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$206,000

Lexington, NC 27295
Listed by Steven Chang · Horizon Realty Carolinas
Bedrooms
3
Bathrooms
2
Living area
1,982 sqft
Year built
1915

About this home

Investor & Builder Alert — Nearly 1 Acre with Endless Potential! Bring your vision (and your tool belt) to this .91-acre property, offering rare space and flexibility in a market where lots like this don't come around often. The existing home is set up as 3 separate living spaces within the current 3 bed/2 bath footprint — a layout that could appeal to multi-generational living, rental income, or a future redevelopment play, subject to buyer's due diligence on zoning use. The home needs significant work, including major systems (roof, HVAC, plumbing, and/or electrical), and is priced/positioned accordingly — this is a true opportunity for a renovator, contractor, or investor ready to put in the work and unlock the value of the land and location. Being sold strictly as-is. Don't miss this chance to secure almost a full acre of RA3 land with multiple possibilities. Cash or rehab-loan buyers encouraged — schedule your showing today!

Highlights

Fireplace

Property details

MLS #
CAR4394718
Property type
Single Family Residence
Subdivision
Lexington
Status
Active
Days on market
19
On market date
June 18, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
4
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Pickett Elementary School
2.04 mi away · Grades 0-5
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
374
Student:teacher ratio
15.0:1
District
Lexington City Schools
Middle
Lexington Middle School
1.01 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
1.16 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

23
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Nearby-amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

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Est. monthly payment
$1,391/mo
$41,200 down
$164,800 loan
Principal & interest$1,069
Property tax (est.)$172
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 7, 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.