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$379,900
7 Days On Site

408 Teal Lake Drive
Holly Springs, NC 27540

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,139
SqFt
$334
/SqFt
1997
Built
Subdivision:
Somerset Farm
County:
Wake

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408 Teal Lake Drive408 Teal Lake Drive408 Teal Lake Drive408 Teal Lake Drive
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Mortgage Calculator

Monthly Payment (Est.)

$1,733
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🏡 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.

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Listing Snapshot
Price 
$379,900
Days On Site 
7 Days
Bedrooms 
3
Inside Area (SqFt) 
1,139 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.43 Acres
Year Built 
1997
MLS® Number 
10116254
Status 
Active
Property Tax 
$2,908.01
HOA/Condo/Coop Fees 
$40.71 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.43
Foundation 
Block
Lease Term 
12 Months
Number Of Stories 
1
Parking 
Driveway
Parking Spaces 
3
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1139
SqFt Total 
1139
Stories 
One
Style 
Ranch
Water Source 
Public
Zoning 
SR
Interior Features
Appliances 
DishwasherRangeRefrigerator
Basement 
Crawl Space
Cooling 
Central Air
Fireplace 
Yes
Fireplaces 
1
Flooring 
HardwoodTile
Heating 
Forced Air
Interior 
Master Downstairs
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Exterior Features
Construction Details 
HardiPlank Type
Fencing 
Back YardPrivacy
Lot Features 
Back YardLandscapedLevel
Other Structures 
Shed(s)
Patio And Porch 
Deck
Roof 
Shingle
Spa Features 
None
Community Features
Association Dues 
122.14
Community Features 
ClubhouseTennis Court(s)
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Quarterly
Horse Property 
None
Schools
School District
Unknown
Elementary School
Wake - Herbert Akins Road
Middle School
Wake - Holly Grove
High School
Wake - Holly Springs
Listing courtesy of Karen Dupree Williams of eXp Realty, LLC - C



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-08-23 10:34 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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