Rare opportunity to own 9.51 acres in Rainbow City with endless potential! Currently zoned agricultural, this property offers the possibility of future residential rezoning and could potentially be divided into separate parcels for smaller home sites. Just minutes from Interstate 59. The property already features underground power and a 100-foot well. Also public water available at the road. A very small portion at the back of the property lies within a flood zone, while the majority of the acreage offers beautiful usable land with multiple possibilities. There is a 1000 gallon septic tank on the property previously used for the mobile home.
Lot/land
Price cut: $5K (8/26)
$125,000
243 Friendship Rd, Rainbow City, AL 35906
--beds
--baths
9.51Acres
Agriculture
Built in ----
9.51 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful usable land
- 99 days
- 183
- 19
Zillow last checked:
Listing updated:
Listed by:
Rhonda Hunt 256-453-6427,
ERA King Real Estate
Source: ValleyMLS,MLS#: 21918792
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 9.51 Acres
- Features: Level, Wooded
Details
- Parcel number: 1609320000010.000
Utilities & green energy
- Electric: Underground
- Sewer: Septic Tank, Septic Install
- Water: Well
- Utilities for property: Natural Gas Not Available
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Rainbow City
Financial & listing details
- Tax assessed value: $41,400
- Annual tax amount: $170
- Date on market: 5/21/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$873/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $125,000-3.8% |
Source: | ||
| 5/21/2026 | Listed for sale | $130,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $170 | $4,140 |
| 2024 | $170 | $4,140 |
| 2023 | $170 | $4,140 |
| 2022 | $170 +22.5% | $4,140 +22.5% |
| 2021 | $139 | $3,380 |
| 2020 | $139 | $3,380 |
| 2019 | $139 | $3,380 -4% |
| 2017 | $139 +37.9% | $3,520 -1.7% |
| 2016 | $101 | $3,580 |
| 2015 | $101 | $3,580 -10.9% |
| 2013 | $101 | $4,020 |
| 2012 | -- | $4,020 |
| 2011 | -- | $4,020 |
| 2010 | -- | $4,020 |
| 2008 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 35906
Nearby schools
Schools provided by the listing agent
- Elementary: John S Jones Elementary
- Middle: Rainbow
- High: Southside High School
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





