This home's estimate is 1% lower than the average sale price ($285K) of 6 comparable homes.
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1502 Payne Rd, Lexington, NC 27295
About this home
100% USDA Financing Available! Perfect Ranch home just inside Davidson Cty! Nice size eat-in kitchen. Living Room w/brick gas log fireplace. 3BR/2BA. Full unfinished basement w/one car garage. 2 car deattached carport. Garden space. Mature .71 acre lot. Very well maintained!

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Market trends in 27295, NC
Last updated August 2026
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Sale history for 1502 Payne Rd
$76/sq ft
$76/sq ft
$76/sq ft
$44/sq ft
Tax history for 1502 Payne Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
RS
Low Intensity Residential District
The intent of the Low Intensity Residential District is to provide space for suburban residential development, where soil types, location, and topography make this type of development appropriate.Include but are not limited to:
- Religious facility
- Day care facility
- Housing-Single unit
- Office
- Public service
- Educational/school
- Golf related
- Kennel
- Ground transport
- Park & open space
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 3
- Garage Description: Basement Garage, Detached Carport
- Parking Features: Driveway, Garage Door Opener, Basement, Detached Carport
Interior
- Virtual Tour
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Bathrooms (1/2): 0
- Basement Information
- Basement YN: Yes
- Has Basement
- Basement: Unfinished, Basement
- Room Information
- # of Rooms: 5
- Interior Features
- Has Primary On Main
- Door Features: Storm Door(s)
- Energy Features: Storm Doors
- Flooring: Carpet, Vinyl
- Interior Features: Ceiling Fan(s), Dead Bolt(s)
Exterior
- Exterior Features
- Exterior Features: Garden
- Fencing: None
- Lot Information
- Lot Size Acres: 0.71
- Land Information
- Water Source: Public
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Built Information: Existing
- Year Built: 1987
- # of Fireplaces: 1
- Fireplace Features: Gas Log, Living Room
- Appliances: Microwave, Built-in Range, Dishwasher, Electric Water Heater
- Laundry Features: Dryer Connection, Main Level, Washer Hookup
- Security Features: Security System, Smoke Detector(s)
- Building Information
- Building Area Total: 1,694
- Levels: One
- Construction Materials: Wood Siding
Financial
- Tax Information
- Tax Annual Amount: $863.42
Utilities
- Utility Information
- Sewer: Public Sewer
- Water Heater: Electric
- Heating & Cooling
- Cooling: Central Air
- Heating: Heat Pump, Electric
- Heating Fuel: Electric
Location
- HOA Information
- Association: Winston-Salem
- Association YN: No
- School / Neighborhood
- Elementary School: Call School Board
- Middle Or Junior School: Call School Board
- High School: Call School Board
- Additional School Info Zone: Buyers to Verify Schools.
- Location Details
- Directions: U-52 N take exit 97 toward Midway, right onto Old US-52, right onto Enterprise Rd, right onto Payne Rd.
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,296
- Stories: 1.0
- Lot Size: 0.71 acres
- Style: Single Family Residential
- Year Built: 1987
- Year Renovated: 1990
- County: Davidson County
- APN: 1301300000095
Around this home
Schools
Public PreK-5 • Assigned • 2.4mi
Public 6-8 • Assigned • 5.0mi
Public 9-12 • Assigned • 5.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 103° expected this year, 18 days in 30 years
8% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 9.1 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 27295
Home values near 1502 Payne Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1884 Sq. Ft. | $390,454 |
3 Beds | 2 Baths | 2134 Sq. Ft. | $249,124 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2058 Sq. Ft. | $362,694 |
4 Beds | 3.5 Baths | 3627 Sq. Ft. | $587,534 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1680 Sq. Ft. | $232,959 |
3 Beds | 2 Baths | 2224 Sq. Ft. | $520,576 |
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