IMG_3297 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3298 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
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IMG_3304 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
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ChatGPT Image Sep 10, 2026, 02_51_46 PM - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
ChatGPT Image Sep 10, 2026, 02_52_35 PM - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
ChatGPT Image Sep 10, 2026, 03_08_28 PM - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
18 photos

$199,000

521 Locust Road, Hillsborough, NC 27278
Hillsborough, NC 27278
Listed by Johnny Chappell · Compass -- Raleigh
Bedrooms
4
Bathrooms
1
Living area
N/A
Year built
1982

About this home

Scale your portfolio with this outstanding value-add acquisition at 521 Locust Road. Finding a low-maintenance, four-sided brick ranch at this price point in Orange County is a rarity, making it the ideal candidate for a high-performing BRRRR strategy. Offering 1,092 square feet of interior space on a premium 0.46-acre lot, this property gives you the perfect foundation to execute a rehab and force significant immediate equity. The rare 4-bedroom configuration commands a distinct rental premium and ensures robust, long-term tenant demand in the tight Hillsborough market. Furthermore, the durable brick exterior translates to excellent long-term asset preservation and minimal maintenance overhead for your property management team. Bring your contractor, tap into a high-demand pocket of Hillsborough, and unlock a high-yield cash-flow generator today!

Property details

MLS
Doorify MLS
MLS #
10174950
Property type
Single Family Residence
Subdivision
Highland Woods
Status
Active
Days on market
118
On market date
June 18, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Hillsborough Elementary
1.39 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
422
Student:teacher ratio
13.6:1
District
Orange County Schools
Middle
Orange Middle
1.21 mi away · Grades 6-8
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
520
Student:teacher ratio
13.7:1
District
Orange County Schools
High
Orange High
1.1 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,346
Student:teacher ratio
17.0:1
District
Orange County Schools

Walkability

Blended score for Hillsborough's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

17
Very car-dependent
out of 100
EPA National Walkability Index
5.0 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Hillsborough, from live MLS data.

On the market 118 days -- 19 fewer days than Hillsborough's current average of 137 days.
For reference, the median list price across 167 active listings in Hillsborough right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,348/mo
$39,800 down
$159,200 loan
Principal & interest$1,033
Property tax (est.)$166
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 10, 2026.

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.