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Pending
  • $42,000

    121 Mustang Drive, Louisburg, NC 27549

    --beds
    0baths
    0.36Acres
    Land
    Built in ----
    0.36 Acres Lot
    $-- Zestimate®
    $--/sqft
    $99/mo HOA

    What's special

    Located on a corner lot inside the gated community of Lake Royale in Louisburg, this .36-acre property offers a great opportunity to enjoy both privacy and access to a variety of neighborhood amenities. With septic already on site and water connected, the lot is ready for flexible use while providing added convenience. A wired storage building offers functional space for tools, hobbies, or workshop needs, making it easy to store equipment or create a dedicated project area. As part of the Lake Royale community, residents enjoy access to a wide range of recreational amenities including basketball courts, tennis courts, a volleyball court, beach access along the lake, park areas, and a community laundry center, creating an environment designed for both relaxation and outdoor activity. The corner lot setting provides additional openness and visibility while still maintaining the security and sense of community that comes with gated living in Lake Royale.
    45 days
    |
    14
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Walters Real Estate Team 252-360-1130,

    EXP Realty LLC - C,

    Jamie Smith 252-205-9500,

    eXp Realty LLC

    Source: Hive MLS,MLS#: 100558381MLS LogoOriginating MLS: Rocky Mount Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 0.36 Acres
      • Features: Corner Lot
      • Topography: Cleared/Partial
      Details
      • Additional structures: Shed(s)
      • Parcel number: 022652
      • Zoning: FCO R-30
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Subdivision: Lake Royale
      HOA
      • Has HOA: Yes
      • Amenities included: Waterfront Community, Basketball Court, Clubhouse, Coin Laundry, Gated, Golf Course, Laundry, Maintenance Common Areas, Park, Picnic Area, Playground, Racquetball, Shuffleboard Court, Trail(s), Pool
      • HOA fee: $1,193 annually
      • HOA name: Lake Royale Property Owners Association
      • HOA phone: 252-478-4121
      Location
      • Region: Louisburg

      Financial & listing details

      • Tax assessed value: $23,140
      • Annual tax amount: $241
      • Date on market: 3/5/2026
      • Cumulative days on market: 45 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,201/mo

        Price history

        DateEventPrice
        3/12/2026Pending sale$42,000
        Source: eXp Realty #100558381 Report a problem
        3/5/2026Price change$42,000-90%
        Source: eXp Realty #100558381 Report a problem
        3/5/2026Price change$420,000+900%
        Source: Doorify MLS #10150727 Report a problem
        3/5/2026Listed for sale$42,000
        Source: Hive MLS #100558381 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$132 +1.8%$23,140
        2024$130 +62.6%$23,140 +149.6%
        2023$80 $9,270
        2022$80 -55.9%--
        2021$181 -0.5%--
        2020$182 +124.9%--
        2019$81 -13.9%$9,270
        2018$94 $9,270 -2.4%
        2017$94 $9,500
        2016$94 $9,500
        2015$94 $9,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27549

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edward Best
        • Middle: Bunn
        • High: Bunn

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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