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$1,300,000

1678 Stone Street Extension, Mebane NC 27302
Mebane, NC 27302
Listed by Jamie Purvis
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1940

About this home

Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!

Property details

MLS #
1227117
Property type
Remarks
Subdivision
N/A
Status
Active
Days on market
87
On market date
July 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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
Haw River Elementary
1.13 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
465
Student:teacher ratio
14.5:1
District
Alamance-Burlington Schools
Middle
Woodlawn Middle
2.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
577
Student:teacher ratio
18.6:1
District
Alamance-Burlington Schools
High
ABSS Early College at ACC
2.03 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
216
Student:teacher ratio
27.0:1
District
Alamance-Burlington Schools

Walkability

Blended score for Mebane'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).

36
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
35 / 100
Restaurants & cafes6
Grocery stores0
Parks0
Schools2
Transit stops4
Pharmacies0

Market position

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

On the market 87 days -- 32 fewer days than Mebane's current average of 119 days.
For reference, the median list price across 375 active listings in Mebane right now is $388,970.

Mortgage calculator

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated July 20, 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.