Unlock incredible long-term wealth potential with this outstanding value-add acquisition at 524 Tuliptree Road. Positioned on an expansive, quiet 0.39-acre lot, this 1,026-square-foot ranch serves as the perfect low-barrier baseline for a highly profitable BRRRR strategy in Orange County. The classic front brick facade provides excellent curb appeal, while the low-maintenance vinyl siding ensures easy future upkeep for your property management team. Built on a solid slab foundation, the single-story 3-bedroom layout is highly optimized for a straightforward, efficient rehab that allows you to force substantial immediate equity. Capitalize on the robust rental demand and tight entry-level inventory in the Hillsborough market. Bring your contractor, execute the updates, and add a reliable cash-flow generator to your rental portfolio today!
For sale
Price cut: $1K (7/22)
$188,900
524 Tuliptree Rd, Hillsborough, NC 27278
3beds
1,026sqft
Single Family Residence
Built in 1983
0.39 Acres Lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Excellent curb appealClassic front brick facadeLow-maintenance vinyl siding
- 97 days
- 911
- 34
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#: 10174956
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Free-Standing Electric Oven, Water Heater
Features
- Flooring: Carpet, Linoleum, Vinyl
Interior area
- Total structure area: 1,026
- Total interior livable area: 1,026 sqft
- Finished area above ground: 1,026
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.39 Acres
Details
- Parcel number: 9865647671
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
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: $184/sqft
- Tax assessed value: $180,200
- Annual tax amount: $1,515
- Date on market: 6/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,544/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $188,900-0.5%$184/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $189,900$185/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,454 +30% | $180,200 +79.7% |
| 2024 | $1,119 +3.1% | $100,300 |
| 2023 | $1,085 +1.3% | $100,300 |
| 2022 | $1,071 +1.2% | $100,300 |
| 2021 | $1,058 +4.5% | $100,300 +10.8% |
| 2020 | $1,013 | $90,500 |
| 2018 | $1,013 +2.9% | $90,500 |
| 2017 | $984 +41.9% | $90,500 +48.4% |
| 2016 | $694 | $60,999 |
| 2015 | $694 +3.9% | $60,999 |
| 2014 | $667 | $60,999 |
| 2013 | -- | $60,999 |
| 2012 | -- | $60,999 -15% |
| 2011 | -- | $71,764 |
| 2010 | -- | $71,764 |
| 2009 | -- | $71,764 +22.6% |
| 2008 | $589 +4.9% | $58,528 |
| 2007 | $561 +6.7% | $58,528 |
| 2006 | $526 | $58,528 |
| 2005 | $526 +5.8% | $58,528 +9.6% |
| 2004 | $497 +3.9% | $53,407 |
| 2003 | $479 +2.3% | $53,407 |
| 2002 | $468 +2.9% | $53,407 |
| 2001 | $455 +7.1% | $53,407 +22.6% |
| 2000 | $424 | $43,577 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27278
Nearby schools
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.






