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5005 Northwood Lake Dr E, Northport, AL, 35473

0beds
0baths
0sqft
$55,000
--price/sqft
$563/moest. monthly cost
$22,520/yrincome needed

About This Home

PRICE REDUCED!! Introducing the perfect lot to build your dream home on this stunning 1-acre vacant lot in the highly sought after Northwood Lake subdivision of Northport, AL. Located at 5005 Northwood Lake Dr E, this lot offers direct access to Northwood Lake, perfect for fishing, kayaking, or paddleboarding from one of the neighborhood's private boat landings. This tiered lot provides ample flexibility for a unique custom home site with room for a garden, patios, and recreational areas. Northwood Lake is one of the oldest and largest neighborhoods in the Tuscaloosa area and offers many amenities to its residents including a children's playground, walking trails around the lake and a pool open to residents in the summer. Conveniently situated just over a mile from the closest Publix, 4 miles from Downtown Tuscaloosa, and 3 miles from Downtown Northport, this location blends tranquil lakeside living with easy access to Tuscaloosa's vibrant amenities. Utilities are available at the street, simplifying the building process. School District: This property is served by the Tuscaloosa County School System, with nearby schools including Faucett-Vestavia Elementary School, Collins-Riverside Middle School, Echols Middle School and Tuscaloosa County High School. Additional Features: • Lot size: Approximately 1 acre • Waterfront access with a private fishing dock • Ideal for custom home construction • Close proximity to downtown Northport and Tuscaloosa's entertainment and dining Don't miss this rare chance to own a prime lakeside lot in Northwood Lake, perfect for creating your ideal home in a peaceful and accessible community. Schedule a visit today!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

4/10
Echols Middle SchoolGrades 7-81.5 mi
5/10
Sipsey Valley High SchoolGrades 9-129.9 mi

Construction

Type & Style

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

Interior

Basement

  • Area: 0

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 3102041007008000
  • Lease amount: 0

Features

  • Has view: Yes
  • View description: Lake,Street
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Northwood Lake

Lot

  • Lot size: 1.04 Acres

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across Alabama Counties

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 $278$3,336
Home Insurance *$31$372
Property Taxes $14$168
Electricity $240$2,881
Total$563$6,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,302/yr
40% on housing$16,890/yr
45% on housing$15,013/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 35473$131
Tuscaloosa County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 35473$170
Tuscaloosa County$162

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

DateEventPrice
2026-05-22Listed for sale$55,000
2025-12-13Listing removed$60,000
2025-05-23Listed for sale$60,000
2024-06-29Listing removed--
2024-06-21Price change$55,000
2024-02-01Listed for sale$60,000
1995-05-31Sold$111,800

For Sale by Agent

AgentCamilla Carpenter
BrokerageTutt Real Estate

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