3 months on rocket

11261 Lawngate Rd, Athens, AL, 35611

$1,555,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

11261 Lawngate Rd, Athens$1,555,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDriveway-Gravel
Year Built1990
HeatingElectric
CoolingWall Unit(s)
MLS #21868055
Lot Size4.80 Acres
StatusActive

About 11261 Lawngate Rd

Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.

Property Details

Property Features

Property Information:

  • Year Built: 1990

Listing Office:

  • Office Name: Capstone Realty
  • Office Phone: (256) 382-7300

Exterior Features

Exterior Information:

  • Exterior: Curb/Gutters

Parking Information:

  • Parking: Driveway-Gravel

Lot Features

Lot Information:

  • Lot Size: 4.80 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Turn Right Onto Nuclear Plant Rd 5.1 Mi Turn Left Onto Cowford Rd/Nuclear Plant Rd 0.2 Mi Turn Right Onto Nuclear Plant Rd 2.2 Mi Turn Right Onto Shaw Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,555,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Athens, AL.

Map thumbnail provided by MapBox

Athens, AL

City

Med. Sold Price

$315K

Med. Price/SqFt

$164

Avg. Days On Market

19

# of Sold Homes

79

11261 Lawngate Rd vs Athens

105 DAYS ON ROCKET

+86 Days

$1,555,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Athens, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21868055

Listing Office:

  • Office Name: Capstone Realty
  • Office Phone: (256) 382-7300

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2024 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,828

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,728

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-842653
6
/10

  • Blue Springs Elementary School

  • 16787 Hardy Rd

  • 5.30 miles

  • Public District Grades PK-5

school-card-donut-842654
3
/10

  • Tanner Elementary School

  • 12067 Dowd St

  • 8.36 miles

  • Public District Grades PK-5

school-card-donut-842655
5
/10

  • Athens Intermediate School

  • 1916 US Highway 72 W

  • 8.42 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,636. Typical income of Athens, AL residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Limestone County›Athens›35611›11261 Lawngate Rd

This home is located at 11261 Lawngate Rd in Athens, AL and zip code 35611. This home, which was built in 1990, sits on a 4.80 acre lot. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $1,555,000.

In October 2024 more than 10 listings in Athens, AL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 43 were sold below. The inventory of homes for sale in Athens, AL between September 2024 and October 2024 increased by 9.5%. The median list price of listings available in October 2024 was $315,000, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources