Great opportunity for almost 40 acres of prime real estate on Hwy 98 in Elberta. Currently zoned Agriculture but there may be options for business/commercial and possible housing development. 10 acres currently leased for crops. Approximately 1200 ft on Hwy 98 the property is fenced and gated. Property is being surveyed and should be available shortly.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Gulf Coast, LLC
Office Phone: (251) 968-4300
Listing Agent: Christine Slaughter
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 38.72 Acres
Other
Directions Information:
Directions: Take US Hwy 98 West into Elberta the east property boundary is just past Breman Road on your left. Their is a gated driveway onto the property.
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Tax Information:
Annual Amount: $197
Tax Year: 2020
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 Elberta, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Elberta Elementary School
25820 US Highway 98
Distance between this listing and this school0.80 miles
Public District Grades KG-6
4
/10
Foley Elementary School
450 N Cedar St
Distance between this listing and this school7.15 miles
Public District Grades KG-6
3
/10
Florence B. Mathis Elementary School
600 W 9th Ave
Distance between this listing and this school7.58 miles
Public District Grades KG-6
Nearby Schools
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school7.01 miles
Public District Grades 7-8
4
/10
Summerdale Elementary School
400 E Broadway St
Distance between this listing and this school9.09 miles
Public District Grades KG-8
2
/10
Jim C. Bailey Middle School
4110 Bauer Rd
Distance between this listing and this school10.93 miles
Public District Grades 6-8
Nearby Schools
6
/10
Elberta High School
13355 Main St
Distance between this listing and this school1.79 miles
Public District Grades 9-12
6
/10
Foley High School
1 Pride Pl
Distance between this listing and this school7.37 miles
Public District Grades 9-12
6
/10
Robertsdale High School
21630 State Highway 59 S
Distance between this listing and this school11.97 miles
The neighbors living near this home have an average income of $35,085. Typical income of Elberta, AL residents is less than $35k annually. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 26652 US Highway 98
What is the listing price of this property?
The listing price of 26652 US Highway 98 property is $1,300,000.
What type of property is this?
The property 26652 US Highway 98 is land located in Elberta, Alabama, 36530.
Is this property for sale now?
Accepting Backup Offers: 26652 US Highway 98 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $197 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 26652 US Highway 98 in Elberta, AL and zip code 36530. This home sits on a 38.72 acre lot. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $1,300,000.
In October 2024, from all listings sold in Elberta, AL there were more than 0 sold above asking price, over 10 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Elberta, AL between September 2024 and October 2024 increased by 6.9%.
From Rocket Homes Real Estate and based on county public records data.