RARE OPPORTUNITY to own 2.7 beautiful acres in Chapel Hill, Enjoy the many amenities of Chapel Hill and UNC. Chapel Hill Schools with low County taxes. This hard to find large, beautiful parcel is close to interstates 40/85 and about 5-minutes form the center of downtown Chapel Hill. Bring your own builder and build your private/secluded custom dream home. Property is wooded and level with a small stream running through. The lot is at the end of a quiet lane. No septic needed just tap into OWASA sewage line. The easement runs along the side of the property and offers an additional privacy buffer.
Property Details
Property Features
Listing Office:
Office Name: Chatham Homes Realty
Office Phone: (919) 545-2333
Listing Agent: Rudy Vitaro
Exterior Features
Exterior Information:
View: Trees/Woods
Exterior: None
Lot Features
Lot Information:
Lot Size: 2.70 Acres
Other
Directions Information:
Directions: From CH-Martin Luthur King to left on Homestead to right on Merin Rd to left on Billabong. Lot 8 is at the end of the road on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $485,000
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 Chapel Hill, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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.
$2,488
Per Month
Principal & Interest
$2,421
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
$1,521
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
8
/10
Seawell Elementary School
9115 Seawell School Rd
Distance between this listing and this school0.99 miles
Public District Grades KG-5
7
/10
Morris Grove Elementary School
215 Eubanks Rd
Distance between this listing and this school1.85 miles
Public District Grades KG-5
7
/10
Estes Hills Elementary School
500 N Estes Dr
Distance between this listing and this school2.08 miles
Public District Grades KG-5
Nearby Schools
7
/10
Smith Middle School
9201 Seawell School Rd
Distance between this listing and this school0.81 miles
Public District Grades 6-8
5
/10
Guy B. Phillips Middle School
606 N Estes Dr
Distance between this listing and this school1.93 miles
Public District Grades 6-8
7
/10
C&L McDougle Middle School
900 Old Fayetteville Rd
Distance between this listing and this school2.27 miles
Public District Grades 6-8
Nearby Schools
8
/10
Chapel Hill High School
9217 Seawell School Rd
Distance between this listing and this school0.64 miles
Public District Grades 9-12
9
/10
East Chapel Hill High School
500 Weaver Dairy Rd
Distance between this listing and this school2.48 miles
Public District Grades 9-12
3
/10
Phoenix Academy High School
750 S Merritt Mill Rd
Distance between this listing and this school3.50 miles
The neighbors living near this home have an average income of $140,000. Residents of Chapel Hill, NC typically earn between $100k-200k each year. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 Billabong Ln
What is the listing price of this property?
The listing price of 000 Billabong Ln property is $485,000.
What type of property is this?
The property 000 Billabong Ln is land located in Chapel Hill, North Carolina, 27516.
Is this property for sale now?
Active Listing: 000 Billabong Ln 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 000 Billabong Ln in Chapel Hill, NC and zip code 27516 in the Billabong Lane neighborhood. This home sits on a 2.70 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $485,000.
In October 2024 more than 21 listings in Chapel Hill, NC were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 42 were sold below. The number of homes for sale in Chapel Hill, NC increased by 4.6% between September 2024 and October 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $679,296 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Extreme Sports
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Panera
Cracker Barrel
Little Caesars
Infiniti
Lexus
Chevrolet
Adult Hits
Oldies
Country