20495 Lowry Dr · Fairhope, AL 36532

$265,000

3 bd · 1.0 ba · 1,686 sqft · SingleFamily public records · 92 Days on market

Built 1998 0.29 ac lot $157/sqft · 28% below area Est $367k · 28% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.5/30.0
• DSCR +4.1/10.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• 1% rule +3.3/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 20495 Lowry Drive, a charming ranch-style home nestled in the heart of Fairhope, where comfort, space, and opportunity come together to create a truly inviting place to call home. Offering approximately 1,686 square feet of living space, this 3-bedroom, 2-bath residence presents a layout designed for both everyday living and future vision. From the moment you arrive, the welcoming front entry and attached two-car garage set the tone for a home filled with potential and character. Step inside and discover a spacious living area centered around a classic fireplace, creating a natural focal point for gathering, relaxing, or entertaining. Natural light pours through the windows, enhancing the sense of openness and warmth throughout the main living spaces. The kitchen is thoughtfully positioned to serve as the heart of daily life, offering generous cabinetry, ample workspace, and a convenient breakfast bar that opens to the living area. A cozy dining area is seamlessly integrated within the kitchen space, creating an efficient and comfortable setting for everyday meals and casual gatherings. The primary suite offers a private retreat, complete with a spacious layout and an ensuite bathroom featuring a dual vanity, a relaxing soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or creative spaces—each filled with natural light and ready to adapt to your lifestyle needs. A second full bathroom ensures comfort and convenience for family and visitors alike. Step outside to enjoy a fully fenced backyard, offering a private outdoor setting ideal for relaxing, entertaining, or creating your own personalized retreat. The rear porch provides the perfect spot for morning coffee or evening gatherings, while the open yard invites endless possibilities for outdoor living. With its functional single-level layout, inviting living spaces, and strong potential to make it your own, this home is a rare opportunity in a desirable Fairhope location. Conveniently situated near shopping, dining, and everyday essentials, it offers both accessibility and the charm of an established neighborhood. Whether you're looking to create your dream home or invest in a property with lasting potential, 20495 Lowry Drive delivers the space, layout, and location to make it happen. Schedule your private showing today and imagine the possibilities waiting for you here! Photos are digitally enhanced. Being sold AS IS, WHERE IS, Buyer is responsible for all inspections and any city requirements to close. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate and deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.

Key facts

• Cozy dining area
• Generous cabinetry
• Classic fireplace

Tags

• RANCH STYLE HOME
• SPACIOUS LIVING AREA
• CLASSIC FIREPLACE
• GENEROUS CABINETRY
• BREAKFAST BAR
• COZY DINING AREA

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $11 ($131/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 $220k (17.0% below list).
• Recommended offer: $220k (17.0% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 2.8% in Fairhope — 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 76/100 on livability (#15 in AL, #3,577 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D, amenities F, commute F.
• Baldwin County (rural): math 33% / reading 57% proficiency, ranked #18 of 129 in AL (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.0%/yr); 629 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,883 units permitted in Baldwin County in 2024 (481 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.
• Baldwin County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $150k; list at $265k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $219,973 (17.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 17% 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.83% ✗
• Cap rate: 6.34%
• Cash-on-cash: 0.18%
• DSCR: 1.01
• GRM: 10.0

CMA / ARV

• ARV (median comp): $366,648
• List price: $265,000
• Delta: -27.72%
• 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
341 Majestic Beauty Ave	0.67mi	3/2.5	1,688 (+0%)	5mo	$345,000	$204	59
20685 Lowry Dr	0.23mi	3/2.0	1,899 (+13%)	7mo	$355,000	$187	58
20835 Lowry Dr	0.24mi	3/2.0	1,878 (+11%)	13mo	$345,000	$184	55
203 Salvador St	0.67mi	3/2.0	1,708 (+1%)	10mo	$310,000	$181	55
123 Gilbreath Ave	0.59mi	3/2.0	1,748 (+4%)	12mo	$300,000	$172	53
351 Knollwood Ave	0.64mi	3/2.0	1,764 (+5%)	9mo	$330,000	$187	51
348 Knollwood Ave	0.64mi	3/2.0	1,706 (+1%)	19mo	$330,000	$193	49
259 Galaxy St	0.62mi	3/2.5	1,603 (-5%)	12mo	$338,000	$211	47
116 Petz Ave	0.64mi	3/2.5	1,868 (+11%)	2mo	$385,000	$206	44
110 Normandy St	0.64mi	3/2.0	1,818 (+8%)	12mo	$355,000	$195	43
115 Marilyn Ave	0.67mi	3/2.0	1,791 (+6%)	20mo	$379,000	$212	38
9750 Chariot Ave	0.74mi	4/2.0 (+1)	1,768 (+5%)	18mo	$272,950	$154	34

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 · 2.95% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.43×
• Total profit: $-42,389
• Equity at exit: $39,512

10-year hold

• IRR: -7.9%
• Equity multiple: 0.51×
• Total profit: $-36,597
• Equity at exit: $22,912

Cash invested: $74,200 (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 36532

• Rents YoY: 3.0%
• Active inventory: 629
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,200 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$227 /mo · $2,721/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$462
• Net cashflow: $11

Break-even live

Break-even rent $2,186

Max offer price $265,000

Occupancy floor 94%

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9704 Chariot Ave Fairhope, AL	4.0	2.0	1813	$2,000	$1.10	21d	1	0.77mi
10510 Gayfer Road Ext Fairhope, AL	3.0	2.0	1460	$1,900	$1.30	44d	1	0.79mi
177 Ferdinand Ave Fairhope, AL	4.0	2.0	1790	$2,350	$1.31	44d	1	1.05mi
21154 Meadowbrook Dr Fairhope, AL	3.0	2.0	1150	$1,700	$1.48	44d	1	1.05mi
286 Hudson Loop Fairhope, AL	3.0	2.0	1320	$1,995	$1.51	13d	1	1.12mi

Listing history 21 events

1. 2026-06-19
   days on market $265,000 Active 92 DOM
2. 2026-06-18
   days on market $265,000 Active 91 DOM
3. 2026-06-17
   days on market $265,000 Active 90 DOM
4. 2026-06-16
   days on market $265,000 Active 89 DOM
5. 2026-06-15
   price $265,000 Active 88 DOM
6. 2026-06-15
   days on market $275,000 Active 88 DOM
7. 2026-06-14
   days on market $275,000 Active 86 DOM
8. 2026-06-13
   days on market $275,000 Active 85 DOM
9. 2026-06-10
   days on market $275,000 Active 83 DOM
10. 2026-06-09
    days on market $275,000 Active 82 DOM
11. 2026-06-08
    days on market $275,000 Active 81 DOM
12. 2026-06-07
    days on market $275,000 Active 80 DOM
13. 2026-06-05
    days on market $275,000 Active 77 DOM
14. 2026-06-03
    days on market $275,000 Active 76 DOM
15. 2026-06-02
    days on market $275,000 Active 75 DOM
16. 2026-06-01
    days on market $275,000 Active 74 DOM
17. 2026-05-31
    days on market $275,000 Active 73 DOM
18. 2026-05-30
    days on market $275,000 Active 72 DOM
19. 2026-04-30
    price $275,000 2985-char remark

    Show marketing remark (2985 chars)

    Welcome to 20495 Lowry Drive, a charming ranch-style home nestled in the heart of Fairhope, where comfort, space, and opportunity come together to create a truly inviting place to call home. Offering approximately 1,686 square feet of living space, this 3-bedroom, 2-bath residence presents a layout designed for both everyday living and future vision. From the moment you arrive, the welcoming front entry and attached two-car garage set the tone for a home filled with potential and character. Step inside and discover a spacious living area centered around a classic fireplace, creating a natural focal point for gathering, relaxing, or entertaining. Natural light pours through the windows, enhancing the sense of openness and warmth throughout the main living spaces. The kitchen is thoughtfully positioned to serve as the heart of daily life, offering generous cabinetry, ample workspace, and a convenient breakfast bar that opens to the living area. A cozy dining area is seamlessly integrated within the kitchen space, creating an efficient and comfortable setting for everyday meals and casual gatherings. The primary suite offers a private retreat, complete with a spacious layout and an ensuite bathroom featuring a dual vanity, a relaxing soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or creative spaces—each filled with natural light and ready to adapt to your lifestyle needs. A second full bathroom ensures comfort and convenience for family and visitors alike. Step outside to enjoy a fully fenced backyard, offering a private outdoor setting ideal for relaxing, entertaining, or creating your own personalized retreat. The rear porch provides the perfect spot for morning coffee or evening gatherings, while the open yard invites endless possibilities for outdoor living. With its functional single-level layout, inviting living spaces, and strong potential to make it your own, this home is a rare opportunity in a desirable Fairhope location. Conveniently situated near shopping, dining, and everyday essentials, it offers both accessibility and the charm of an established neighborhood. Whether you're looking to create your dream home or invest in a property with lasting potential, 20495 Lowry Drive delivers the space, layout, and location to make it happen. Schedule your private showing today and imagine the possibilities waiting for you here! Photos are digitally enhanced. Being sold AS IS, WHERE IS, Buyer is responsible for all inspections and any city requirements to close. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate and deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.

20. 2026-03-19
    listed $280,000 Active 2985-char remark

    Show marketing remark (2985 chars)

    Welcome to 20495 Lowry Drive, a charming ranch-style home nestled in the heart of Fairhope, where comfort, space, and opportunity come together to create a truly inviting place to call home. Offering approximately 1,686 square feet of living space, this 3-bedroom, 2-bath residence presents a layout designed for both everyday living and future vision. From the moment you arrive, the welcoming front entry and attached two-car garage set the tone for a home filled with potential and character. Step inside and discover a spacious living area centered around a classic fireplace, creating a natural focal point for gathering, relaxing, or entertaining. Natural light pours through the windows, enhancing the sense of openness and warmth throughout the main living spaces. The kitchen is thoughtfully positioned to serve as the heart of daily life, offering generous cabinetry, ample workspace, and a convenient breakfast bar that opens to the living area. A cozy dining area is seamlessly integrated within the kitchen space, creating an efficient and comfortable setting for everyday meals and casual gatherings. The primary suite offers a private retreat, complete with a spacious layout and an ensuite bathroom featuring a dual vanity, a relaxing soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or creative spaces—each filled with natural light and ready to adapt to your lifestyle needs. A second full bathroom ensures comfort and convenience for family and visitors alike. Step outside to enjoy a fully fenced backyard, offering a private outdoor setting ideal for relaxing, entertaining, or creating your own personalized retreat. The rear porch provides the perfect spot for morning coffee or evening gatherings, while the open yard invites endless possibilities for outdoor living. With its functional single-level layout, inviting living spaces, and strong potential to make it your own, this home is a rare opportunity in a desirable Fairhope location. Conveniently situated near shopping, dining, and everyday essentials, it offers both accessibility and the charm of an established neighborhood. Whether you're looking to create your dream home or invest in a property with lasting potential, 20495 Lowry Drive delivers the space, layout, and location to make it happen. Schedule your private showing today and imagine the possibilities waiting for you here! Photos are digitally enhanced. Being sold AS IS, WHERE IS, Buyer is responsible for all inspections and any city requirements to close. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate and deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.

21. 1999-10-01
    soldstatus $150,000

ⓘ 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: $2,721 · $227/mo
• Projected year-2 tax: $2,721 · $227/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 10/10 Extreme 7 d/yr ≥106°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,397
• − Mortgage interest: −$14,844
• − Property taxes: −$2,721
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,112
• − Management: −$2,112
• − Depreciation: −$7,709
• Taxable loss: −$4,426
• Est. tax savings @ 24.0%: +$1,062
• After-tax cash flow: $1,193/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: Baldwin County
• NCES district ID: 0100270
• Math proficiency: 33% ▼ -26.00%
• Reading proficiency: 57% ▲ 1.00%
• Median HH income: $50,677
• Composite: 38.61/100
• National rank: #4157
• State rank: #18 of 129 in AL

Livability — Fairhope

• Score: 76/100
• State rank: #15
• US rank: #3577

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairhope, AL
• County: Baldwin County · 181,514 people
• City population: 38,108
• Metro: Daphne-Fairhope-Foley, AL
• Population (ZIP): 38,108
• Household income: $89,694
• Rent vs Own: 17.5% rent · 82.5% own
• Severe rent burden: 665.0

Population outlook (Baldwin County) Hauer SSP2

• Today (2025): 248,264 people
• By 2030: 270,315 · +8.9%
• By 2040: 312,967 · +26.1%
• By 2050: 352,262 · +41.9%
• By 2075: 438,841 · +76.8%
• By 2100: 487,736 · +96.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Hispanic / Latino 6% Black 4% Two or more races 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Serbian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Baldwin

• 2024 margin: Solid R (+58.2) · D 20.5% · R 78.7%
• 2008→2024 swing: -6.7pp toward R · 2008: -51.5pp · 2024: -58.2pp
• All cycles: 2024: R+58.2 2020: R+53.8 2016: R+57.8 2012: R+55.8 2008: R+51.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -175.08%
• Current HPI: 299.6643
• Rent YoY: ▲ 2.95%
• Metro: Daphne-Fairhope-Foley, 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

+83.3% since first listed

3 events — show timeline

• 2026-04-30 Price Changed $275,000 GCMLS AL
• 2026-03-19 Listed $280,000 GCMLS AL
• 1999-10-01 Sold (Public Records) $150,000 Public Records

Property tax history

+6.9%/yr

Latest (2025): $2,721 · +23.4% YoY. Source: county tax records.