Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 2 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 3 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 4 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 5 of 18
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Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 7 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 8 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 9 of 18
Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 10 of 18
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Single Family Residence at 403 Meredith Avenue, Lexington NC 27292, Lexington, photo 18 of 18
18 photos

$249,000

403 Meredith Avenue, Lexington NC 27292
Lexington, NC 27292
Listed by Jackie Helton
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime 5.75 acre development opportunity! Environmental site assessment, feasibility analysis and water delineation are already complete, making it an ideal candidate for single family and multi-family (apartments, townhomes, condos) development. Feasibility plan lists development considerations as up to 50 townhomes or 80 (2-story) apartments. Perfectly situated in a growing area. Whether you are an experienced developer or looking for your next investment project, this property presents a rare opportunity to move forward with clarity and vision. Access to city water and sewer.

Property details

MLS #
1219484
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
145
On market date
May 13, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
5.75 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Charles England Elementary School
1.35 mi away · Grades 1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
339
Student:teacher ratio
14.1:1
District
Lexington City Schools
Middle
Lexington Middle School
2.06 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
720
Student:teacher ratio
16.7:1
District
Lexington City Schools
High
Lexington Senior High School
2 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
856
Student:teacher ratio
15.0:1
District
Lexington City Schools

Walkability

Blended score for Lexington'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.

42
Somewhat walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable

Mortgage calculator

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Est. monthly payment
$1,650/mo
$49,800 down
$199,200 loan
Principal & interest$1,292
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by Triad 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.