Rare Opportunity in Davidson County! Welcome to this stunning 20 acre parcel of land that offers endless possibilities. Whether you are looking to build your dream home or explore industrial zoning options, this property has it all. The land is flat and boasts incredible views. Imagine waking up to picturesque sunrises and enjoying peaceful sunsets right from your own backyard. This parcel is in a convenient location & adjoins two industrial properties, allowing for a variety of uses. With a deeded easement for easy access, the possibilities are truly endless. Don't miss out on this once in a lifetime opportunity to own a piece of paradise in Davidson County.
Property Details
Property Features
Listing Office:
Office Name: J. Marshall Realty
Office Phone: (336) 764-0000
Listing Agent: Jenna Younts
Lot Features
Lot Information:
Lot: Level, Cleared, Rural Area, Secluded
Lot Size: 20.00 Acres
Other
Directions Information:
Directions: Enter the property through an easement with Duke Power OR enter property through neighbors pasture. Please contact listing agent for instructions. Access for property available right off of New Cut Road.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Tax Information:
Annual Amount: $704
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,814
Per Month
Principal & Interest
$1,747
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
$1,116
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
5
/10
Brier Creek Elementary School
175 Watford Rd
Distance between this listing and this school2.70 miles
Public District Grades KG-5
4
/10
Silver Valley Elementary School
11161 E Old US Highway 64
Distance between this listing and this school2.87 miles
Public District Grades KG-5
7
/10
Davis-Townsend Elementary School
975 Heath Church Rd
Distance between this listing and this school3.44 miles
Public District Grades KG-5
Nearby Schools
4
/10
E. Lawson Brown Middle School
1140 Kendall Mill Rd
Distance between this listing and this school5.44 miles
Public District Grades 6-8
5
/10
Central Davidson Middle School
2591 NC Highway 47
Distance between this listing and this school6.06 miles
Public District Grades 6-8
1
/10
South Davidson Middle School
14954 S NC Highway 109
Distance between this listing and this school6.84 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 school4.89 miles
Public District Grades 9-12
2
/10
Davidson County High School
2061 E Holly Grove Rd
Distance between this listing and this school4.89 miles
Public District Grades 9-12
7
/10
East Davidson High School
1408 Lake Rd
Distance between this listing and this school5.59 miles
The neighbors living near this home have an average income of $47,035. Residents of Lexington, NC typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 943 New Cut Rd
What is the listing price of this property?
The listing price of 943 New Cut Rd property is $350,000.
What type of property is this?
The property 943 New Cut Rd is land located in Lexington, North Carolina, 27292.
Is this property for sale now?
Active Listing: 943 New Cut 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 2021 is $704 (source: MLS/based on county public records data).
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 943 New Cut Rd in Lexington, NC and zip code 27292. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $350,000.
While more than 16 listings in Lexington, NC in November 2024 were sold above asking price, there were more than 29 listings sold at asking price, and more than 53 were sold below. The number of homes for sale in Lexington, NC decreased by 6.1% between October 2024 and November 2024. In November 2024 median list price was $290,192 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Pro Wrestling
NASCAR
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Ram
Dodge
GMC
Classic Country
New Country