155 Laxton Rd Lynchburg, VA 24502
Timberlake AreaEstimated payment $1,766/month
Total Views
215,238
3
Beds
3
Baths
2,599
Sq Ft
$115
Price per Sq Ft
Highlights
- Wood Flooring
- Fireplace
- Walk-In Closet
- Den
- Paneling
- 2-minute walk to Kids Cove
About This Home
Versatile property in the heart of Lynchburg! Situated on a high-visibility thoroughfare near the Lowe's intersection and directly across from Brookville High School, this unique parcel offers prime commercial potential with unbeatable convenience. The front structure has been converted from a residential home into a functional office spaceideal for a small business, professional services, or creative studio. Behind it, a separate 2-bedroom, 1-bath home sits on the same lot, offering on-site living or rental income opportunities. Whether you're looking for a live-work setup, dual investment, or a headquarters with built-in housing, the options are wide open. With strong traffic flow, excellent visibility, and residential flexibility, this property is packed with potential. Don't miss your chance to invest in one of Lynchburg's most strategic locations.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,328
Year Built
- Built in 1972
Lot Details
- 27,007 Sq Ft Lot
- Property is zoned BGCC
Parking
- Off-Street Parking
Home Design
- Shingle Roof
Interior Spaces
- 2,599 Sq Ft Home
- 1-Story Property
- Paneling
- Ceiling Fan
- Fireplace
- Den
- Interior Basement Entry
- Attic Access Panel
- Electric Range
- Laundry on main level
Flooring
- Wood
- Parquet
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub Includes Tile Surround
Schools
- Tomahawk Elementary School
- Brookville Midl Middle School
- Brookville High School
Utilities
- Heat Pump System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 001176300
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,328 | $295,100 | $86,000 | $209,100 |
| 2025 | $1,328 | $295,100 | $86,000 | $209,100 |
| 2024 | $1,328 | $295,100 | $86,000 | $209,100 |
| 2023 | $1,328 | $295,100 | $86,000 | $209,100 |
| 2022 | $1,113 | $214,000 | $71,400 | $142,600 |
| 2021 | $1,113 | $214,000 | $71,400 | $142,600 |
| 2019 | $1,113 | $214,000 | $71,400 | $142,600 |
| 2018 | $863 | $166,000 | $71,400 | $94,600 |
| 2017 | $863 | $166,000 | $71,400 | $94,600 |
| 2016 | $863 | $166,000 | $71,400 | $94,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2026 06/12/26 | Price Changed | $300,000 | -40.0% | $115 / Sq Ft |
| 04/02/2026 04/02/26 | Price Changed | $499,999 | -16.7% | $192 / Sq Ft |
| 01/05/2026 01/05/26 | Price Changed | $599,900 | -7.7% | $231 / Sq Ft |
| 12/11/2025 12/11/25 | Price Changed | $649,900 | -7.1% | $250 / Sq Ft |
| 11/21/2025 11/21/25 | For Sale | $699,900 | -- | $269 / Sq Ft |
Source: Lynchburg Association of REALTORS®
About the Listing Agent
With 21 years in real estate and 1,304 properties closed totaling $343 million in career sales volume, Teresa leads with heart and treats every client like family. She began her career in 2005, founded The Realty Group in 2007 as a boutique brokerage, then launched the Lynchburg franchise of Keller Williams Realty in 2012, expanding offices throughout Greater Lynchburg, Amherst, Danville, Smith Mountain Lake, and Roanoke. In 2022, after growing KW to the number one brokerage in the market, she
Teresa's Other Listings
Source: Lynchburg Association of REALTORS®
MLS Number: 363239
APN: 012F-05000-00E-0
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