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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1028 Lynn Rd , Durham, NC 27703
$900,000
Est. Payment: $5,058.03/mo
7.46 Acres
Status: active | Days on site: 25
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74402 - D03218
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Terri Bias
Operator/Brokerage Owner

House Description

Prime Durham development opportunity—bring the vision and take it to the finish line! This 7.46-acre property is approved for a 32-37 townhome community, offering developers and builders the opportunity to step into a project where much of the groundwork has already been completed. Located just minutes from Downtown Durham with convenient access to RTP, Brier Creek, RDU International Airport, major highways, shopping, dining, and employment centers. With new communities and development continuing throughout the surrounding area, this is an opportunity to secure land positioned for residential growth. Site plans and townhome floor plan documents are available, providing a valuable head start for the next owner. Grab the plans, build on the work already completed, and move forward with bringing this Durham-approved townhome community to life.

Highlights

Listed by Stacy Slone , Keller Williams Elite Realty , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
7.46

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10193804

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot Dimensions:see survey
Zoning:R-8
Sewer:None,None24
Principal Interest
$5,058
Taxes
$574

Home Price

$900,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$180,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,058.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,058.03 $573.75 $0.00 $5,631.78
Yearly $60,696.37 $6,885.00 $0.00 $67,581.37
Total $1,820,891.02 $206,550.00 $0.00 $2,027,441.02

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T17:52:00.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina