101 Bay Meadow Ct Lexington, NC 27292
Property details
About 101 Bay Meadow Ct
Investor alert—12-unit brick complex in fast-growing Lexington! 101-123 Bay Meadow Ct offers two matching 2-story buildings on a quiet cul-de-sac: six ground-floor and six upper 1 BR/1 BA flats, each with living room and in-unit laundry. Most boast fresh flooring, paint, updated baths & kitchens; three are leasing now to hit 100 % occupancy. Avg rents $825 + with upside toward $900, for ˜ $120K/yr gross. Separate electric & water meters keep costs down—owner only covers trash & landscaping. Listed $850K = ±8.5 % pro-forma cap with value-add left. Durable brick, vinyl windows, low-care grounds. Quick access to I-85, Toyota Megasite & booming job hubs means strong tenant pool. DO NOT DISTURB RESIDENTS. Agents—see Agent-Only Remarks for showings, rent roll & T-12.
Highlights
Summary
- Appliances: Electric Water Heater
- Flooring Type: Carpet, Vinyl
- Attached Garage: No
- Parking: Paved, No Garage
- Architectural Style: Two Story
- Heating: Heat Pump, Electric
- Cooling: Central Air
- List Price: $850,000
- Annual Tax Amount: $5,223
- Tax Year: 2024
- Lot: Dead End Street
- Directions: Both Brick Buildings are this Apartment.
- Year Built: 1986
- Lot Size: 1.87 Acres
- MLS Number: 1185606
- MLS Name: Triad MLS
- Office Name: Real Broker LLC
- Office Phone: (678) 634-2169
- Listing Agent: Landon Stone
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Last updated on: 6/27/2025, 2:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
101 Bay Meadow Ct
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 14, 2022 | Home Sold | $650,000 |
| Aug 31, 2020 | Home Sold | $400,000 |
| Aug 24, 2018 | Home Sold | $335,000 |
| Sep 01, 2016 | Home Sold | $375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $401,790 | $5,223 |
| 2023 | $401,790 | $5,263 |
| 2022 | $401,790 | $5,263 |
| 2021 | $401,790 | $5,223 |
| 2020 | $305,610 | $3,943 |
| 2019 | $305,610 | $4,003 |
| 2018 | $305,610 | $4,003 |
| 2017 | $305,610 | $4,003 |
History based on county public records data.
Nearby schools
5
Southwest Elementary School
Public District 1-5
1.3 mi
•434 Central Ave
6
Charles England Elementary School
Public District 1-5
2.2 mi
•111 Cornelia St
6
Tyro Elementary School
Public District KG-5
2.8 mi
•450 Cow Palace Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,632. The most common annual income of people living in Lexington, NC is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
New Country
Frequently asked questions
About 101 Bay Meadow Ct
The listing price of 101 Bay Meadow Ct property is $850,000.
The property 101 Bay Meadow Ct is a condo located in Lexington, North Carolina, 27292.
Active Listing: 101 Bay Meadow Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 101 Bay Meadow Ct are: Southwest Elementary School (GreatSchools Rating 5/10), Charles England Elementary School (GreatSchools Rating 6/10), Tyro Elementary School (GreatSchools Rating 6/10), Lexington Middle School (GreatSchools Rating 3/10), Central Davidson Middle School (GreatSchools Rating 3/10), Tyro Middle School (GreatSchools Rating 7/10), Lexington Senior High School (GreatSchools Rating 4/10), Yadkin Valley Regional Career Academy (GreatSchools Rating 7/10), Davidson County High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $5,223 (source: MLS/based on county public records data).
The last sale was on December 14, 2022 for $650,000 (source: MLS/tax record).
The property at 101 Bay Meadow Ct has 0 bathroom.
The sq. ft. of 101 Bay Meadow Ct is not available (source: MLS/tax record).
The year of construction for 101 Bay Meadow Ct is 1986.
This home is located at 101 Bay Meadow Ct in Lexington, NC and zip code 27292. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $850,000.
In May 2025, from all listings sold in Lexington, NC there were more than 22 sold above asking price, over 45 sold below and more than 44 were sold right at the asked price. Between April and May 2025, Lexington, NC real estate market has seen increase in the number of listings by 1.7%. In May 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $295,688.