176 Terrace Ln

Lexington, NC 27292

$260,000
Price
3
Beds
—Sq. Ft.
$232 / Sq. Ft.
—
Sq. Ft.
$232
per Sq. Ft.

Description

Updated Ranch Home on 1.66 acres of land with loads of possibilities! Freshly Painted - inside and out, New Flooring, Tar Heel Basement Waterproofed Crawlspace, Updated Plumbing, New Appliances, Solar Panels (owned by seller/paid in full), Furniture can stay. Approx 10 Minutes to High Rock Lake. Usda eligible!Updated Ranch Home on 1.66 acres of land with loads of possibilities! Freshly Painted - inside and out, New Flooring, Tar Heel Basement Waterproofed Crawlspace, Updated Plumbing, New Appliances, Solar Panels (owned by seller/paid in full), Furniture can stay. Approx 10 Minutes to High Rock Lake. Usda eligible!
  1. Listed by Valerie Sullivan • NextHome Triad Realty

Property Details for 176 Terrace Lane

Zoning
RS
LISTING UPDATED: 01/18/2026 03:10 PM

Property Details for 176 Terrace Lane

StatusPrice Change
MLS #1205189
Days on Market30
Taxes$569 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Stick/Site Built
Year Built1978
Lot Size1.66 AC / 72,309 SF
CountyDavidson County

Location

Listing Courtesy of NextHome Triad Realty
Add your commute

Building Information for 176 Terrace Lane

Stories-Year Built1978Building Size-Lot Size1.66 AC / 72,309 SF

Payment Calculator

$1,315 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,267

Property Taxes

$47

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 176 Terrace Lane

Summary
Location and General Information
  • County Or Parish: Davidson
  • City: Lexington
  • Directions: Linwood-Southmont Rd to Terrace Ln.
  • Latitude: 35.706708
  • Longitude: -80.306033
  • Postal Code: 27292
  • Postal Code Plus 4: 8194
  • Subdivision Name: None
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .64%
  • Tax Annual Amount: $568.62
  • Tax Assessed Value: $90,200.00
  • Tax Year: 2025
  • Parcel Number: 06022G0000038B
  • Association: No
Parking
  • Garage Spaces: 1.0
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport
Property
Lot Information
  • Lot Features: Cleared, Cul-De-Sac, Level
  • Lot Size Acres: 1.66
  • Above Grade Finished Area: 1120.0
  • Building Area Total: 1120.0
  • Built Information: Existing
  • Heated Finished Sqft F Main: 1120.0
  • Water Source: Public
  • Year Built: 1978
Property and Assessments
  • Photos Count: 37
  • Property Type: Residential
  • Deed Book: 2701
  • Deed Page: 785
  • Documents Count: 3
  • Fixture Exception: No
  • Road Responsibility: Public Maintained Road
Utilities
  • Heating Fuel: Electric
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Brick
  • Levels: One
  • Pool: No
Interior Features
  • Appliances: Range, Ice Maker, Electric Water Heater
  • Basement: Crawl Space
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Flooring: Carpet, Engineered Hardwood, Tile
  • Heating: Heat Pump, Electric
  • Full Baths Lower: 0
  • Full Baths Main: 2
  • Main Level Bathrooms: 2
  • Full Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Rooms Total: 5.0
  • Primary On Main YN: Yes
  • Second LQ YN: No
Room Information
Room 1 Information
  • Room Type: Living Room
  • Room Level: Main
  • Room Length: 15.166666666
  • Room Width: 14.166666666
  • Room Length Width Units: Feet
  • Room Area: 214.861111111
  • Room Area Units: Square Feet
  • Room Dimensions: 14ft 2in x 15ft 2in
Room 2 Information
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Length: 11.75
  • Room Width: 11.416666666
  • Room Length Width Units: Feet
  • Room Area: 134.145833333
  • Room Area Units: Square Feet
  • Room Dimensions: 11ft 5in x 11ft 9in
Room 3 Information
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length: 16.5
  • Room Width: 11.75
  • Room Length Width Units: Feet
  • Room Area: 193.875
  • Room Area Units: Square Feet
  • Room Dimensions: 11ft 9in x 16ft 6in
Room 4 Information
  • Room Type: Bedroom 3
  • Room Level: Main
  • Room Length: 10.25
  • Room Width: 9.416666666
  • Room Length Width Units: Feet
  • Room Area: 96.520833333
  • Room Area Units: Square Feet
  • Room Dimensions: 9ft 5in x 10ft 3in
Room 5 Information
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Length: 11.416666666
  • Room Width: 10.25
  • Room Length Width Units: Feet
  • Room Area: 117.020833333
  • Room Area Units: Square Feet
  • Room Dimensions: 10ft 3in x 11ft 5in
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 176 Terrace Lane

DateEvent & SourcePriceAppreciation
Jan 18, 2026

Price Change

TRIAD #1205189

$260,000—
Jan 17, 2026

Price Change

TRIAD #1205189

$250,000—
Jan 2, 2026

Price Change

TRIAD #1205189

$260,000—
Jan 2, 2026

Price Change

TRIAD #1205189

$250,000—
Jan 2, 2026

Listed (Active)

TRIAD #1205189

$266,000—
May 15, 2025

Sold

TRIAD #1173903

$240,000—
May 14, 2025

Sold (Public Record)

Public Record #1557849232

$240,000

+262.2% / yr

Apr 17, 2025

Pending

TRIAD #1173903

—
Mar 19, 2025

Listed (Active)

TRIAD #1173903

$249,900—
Nov 21, 2024

Sold (Public Record)

Public Record #1547168848

$130,000

+8.1% / yr

Jul 28, 2014

Sold (Public Record)

Public Record #420907028

$58,000

-1.8% / yr

Jul 28, 2014

Sold

TRIAD #695569

$58,000—
May 7, 2014

Pending

TRIAD #695569

—
Jan 24, 2014

Listed (Active)

TRIAD #695569

$65,000—
Jun 1, 2000

Sold (Public Record)

Public Record #527113354

$75,500—
DateEvent & SourcePrice
01/18/2026

Price Change

TRIAD #1205189

$260,000
01/17/2026

Price Change

TRIAD #1205189

$250,000
01/02/2026

Price Change

TRIAD #1205189

$260,000
01/02/2026

Price Change

TRIAD #1205189

$250,000
01/02/2026

Listed (Active)

TRIAD #1205189

$266,000
05/15/2025

Sold

TRIAD #1173903

$240,000
05/14/2025

Sold (Public Record)

Public Record #1557849232

$240,000

+262.2% / yr

04/17/2025

Pending

TRIAD #1173903

—
03/19/2025

Listed (Active)

TRIAD #1173903

$249,900
11/21/2024

Sold (Public Record)

Public Record #1547168848

$130,000

+8.1% / yr

07/28/2014

Sold (Public Record)

Public Record #420907028

$58,000

-1.8% / yr

07/28/2014

Sold

TRIAD #695569

$58,000
05/07/2014

Pending

TRIAD #695569

—
01/24/2014

Listed (Active)

TRIAD #695569

$65,000
06/01/2000

Sold (Public Record)

Public Record #527113354

$75,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 176 Terrace Lane

Taxable ValueLand-Additions-Total-
Tax Record2025$569 ($47 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,840 SqFtStories1Lot Size72,310 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated2005ZoningRSCountyDAVIDSONAPN06-022-G-000-0038-BFireplace TypeHas Fireplace

Schools near 176 Terrace Lane

This home is within Davidson County School District.
Rating
School
Type
Grades
Distance
Southwood Elementary
Public - PK to 5
Central Davidson Middle
Public - 6 to 8
Central Davidson High
Public - 9 to 12
Stoner-Thomas School
Public - K to 12
Rating
School
Distance
Southwood Elementary
PublicPK to 5

Central Davidson Middle
Public6 to 8

Central Davidson High
Public9 to 12

Stoner-Thomas School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 176 Terrace Lane, Lexington, NC 27292

176 Terrace Lane is a single family home for sale in Lexington, NC 27292. This property was listed for sale on January 2, 2026 by NextHome Triad Realty, it's currently listed at $260,000. It has been on the market for a total of 30 days and was last sold on May 15, 2025. This listing's school district is Davidson County School District. Nearby schools include Southwood Elementary, Central Davidson Middle and Central Davidson High. 176 Terrace Lane is a 3-bed, 2-bath, single family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Triad Realty

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