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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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246 Fallingleaf Dr , Raeford, NC 28376
$275,000
Est. Payment: $1,408.68/mo
3 Bed
3 Bath
1769 Sqft
Status: active | Days on site: 139
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Investor Special! This property is currently tenant-occupied, making it an excellent turnkey investment opportunity with immediate rental income. The home is being sold subject to the existing lease, which remains in effect through July 2027, allowing the new owner to enjoy consistent cash flow from day one. Whether you're looking to expand your investment portfolio or secure a future primary residence, this property offers both stability and long-term potential.Well maintained home located in a desirable neighborhood just minutes from Fort Bragg (Chicken Gate). Enjoy convenient access to hospitals, schools, shopping, and dining while still benefiting from no city taxes.This beautiful two-story home features 3 bedrooms plus a large bonus room, offering flexible space for a home office, playroom, or guest area. The spacious primary suite is located on the main floor, providing comfort and privacy, while the two additional bedrooms and oversized bonus room are upstairs.

Highlights

Listed by TIFFANY BIELLI , 716-868-4399 and MELANIE SATHER , 910-257-5025 EMPIRE REALTY AND DESIGN, LLC. , 910-257-5025. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.47

Year Built

2005

County

Hoke

Neighborhood

Somerset

Listing ID

LP760301

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Microwave, Range, Refrigerator
Floor:Hardwood,Tile,Vinyl
Other:
  • Additional:Ceiling Fan(s), Kitchen/Dining Room Combination, Master Downstairs, Walk-In Closet(s)

Exterior Features

Lot Dimensions:.47
Others:
  • Additional:Rain Gutters, Storage, Deck, Front Porch
Sewer:Septic Tank
Parking Features:Attached
Principal Interest
$1,409
Taxes
$175

Home Price

$275,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$55,000
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:
$1,408.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,408.68 $175.31 $0.00 $1,584.00
Yearly $16,904.21 $2,103.75 $0.00 $19,007.96
Total $507,126.28 $63,112.50 $0.00 $570,238.78

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raeford, 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: 2026-08-24T17:35:59.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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