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$198,000

Listing Price

2beds

1baths

1,092sqft

20,038sqft lot

521 Locust Rd, Hillsborough, NC 27278

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

181.32

Price / sqft

1982

Year built

Home Details

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!

Interior Details

Square Feet
  • 1092

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Electric

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 20038

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Brick/stone (brick And/or Stone)

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,103

$15,000

$84,900

--%

$99,900

2019

$1,100

$15,000

$84,900

--%

$99,900

2018

$1,072

$15,000

$84,900

--%

$99,900

2017

$1,056

$15,000

$84,900

--%

$99,900

2015

$745

$14,193

$52,208

--%

$66,401

2013

$705

$14,193

$52,208

--%

$66,401

2013

$705

$14,193

$52,208

--%

$66,401

2012

$653

$14,193

$52,208

--%

$66,401

percent-home-icon

Average Home Price in 27278

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$270,000

2 Beds

1.5 Baths

1,010 Sqft

15,682 Lot (sqft)

Sold 10/26/2026

$225,175

3 Beds

1.5 Baths

1,032 Sqft

14,810 Lot (sqft)

Sold 10/27/2026

$259,900

3 Beds

1 Baths

1,026 Sqft

33,977 Lot (sqft)

Sold 10/26/2026

$187,900

3 Beds

1 Baths

1,026 Sqft

16,988 Lot (sqft)

Sold 10/26/2026

$198,000

2 Beds

1 Baths

1,092 Sqft

20,038 Lot (sqft)

Sold 10/26/2026

$238,003

3 Beds

1 Baths

988 Sqft

27,878 Lot (sqft)

Sold 10/26/2026

$254,800

3 Beds

1 Baths

988 Sqft

27,443 Lot (sqft)

Sold 09/29/2026

$249,900

3 Beds

1 Baths

988 Sqft

22,651 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
198,000
$
Down payment
39,600
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,188
$
HOA (Monthly)
0
$
PMI
0
$
$1,282
Your Payment
Total Monthly Payment:$1,282
Percent of Income:22%
Affordable:Yes

Details for 521 LOCUST RD

Property Debt

Foreclosure Contact Details