This home's estimate is 3.3% higher than the average sale price ($258K) of 6 comparable homes.
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581 Gray Rd, Lexington, NC 27292
About this home
This newer construction 3-bedroom, 2.5-bath home is the perfect blend of comfort, convenience, and value. This property offers easy access to I-85, High Rock Lake, and the many amenities of both Lexington and Salisbury. Step inside to find an oversized open kitchen and living room—ideal for entertaining—along with a spacious primary suite and a thoughtful, low-maintenance design throughout. This home represents one of the best values for newer construction in the area. Buyer Bonus: Take advantage of a 1% lender credit (up to $2,000) to use toward closing costs or a rate buy-down! Some photos have been virtually staged to showcase the home’s full potential.

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Market trends in 27292, NC
Last updated August 2026
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Provided by Redfin
Sale history for 581 Gray Rd
$159/sq ft
$156/sq ft
$162/sq ft
$165/sq ft
Tax history for 581 Gray 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
RM-1
Medium Density Residential District
The intent of the Medium Density Residential District is to provide space for medium density residential development in areas served by public water supply and where sanitary sewage disposal can be appropriately handled. This district shall normally be located with access to collector or primary streets.Include but are not limited to:
- Community / recreation center
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Housing-Student
- Office
- Public service
- Educational/school
- Housing-Mobile home park
- Park & open space
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 1
- Garage Description: Attached Garage
- Parking Features: Driveway, Garage, Paved, Attached
Interior
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Bathrooms (1/2): 1
- Basement Information
- Basement YN: No
- Room Information
- # of Rooms: 6
Exterior
- Exterior Features
- Fencing: None
- Pool Information
- Pool Features: None
- Guest House Information
- No
- Lot Information
- Lot Number: 9
- Lot Features: Cleared, Level
- Lot Size Acres: 0.77
- Lot Size Dimensions: Buyer to Verify
- Land Information
- Land Description: Clear, Flat
- Water Source: Public
- Property Information
- Property Type: Residential
- Property Sub Type: Stick/Site Built
- Structure Type: House
- Built Information: Existing
- Year Built: 2023
- # of Fireplaces: 0
- Appliances: Microwave, Dishwasher, Range, Electric Water Heater
- Laundry Features: Dryer Connection, Laundry Room, Washer Hookup
- Building Information
- Building Area Total: 1,604
- Foundation Details: Slab
- Levels: Two
- Construction Materials: Vinyl Siding
Financial
- Tax Information
- Tax Annual Amount: $1,304
Utilities
- Utility Information
- Sewer: Septic Tank
- 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
- Additional School Info Zone: Verify with County
- Location Details
- Directions: From I-85, take Highway 8 (Cotton Grove Rd), turn right onto Gray Rd., Take right onto Sparrow Dr. - Take immediate left
- Community Information
- Subdivision Name: Sparrow Estates
Public facts
- Beds: 3
- Baths: 2.5
- Sq. Ft.: 1,628
- Stories: 2.0
- Lot Size: 0.69 acres
- Style: Single Family Residential
- Year Built: 2023
- Year Renovated: 2023
- County: Davidson County
- APN: 06026D0000009
Around this home
Schools
Public PreK-5 • Assigned • 1.8mi
Public 6-8 • Assigned • 4.9mi
Public 9-12 • Assigned • 4.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 105° expected this year, 17 days in 30 years
13% 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 27292
Home values near 581 Gray Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1486 Sq. Ft. | $269,163 |
3 Beds | 2 Baths | 1568 Sq. Ft. | $237,928 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1128 Sq. Ft. | $175,646 |
3 Beds | 2 Baths | 1456 Sq. Ft. | $290,076 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1431 Sq. Ft. | $216,483 |
3 Beds | 1.5 Baths | 1914 Sq. Ft. | $291,187 |
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