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701 Rigel Dr SW, Decatur, AL, 35603

4beds
2baths
2,216sqft
$295,000
$133price/sqft
$2,031/moest. monthly cost
$81,240/yrincome needed

About This Home

Opportunities like this don’t come often, especially at this price point. This 4-bedroom, 2-bath home offers approximately 2,216 square feet and sits on a generous corner lot. Meticulously maintained and clearly loved, this property delivers both space and value in one package. Schedule your showing before it’s gone.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
Decatur Middle SchoolGrades 6-83.7 mi
5/10
Decatur High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1993

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator

Bedroom2

  • Features: Ceiling Fan(s),Carpet
  • Level: First
  • Area: 132

Bedroom3

  • Features: Ceiling Fan(s),Carpet
  • Level: First
  • Area: 140

Bedroom4

  • Features: Ceiling Fan(s),Carpet
  • Level: First
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Family Room

  • Features: Carpet
  • Level: First
  • Area: 272

Features

  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central 1
  • Cooling features: Central 1

Interior Area

  • Total interior livable area: 2,216 sqft

Kitchen

  • Features: Laminate Floor
  • Level: First
  • Area: 126

Living Room

  • Features: Ceiling Fan(s),Carpet,Fireplace
  • Level: First
  • Area: 361

Property

Details

  • Parcel number: 12 03 07 2 001 004.012

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio
  • Exterior features: Curb/Gutters,Sprinkler Sys

Lot

  • Lot size dimensions: 83 x 31 x 131 x 103 x 150

Parking

  • Parking features: Driveway-Concrete

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Lightning
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$217$2,604
Property Taxes $76$912
Electricity $247$2,975
Total$2,031$24,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,634/yr
40% on housing$60,930/yr
45% on housing$54,160/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 35603$139
Morgan County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 35603$155
Morgan County$138

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$285,000
2026-05-05Listed for sale$295,000

For Sale by Agent

AgentLori Bou
BrokerageMarMac Real Estate Huntsville

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