Maximize your investment potential with this outstanding value-add opportunity at 521 Locust Road. Finding a 4-bedroom brick ranch at this price point in Hillsborough is rare. Offering 1,092 square feet of interior space, this property is a true diamond-in-the-rough, giving seasoned flippers or portfolio builders the ultimate freedom to configure a highly profitable layout. The property sits on a premium 0.46-acre lot, providing a massive backyard with endless possibilities. Whether your strategy is a high-yield rental or a retail flip, the 4-bedroom configuration gives you a distinct market advantage. Located in a high-demand pocket of Hillsborough with quick access to everything the area has to offer. Bring your contractor and unlock the massive upside today!
For sale
$200,000
521 Locust Rd, Hillsborough, NC 27278
4beds
1,092sqft
Single Family Residence, Residential
Built in 1982
0.46 Acres Lot
$249,000 Zestimate®
$183/sqft
$-- HOA
What's special
Massive backyard
- 15 hours |
- 181 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Johnny Chappell 919-737-2247,
Compass -- Raleigh,
Billy Hoffman 919-360-9218,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10174950
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
- Finished area above ground: 1,092
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.46 Acres
Details
- Parcel number: 9865657530
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Highland Woods
HOA
- Has HOA: No
Location
- Region: Hillsborough
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $198,000
- Annual tax amount: $1,651
- Date on market: 6/18/2026
Estimated market value
$249,000
$222,000 - $276,000
$1,577/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $200,000$183/sqft |
Source:  Doorify MLS #10174950 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,584 +31.2% | $198,000 +81% |
| 2024 | $1,208 +3.2% | $109,400 |
| 2023 | $1,171 +1.3% | $109,400 |
| 2022 | $1,155 +1.2% | $109,400 |
| 2021 | $1,141 +3.4% | $109,400 +9.5% |
| 2020 | $1,104 | $99,900 |
| 2018 | $1,104 +2.9% | $99,900 |
| 2017 | $1,073 +43.9% | $99,900 +50.4% |
| 2016 | $746 | $66,401 |
| 2015 | $746 +3.7% | $66,401 |
| 2014 | $719 | $66,401 |
| 2013 | -- | $66,401 |
| 2012 | -- | $66,401 -15% |
| 2011 | -- | $78,120 |
| 2010 | -- | $78,120 |
| 2009 | -- | $78,120 +21.2% |
| 2008 | $648 +4.9% | $64,436 |
| 2007 | $618 +6.7% | $64,436 |
| 2006 | $579 | $64,436 |
| 2005 | $579 +5.6% | $64,436 +9.4% |
| 2004 | $548 +3.9% | $58,898 |
| 2003 | $528 +2.3% | $58,898 |
| 2002 | $516 +2.9% | $58,898 |
| 2001 | $501 +1.7% | $58,898 +16.4% |
| 2000 | $493 | $50,595 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27278
Nearby schools
GreatSchools rating
- 7/10Pathways ElementaryGrades: PK-5Distance: 0.8 mi
- 5/10Orange Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Orange HighGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Orange - Pathways Elementary
- Middle: Orange - Orange Middle
- High: Orange - Orange High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Orange County
- Hillsborough
- 27278
- 521 Locust Rd
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