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$130,000

611 Panama Ter Durham, NC 27713

0.3 acres
Land

Property details

About 611 Panama Ter

Steps from the American Tobacco Trail and minutes to everything, welcome to 611 Panama Terrace. This is a rare opportunity to own unimproved land in one of Durham's most accessible and desirable locations. Tucked into a quiet residential pocket, this lot offers a blank canvas for your dream home or next investment project. Enjoy being just around the corner from The Streets at Southpoint Mall, with top-tier shopping, dining, and entertainment. With easy access to I-40, NC-147, and I-85, commuting is seamless, whether you're headed to Downtown Durham, RTP, or Chapel Hill. This property offers the perfect balance: the charm of neighborhood living with the benefit of nearby urban convenience. City water and sewer access available. Whether you're building for personal use or capitalizing on Durham's fast-growing real estate market, this lot delivers location, flexibility, and long-term value.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.34 Acres
MLS #10108060

Summary

  • List Price: $130,000
  • Annual Tax Amount: $59
  • Tax Year: 2024
  • Directions: Begin by taking Interstate 40 West toward Durham. After about 3 miles, take Exit 276 for Fayetteville Road (NC 54). Turn right onto Fayetteville Road and follow it for approximately 2 miles. Turn left onto Juliette Drive, and then make a right onto South Roxboro Street. Continue for about 1 mile along South Roxboro, then turn left onto Pearson Drive. Take the first left onto Panama Terrace, you'll find 611 Panama Terrace on the left.
  • Lot Size: 0.34 Acres
  • MLS Number: 10108060
  • MLS Name: Doorify MLS
  • Office Name: Keller Williams Elite Realty
  • Office Phone: (984) 244-5830
  • Office Email: thobbs1234@gmail.com
  • Listing Agent: Davida Hamilton Major

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$4,300$59
2023$4,300$56
2022$4,300$55
2021$4,300$54
2020$4,300$53
2019$4,300$53
2018$4,032$54
2017$4,032$54

History based on county public records data.

Nearby schools

7

Pearsontown Elementary School

Public Magnet PK-5

0.4 mi

4915 Barbee Rd

5

Southwest Elementary School

Public District KG-5

0.8 mi

2320 Cook Rd

6

W G Pearson Elementary School

Public Magnet PK-5

1.6 mi

3501 Fayetteville St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,875. Typical income of Durham, NC residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
53%
35k-100k
27%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • TennisTennis
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • IKEAIKEA
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • InfinitiInfiniti
  • JeepJeep
  • VolvoVolvo

What do the neighbors listen to?

  • Active RockActive Rock
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 611 Panama Ter

The listing price of 611 Panama Ter property is $130,000.

The property 611 Panama Ter is land located in Durham, North Carolina, 27713.

Active Listing: 611 Panama Ter is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 611 Panama Ter are: Pearsontown Elementary School (GreatSchools Rating 7/10), Southwest Elementary School (GreatSchools Rating 5/10), W G Pearson Elementary School (GreatSchools Rating 6/10), Shepard Middle School (GreatSchools Rating 8/10), Lowe's Grove Middle School (GreatSchools Rating 3/10), Rogers-Herr Middle School (GreatSchools Rating 8/10), Hillside New Tech High School (GreatSchools Rating 8/10), Hillside High School (GreatSchools Rating 5/10), North Carolina Cyber Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $59 (source: MLS/based on county public records data).

The property 611 Panama Ter is 0.34 acres.

This home is located at 611 Panama Ter in Durham, NC and zip code 27713 in the Hope Valley Farms neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $130,000.

In June 2025 more than 87 listings in Durham, NC were sold above the asking price. During the same period more than 80 listings were sold at asking price, while more than 173 were sold below. Between May and June 2025, Durham, NC real estate market has seen increase in the number of listings by 0.3%. In June 2025 median list price was $424,428 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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