112 Blackwell Ct · Owens Cross Roads, AL 35763

$209,900

3 bd · 1.5 ba · 2,682 sqft · SingleFamily public records · 27 Days on market

Built 2017 6,150 sqft lot Est $303k · 31% under $8/mo HOA ↓ 10% since listing

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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 +17.4/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• 1% rule +4.2/10.0
• Schools +3.7/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this neatly maintained and freshly painted 3bd/2ba with two living areas! This home boasts an open floor plan downstairs, great for entertaining, and a cozy second living room upstairs for a more relaxed evening. The master offers a lot of space, and expansive bath and closet. All flooring was installed in 2018, along with a new refrigerator, and a 2 year old HVAC unit. The privacy fenced backyard offers seclusion and relaxation. The attached two car garage has been freshly painted. Enjoy your home in this well-established neighborhood, just minutes from convenient shopping and schools. All facts, schools, and measurements to be verified by buyer or buyer's agent prior to closing.

Key facts

• 6,150 sq ft lot
• 2 garage spots
• Built 2017

Property features AI

Finance

• Other: Subdivision: Bristol Creek
• HOA & community: Homeowners association with an annual fee of $100

Exterior

• Parking: Two-car garage
• Utilities: Public water
• Home design: Single-family residence; Residential property; Built in 2017; Two-story home; 150 x 41 lot
• Construction: Vinyl siding; Slab foundation
• Exterior features: Gated community; Public water

Interior

• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Two levels; No fireplace listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $159 ($2k/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 $193k (7.8% below list).
• Recommended offer: $193k (7.8% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 4.5% in Owens Cross Roads — 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 68/100 on livability (#65 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety 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: Owens Cross Roads School (math 31% / reading 63%, grade D-, #142 of 627 statewide, top 25%, 319 students, 54% FRL); New Hope High School (math 21% / reading 43%, grade F, #59 of 305 statewide, top 21%, 586 students, 57% FRL) — zoned schools average 56% FRL vs 29% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.5%/yr); 366 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $1k of loan paydown is wiped out by about $6k 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 27 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.

Recommended offer $193,491 (7.8% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 0.92% ✗
• Cap rate: 7.20%
• Cash-on-cash: 3.25%
• DSCR: 1.14
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $303,066
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 Sedgewick Dr	0.08mi	3/2.0	2,732 (+2%)	10mo	$225,000	$82	83
137 Sedgewick Dr	0.11mi	3/2.5	2,601 (-3%)	10mo	$240,000	$92	78
124 Winstead Cir	0.21mi	3/2.5	2,841 (+6%)	9mo	$245,000	$86	69
128 Winstead Cir	0.21mi	3/2.5	2,440 (-9%)	4mo	$275,500	$113	68
202 Sedgewick Dr	0.34mi	3/2.5	2,449 (-9%)	0mo	$264,900	$108	65
188 Winstead Cir	0.30mi	3/2.5	2,850 (+6%)	9mo	$280,000	$98	64
187 Sedgewick Dr	0.28mi	4/2.5 (+1)	2,775 (+4%)	10mo	$270,000	$97	64
100 Gander Cir	0.38mi	4/3.5 (+1)	2,817 (+5%)	10mo	$384,900	$137	52
113 Barlow Way	0.48mi	4/3.0 (+1)	2,583 (-4%)	10mo	$359,900	$139	52
107 Barlow Way	0.47mi	4/3.0 (+1)	2,955 (+10%)	11mo	$367,000	$124	41
103 Barlow Way	0.47mi	4/3.5 (+1)	2,987 (+11%)	10mo	$354,000	$119	38
117 Waltrip Dr	0.54mi	4/3.5 (+1)	3,060 (+14%)	3mo	$375,000	$123	36

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 · 3.54% rent growth · sell at horizon

5-year hold

• IRR: -10.6%
• Equity multiple: 0.61×
• Total profit: $-22,830
• Equity at exit: $31,297

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,514
• Equity at exit: $18,148

Cash invested: $58,772 (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 35763

• Home prices YoY: -3.6%
• Rents YoY: 3.5%
• Active inventory: 366
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,935 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$173 /mo · $2,077/yr
• Insurance: −$87
• HOA: −$8
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $159

Break-even live

Break-even rent $1,733

Max offer price $209,900

Occupancy floor 87%

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
126 Belle Haven Dr Unit 126 Owens Cross Roads, AL	4.0	2.5	3280	$1,860	$0.57	13d	1	0.12mi
119 Belle Haven Dr Owens Cross Roads, AL	3.0	2.5	2246	$1,690	$0.75	13d	1	0.13mi
136 Winstead Cir Owens Cross Roads, AL	3.0	2.5	1980	$1,650	$0.83	43d	1	0.24mi
138 Winstead Cir Owens Cross Roads, AL	3.0	2.5	2375	$1,910	$0.80	13d	1	0.24mi
135 Varina Dr Owens Cross Roads, AL	4.0	2.5	3078	$2,200	$0.71	21d	1	0.45mi
175 Lyons Rd Owens Cross Roads, AL	4.0	3.0	2264	$1,950	$0.86	43d	1	0.94mi
104 Fire Fly Ln Owens Cross Roads, AL	3.0	3.0	2194	$1,561	$0.71	13d	1	1.06mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 18 events

1. 2026-06-18
   days on market $209,900 Active 27 DOM
2. 2026-06-17
   days on market $209,900 Active 26 DOM
3. 2026-06-16
   days on market $209,900 Active 25 DOM
4. 2026-06-15
   days on market $209,900 Active 24 DOM
5. 2026-06-14
   days on market $209,900 Active 22 DOM
6. 2026-06-10
   days on market $209,900 Active 19 DOM
7. 2026-06-09
   days on market $209,900 Active 18 DOM
8. 2026-06-08
   days on market $209,900 Active 17 DOM
9. 2026-06-07
   days on market $209,900 Active 16 DOM
10. 2026-06-02
    days on market $209,900 Active 11 DOM
11. 2026-06-01
    days on market $209,900 Active 10 DOM
12. 2026-05-31
    days on market $209,900 Active 9 DOM
13. 2026-05-30
    days on market $209,900 Active 8 DOM
14. 2026-05-22
    listed $209,900 Active
15. 2022-03-16
    soldstatus $220,025
16. 2022-03-15
    soldstatus $244,500 Sold 698-char remark

    Show marketing remark (698 chars)

    Come see this neatly maintained and freshly painted 3bd/2ba with two living areas! This home boasts an open floor plan downstairs, great for entertaining, and a cozy second living room upstairs for a more relaxed evening. The master offers a lot of space, and expansive bath and closet. All flooring was installed in 2018, along with a new refrigerator, and a 2 year old HVAC unit. The privacy fenced backyard offers seclusion and relaxation. The attached two car garage has been freshly painted. Enjoy your home in this well-established neighborhood, just minutes from convenient shopping and schools. All facts, schools, and measurements to be verified by buyer or buyer's agent prior to closing.

17. 2022-02-15
    status Pending 698-char remark

    Show marketing remark (698 chars)

    Come see this neatly maintained and freshly painted 3bd/2ba with two living areas! This home boasts an open floor plan downstairs, great for entertaining, and a cozy second living room upstairs for a more relaxed evening. The master offers a lot of space, and expansive bath and closet. All flooring was installed in 2018, along with a new refrigerator, and a 2 year old HVAC unit. The privacy fenced backyard offers seclusion and relaxation. The attached two car garage has been freshly painted. Enjoy your home in this well-established neighborhood, just minutes from convenient shopping and schools. All facts, schools, and measurements to be verified by buyer or buyer's agent prior to closing.

18. 2022-02-15
    listed $234,000 Active 698-char remark

    Show marketing remark (698 chars)

    Come see this neatly maintained and freshly painted 3bd/2ba with two living areas! This home boasts an open floor plan downstairs, great for entertaining, and a cozy second living room upstairs for a more relaxed evening. The master offers a lot of space, and expansive bath and closet. All flooring was installed in 2018, along with a new refrigerator, and a 2 year old HVAC unit. The privacy fenced backyard offers seclusion and relaxation. The attached two car garage has been freshly painted. Enjoy your home in this well-established neighborhood, just minutes from convenient shopping and schools. All facts, schools, and measurements to be verified by buyer or buyer's agent prior to closing.

ⓘ 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: $2,077 · $173/mo
• Projected year-2 tax: $2,077 · $173/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,219
• − Mortgage interest: −$11,758
• − Property taxes: −$2,077
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,858
• − Management: −$1,858
• − HOA: −$96
• − Depreciation: −$6,106
• Taxable loss: −$1,582
• Est. tax savings @ 24.0%: +$380
• After-tax cash flow: $2,291/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 — Owens Cross Roads

• Score: 68/100
• State rank: #65
• US rank: #9303

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Owens Cross Roads, AL
• County: Madison County · 380,832 people
• City population: 19,819
• Metro: Huntsville, AL
• Population (ZIP): 19,819
• Household income: $123,497
• Rent vs Own: 7.5% rent · 92.5% own
• Severe rent burden: 73.0

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 (85%)
• Race & ethnicity: White 85% Two or more races 8% Hispanic / Latino 5% Black 2% Asian 2%
• Common ancestry: Italian 5% Slovak 2% Serbian 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Russian/Polish/Slavic 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: ▼ -10.43%
• Current HPI: 281.0561
• Rent YoY: ▲ 3.54%
• 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

-10.3% since first listed

5 events — show timeline

• 2026-05-22 Listed $209,900 VMLS
• 2022-03-16 Sold (Public Records) $220,025 Public Records
• 2022-03-15 Sold (MLS) $244,500 VMLS
• 2022-02-15 Pending — VMLS
• 2022-02-15 Listed $234,000 VMLS

Property tax history

+15.6%/yr

Latest (2024): $2,077 · +9.8% YoY. Source: county tax records.