BUILT-IN EQUITY ALERT! 2BR/2.5BA townhome in prime Southwest Madison location! Just minutes from Huntsville Airport, shopping & entertainment - perfect positioning for today's lifestyle. Ideal For: Savvy investors seeking instant equity First-time buyers building wealth Downsizers wanting low-maintenance living Huntsville professionals needing a convenient second home Location Highlights: Quick access to airport, shopping centers, restaurants, & major employers. Low-maintenance townhome living in one of Madison's most desirable areas! The Value: This property delivers equity and convenience in a package that works for investors, 1st time buyers, or to downsize!!
TownhomeProperty Type
2009Year Built
$138Price/Sq.Ft.
$159/moHOA Dues
2 car garageParking
Listed by Steve Mitchell• MarMac Real Estate
•256-250-6009 (broker)
Bought with Russell Duck• Essential Real Estate-Madison
Est. $1,452 per month, based on comparable rentals
Sale and tax history for 231 Falling Water Ln SW
Sale History
Tax History
Date
Event
Price
VMLS #21906013
Apr 13, 2026
Sold
$170,000
$138/sq ft
Feb 12, 2026
Pending
—
Dec 18, 2025
Listed
$175,000
$143/sq ft
Public Records
Mar 21, 2016
Sold
$115,417
$94/sq ft
VMLS #1032135
Mar 18, 2016
Sold
$115,000
$94/sq ft
Nov 2, 2015
Listed
$116,500
$95/sq ft
+18
This immaculate home has brand new flooring and fresh paint throughout. The two master suites offer walk-in closets and separate bathrooms. The downstairs area is ready for entertaining with an open concept kitchen, dining, and living area that flow to a fenced in courtyard. This home is conveniently located in Madison; just 5 minutes from Redstone Arsenal Gate 7. HOA includes pool, tennis, fitness room, yard and common ground maintenance. Seller is willing to contribute: all appliances including washer dryer, custom blinds, and closing cost with accepted offer.
Tax Legal Description: Lot 70 The Promenade Phase 1 At River Landing Pb # 20080103000005630
Tax Block: 70
Utilities
Utility Information
Sewer: Public Sewer
Heating & Cooling
Has Cooling: Yes
Has Heating: Yes
Cooling: Central 1
Heating: Central 1
Location
HOA Information
Association YN: Yes
Association Fee: $159
Association Fee Frequency: Monthly
School / Neighborhood
Elementary School: Williams
Middle Or Junior School: Williams
High School: Columbia High
Location Details
Directions: From Huntsville 565 W Exit Madison Blvd, Take Zeirdt Rd To Beadle Take Beadle To Promenade, Turn Left Into Promenade, Right At Stop Sign, House Is On Right
Community Information
Subdivision Name: Promenade At River Landng
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,280
Stories: 2.0
Lot Size: 2,196 square feet
Style: Townhouse
Year Built: 2009
Year Renovated: —
County: Madison County
APN: 25-02-09-0-000-002.069
Home facts updated by county records on Sep 23, 2026
Around this home
Schools
James E Williams School
Public PreK-5 • Assigned • 1.3mi
7/10
Williams Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Columbia High School
Public 9-12 • Assigned • 8.1mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Madison, AL • 35756
Average low and high temperatures (°F)
49
29
59
38
71
48
78
56
79
62
87
69
90
74
87
69
85
65
77
54
66
47
54
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$200,000 – $241,000
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