209 Mountain Creek Dr · Huntsville, AL 35757

$255,000

4 bd · 2.0 ba · 1,251 sqft · SingleFamily public records · 48 Days on market

Built 1992 6,032 sqft lot $204/sqft · 19% above area Est $262k · at est.

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Why this score? — see what drove the D- 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 +11.3/30.0
• ARV discount +8.7/15.0
• Livability +4.1/5.0
• DSCR +3.3/10.0
• Schools +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Knox Creek Subdivision! This charming home features 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. The garage has been converted into a bonus room, providing additional versatility and functionality to suit your needs. Enjoy the privacy of a fenced yard, perfect for outdoor activities and relaxation. Located close to Clift Farms and all that Madison has to offer, you'll have easy access to shopping, dining, and entertainment. Don't miss out on this wonderful opportunity to call Knox Creek home!

Key facts

• Fresh paint
• New carpet
• Converted garage

Tags

• FULLY FENCED BACKYARD
• CONVERTED GARAGE
• NEW INTERIOR DOORS
• FRESH PAINT
• NEW CARPET

Property features AI

Finance

• Other: Living area approximately 1,527 square feet; Lot roughly 58 x 104; Directions available to property
• HOA & community: No homeowners association; Subdivision: Knox Creek

Exterior

• Parking: Concrete driveway
• Utilities: Public sewer
• Home design: Single-family residence; One story; Built in 1992; Residential property
• Construction: Vinyl siding; Slab foundation
• Exterior features: Covered patio; Front porch; Patio; Public water

Interior

• Kitchen: Range; Dishwasher
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Fireplace (one)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $-91 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (6.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $186k (27.2% below list).
• Recommended offer: $186k (27.2% below list) — sets the bar for 1% rule.
• Cap rate 5.9% 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.
• Zoned schools: Providence Elementary (math 14% / reading 42%, grade F, #385 of 627 statewide, top 62%, 848 students, 52% FRL); Williams Middle School (math 16% / reading 50%, grade F, #101 of 257 statewide, top 40%, 548 students, 58% FRL); Columbia High School (math 12% / reading 17%, grade F, #220 of 305 statewide, top 77%, 954 students, 50% FRL).
• Market conditions: Rents flat; 203 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 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 $8k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y ago 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.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $185,727 (27.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.73% ✗
• Cap rate: 5.86%
• Cash-on-cash: -1.53%
• DSCR: 0.93
• GRM: 11.4

CMA / ARV

• ARV (median comp): $261,748
• List price: $255,000
• Delta: -2.58%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Willow Bluff Dr	0.18mi	4/2.0	1,292 (+3%)	3mo	$236,000	$183	84
130 Sweet Hollow Way	0.07mi	3/2.0 (-1)	1,183 (-5%)	2mo	$215,000	$182	81
100 NW Sugar Bluff Ln NW	0.23mi	3/2.0 (-1)	1,263 (+1%)	2mo	$244,500	$194	81
105 Oakline Dr	0.15mi	3/2.0 (-1)	1,213 (-3%)	2mo	$211,000	$174	81
158 Sandy Hollow Dr NW	0.25mi	3/2.0 (-1)	1,278 (+2%)	2mo	$240,000	$188	78
200 Mountain Creek Dr	0.06mi	3/2.0 (-1)	1,181 (-6%)	8mo	$225,000	$191	76
235 Mountain Creek Dr	0.21mi	3/2.0 (-1)	1,218 (-3%)	5mo	$225,000	$185	76
221 Knox Creek Trl NW	0.19mi	4/2.0	1,172 (-6%)	6mo	$190,000	$162	75
155 Sandy Hollow Dr NW	0.25mi	3/2.0 (-1)	1,320 (+6%)	2mo	$255,000	$193	72
119 Sandy Hollow Dr NW	0.27mi	3/2.0 (-1)	1,294 (+3%)	7mo	$235,000	$182	71
217 Knox Creek Trl NW	0.19mi	3/2.5 (-1)	1,403 (+12%)	8mo	$240,000	$171	57
306 Kenneth Blvd	0.67mi	3/2.0 (-1)	1,436 (+15%)	2mo	$195,000	$136	38

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 · 0.69% rent growth · sell at horizon

5-year hold

• IRR: -21.2%
• Equity multiple: 0.28×
• Total profit: $-51,444
• Equity at exit: $38,021

10-year hold

• IRR: -20.3%
• Equity multiple: 0.03×
• Total profit: $-69,198
• Equity at exit: $22,048

Cash invested: $71,400 (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 35757

• Home prices YoY: -10.3%
• Rents YoY: 0.7%
• Active inventory: 203
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,857 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$115 /mo · $1,379/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $-91

Break-even live

Break-even rent $1,973

Max offer price $238,897

Occupancy floor 100%

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
117 Willow Bluff Dr Madison, AL	3.0	2.0	1242	$1,600	$1.29	43d	1	0.11mi
237 Knox Creek Trl NW Madison, AL	3.0	2.0	1280	$1,650	$1.29	23d	1	0.19mi
110 Fernwood Cir Madison, AL	3.0	2.0	1410	$1,398	$0.99	43d	1	0.21mi
1542 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1077	$1,920	$1.78	13d	21	0.21mi
258 Mountain Creek Dr Madison, AL	3.0	2.0	1206	$1,575	$1.31	13d	1	0.26mi
1435 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1061	$1,755	$1.65	13d	24	0.28mi
111 Fernhill Dr NW Madison, AL	3.0	2.0	1487	$2,195	$1.48	13d	1	0.38mi
500 Oval Ave NW Madison, AL	2.0–4.0	2.5–3.0	1776	$2,645	$1.49	13d	50	0.49mi
12002 Meadow Place Ln Madison, AL	2.0–3.0	2.0	1420	$1,850	$1.30	13d	6	0.58mi
12130 Meadow Place Ln Unit 12130 Madison, AL	3.0	2.0	1420	$1,850	$1.30	13d	1	0.58mi
330 Kenneth Blvd NW Madison, AL	3.0	2.0	1430	$1,575	$1.10	21d	1	0.59mi
5550 Promenade Point Pkwy Madison, AL	1.0–3.0	1.0–2.0	968	$1,404	$1.45	13d	13	0.67mi
306 Kenneth Blvd NW Madison, AL	3.0	2.0	1436	$1,625	$1.13	13d	1	0.69mi
5541 Promenade Point Pkwy NW Madison, AL	1.0–3.0	1.0–2.0	1556	$2,300	$1.48	21d	1	0.71mi
240 Kirby Ln Madison, AL	1.0–3.0	1.0–2.0	1501	$1,585	$1.06	13d	20	0.74mi
1150 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1020	$1,616	$1.58	21d	50	0.76mi
123 Bumper Crop Ln NW Madison, AL	3.0	2.0	1726	$1,700	$0.98	13d	1	0.80mi
206 Stockyard CIR Madison, AL	3.0	2.0	1703	$2,234	$1.31	43d	1	0.82mi
105 Bumper Crop Ln NW Madison, AL	3.0	2.0	1462	$1,545	$1.06	43d	1	0.89mi
14155 Creek Hl Madison, AL	3.0	2.0	1150	$1,656	$1.44	23d	1	0.98mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,995	$1.09	43d	1	0.98mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,895	$1.03	23d	1	0.98mi
309 Cornstalk CIR Madison, AL	3.0	2.0	1850	$1,995	$1.08	43d	1	1.00mi
311 Cornstalk Cir Madison, AL	3.0	2.0	1850	$1,995	$1.08	43d	1	1.01mi
206 Osceola Cir Madison, AL	3.0	2.0	1850	$1,850	$1.00	43d	1	1.05mi
6079 Wall Triana Hwy Madison, AL	3.0	2.0	1630	$2,100	$1.29	43d	1	1.26mi
110 Wildweed Ct Madison, AL	3.0	2.0	1481	$1,750	$1.18	43d	1	1.32mi
29635 Laura Ridge Dr NW Harvest, AL	3.0	2.0	1844	$1,850	$1.00	13d	1	1.42mi

Listing history 29 events

1. 2026-06-18
   days on market $255,000 Active 48 DOM
2. 2026-06-17
   days on market $255,000 Active 47 DOM
3. 2026-06-16
   days on market $255,000 Active 46 DOM
4. 2026-06-15
   days on market $255,000 Active 45 DOM
5. 2026-06-14
   statusdays on market $255,000 Active 43 DOM
6. 2026-06-10
   days on market $255,000 Contingent 40 DOM
7. 2026-06-09
   days on market $255,000 Contingent 39 DOM
8. 2026-06-08
   days on market $255,000 Contingent 38 DOM
9. 2026-06-07
   days on market $255,000 Contingent 37 DOM
10. 2026-06-03
    statusdays on market $255,000 Contingent 33 DOM
11. 2026-06-02
    days on market $255,000 Active 32 DOM
12. 2026-06-01
    days on market $255,000 Active 31 DOM
13. 2026-05-31
    days on market $255,000 Active 30 DOM
14. 2026-05-30
    days on market $255,000 Active 29 DOM
15. 2026-05-01
    listed $255,000 Active 673-char remark
16. 2026-04-06
    status Active
17. 2026-03-02
    status Pending
18. 2025-12-01
    price $253,000
19. 2025-10-02
    listed $258,000 Active
20. 2023-08-14
    soldstatus $235,000
21. 2023-08-11
    soldstatus $235,000 Sold

    Show marketing remark (536 chars)

    Welcome to Knox Creek Subdivision! This charming home features 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. The garage has been converted into a bonus room, providing additional versatility and functionality to suit your needs. Enjoy the privacy of a fenced yard, perfect for outdoor activities and relaxation. Located close to Clift Farms and all that Madison has to offer, you'll have easy access to shopping, dining, and entertainment. Don't miss out on this wonderful opportunity to call Knox Creek home!

22. 2023-07-10
    status Pending

    Show marketing remark (536 chars)

    Welcome to Knox Creek Subdivision! This charming home features 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. The garage has been converted into a bonus room, providing additional versatility and functionality to suit your needs. Enjoy the privacy of a fenced yard, perfect for outdoor activities and relaxation. Located close to Clift Farms and all that Madison has to offer, you'll have easy access to shopping, dining, and entertainment. Don't miss out on this wonderful opportunity to call Knox Creek home!

23. 2023-06-29
    listed $240,000 Active

    Show marketing remark (536 chars)

    Welcome to Knox Creek Subdivision! This charming home features 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. The garage has been converted into a bonus room, providing additional versatility and functionality to suit your needs. Enjoy the privacy of a fenced yard, perfect for outdoor activities and relaxation. Located close to Clift Farms and all that Madison has to offer, you'll have easy access to shopping, dining, and entertainment. Don't miss out on this wonderful opportunity to call Knox Creek home!

24. 2020-04-01
    soldstatus $154,000
25. 2020-03-27
    soldstatus $154,000 Sold
26. 2020-02-22
    status Pending
27. 2020-02-21
    price $164,900
28. 2020-01-27
    listed $169,000 Active
29. 2008-10-27
    soldstatus $133,267

ⓘ 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: $1,379 · $115/mo
• Projected year-2 tax: $1,379 · $115/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 ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,287
• − Mortgage interest: −$14,284
• − Property taxes: −$1,379
• − Insurance: −$1,275
• − Repairs & maintenance: −$1,783
• − Management: −$1,783
• − Depreciation: −$7,418
• Taxable loss: −$5,635
• Est. tax savings @ 24.0%: +$1,352
• After-tax cash flow: $258/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: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 18,529
• Household income: $106,175
• Rent vs Own: 27.6% rent · 72.4% own
• Severe rent burden: 242.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 61% Black 26% Two or more races 7% Hispanic / Latino 5% Asian 1%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.04%
• Current HPI: 269.7329
• Rent YoY: ▲ 0.69%
• 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

+91.3% since first listed

17 events — show timeline

• 2026-06-14 Relisted — VMLS
• 2026-06-03 Contingent — VMLS
• 2026-05-01 Listed $255,000 VMLS
• 2026-04-06 Relisted — VMLS
• 2026-03-02 Pending — VMLS
• 2025-12-01 Price Changed $253,000 VMLS
• 2025-10-02 Listed $258,000 VMLS
• 2023-08-14 Sold (Public Records) $235,000 Public Records
• 2023-08-11 Sold (MLS) $235,000 VMLS
• 2023-07-10 Pending — VMLS
• 2023-06-29 Listed $240,000 VMLS
• 2020-04-01 Sold (Public Records) $154,000 Public Records
• 2020-03-27 Sold (MLS) $154,000 VMLS
• 2020-02-22 Pending — VMLS
• 2020-02-21 Price Changed $164,900 VMLS
• 2020-01-27 Listed $169,000 VMLS
• 2008-10-27 Sold (Public Records) $133,267 Public Records

Property tax history

+9.4%/yr

Latest (2024): $1,379 · +14.9% YoY. Source: county tax records.