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517 Gladstone Way, Dothan, AL, 36305

3beds
2baths
2,400sqft
$430,000
$179price/sqft
$2,846/moest. monthly cost
$113,840/yrincome needed

About This Home

Discover the perfect opportunity to create your ideal living space at 517 Gladstone Way in Dothan, AL. This expansive .43-acre lot, located in Block H of the desirable Highlands South subdivision, offers a fantastic foundation for your new home. The purchase includes both the lot and the construction of your dream home. The planned home size is 2,400 sq. ft., with a concept price of $430,000 and HOA dues of $375 per year. This is a rare opportunity to secure a beautiful lot in a vibrant neighborhood while customizing your dream home. Don't miss out—schedule your consultation today to explore your options! ((This is a home building concept only! The builder owns the vacant lot and can build this house or any other home that meets the subdivision restrictions. Southern Home Builders is a custom home building company that has won the Dothan Eagle "Builder of the Year" award for 3 of the last 4 years.)

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

6/10
3/10
5/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Slab
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet
  • Fireplace features: None

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 0807250000002.016

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: None
  • Waterfront features: No Waterfront

Lot

  • Lot size: 0.43 Acres
  • Lot size dimensions: .43

Parking

  • Total spaces: 2
  • Parking features: 2 Car
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
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 $2,174$26,088
Home Insurance *$301$3,612
Property Taxes $103$1,236
Electricity $268$3,222
Total$2,846$34,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,577/yr
40% on housing$85,380/yr
45% on housing$75,893/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: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 36305$143
Houston County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 36305$144
Houston County$134

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
2025-07-09Listed for sale$430,000
2025-06-02Listing removed$430,000
2024-11-01Listed for sale$430,000
2020-08-20Sold$35,000
2020-07-17Price change$38,900
2020-03-16Price change$45,000
2020-02-09Price change$53,900
2019-12-28Listed for sale$55,000
2019-09-03Sold$53,000
2019-03-19Listed for sale$59,900
2017-12-07Sold$55,000

New Construction

AgentScott Childers
BrokerageEXP Realty LLC

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