8380 Lake Myrtle Dr, Theodore, AL, 36582
About This Home
nvestor Opportunity with Character and Potential! This 2-bedroom, 1-bath bungalow sits on a generous .35-acre lot and offers an excellent opportunity for an investor, flipper, or buyer looking to add a rental property to their portfolio. Inside, the home features a spacious living room with high ceilings, exposed beams, and built-in details that showcase its classic character. Two bedrooms and a full bathroom are located just off the living area, while the kitchen and laundry room are situated toward the rear of the home. Outside, enjoy a large covered front porch, raised foundation, and fenced backyard with plenty of room for outdoor use. Convenient interstate access adds to the property's appeal for future owners or tenants. This property is ready for someone with vision to bring it back to life and capitalize on its location, lot size, and original charm. Whether you're looking for your next renovation project or an addition to your investment portfolio, this one is worth a look! Buyer and buyer’s agent to independently verify all information, including but not limited to zoning, deed restrictions, local regulations, measurements, property condition, and any other matters of record. All updates and improvements are per Seller. Measurements are approximate and not guaranteed.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Laundry Room
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Beamed Ceilings
- Flooring: Carpet,Laminate
- Fireplace features: None
Heating & Cooling
- Heating features: None
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 1,293
- Total interior livable area: 1,293 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 3701012002025
Features
- Levels: One
- Pool features: None
- Patio & porch: Covered,Front Porch
- Exterior features: None
- Spa features: None
- Fencing: Back Yard,Chain Link,Fenced
- Has view: Yes
- View description: Rural,Trees/Woods
- Waterfront features: None
Lot
- Lot size: 0.35 Acres
- Features: Back Yard,Front Yard
Parking
- Parking features: Driveway
- Has uncovered spaces: 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
- Hurricane
- Lightning
- Heat Wave
- Tornado
- Tsunami
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 | $429 | $5,148 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $30 | $360 |
| Electricity | $240 | $2,881 |
| Total | $789 | $9,468 |
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 |
|---|---|---|
| 2026-08-12 | Listed for sale | $75,000 |
| 2026-08-11 | Listing removed | $85,000 |
| 2026-05-11 | Listed for sale | $85,000 |
| 2026-03-30 | Pending sale | $85,000 |
| 2025-12-19 | Price change | $85,000 |
| 2025-11-11 | Listed for sale | $95,000 |
| 2007-10-16 | Sold | $14,000 |
| 2002-03-25 | Sold | $28,000 |
| 2001-10-31 | Sold | $66,085 |
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