OWNER FINANCING AVAILABLE! This 1.127-acre partially cleared lot in the Arbor Acres community of Lexington, NC, offers the perfect blend of peace and convenience. Located in a friendly, growing area, this property is just a short drive from the charming downtown Lexington, known for its delicious BBQ and quaint shops. Enjoy easy access to local parks, beautiful lakes, and outdoor recreational opportunities, with nearby metro areas providing additional amenities and attractions. Selling below market value, this is the best deal on the market—an ideal spot to build your dream home in a vibrant, welcoming community!
Property Details
Property Features
Listing Office:
Office Name: Chosen Realty of NC
Office Phone: (330) 249-3499
Listing Agent: Nicholas Huscroft
Lot Features
Lot Information:
Lot Size: 1.13 Acres
Other
Directions Information:
Directions: Take E Old Hwy 64/Old Raleigh Rd to E Center St Ext. Turn left onto Arbor Dr. Destination will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $28,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, NC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$212
Per Month
Principal & Interest
$145
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$153
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Charles England Elementary School
111 Cornelia St
Distance between this listing and this school1.88 miles
Public District Grades 1-5
7
/10
Davis-Townsend Elementary School
975 Heath Church Rd
Distance between this listing and this school3.52 miles
Public District Grades KG-5
4
/10
Southwest Elementary School
434 Central Ave
Distance between this listing and this school3.65 miles
Public District Grades 1-5
Nearby Schools
3
/10
Lexington Middle School
100 W Hemstead St
Distance between this listing and this school3.04 miles
Public District Grades 6-8
5
/10
Central Davidson Middle School
2591 NC Highway 47
Distance between this listing and this school3.61 miles
Public District Grades 6-8
4
/10
E. Lawson Brown Middle School
1140 Kendall Mill Rd
Distance between this listing and this school7.62 miles
Public District Grades 6-8
Nearby Schools
7
/10
Yadkin Valley Regional Career Academy
2065 E Holly Grove Rd
Distance between this listing and this school2.50 miles
Public District Grades 9-12
2
/10
Davidson County High School
2061 E Holly Grove Rd
Distance between this listing and this school2.50 miles
Public District Grades 9-12
3
/10
Lexington Senior High School
26 Penry St
Distance between this listing and this school3.09 miles
The neighbors living near this home have an average income of $56,958. The majority of Lexington, NC residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Arbor Dr
What is the listing price of this property?
The listing price of 0 Arbor Dr property is $28,900.
What type of property is this?
The property 0 Arbor Dr is land located in Lexington, North Carolina, 27292.
Is this property for sale now?
Active Listing: 0 Arbor Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Arbor Dr in Lexington, NC and zip code 27292. This home sits on a 1.13 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $28,900.
Lexington, NC housing market in October 2024 saw over 14 listings sold above listed price, more than 45 sold at listed price and over 46 sold below. The number of listings in Lexington, NC decreased by 0.4% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $288,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.