Investment Opportunity in the Heart of Winfield!This charming 2-bedroom, 1-bath home is located within the highly sought-after Winfield City School District-perfect for families, investors, or anyone looking to enjoy small-town living with big potential.Inside, you'll find a practical layout designed for comfort and functionality. The cozy living spaces are easy to maintain, and the bedrooms offer just the right amount of space for relaxation. Outside, the property features a manageable yard, ideal for tenants or homeowners who prefer low-maintenance living.
Currently being used as a rental, this property presents a fantastic opportunity for investors to step right into a steady income stream or for buyers to make it their own.
Conveniently located near schools, shopping, and local amenities, this home combines affordability with a great location.
Sold for $40,000 on 10/17/25
Zestimate®
$40,000
512 Drake Loop, Winfield, AL 35594
2beds
1baths
936sqft
Single Family Residence
Built in 1950
0.7 Acres Lot
$40,000 Zestimate®
$43/sqft
$905 Estimated rent
Home value
$40,000
Estimated sales range
Not available
$905/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 17, 2025 at 05:38am
Listed by:
Brandi Segraves 205-495-1138,
EXIT Realty Birmingham
Bought with:
Non Member
Non - Board Member
Source: Walker County Area MLS,MLS#: 25-1777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Oven, Electric Range, Refrigerator, Electric Water Heater
Features
- Flooring: Partial Carpet, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 936
- Total interior livable area: 936 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 1
- Patio & porch: Porch
- Waterfront features: No - None
Lot
- Size: 0.70 Acres
- Dimensions: 0.7
Details
- Parcel number: 492401020200049000
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding, Paneled Walls
- Roof: Shingle
Condition
- Existing Structure,Good
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Alabama Power
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Winfield
- Subdivision: -
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $40,000-27.3%$43/sqft |
Source: Walker County Area MLS #25-1777 | ||
| 10/15/2025 | Contingent | $55,000$59/sqft |
Source: Walker County Area MLS #25-1777 | ||
| 9/19/2025 | Listed for sale | $55,000$59/sqft |
Source: Walker County Area MLS #25-1777 | ||
| 9/18/2025 | Contingent | $55,000$59/sqft |
Source: Walker County Area MLS #25-1777 | ||
| 9/1/2025 | Listed for sale | $55,000+243.8%$59/sqft |
Source: Walker County Area MLS #25-1777 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $275 | $10,200 |
| 2023 | $275 +19.4% | $10,200 +19.4% |
| 2022 | $231 -2.5% | $8,540 -2.5% |
Find assessor info on the county website
Neighborhood: 35594
Nearby schools
GreatSchools rating
- 10/10Winfield Elementary SchoolGrades: PK-4Distance: 2.4 mi
- 10/10Winfield Middle SchoolGrades: 5-8Distance: 2.4 mi
- 10/10Winfield High SchoolGrades: PK,9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: City
- Middle: City
- High: City
Source: Walker County Area MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.