County Road 249, Winston County, Al

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County Road 249, Winston County, Al

Houston, AL 35572
Asking Price
$399K
Asset Type
Land
Class
Class B

What's Special

Located on County Road 249 in Houston, Alabama, this Winston County land parcel is situated within the scenic Bankhead National Forest region. The neighborhood is characterized by low-density rural residential holdings and expansive timber tracts near the shores of Smith Lake. Local amenities include recreational facilities and small-scale retail in the community of Houston, with broader services available in the nearby city of Double Springs. The property is accessible via maintained county roads, providing a direct link to Highway 278, a primary east-west corridor across Northern Alabama. The asset is suitable for recreational development, private residential estates, or long-term timber investment. Given its proximity to Smith Lake and national forest boundaries, ideal use cases include a seasonal retreat or a permanent rural residence. The typical profile for this location would be an individual seeking privacy and outdoor lifestyle opportunities or an investor interested in land preservation and recreational land management. The terrain and rural zoning support low-intensity land use consistent with the surrounding natural landscape.

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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