408 Teal Lake Drive
Holly Springs, NC 27540🏡 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.
$379,900
3 bedrooms
2 full bathrooms
0.43 acres
1,139 square feet
$334 per square foot
Additional Property Information
- TypeSingle Family Residence
- Built1997
- NeighborhoodSomerset Farm
- CountyWake
- AreaHolly Springs
- Elementary SchoolWake - Herbert Akins Road
- Middle SchoolWake - Holly Grove
- High SchoolWake - Holly Springs
Listing courtesy of eXp Realty, LLC - C. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials HardiPlank Type
- Fencing Back Yard, Privacy
- Lot Size Acres 0.43
- Other Structures Shed(s)
- Parking Features Driveway
- Patio And Porch Features Deck
- Structure Type House
- Above Grade Finished Area 1,139
- Appliances Refrigerator, Range, Dishwasher
- Basement Crawl Space
- Cooling Central Air
- Cooling Y/N Yes
- Fireplaces Total 1
- Flooring Hardwood, Tile
- Heating Forced Air
- Heating Y/N Yes
- Interior Features Master Downstairs
- Rooms Total 8
- Association Amenities Tennis Court(s), Trail(s), Clubhouse
- Association Fee Frequency Quarterly
- Association Fee Includes None
- Association Y/N Yes
- Community Features Tennis Court(s), Clubhouse
- Lot Features Back Yard, Level, Landscaped
- Tax Annual Amount 2908.01
- Water Source Public
- Year Built 1997
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©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. 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 the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-08-15T22:43:45.000Z.