remark

    Show marketing remark (618 chars)

    Come see this amazing home offers an open floor plan with plenty of space for families or entertaining! It features newly installed LVP flooring throughout the foyer and living room located on the first floor. Upstairs, you will find this home boasts a large master suite, two additional bedrooms-all of which include grear sized walk in closets! You'll find an additional full bathroom located off of the oversize loft that would work perfectly as an office, playroom, or hangout area. The home also features 2 car garage and a newly added privacy fence around the back yard. Call and schedule your appointment today!

22. 2023-06-06
    status Pending 618-char remark

    Show marketing remark (618 chars)

    Come see this amazing home offers an open floor plan with plenty of space for families or entertaining! It features newly installed LVP flooring throughout the foyer and living room located on the first floor. Upstairs, you will find this home boasts a large master suite, two additional bedrooms-all of which include grear sized walk in closets! You'll find an additional full bathroom located off of the oversize loft that would work perfectly as an office, playroom, or hangout area. The home also features 2 car garage and a newly added privacy fence around the back yard. Call and schedule your appointment today!

23. 2023-05-23
    price $230,000 618-char remark

    Show marketing remark (618 chars)

    Come see this amazing home offers an open floor plan with plenty of space for families or entertaining! It features newly installed LVP flooring throughout the foyer and living room located on the first floor. Upstairs, you will find this home boasts a large master suite, two additional bedrooms-all of which include grear sized walk in closets! You'll find an additional full bathroom located off of the oversize loft that would work perfectly as an office, playroom, or hangout area. The home also features 2 car garage and a newly added privacy fence around the back yard. Call and schedule your appointment today!

24. 2023-03-24
    listed $240,000 Active 618-char remark

    Show marketing remark (618 chars)

    Come see this amazing home offers an open floor plan with plenty of space for families or entertaining! It features newly installed LVP flooring throughout the foyer and living room located on the first floor. Upstairs, you will find this home boasts a large master suite, two additional bedrooms-all of which include grear sized walk in closets! You'll find an additional full bathroom located off of the oversize loft that would work perfectly as an office, playroom, or hangout area. The home also features 2 car garage and a newly added privacy fence around the back yard. Call and schedule your appointment today!

25. 2020-06-09
    soldstatus $155,000
26. 2020-05-29
    soldstatus $155,000 Sold
27. 2020-04-20
    status Pending
28. 2020-04-07
    listed $155,000 Active
29. 2014-11-07
    soldstatus $80,120
30. 2014-07-15
    listed $90,000

ⓘ 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: $1,620 · $135/mo
• Projected year-2 tax: $1,620 · $135/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,560
• − Mortgage interest: −$13,158
• − Property taxes: −$1,620
• − Insurance: −$1,174
• − Repairs & maintenance: −$2,205
• − Management: −$2,205
• − Depreciation: −$6,833
• Taxable income: $364
• Est. tax owed @ 24.0%: −$87
• After-tax cash flow: $4,108/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntsville, AL
• County: Limestone County · 80,439 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 24,947
• Household income: $129,852
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 286.0

Population outlook (Limestone County) Hauer SSP2

• Today (2025): 111,441 people
• By 2030: 121,272 · +8.8%
• By 2040: 140,705 · +26.3%
• By 2050: 159,069 · +42.7%
• By 2075: 202,231 · +81.5%
• By 2100: 230,608 · +106.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Black 21% Two or more races 9% Hispanic / Latino 7% Asian 6% Native American 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 3% Serbian 3% Slovak 3%
• Foreign-born: 8% · China, South Korea, Canada
• Languages at home: 90% English-only · Spanish 3% Korean 2% Other Indo-European 2%

Political lean MEDSL · Limestone

• 2024 margin: Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.2%
• 2008→2024 swing: -2.0pp toward R · 2008: -41.9pp · 2024: -43.9pp
• All cycles: 2024: R+43.9 2020: R+42.6 2016: R+49.5 2012: R+43.6 2008: R+41.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.15%
• Current HPI: 180.5285
• Rent YoY: ▲ 1.15%
• Metro: Huntsville, 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

+172.1% since first listed

15 events — show timeline

• 2026-04-08 Relisted — VMLS
• 2026-02-18 Contingent — VMLS
• 2026-01-28 Price Changed $244,900 VMLS
• 2025-10-30 Listed $249,900 VMLS
• 2023-07-18 Sold (Public Records) $220,000 Public Records
• 2023-07-07 Sold (MLS) $226,800 VMLS
• 2023-06-06 Pending — VMLS
• 2023-05-23 Price Changed $230,000 VMLS
• 2023-03-24 Listed $240,000 VMLS
• 2020-06-09 Sold (Public Records) $155,000 Public Records
• 2020-05-29 Sold (MLS) $155,000 VMLS
• 2020-04-20 Pending — VMLS
• 2020-04-07 Listed $155,000 VMLS
• 2014-11-07 Sold (MLS) $80,120 VMLS
• 2014-07-15 Listed $90,000 VMLS

Property tax history

+7.3%/yr

Latest (2025): $1,620 · +1.2% YoY. Source: county tax records.