Last Sold Price
3 beds
581 Gray Rd, Lexington, NC 27292

Description

This newer construction 3-bedroom, 2.5-bath home is the perfect blend of comfort, convenience, and value. This property offers easy access to I-85, High Rock Lake, and the many amenities of both Lexington and Salisbury. Step inside to find an oversized open kitchen and living room—ideal for entertaining—along with a spacious primary suite and a thoughtful, low-maintenance design throughout. This home represents one of the best values for newer construction in the area. Buyer Bonus: Take advantage...This newer construction 3-bedroom, 2.5-bath home is the perfect blend of comfort, convenience, and value. This property offers easy access to I-85, High Rock Lake, and the many amenities of both Lexington and Salisbury. Step inside to find an oversized open kitchen and living room—ideal for entertaining—along with a spacious primary suite and a thoughtful, low-maintenance design throughout. This home represents one of the best values for newer construction in the area. Buyer Bonus: Take advantage of a 1% lender credit (up to $2,000) to use toward closing costs or a rate buy-down! Some photos have been virtually staged to showcase the home’s full potential.
LISTING CLOSED: 12/15/2025 12:00 AM

  1. Listed by TJ Norris • Local R.E. Inc. • 336-250-9952

Property Details for 581 Gray Road

Status
MLS #
1196812
Days on Market
38
Taxes
$1,304 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Stick/Site Built
Year Built
2023
Lot Size
0.77 AC / 33,541 SF
Flood Zone
Not in Flood Zone
Zoning
MXR

Recent comparable sales

Median sold price

$265,000

Avg days on market

26

Sale-to-list ratio

97.6%

[Lexington, NC]

9 comparable properties found

$260,000 | 170 Finch Drive, Lexington, NC 27292
1/26
1

$260,000

Sold 04/03/25

3
Bedrooms
Unavailable
Square Feet
0.68
Acres
$255,000 | 192 Finch Drive, Lexington, NC 27292
1/29
2

$255,000

Sold 09/05/25

3
Bedrooms
Unavailable
Square Feet
0.64
Acres
$264,900 | 176 Sparrow Drive, Lexington, NC 27292
1/27
3

$264,900

Sold 02/14/25

3
Bedrooms
Unavailable
Square Feet
1.26
Acres
$272,900 | 208 Finch Drive, Lexington, NC 27292
1/29
4

$272,900

Sold 03/11/25

3
Bedrooms
Unavailable
Square Feet
0.61
Acres
$252,900 | 205 Sparrow Drive, Lexington, NC 27292
1/31
5

$252,900

Sold 03/31/25

3
Bedrooms
Unavailable
Square Feet
0.6
Acres
$280,000 | 210 Sparrow Drive, Lexington, NC 27292
1/30
6

$280,000

Sold 02/27/25

3
Bedrooms
Unavailable
Square Feet
1.19
Acres
$265,000 | 219 Sparrow Drive, Lexington, NC 27292
1/31
7

$265,000

Sold 07/11/25

3
Bedrooms
Unavailable
Square Feet
0.61
Acres
$287,000 | 138 Finch Drive, Lexington, NC 27292
1/27
8

$287,000

Sold 04/09/25

3
Bedrooms
Unavailable
Square Feet
1.65
Acres
$289,000 | 10592 Linwood-Southmont Road, Lexington, NC 27292
1/37
9

$289,000

Sold 09/18/25

3
Bedrooms
Unavailable
Square Feet
1.48
Acres

Location

Listing Courtesy of Local R.E. Inc.

Sold By Tesla Realty Group LLC

Add your commute

Building Information for 581 Gray Road

Stories-Year Built2023Building Size-Lot Size0.77 AC / 33,541 SF

Payment Calculator

$1,405 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,296

Property Taxes

$109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 581 Gray Road

Summary
Location and General Information
  • County Or Parish: Davidson
  • City: Lexington
  • Directions: From I-85, take Highway 8 (Cotton Grove Rd), turn right onto Gray Rd., Take right onto Sparrow Dr. - Take immediate left
  • Latitude: 35.688639
  • Longitude: -80.282465
  • Postal Code: 27292
  • Postal Code Plus 4: 1783
  • Subdivision Name: Sparrow Estates
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: .00%
  • Tax Annual Amount: $1,304.00
  • Tax Assessed Value: $197,630.00
  • Tax Lot: 9
  • Tax Year: 2025
  • Parcel Number: 06026D0000009000
  • Association: No
Parking
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage, Paved, Attached
  • Garage Description: Attached Garage
Property
Lot Information
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.77
  • Lot Size Dimensions: Buyer to Verify
  • Above Grade Finished Area: 1604.0
  • Building Area Total: 1604.0
  • Built Information: Existing
  • Heated Finished Sqft F Main: 687.0
  • Heated Finished Sqft Second: 917.0
  • Lot Number: 9
  • Water Source: Public
  • Year Built: 2023
Property and Assessments
  • Photos Count: 26
  • Property Type: Residential
  • Deed Book: 2673
  • Deed Page: 1178
  • PlatBook: 82-64
  • Documents Count: 4
  • Fixture Exception: No
Utilities
  • Heating Fuel: Electric
  • Sewer: Septic Tank
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Foundation Details: Slab
  • Pool Features: None
  • Construction Materials: Vinyl Siding
  • Levels: Two
  • Laundry Features: Dryer Connection, Laundry Room, Washer Hookup
  • Porch: Yes
  • Fenced: No
  • Pool: No
Interior Features
  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 2.5
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Heat Pump, Electric
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Main Level Bathrooms: 1
  • Full Baths Upper: 2
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Rooms Total: 6.0
  • Primary On Main YN: No
  • Second LQ YN: No
Room Information
Room 1 Information
  • Room Type: Breakfast
  • Room Level: Lower
  • Room Length: 5.0
  • Room Width: 5.0
  • Room Length Width Units: Feet
  • Room Area: 25.0
  • Room Area Units: Square Feet
  • Room Dimensions: 5ft 0in x 5ft 0in
Room 2 Information
  • Room Type: Primary Bedroom
  • Room Level: Upper
  • Room Length: 12.583333333
  • Room Width: 12.083333333
  • Room Length Width Units: Feet
  • Room Area: 152.048611111
  • Room Area Units: Square Feet
  • Room Dimensions: 12ft 1in x 12ft 7in
Room 3 Information
  • Room Type: Bedroom 3
  • Room Level: Upper
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Length Width Units: Feet
  • Room Area: 110.0
  • Room Area Units: Square Feet
  • Room Dimensions: 10ft 0in x 11ft 0in
Room 4 Information
  • Room Type: Kitchen
  • Room Level: Lower
  • Room Length: 13.333333333
  • Room Width: 13.083333333
  • Room Length Width Units: Feet
  • Room Area: 174.444444444
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 1in x 13ft 4in
Room 5 Information
  • Room Type: Bedroom 2
  • Room Level: Upper
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Length Width Units: Feet
  • Room Area: 110.0
  • Room Area Units: Square Feet
  • Room Dimensions: 10ft 0in x 11ft 0in
Room 6 Information
  • Room Type: Living Room
  • Room Level: Lower
  • Room Length: 15.666666666
  • Room Width: 13.333333333
  • Room Length Width Units: Feet
  • Room Area: 208.888888888
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 4in x 15ft 8in
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 581 Gray Road

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Sold

TRIAD #1196812

$255,000
Dec 12, 2025

Sold (Public Record)

Public Record #1923139637

$255,000
Nov 2, 2025

Pending

TRIAD #1196812

DateEvent & SourcePrice
12/15/2025

Sold

TRIAD #1196812

$255,000
12/12/2025

Sold (Public Record)

Public Record #1923139637

$255,000
11/02/2025

Pending

TRIAD #1196812

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

Public Records for 581 Gray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,304 ($109 / month)
Home Facts
Beds3Total Finished SqFt1,998 SqFtAbove Grade Finished SqFt1,998 SqFtStories2Lot Size33,541 SqFtStyleSingle Family ResidenceYear Built2023ZoningRM1CountyDAVIDSONAPN06-026-D-000-0009

Schools near 581 Gray Road

This home is within Davidson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Southmont Elementary School
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 581 Gray Road, Lexington, NC 27292
$255,000
3
33,541
$287,000
3
71,874
$450,000
2
696
739,213
$87,000
2
1,468
31,799
184,694
$260,000
3
29,620

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Local R.E. Inc.

Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.