LKV Realty
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$379,900
$1,900Reward *
408 Teal Lake Drive, Holly Springs, NC 27540Listing ID 10116254

408 Teal Lake Drive, Holly Springs, NC 27540

Active
Somerset Farm
Time on site: 367 daysLast updated: Jan 12, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,139
Acres
Acres
0.43
Days on Site
Days on Site
367
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1997
Stories
Stories
1
Parking
Parking
Driveway

🏡 Investor Alert: Turnkey Opportunity with Reliable Tenancy Through 2026! This updated 3-bedroom, 2-bath ranch in the heart of Holly Springs offers immediate income potential with a tenant in place through June 30, 2026. Featuring durable hardwood flooring throughout and a modern kitchen equipped with soft-close cabinetry, granite countertops, and a tile backsplash, this property is designed for long-term value and minimal upkeep. Both bathrooms have been stylishly renovated with tile flooring, recessed lighting, and glass shower doors—appealing upgrades that enhance tenant satisfaction and retention. The spacious back deck and fully fenced, landscaped yard back directly to Bass Lake Trail, offering a unique lifestyle amenity that adds to the property's rental appeal. Located minutes from Holly Springs' thriving retail, dining, and recreational hubs, this home combines strong location fundamentals with turnkey condition. Whether you're expanding your portfolio or seeking a stable, income-producing asset, this property checks all the boxes.

Property Information

Property Details

Location

Address
408 Teal Lake Drive
County
Wake
City
Holly Springs
Zip Code
27540
Subdivision
Somerset Farm
High School
Wake - Holly Springs
Elementary School
Wake - Herbert Akins Road
Karen Dupree WilliamsEXP Realty, (888) 584-9431

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,139
Year Built
1997
Stories
1
Construction
HardiPlank Type
Foundation
Block
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,908
Tax Year
2025

Homeowner Association

HOA Fee
$122
HOA Fee Frequency
Quarterly

Market Report for 27540

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

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. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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