Multiple 21171 Hwy #431, Lafayette, AL, 36862
About This Home
Beautiful Farmhouse on 1 acre that has been completely remodeled. New roof, new windows, bathroom and kitchen gutted. Wood and tile flooring throughout. Has excellent view of lake. All appliances included. Move-in ready. Two family rooms - one could be used as a third bedroom. Listing includes a 4 acre parcel perfect for building an additional home, guest house, workshop, etc. Enjoy peaceful lakefront living with a private, stocked lake featuring crappie, bream, and bass-perfect for fishing and relaxing. Qualifies for USDA loan.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Slab/No
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Country
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Microwave
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate
Features
- Walk-In Closet(s)
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Central Electric
Interior Area
- Total structure area: 1,516
- Total interior livable area: 1,516 sqft
Kitchen
- Features: Country
Master Bathroom
- Features: Double Vanity
Property
Details
- Parcel number: 12 06 07 26 0 0
- Special condition: Other-See Remarks
Features
- Levels: One
- Patio & porch: Patio
- On waterfront: Yes
- Waterfront features: Lake
- Living area range: 1500-1749
Lot
- Lot size: 5 Acres
- Features: Private Backyard,Other-See Remarks
Parking
- Parking features: Attached,Side/Rear
- Has garage: Yes
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
- Heat Wave
- Lightning
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $256 | $3,072 |
| Property Taxes | $56 | $672 |
| Electricity | $240 | $2,881 |
| Total | $1,740 | $20,880 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Price change | $235,000 |
| 2026-05-29 | Listed for sale | $425,000 |
| 2026-05-01 | Listing removed | $425,000 |
| 2026-02-27 | Price change | $425,000 |
| 2025-10-21 | Listed for sale | $415,000 |
View on Zillow