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$85,900

Listing Price

3beds

1baths

1,179sqft

4,792sqft lot

1300 Railroad St, Henderson, NC 27536

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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

64.73

Price / sqft

1950

Year built

Home Details

Huge Price Reduction! Now $85,900 with a 6.4% Cap Rate! Outstanding investment opportunity in Henderson! This 3 Bedroom, 1 Bath home has been tenant-occupied since 2010, offering over a decade of consistent rental history and proven cash flow. With the price reduced from $129,900 to just $85,900, the property now achieves a 6.4% cap rate, making it an attractive option for investors seeking steady returns at an affordable entry point. Currently generating $595/month on a month-to-month lease, this home provides immediate income with the flexibility to adjust rents or pursue value-add improvements to unlock additional upside. Offering 1,179 sq. ft. of living space, the property balances affordability with long-term potential, making it well-suited for both new and experienced investors. With reliable tenancy, strong rental demand, and a significantly improved cap rate at the new price, this property represents one of the best value opportunities in today's market. Contact Jessica today for additional financials and showing availability.

Interior Details

Square Feet
  • 1179

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Space

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

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
  • 4792

Water
  • No

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
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$316

$2,337

$18,017

--%

$20,354

2019

$311

$2,337

$18,017

--%

$20,354

2018

$306

$2,337

$18,017

--%

$20,354

2017

$295

$2,337

$18,017

--%

$20,354

2016

$295

$2,337

$18,017

--%

$20,354

percent-home-icon

Average Home Price in 27536

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$138,900

3 Beds

2 Baths

1,056 Sqft

8,189 Lot (sqft)

Sold 09/17/2026

$189,900

3 Beds

2 Baths

1,338 Sqft

21,780 Lot (sqft)

Sold 10/13/2026

$130,004

3 Beds

1 Baths

1,176 Sqft

12,197 Lot (sqft)

Sold 10/13/2026

$85,900

3 Beds

1 Baths

1,179 Sqft

4,792 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
85,900
$
Down payment
17,180
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
515.4
$
HOA (Monthly)
0
$
PMI
0
$
$556
Your Payment
Total Monthly Payment:$556
Percent of Income:10%
Affordable:Yes

Details for 1300 RAILROAD ST

Property Debt

Foreclosure Contact Details