Mooresville · Mooresville, NC
500 Reed Creek Road
Mooresville, NC · 1,008 sqft
$274,900
- 3Beds
- 2Baths
- 1,008SqFt
- 1994Year
- 2Days on market
About this home
Investor-friendly opportunity in Mooresville’s Reed Creek community! This 3 bedroom, 2 bath one-level home offers a practical layout, attached garage, private backyard, no HOA, and strong potential for the right buyer. Please note, this home does need TLC and is not move-in ready. It has been priced accordingly and is being sold as-is. Whether someone is looking for a value-add primary residence, rental property, or renovation opportunity in the Lake Norman / Mooresville market, this property offers multiple paths forward. Conveniently located near shopping, dining, Downtown Mooresville, LangTree, Lake Norman area amenities, I-77 access, and Lowe’s Corporate Campus. A great opportunity for buyers searching for Mooresville NC investment properties, Reed Creek real estate, no-HOA homes, and properties with renovation potential.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,008
- Lot
- —
- Year built
- 1994
- Type
- Single Family
- Days on market
- 2
- Garage
- 1
- Style
- Traditional
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,023/ month
- Principal & interest
- $1,702
- Property tax (~1.05%)
- $240
- Homeowners insurance
- $80
- HOA dues
- —
Down payment
$13,745 down · $261,155 financed
Income to qualify (28% rule)
~$86,711 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.