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36 photos

$200,000

111-113 Red Oak Drive, Louisburg, NC 27549
Louisburg, NC 27549
Listed by Jim Allen · Coldwell Banker HPW
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
2024

About this home

Double lot in Lake Royale's gated lake community, offering a low-maintenance tiny home suitable for full-time living, weekend use, or an affordable second home near the water. Approx. 349 sq ft total, with 224 sq ft on the main level and 125 sq ft of combined loft space. Interior includes shiplap walls, tongue and groove ceiling, and luxury vinyl plank flooring. Kitchen features quartz countertops, custom cabinetry, stainless workstation sink, full-size appliances, electric range with vent hood, pantry cubbies, and washer/dryer hookup. Bathroom offers residential shower, quartz vanity, and custom cabinetry. Primaryloft includes built-in closet. Mini-split system for efficient heating and cooling. Built on a ''Trailer Made'' trailer with 50-amp service, 17 windows, cedar siding,cedar shake accents, and metal roof. Property includes a 12x24 climate-controlled shed, 8x24 covered storage, two driveways, and septic system. Turnkey with lot available or Tiny Home alone available for $110,000. Community amenities include boating, fishing, swimming, pool, clubhouse, and recreation areas.

Highlights

New construction

Property details

MLS
Doorify MLS
MLS #
10194352
Property type
Single Family Residence
Subdivision
Lake Royale
Status
Active
Days on market
25
On market date
September 23, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
4
Lot size
0.28 acres
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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
Edward Best Elementary
7.44 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
473
Student:teacher ratio
13.9:1
District
Franklin County Schools
Middle
Bunn Middle
3.33 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
586
Student:teacher ratio
16.3:1
District
Franklin County Schools
High
Bunn High
3.44 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
844
Student:teacher ratio
17.6:1
District
Franklin County Schools

Walkability

Blended score for Louisburg'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

30
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable

Market position

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

On the market 25 days -- 112 fewer days than Louisburg's current average of 137 days.
For reference, the median list price across 281 active listings in Louisburg right now is $244,900.

Mortgage calculator

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

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Est. monthly payment
$1,354/mo
$40,000 down
$160,000 loan
Principal & interest$1,038
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 25 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.