1118 Tanger Glen Trl NW · Huntsville, AL 35749

$272,995

4 bd · 2.5 ba · 1,933 sqft · SingleFamily · 110 Days on market

$141/sqft · 6% below area Est $289k · 6% under $29/mo HOA · 1% of rent ↓ 5% since listing

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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 +11.1/30.0
• ARV discount +10.1/15.0
• Livability +4.1/5.0
• Schools +3.7/10.0
• 1% rule +3.4/10.0
• DSCR +3.2/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

Key facts

• Covered patio
• 2 garage spots
• Listed 110 days

Tags

• OPEN-CONCEPT MAIN LEVEL
• COVERED PATIO
• SPA-INSPIRED EN-SUITE BATHROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $273k.

Deal economics

• At list price, monthly cash flow is $-111 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $257k (5.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (16.3% below list).
• Recommended offer: $228k (16.3% below list) — sets the bar for 1% rule.
• Cap rate 5.8% 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.
• 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.
• Market conditions: Rents flat; 666 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 110 days — a 9% lower offer ($248k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $17k (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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $228,380 (16.3% 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 110 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 5.80%
• Cash-on-cash: -1.75%
• DSCR: 0.92
• GRM: 10.0

CMA / ARV

• ARV (median comp): $289,488
• List price: $272,995
• Delta: -5.70%
• 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
1110 Tanger Glen Trl	0.00mi	3/2.5 (-1)	1,933 (0%)	3mo	$275,945	$143	93
1120 Tanger Glen Trl NW	0.00mi	3/2.5 (-1)	1,909 (-1%)	1mo	$278,620	$146	92
1116 Tanger Glen Trl NW	0.06mi	3/2.5 (-1)	1,933 (0%)	2mo	$288,720	$149	91
1114 Tanger Glen Trl NW	0.06mi	3/2.5 (-1)	1,933 (0%)	2mo	$288,950	$149	90
1119 Tanger Glen Trl NW	0.13mi	3/2.5 (-1)	1,933 (0%)	3mo	$283,555	$147	87
1121 Tanger Glen Trl NW	0.12mi	3/2.5 (-1)	1,909 (-1%)	2mo	$269,995	$141	86
1016 Highgrove Hts	0.12mi	3/2.5 (-1)	1,900 (-2%)	1mo	$260,000	$137	85
387 Sandy Oak Dr	0.31mi	4/3.0	2,019 (+4%)	1mo	$343,900	$170	75
390 Sandy Oak Dr	0.31mi	4/3.0	2,019 (+4%)	2mo	$342,900	$170	75
164 Smith Vasser Rd	0.38mi	3/3.0 (-1)	2,000 (+4%)	1mo	$255,000	$128	68
106 Sunlit Grove Dr	0.42mi	4/3.0	2,160 (+12%)	1mo	$325,000	$150	58
391 Sandy Oak Dr	0.33mi	3/2.0 (-1)	1,683 (-13%)	2mo	$300,900	$179	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 · 0.81% rent growth · sell at horizon

5-year hold

• IRR: -21.7%
• Equity multiple: 0.26×
• Total profit: $-56,205
• Equity at exit: $40,704

10-year hold

• IRR: -21.8%
• Equity multiple: -0.01×
• Total profit: $-77,207
• Equity at exit: $23,604

Cash invested: $76,439 (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 35749

• Home prices YoY: -5.4%
• Rents YoY: 0.8%
• Active inventory: 666
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,284 high
• Mortgage (P&I): −$1,432
• Tax est. 1.5%: −$341 /mo · $4,095/yr
• Insurance: −$114
• HOA: −$29
• Vacancy / Maint / Mgmt: −$480
• Net cashflow: $-111

Break-even live

Break-even rent $2,425

Max offer price $256,875

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: $68,249
• Closing costs: $8,190
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30199 Plantation Park Dr NW Harvest, AL	5.0	3.0	2565	$3,000	$1.17	23d	1	0.22mi
106 Smith Vasser Rd Harvest, AL	4.0	3.0	2620	$2,300	$0.88	43d	1	0.29mi
29889 Glenrose Way Harvest, AL	3.0	2.0	1670	$1,600	$0.96	23d	1	0.30mi
30000 Abbeywood Ln Harvest, AL	3.0	2.0	1618	$1,600	$0.99	23d	1	0.40mi
227 Poplar Hollow Dr Harvest, AL	4.0	3.0	2108	$2,100	$1.00	43d	1	0.48mi
17331 Fieldway Cir Harvest, AL	3.0	2.0	1648	$1,800	$1.09	21d	1	0.63mi
100 Gibbon Dr Harvest, AL	3.0	2.0	1500	$1,625	$1.08	44d	1	0.84mi
29419 Canoe Cir NW Harvest, AL	4.0	2.5	1964	$2,095	$1.07	23d	1	1.09mi
15980 Trey Hughes Dr Harvest, AL	4.0	2.5	1898	$1,686	$0.89	43d	1	1.10mi
15881 Elaine Ct Unit 1250617P Harvest, AL	3.0	2.0	2497	$4,891	$1.96	13d	1	1.13mi
179 Raspberry Way Madison, AL	4.0	2.0	2021	$2,000	$0.99	23d	1	1.22mi

HOA detail

• Monthly dues: $29 · $348/yr

Listing history 14 events

1. 2026-06-02
   status $272,995 Pending 110 DOM
2. 2026-06-01
   days on market $272,995 Active 110 DOM
3. 2026-05-31
   days on market $272,995 Active 109 DOM
4. 2026-05-30
   days on market $272,995 Active 108 DOM
5. 2026-05-15
   price $274,995 465-char remark

   Show marketing remark (465 chars)

   Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

6. 2026-05-14
   price $274,995 466-char remark

   Show marketing remark (466 chars)

   Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

7. 2026-04-24
   status Active 465-char remark

   Show marketing remark (465 chars)

   Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

8. 2026-04-22
   status Active 466-char remark

   Show marketing remark (466 chars)

   Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

9. 2026-04-10
   historical 465-char remark

   Show marketing remark (465 chars)

   Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

10. 2026-04-09
    status Pending 466-char remark

    Show marketing remark (466 chars)

    Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

11. 2026-02-12
    price $281,950 465-char remark

    Show marketing remark (465 chars)

    Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

12. 2026-02-11
    price $281,950 466-char remark

    Show marketing remark (466 chars)

    Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

13. 2026-01-30
    listed $289,950 Active 465-char remark

    Show marketing remark (465 chars)

    Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

14. 2026-01-29
    listed $289,950 Active 466-char remark

    Show marketing remark (466 chars)

    Completed and ready to close by 05/16/2026 The Braselton II at Crowne Creek Village is a fan favorite. The open-concept main level makes your entertainment space both cozy and spacious. This four-bedroom, two-and-a-half-bath home offers a covered patio and a fabulous primary bedroom with a spa-inspired en-suite bathroom. The community is conveniently located 10 minutes from Clift Farms and Madison Hospital. All Closing Costs and pre-paids covered by the seller.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $27,406
• − Mortgage interest: −$15,292
• − Property taxes: −$4,095
• − Insurance: −$1,365
• − Repairs & maintenance: −$2,192
• − Management: −$2,192
• − HOA: −$348
• − Depreciation: −$7,942
• Taxable loss: −$6,021
• Est. tax savings @ 24.0%: +$1,445
• After-tax cash flow: $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: 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 — 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): 30,710
• Household income: $103,901
• Rent vs Own: 12.4% rent · 87.6% own
• Severe rent burden: 174.0

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 60% Black 29% Two or more races 7% Hispanic / Latino 4% Asian 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 3% Korean 1% Other Indo-European 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: ▼ -16.54%
• Current HPI: 291.1184
• Rent YoY: ▲ 0.81%
• 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

-5.2% since first listed

10 events — show timeline

• 2026-05-15 Price Changed $274,995 Zillow
• 2026-05-14 Price Changed $274,995 VMLS
• 2026-04-24 Relisted — Zillow
• 2026-04-22 Relisted — VMLS
• 2026-04-10 Delisted — Zillow
• 2026-04-09 Pending — VMLS
• 2026-02-12 Price Changed $281,950 Zillow
• 2026-02-11 Price Changed $281,950 VMLS
• 2026-01-30 Listed $289,950 Zillow
• 2026-01-29 Listed $289,950 VMLS