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$275,000

246 Fallingleaf Drive, Raeford, NC 28376
Raeford, NC 28376
Listed by TIFFANY BIELLI · EMPIRE REALTY AND DESIGN, LLC.
Bedrooms
3
Bathrooms
2.1
Living area
N/A
Year built
2005

About this home

Investor Special! This property is currently tenant-occupied, making it an excellent turnkey investment opportunity with immediate rental income. The home is being sold subject to the existing lease, which remains in effect through July 2027, allowing the new owner to enjoy consistent cash flow from day one. Whether you're looking to expand your investment portfolio or secure a future primary residence, this property offers both stability and long-term potential.Well maintained home located in a desirable neighborhood just minutes from Fort Bragg (Chicken Gate). Enjoy convenient access to hospitals, schools, shopping, and dining while still benefiting from no city taxes.This beautiful two-story home features 3 bedrooms plus a large bonus room, offering flexible space for a home office, playroom, or guest area. The spacious primary suite is located on the main floor, providing comfort and privacy, while the two additional bedrooms and oversized bonus room are upstairs.

Highlights

Fireplace

Property details

MLS #
LP760301
Property type
Single Family Residence
Subdivision
Somerset
Status
Active
Days on market
84
On market date
June 3, 2026
Stories
N/A
Garage spaces
2
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Don D Steed Elementary
4.44 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
628
Student:teacher ratio
13.1:1
District
Hoke County Schools
Middle
East Hoke Middle
3.03 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
778
Student:teacher ratio
16.2:1
District
Hoke County Schools
High
Hoke County High
7.08 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,988
Student:teacher ratio
15.9:1
District
Hoke County Schools

Mortgage calculator

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Est. monthly payment
$1,806/mo
$55,000 down
$220,000 loan
Principal & interest$1,427
Property tax (est.)$229
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 7 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.