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Lexington 38351
55 Hillcrest Dr
Photo of 55 Hillcrest Dr

17

Map

Photo of 55 Hillcrest Dr
Photo of 55 Hillcrest Dr
$379,000
↓ $6K (1.6%)
● House - For Sale

55 Hillcrest Dr

Lexington, TN 38351
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,005 Ft²
$2,019
Est. Monthly

About This Property

Welcome home to this spacious 3 bedroom, 3 bath offering approximately 3000 sq. f.t of comfortable living space on a beautiful 1.1 acre corner lot. Conveniently located, this home provides the perfect blend of space, functionality, and accessibility. The main level features a welcoming foyer, formal living room, a cozy den with fireplace, formal dining, spacious kitchen with all appliances, laundry room, primary bedroom, and 2 baths. Upstairs, you'll find two bedrooms, and bath. Outside you will find a 32x14 workshop, 24x52 above ground pool, fenced backyard, and covered sitting area. With multiple living areas, a desirable floor plan, and plenty of outdoor space to enjoy, this property offers endless possibilities both inside and out. Don't miss your opportunity to make this exceptional home your own.
Unit Size
3,005 Ft²
Days on Market
100 days
Land Size
1.00 acres
Price per sqft
$126
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1969

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 29 days ago (Realtracs #RTC3297828)

Price History

Date / Event Date Event Price
Sep 30, 2026 Price Decreased $379,000
↓ $6K (1.6%)
Price Decreased
Aug 7, 2026 Price Decreased $385,000
↓ $15K (3.7%)
Price Decreased
Jun 23, 2026 Listed by RE/MAX Unlimited $399,900
Listed by RE/MAX Unlimited
Nov 17, 2022 No longer available -
No longer available
Oct 19, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Pantry, Walk-In Closet(s)
Appliances: Double Oven, Cooktop, Dishwasher, Disposal
Flooring Type: Carpet, Wood, Luxury Vinyl, Tile
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 3005
Square Footage Source: $0
Year Built: 1969
Building Area Total: 3005
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick, Vinyl Siding
Lot Size Area: 1
Lot Size Units: Acres
Lot Size Acres: 1
Lot Size Square Feet: 43560
Water Source: Public
Financial Details
Tax Annual Amount: $1,885
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 25
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,005
  • Building Area: 3,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 3,005
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 05, COUNTY AREA: L01

Neighborhood

  • School District Name: Henderson County School District in Lexington
  • School Tax School District: 39413
  • Census Tract: 975302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 062
  • District: 05
  • Parcel: 039062 00403
  • Municipality: LEXINGTON
  • Latitude: 35.7078
  • Longitude: -88.3891

    Address

  • Full Address: 55 Hillcrest Dr
  • Address - House Number: 55
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lexington
  • Carrier Code: R007
  • 4-Digit Zip Code: 6502
  • Zip Code: 38351

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $134,700
  • Tax Rate Code Area: 39A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 434,767
  • High Value: 634,383
  • Low Value: 235,150

    Market Valuation

  • Market Total Value: $284,500
  • Market Land Value: $12,500
  • Market Improvement Value: $272,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,125
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $68,000

    Sales

  • Current Sale Contract Date: Nov 08, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 120514
  • Previous Sale Recording Date: Aug 17, 2009
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lexington

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

111

Average Home Size

2534 ft²

Average Home Age

41.4 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Linda K Lipscomb, RE/MAX Unlimited
Last Updated: 29 days ago
Data Source: Realtracs, MLS# RTC3297828
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 55 Hillcrest Drive built and last sold?
The property at 55 Hillcrest Drive was built in 1969 and last sold on Nov 8, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 55 Hillcrest Drive is $385,967.
What are some comparable homes to 55 Hillcrest Drive?
There are currently no comparable homes to 55 Hillcrest Drive.
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