Investor Alert: Fixer-Upper on 10 Acres in Prime Pike Road!
This is an exceptional opportunity for investors and dedicated homeowners to transform 131 Meriwether Trace in Pike Road, AL, into a highly valuable asset. Marketed as a true fixer-upper, this 3-bedroom, 2-bathroom home offers over 2,100 square feet of living space that requires some renovation and modernization. The significant appeal lies in its coveted location within the excellent Pike Road community and the expansive, private 10-acre lot, a feature increasingly rare and valuable in this sought-after market.
Priced to reflect the need for some repairs and updating, this property presents a compelling case for a high return on investment (ROI), whether you plan a full-scale flip, a long-term buy-and-hold rental, or the creation of a custom, private estate. The large acreage offers excellent potential for maximizing the property's use, though buyers should verify all details, including current zoning and property status, as it is likely being sold in "As-Is" condition. This is a chance to acquire a large parcel in a prime area—bring your contractors and your vision to capitalize on this significant equity opportunity.
An additional 10-acres next door is available as well. See the listing of 141 Meriwether Trace.
Under contract
$399,900
131 Meriwether Trce, Pike Road, AL 36064
3beds
2,106sqft
Est.:
Single Family Residence
Built in 1996
10 Acres Lot
$388,600 Zestimate®
$190/sqft
$-- HOA
What's special
Large acreage
- 17 days |
- 1,184 |
- 76 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 11, 2025 at 11:11am
Listed by:
Steve J. Jarrett 334-272-3200,
New Waters Realty LLC
Source: MAAR,MLS#: 581849
Originating MLS: Montgomery Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Flooring: Carpet, Tile, Wood
Interior area
- Total interior livable area: 2,106 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Fence
- Pool features: None
- Fencing: Partial
Lot
- Size: 10 Acres
- Features: City Lot
Details
- Additional structures: Barn(s)
- Parcel number: 1605150000001.018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Unknown
Community & HOA
Community
- Subdivision: Mcneil
HOA
- Has HOA: No
Location
- Region: Pike Road
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $284,000
- Annual tax amount: $1,884
- Date on market: 11/28/2025
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$388,600
$369,000 - $408,000
$1,576/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Contingent | $399,900$190/sqft |
Source: | ||
| 11/28/2025 | Listed for sale | $399,900$190/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,760 -7.5% | $28,400 +0.8% |
| 2023 | $1,903 +37.8% | $28,180 -0.9% |
| 2022 | $1,381 +2.4% | $28,440 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,228/mo
Principal & interest
$1965
Home insurance
$140
Property taxes
$123
Climate risks
Neighborhood: 36064
Nearby schools
GreatSchools rating
- 10/10Pike Road Middle SchoolGrades: 4-6Distance: 2.3 mi
- 10/10Pike Road Jr High SchoolGrades: 7-9Distance: 5.8 mi
- 5/10Pike Road High SchoolGrades: 10-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Pike Road School
- Middle: Pike Road School,
- High: Pike Road High School
Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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