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3989 Royster Rd, Lexington, KY, 40516

$200,000

1.61 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #24021559
Lot Size1.61 Acres
StatusActive

About 3989 Royster Rd

This expansive 1.61-acre vacant lot, located in the thriving east end of Lexington, offers an unparalleled opportunity to build your dream home tucked away just minutes away from the rapid growth and development of the Hamburg area. With the recent addition of a new hospital and exciting plans for future expansion, the east side is quickly becoming one of the city's most desirable locations. Whether you're looking for room to build a spacious family home or create a serene retreat, this lot provides ample space for various building options. Rarely do opportunities like this arise in Lexington, making this property a valuable investment in an area poised for continued growth and appreciation. Seize the chance to have an estate size lot. Call today to get details on your future home site.

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (502) 717-1685

Lot Features

Lot Information:

  • Lot Size: 1.61 Acres

Other

Directions Information:

  • Directions: Going east bound on Winchester Rd, turn left onto Royster Rd. The lot is basicaly straight ahead when you come to the first big bend in the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000

Tax Information:

  • Annual Amount: $68
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

3989 Royster Rd vs Lexington

43 DAYS ON ROCKET

+21 Days

$200,000

-$124.7K Less

KEY TAKEAWAY

This property is $124.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021559

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (502) 717-1685

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$68$6,200
2019$68$6,200
2018$68$6,200

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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.

Nearby Schools

school-card-donut-1110034
7
/10
  • Garrett Morgan Elementary School

  • 1150 Passage Mound Way

  • 2.96 miles

  • Public District Grades PK-5

school-card-donut-1110035
9
/10
  • Athens-Chilesburg Elementary School

  • 930 Jouett Creek Dr

  • 3.60 miles

  • Public District Grades KG-5

school-card-donut-1110036
4
/10
  • Liberty Elementary School

  • 2585 Liberty Rd

  • 4.11 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,441. Typical income of Lexington, KY residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lexington, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lexington, KY?

The housing landscape in Lexington is characterized by a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and contemporary designs that cater to modern preferences. The market also includes a selection of apartments and townhouses, providing alternatives for those seeking different living arrangements. The homeownership rate in Lexington is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

Is Lexington, KY a good place to live?

Lexington is celebrated for its vibrant equestrian culture and is often referred to as the 'Horse Capital of the World.' The community prides itself on its picturesque landscapes, with rolling hills and horse farms defining much of the area's character. Local events such as the annual Kentucky Three-Day Event showcase the city's deep connection to horse racing and equestrian activities, reflecting the unique identity and values of the community.

Are things conveniently located in Lexington, KY?

The community benefits from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school. Lexington also hosts a number of private educational institutions, some with religious affiliations, offering additional choices for residents. Healthcare facilities are comprehensive, with major hospitals providing a range of services from urgent care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining experiences are plentiful, with options that mirror the local culture and cuisine.

What does the transportation in Lexington, KY look like?

Lexington's transport infrastructure supports both private and public transit options, with a public bus system that operates on a set schedule, facilitating movement around the city. While specific ride-sharing statistics are not mentioned, such services are available to complement the public transportation system. The city features areas that are pedestrian-friendly, particularly in the downtown region, and efforts have been made to improve bikeability. A network of roads and highways, including the New Circle Road and major routes like I-75 and I-64, aid in efficient commuting and travel to and from Lexington.

Frequently Asked Questions About 3989 Royster Rd

What is the listing price of this property?

The listing price of 3989 Royster Rd property is $200,000.

What type of property is this?

The property 3989 Royster Rd is land located in Lexington, Kentucky, 40516.

Is this property for sale now?

Active Listing: 3989 Royster Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $68 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3989 Royster Rd is 1.61 acres.
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Rocket HomesKentuckyFayette CountyLexington405163989 Royster Rd

This home is located at 3989 Royster Rd in Lexington, KY and zip code 40516. This home sits on a 1.61 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $200,000.

In October 2024, from all listings sold in Lexington, KY there were more than 60 sold above asking price, over 160 sold below and more than 59 were sold right at the asked price. In October 2024 in Lexington, KY there were 1.6% more homes for sale than in September 2024. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $324,770.

From Rocket Homes Real Estate and based on county public records data.

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