IMG_3297 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3298 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3299 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3300 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3301 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3305 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3302 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3304 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3306 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3307 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3308 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3309 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3310 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3311 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
IMG_3312 - 521 Locust Road, Hillsborough, NC 27278, Hillsborough
15 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 #
10174950
Property type
Single Family Residence
Subdivision
Highland Woods
Status
Active
Days on market
71
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
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Nearby schools

Within 10 miles · public school directory data (NCES)

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

Mortgage calculator

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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 14 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.