Mooresville · Mooresville, NC
389 Midway Lake Road
Mooresville, NC · 1,008 sqft
$249,700
Reduced from $257,000
- 2Beds
- 1Baths
- 1,008SqFt
- 1963Year
- 23Days on market
About this home
Unlock exceptional potential on Midway Lake Rd in Iredell County with this versatile parcel zoned Residential Agricultural (RA). The property has an elevated building footprint along the road frontage that sits completely out of the flood plain, providing optimal high ground to build either a private luxury custom home or a couple of single-family residences.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 1,008
- Lot
- —
- Year built
- 1963
- Type
- Single Family
- Days on market
- 23
- Heating
- Natural Gas
- Cooling
- None
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,806/ month
- Principal & interest
- $1,546
- Property tax (~0.90%)
- $187
- Homeowners insurance
- $72
- HOA dues
- —
Down payment
$12,485 down · $237,215 financed
Income to qualify (28% rule)
~$77,424 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.