$309,900

309 Hillcrest Dr Lexington, NC 27292

Estimated payment $1,942/month

Total Views 1,457
4 Beds
3 Baths
3,713 Sq Ft
$83 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Forced Air Heating and Cooling System
  • 5 Fireplaces
  • Porch
  • 5-minute walk to Grimes Park

About This Home

Rare Fix & Flip in Lexington’s Historic District! Hard-to-find opportunity in one of Lexington’s most appealing neighbourhoods. Recent sales nearby have gone under contract in just one day—and this property has all the right ingredients for a profitable project. All-brick home with solid bones + newer HVAC, Huge basement offering storage or future expansion potential, Spacious bonus room (formerly a dance studio) with endless possibilities, Manageable updates: exterior fascia, windows, and cosmetic finishes, Private backyard with potential for outdoor living, Historic charm, prime location, and strong buyer demand make this a standout investment. Don’t miss it!

Listing Agent

Alejandro Grundseth

Alemay Realty Inc. License #236820 Listed on: 08/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1926

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 39 x 39 x 176 x 61 x 26 x 176
  • Property is zoned TN

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,713 Sq Ft Home
  • Property has 1 Level
  • 5 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 11051000D0005000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,079

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 39 x 39 x 176 x 61 x 26 x 176
  • Subdivision Name: None
  • Directions: 2779-2425 Old U.S. Hwy 52, Lexington, NC 27295, Head south on NC-8 S, Continue straight onto Salem St. Turn right onto Hillcrest Dr. Destination will be on the left, 309 Hillcrest Dr, Lexington, NC 27292
  • Above Grade Finished Sq Ft: 3713
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1926
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: See Remarks
  • Fireplaces: 5
  • Living Area: 3713
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11051000D0005000
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 939090.9091
  • TRIADMLS_DeedPage: 1499
  • TRIADMLS_DeedBook: 2715

Tax Info

  • Tax Annual Amount: 3079
  • Tax Lot: 5
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 1.29

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2024 $3,079 $236,860 $0 $0
2023 $3,079 $236,860 $0 $0
2022 $3,079 $236,860 $0 $0
2021 $3,079 $236,860 $0 $0
2020 $1,927 $149,320 $0 $0
2019 $1,956 $149,320 $0 $0
2018 $1,956 $149,320 $0 $0
2017 $1,956 $149,320 $0 $0
2016 $1,956 $149,320 $0 $0
2015 $1,881 $149,320 $0 $0
2014 $1,917 $152,160 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $309,900 -- $83 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 --
Warranty Deed -- --
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,972 Unknown
Source: Public Records

About the Listing Agent

Alejandro Grundseth
Alejandro Grundseth

Alemay Realty Inc.

(336) 818-5153

Section Image

Alejandro Grundseth, esteemed as "The People’s Real Estate Agent," represents a standard of excellence in real estate that resonates deeply within the Triad area of North Carolina. His unique ability to guide clients, whether they're seasoned investors or first-time traders in fix-and-flip ventures, has distinguished him as a trusted expert and advisor. Alejandro transcends the typical role of an agent; he's an enabler of dreams, helping individuals achieve their goal of homeownership or

View Alejandro's Profile

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Source: Triad MLS

MLS Number: 1193273

Triad MLS

APN: 11-051-0-00D-0005-0-0-0

North Carolina Davidson County Lexington 27292

309 Hillcrest Dr, Lexington, NC

This home is located at 309 Hillcrest Dr, Lexington, NC 27292 and is currently priced at $309,900, approximately $83 per square foot. This property was built in 1926. 309 Hillcrest Dr is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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Alejandro Grundseth
Alejandro Grundseth
Listing Agent Section Image
Alemay Realty Inc.
(336) 818-5153