126 Shrewsberry Dr · New Market, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 23.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +8.6/30.0
- Schools +3.7/10.0
- Livability +3.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.4/10.0
- 1% rule +1.6/10.0
- Appreciation +0.0/10.0
$282,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
Key facts
- Community pool
- Granite island
- One level living
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $282k.
Deal economics
- At list price, monthly cash flow is $-243 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $239k (15.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (34.3% below list).
- Recommended offer: $185k (34.3% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 4.2% in New Market — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 60/100 on livability (#304 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing B; Watch: amenities F, commute F, employment F.
- Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Riverton Elementary School (math 52% / reading 67%, grade B-, #63 of 627 statewide, top 10%, 581 students, 29% FRL); Buckhorn Middle School (math 19% / reading 59%, grade F, #64 of 257 statewide, top 25%, 688 students, 38% FRL); Buckhorn High School (math 31% / reading 33%, grade F, #59 of 305 statewide, top 21%, 1,287 students, 34% FRL) — zoned schools at 34% FRL track the district average.
- Market conditions: 393 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 128 days — a 12% lower offer ($248k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 8y 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 128 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.66% ✗
- Cap rate
- 5.26%
- Cash-on-cash
- -3.69%
- DSCR
- 0.84
- GRM
- 12.7
CMA / ARV
- ARV (median comp)
- $343,109
- List price
- $282,000
- Delta
- -17.81%
- 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 |
|---|---|---|---|---|---|---|---|
| 126 Fellington Ct | 0.07mi | 3/2.0 | 1,688 (+0%) | 4mo | $250,000 | $148 | 89 |
| 114 Sidney Ruth Dr | 0.18mi | 4/2.0 (+1) | 1,635 (-3%) | 2mo | $276,996 | $169 | 77 |
| 113 Sidney Ruth Dr | 0.14mi | 4/2.0 (+1) | 1,635 (-3%) | 6mo | $279,021 | $171 | 75 |
| 110 Sidney Ruth Dr | 0.16mi | 3/2.0 | 1,525 (-9%) | 5mo | $258,471 | $169 | 69 |
| 292 Tercel Dr | 0.26mi | 4/2.0 (+1) | 1,608 (-4%) | 4mo | $237,400 | $148 | 68 |
| 106 Sidney Ruth Dr | 0.20mi | 4/2.0 (+1) | 1,820 (+8%) | 1mo | $285,788 | $157 | 67 |
| 125 Sidney Ruth Dr | 0.19mi | 4/2.0 (+1) | 1,820 (+8%) | 2mo | $303,904 | $167 | 67 |
| 288 Tercel Dr | 0.28mi | 4/2.0 (+1) | 1,818 (+8%) | 2mo | $264,900 | $146 | 63 |
| 212 Tanner Point Dr | 0.39mi | 4/2.0 (+1) | 1,609 (-4%) | 4mo | $245,000 | $152 | 63 |
| 114 Canonbury Dr | 0.37mi | 4/2.0 (+1) | 1,558 (-7%) | 1mo | $250,000 | $160 | 61 |
| 294 Tercel Dr | 0.23mi | 4/2.5 (+1) | 1,856 (+10%) | 4mo | $260,600 | $140 | 58 |
| 387 Jackson Point Cir Unit B | 0.73mi | 4/2.0 (+1) | 1,558 (-7%) | 1mo | $263,900 | $169 | 44 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -22.6%
- Equity multiple
- 0.22×
- Total profit
- $-61,269
- Equity at exit
- $42,047
- IRR
- -16.9%
- Equity multiple
- 0.07×
- Total profit
- $-73,739
- Equity at exit
- $24,382
Cash invested: $78,960 (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
ZIP-level market 35761
- Home prices YoY
- -9.3%
- Active inventory
- 393
- Price-to-rent
- 12.7×
Monthly cashflow live
- Estimated rent
- $1,853 high interval (Pro) →
- Mortgage (P&I)
- −$1,479
- Tax from tax record
- −$77 /mo · $928/yr
- Insurance
- −$118
- HOA
- −$33
- Vacancy / Maint / Mgmt
- −$389
- Net cashflow
- $-243
Break-even live
Sensitivity live
| Price | -10% $-83 | -5% $-163 | +0% $-243 | +5% $-322 | +10% $-402 |
|---|---|---|---|---|---|
| Rent | -10% $-389 | -5% $-316 | +0% $-243 | +5% $-169 | +10% $-96 |
| Rate | -1.0pp $-101 | -0.5pp $-171 | base $-243 | +0.5pp $-316 | +1.0pp $-390 |
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
- $70,500
- Closing costs
- $8,460
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 300 Addison Ct New Market, AL | 4.0 | 3.0 | 2167 | $1,850 | $0.85 | 15d | 1 | 0.11mi |
| 105 Fellington Ct New Market, AL | 4.0 | 3.0 | 2103 | $2,000 | $0.95 | 23d | 1 | 0.13mi |
| 102 Derbyshire Dr New Market, AL | 3.0 | 2.0 | 1537 | $1,600 | $1.04 | 45d | 1 | 0.19mi |
| 129 Canonbury Dr New Market, AL | 4.0 | 2.0 | 1886 | $1,950 | $1.03 | 45d | 1 | 0.26mi |
| 129 Canonbury Dr New Market, AL | 4.0 | 2.0 | 1884 | $1,900 | $1.01 | 23d | 1 | 0.26mi |
| 236 Tanner Point Dr New Market, AL | 3.0 | 2.0 | 1288 | $1,665 | $1.29 | 15d | 1 | 0.26mi |
| 292 Tercel Dr New Market, AL | 4.0 | 2.0 | 1608 | $1,600 | $1.00 | 45d | 1 | 0.27mi |
| 228 Tanner Point Dr New Market, AL | 3.0 | 2.0 | 1645 | $1,750 | $1.06 | 45d | 1 | 0.29mi |
| 121 Rolling Green Dr New Market, AL | 4.0 | 2.0 | 1863 | $1,825 | $0.98 | 25d | 1 | 0.32mi |
| 227 Falcon Ridge Dr Huntsville, AL | 3.0 | 2.0 | 1425 | $1,591 | $1.12 | 45d | 1 | 0.39mi |
| 109 Tanner Ridge Cir New Market, AL | 3.0 | 2.0 | 1332 | $1,595 | $1.20 | 45d | 1 | 0.56mi |
| 4429 Maysville Rd NE Huntsville, AL | 3.0 | 2.0 | 1248 | $1,650 | $1.32 | 15d | 1 | 0.67mi |
| 112 Raptor Ct Huntsville, AL | 3.0 | 2.0 | 1242 | $1,700 | $1.37 | 45d | 1 | 0.68mi |
| 104 Bataleur Ct Huntsville, AL | 3.0 | 2.0 | 1250 | $1,600 | $1.28 | 45d | 1 | 0.72mi |
| 110 Olde Hearth RD New Market, AL | 3.0 | 2.0 | 1143 | $1,707 | $1.49 | 23d | 1 | 0.87mi |
| 154 Olde Hearth Rd New Market, AL | 3.0 | 2.0 | 1150 | $1,695 | $1.47 | 25d | 1 | 0.93mi |
| 157 Olde Hearth Rd New Market, AL | 3.0 | 2.0 | 1466 | $1,664 | $1.14 | 23d | 1 | 0.93mi |
| 165 Olde Hearth Rd New Market, AL | 3.0 | 2.0 | 1355 | $1,684 | $1.24 | 45d | 1 | 0.93mi |
| 154 Olde Hearth Rd New Market, AL | 3.0 | 2.0 | 1143 | $1,695 | $1.48 | 15d | 1 | 0.93mi |
| 174 River Pointe Dr New Market, AL | 3.0 | 2.0 | 1620 | $1,719 | $1.06 | 25d | 1 | 0.95mi |
| 101 Fawn Forest Dr New Market, AL | 3.0 | 2.0 | 1630 | $1,750 | $1.07 | 45d | 1 | 1.08mi |
| 105 Fawn Forest Dr New Market, AL | 4.0 | 2.0 | 1800 | $1,700 | $0.94 | 45d | 1 | 1.11mi |
| 108 Eagles Watch Ct New Market, AL | 3.0 | 2.0 | 1551 | $1,795 | $1.16 | 25d | 1 | 1.11mi |
| 127 Tine Ln New Market, AL | 3.0 | 2.0 | 1542 | $2,100 | $1.36 | 15d | 1 | 1.25mi |
HOA detail
- Monthly dues
- $33 · $396/yr
- Likely covers
- pool
Listing history 35 events
-
2026-06-22days on market $282,000 Active 128 DOM
-
2026-06-18days on market $282,000 Active 125 DOM
-
2026-06-17days on market $282,000 Active 124 DOM
-
2026-06-16days on market $282,000 Active 123 DOM
-
2026-06-15days on market $282,000 Active 122 DOM
-
2026-06-14days on market $282,000 Active 120 DOM
-
2026-06-10days on market $282,000 Active 117 DOM
-
2026-06-09days on market $282,000 Active 116 DOM
-
2026-06-08days on market $282,000 Active 115 DOM
-
2026-06-07days on market $282,000 Active 114 DOM
-
2026-06-02days on market $282,000 Active 109 DOM
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2026-06-01days on market $282,000 Active 108 DOM
-
2026-05-31days on market $282,000 Active 107 DOM
-
2026-05-30days on market $282,000 Active 106 DOM
-
2026-05-06status Active 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2026-05-06status Pending 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2026-03-30price $282,000 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2026-03-02price $285,000 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2026-02-20price $287,000 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2026-02-13$289,900 Active 608-char remark
Show marketing remark (608 chars)
This move-in ready 3 bed, 2 bath ranch in New Market offers the kind of easy, one-level living buyers are always looking for. Just minutes from the Flint River and a short drive to Redstone Arsenal, this charmer features an open layout, private owner’s suite, and a kitchen with granite island, plenty of cabinets, pantry and SS appliances that flows right into the living space. LVP flooring in the main areas, thoughtful trim details, and a fenced backyard with extended patio make it feel comfortable and practical. Community pool & clubhouse included. 48 Hour FROR is in place on this property.
-
2022-11-10soldstatus $289,900 Sold 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
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2022-11-10soldstatus $289,900
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
-
2022-10-26status Pending 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
-
2022-09-01price $289,900 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
-
2022-08-12price $292,000 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
-
2022-08-04price $295,000 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
-
2022-07-29price $299,000 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
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2022-07-28$300,000 Active 520-char remark
Show marketing remark (520 chars)
Minutes from the beautiful Flint River, this very maintained home awaits the perfect family!! Local shopping has larger chain stores and approx 14 minutes to Redstone Arsenal. Open floor plan with private suite for owners. The owners of this home have maintained it well. Private fenced yard with no one behind you and extended poured patio is perfect for children or entertaining. Community has a swimming pool and club house. This house has a great little community, super cozy floor plan and a terrific back yard!.
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2020-08-06soldstatus $208,000 Sold
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2020-06-27historical Contingent
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2020-06-22$200,000 Active
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2019-03-29price $179,435
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2019-03-29soldstatus $179,435 Sold
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2019-02-28Contingent
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2018-12-14$175,364
ⓘ 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
- $928 · $77/mo
- Projected year-2 tax
- $1,156 · $96/mo
- Expected delta
- +$229/yr (+$19/mo · 24.6%)
ⓘ 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 2/10 Low
- Heat 6/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
- Wind 4/10 Moderate 23% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,239
- − Mortgage interest
- −$15,796
- − Property taxes
- −$928
- − Insurance
- −$1,410
- − Repairs & maintenance
- −$1,779
- − Management
- −$1,779
- − HOA
- −$396
- − Depreciation
- −$8,204
- Taxable loss
- −$8,053
- Est. tax savings @ 24.0%
- +$1,933
- After-tax cash flow
- $-978/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
- Madison County
- NCES district ID
- 0102220
- Math proficiency
- 27% ▼ -32.00%
- Reading proficiency
- 56% ▼ -1.00%
- Median HH income
- $66,058
- Composite
- 37.15/100
- National rank
- #4483
- State rank
- #19 of 129 in AL
Livability — New Market
- Score
- 60/100
- State rank
- #304
- US rank
- #19258
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Madison County · 380,832 people
- City population
- 13,557
- Metro
- Huntsville, AL
- Population (ZIP)
- 13,557
- Household income
- $79,440
- Rent vs Own
- Severe rent burden
- 220.0
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
- Predominantly White (76%)
- Race & ethnicity
- White 76% Black 15% Two or more races 6% Hispanic / Latino 3%
- Common ancestry
- Italian 3% Serbian 2% Iranian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 98% English-only · German/W. Germanic 1% Spanish 1%
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
- ▼ -26.88%
- Current HPI
- 261.8281
- Rent YoY
- —
- 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 |
|
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| Healthcare | 1 | $5B |
|
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Price history
+60.8% since first listed21 events — show timeline
- 2026-05-06 Relisted — VMLS
- 2026-05-06 Pending — VMLS
- 2026-03-30 Price Changed $282,000 VMLS
- 2026-03-02 Price Changed $285,000 VMLS
- 2026-02-20 Price Changed $287,000 VMLS
- 2026-02-13 Listed $289,900 VMLS
- 2022-11-10 Sold (Public Records) $289,900 Public Records
- 2022-11-10 Sold (MLS) $289,900 VMLS
- 2022-10-26 Pending — VMLS
- 2022-09-01 Price Changed $289,900 VMLS
- 2022-08-12 Price Changed $292,000 VMLS
- 2022-08-04 Price Changed $295,000 VMLS
- 2022-07-29 Price Changed $299,000 VMLS
- 2022-07-28 Listed $300,000 VMLS
- 2020-08-06 Sold (MLS) $208,000 VMLS
- 2020-06-27 Contingent — VMLS
- 2020-06-22 Listed $200,000 VMLS
- 2019-03-29 Sold (MLS) $179,435 VMLS
- 2019-03-29 Price Changed $179,435 VMLS
- 2019-02-28 Listed — VMLS
- 2018-12-14 Listed $175,364 VMLS
Property tax history
+28.4%/yrLatest (2024): $928 · +4.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…