111 Tallassee Trl · Jacksonville, AL 36265

$225,000

4 bd · 1.5 ba · 1,716 sqft · SingleFamily public records · 38 Days on market

Built 2004 0.47 ac lot $131/sqft · 12% below area Est $263k · 14% 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 +13.9/15.0
• Cash flow +8.3/30.0
• Rent growth +3.9/5.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• 1% rule +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

Key facts

• Versatile bonus area
• Deck
• Updated kitchen

Tags

• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• VERSATILE BONUS AREA
• DECK

Property features AI

Finance

• Other: 0.47 acre lot; Not in flood plain; No pool; No waterfront
• Financial info: Down payment assistance available
• HOA & community: Garbage fee included

Exterior

• Parking: Attached parking; Driveway parking; 3 covered carport spaces; Parking on main level
• Utilities: Public water; Septic system; Electric water heater; Internet service availability unknown
• Home design: Siding (Hardiplank) exterior; Existing construction
• Construction: Crawl space foundation
• Exterior features: Front porch; Open deck

Interior

• Kitchen: Stone countertops; Dishwasher (built-in); Built-in microwave; Refrigerator; Electric stove
• Bedrooms: Multiple bedrooms including a master bedroom on upper level; Bedrooms located on main and upper levels
• Flooring: Carpet; Hardwood laminate; Tile flooring
• Bathrooms: Two full bathrooms; One half bathroom; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: 9 ft. + ceilings; Has attic; Attic (other); No special interior features listed
• Laundry & utility: Laundry room on main level; Washer hookup provided; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $-205 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $189k (16.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (37.0% below list).
• Recommended offer: $142k (37.0% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 3.6% in Jacksonville — 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 70/100 on livability (#41 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
• Calhoun County (rural): math 19% / reading 49% proficiency, ranked #46 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Alexandria Elementary School (math 33% / reading 61%, grade D-, #142 of 627 statewide, top 25%, 720 students, 61% FRL); Alexandria High School (math 22% / reading 22%, grade F, #142 of 305 statewide, top 51%, 513 students, 58% FRL).
• Market conditions: Rents rising fast (+5.6%/yr); 88 active listings in the ZIP; 135 units permitted in Calhoun County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Calhoun County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($218k) 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: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,711 (37.0% 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 38 days. Have you received any prior offers? Is the seller open to a 37% 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. Schools are B-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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.63% ✗
• Cap rate: 5.20%
• Cash-on-cash: -3.91%
• DSCR: 0.83
• GRM: 13.2

CMA / ARV

• ARV (median comp): $262,534
• List price: $225,000
• Delta: -14.30%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
111 Tallassee Trl	0.00mi	4/2.5	1,752 (+2%)	1mo	$215,000	$123	92
250 Waterford Way	0.61mi	3/2.0 (-1)	1,924 (+12%)	1mo	$274,900	$143	43

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 · 5.6% rent growth · sell at horizon

5-year hold

• IRR: -20.6%
• Equity multiple: 0.27×
• Total profit: $-45,863
• Equity at exit: $33,548

10-year hold

• IRR: -9.7%
• Equity multiple: 0.35×
• Total profit: $-40,814
• Equity at exit: $19,454

Cash invested: $63,000 (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 36265

• Home prices YoY: -26.1%
• Rents YoY: 5.6%
• Active inventory: 88
• Price-to-rent: 13.2×

Monthly cashflow live

• Estimated rent: $1,417 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$51 /mo · $616/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $-205

Break-even live

Break-even rent $1,677

Max offer price $188,701

Occupancy floor —

Sensitivity live

Price	-10% $-78	-5% $-142	+0% $-205	+5% $-269	+10% $-333
Rent	-10% $-317	-5% $-261	+0% $-205	+5% $-150	+10% $-94
Rate	-1.0pp $-92	-0.5pp $-148	base $-205	+0.5pp $-264	+1.0pp $-323

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-05-31
   days on market $225,000 Active 38 DOM
2. 2026-05-30
   days on market $225,000 Active 37 DOM
3. 2026-04-23
   listed $225,000 Active 638-char remark
4. 2022-12-28
   soldstatus $180,000
5. 2022-12-22
   soldstatus $180,000 Sold 632-char remark

   Show marketing remark (632 chars)

   Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

6. 2022-11-19
   historical Contingent 632-char remark

   Show marketing remark (632 chars)

   Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

7. 2022-11-14
   price $194,900 632-char remark

   Show marketing remark (632 chars)

   Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

8. 2022-11-14
   price $194,500 632-char remark

   Show marketing remark (632 chars)

   Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

9. 2022-10-08
   price $199,900 632-char remark

   Show marketing remark (632 chars)

   Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

10. 2022-10-04
    price $204,900 632-char remark

    Show marketing remark (632 chars)

    Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

11. 2022-09-20
    price $209,900 632-char remark

    Show marketing remark (632 chars)

    Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

12. 2022-09-09
    listed $214,900 Active 632-char remark

    Show marketing remark (632 chars)

    Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

13. 2022-09-08
    historical $214,900 632-char remark

    Show marketing remark (632 chars)

    Beautiful 3 Br 2.5 Ba Totally renovated home in Jacksonville (Alexandria School District). This home features New Granite Countertops and Cabinets throughout (Kitchen and Bathrooms). New HVAC system (Ductwork Included), New Roof, New Flooring (Tile, Carpet & LVP), New Deck, New Sheetrock, Freshly painted (Interior & Exterior) and New Matching Stainless Steel Appliances just to name a few. Family room could be easily converted to a 4th Bedroom if needed. It would also be the perfect home for anyone wanting roommates. You don't want to miss this one! Call today to schedule your personal showing! Motivated Sellers!!

14. 2022-07-12
    soldstatus $92,000

ⓘ 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: $616 · $51/mo
• Projected year-2 tax: $923 · $77/mo
• Expected delta: +$307/yr (+$26/mo · 49.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,005
• − Mortgage interest: −$12,603
• − Property taxes: −$616
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,360
• − Management: −$1,360
• − Depreciation: −$6,545
• Taxable loss: −$6,605
• Est. tax savings @ 24.0%: +$1,585
• After-tax cash flow: $-880/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: Calhoun County
• NCES district ID: 0100540
• Math proficiency: 19% ▼ -26.00%
• Reading proficiency: 49% ▬ 0.00%
• Median HH income: $44,891
• Composite: 28.91/100
• National rank: #6635
• State rank: #46 of 129 in AL

Livability — Jacksonville

• Score: 70/100
• State rank: #41
• US rank: #7385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Calhoun County · 71,763 people
• City population: 22,452
• Metro: Anniston-Oxford, AL
• Population (ZIP): 22,452
• Household income: $55,294
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 476.0

Population outlook (Calhoun County) Hauer SSP2

• Today (2025): 109,765 people
• By 2030: 105,708 · -3.7%
• By 2040: 96,192 · -12.4%
• By 2050: 86,413 · -21.3%
• By 2075: 63,467 · -42.2%
• By 2100: 44,704 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 15% Two or more races 4% Hispanic / Latino 4%
• Common ancestry: Slovak 3% Serbian 2% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Calhoun

• 2024 margin: Solid R (+44.8) · D 27.2% · R 71.9%
• 2008→2024 swing: -12.2pp toward R · 2008: -32.5pp · 2024: -44.8pp
• All cycles: 2024: R+44.8 2020: R+39.0 2016: R+41.4 2012: R+31.9 2008: R+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.38%
• Current HPI: 167.7493
• Rent YoY: ▲ 5.60%
• Metro: Anniston-Oxford, 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

+133.7% since first listed

13 events — show timeline

• 2026-05-29 Sold (MLS) $215,000 Greater Alabama MLS
• 2026-04-23 Listed $225,000 Greater Alabama MLS
• 2022-12-28 Sold (Public Records) $180,000 Public Records
• 2022-12-22 Sold (MLS) $180,000 Greater Alabama MLS
• 2022-11-19 Contingent — Greater Alabama MLS
• 2022-11-14 Price Changed $194,900 Greater Alabama MLS
• 2022-11-14 Price Changed $194,500 Greater Alabama MLS
• 2022-10-08 Price Changed $199,900 Greater Alabama MLS
• 2022-10-04 Price Changed $204,900 Greater Alabama MLS
• 2022-09-20 Price Changed $209,900 Greater Alabama MLS
• 2022-09-09 Listed $214,900 Greater Alabama MLS
• 2022-09-08 Coming Soon $214,900 Greater Alabama MLS
• 2022-07-12 Sold (Public Records) $92,000 Public Records

Property tax history

-1.2%/yr

Latest (2025): $616 · -12.5% YoY. Source: county tax records.