Opportunity awaits in this charming brick ranch just minutes from I-85 and Hwy 321.
This home provides a flexible layout and generous square footage ready for your vision. Previous renovations were started, creating an open canvas for an investor or buyer looking to customize and make it their own.
The property features 3 bedrooms and 3 bathrooms (3rd bathroom not permitted) a flex space, perfect for home gym, office or could be used as a 4th bedroom (septic only allows for 3), a fenced backyard, a large workshop ideal for storage or projects, and an automated gate at the driveway that allows for secure additional parking. A rear addition and additional bathroom were added by a previous owner. With strong bones, a convenient location, and unique features already in place, this property presents a great opportunity for renovation, rental potential, or resale.
Being sold as-is.
Active
$219,000
157 Downey Lake Rd, Dallas, NC 28034
3beds
1,280sqft
Est.:
Single Family Residence
Built in 1972
0.38 Acres Lot
$214,000 Zestimate®
$171/sqft
$-- HOA
What's special
Fenced backyard
- 2 days |
- 1,462 |
- 107 |
Zillow last checked: 8 hours ago
Listing updated: February 24, 2026 at 09:19am
Listing Provided by:
Andi McLeymore 704-689-6873,
EXP Realty LLC Ballantyne
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4349774
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Flex space
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven
- Laundry: Laundry Room
Features
- Doors: Pocket Doors
- Has basement: No
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
- Finished area above ground: 1,280
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Levels: One
- Stories: 1
- Fencing: Back Yard,Privacy
Lot
- Size: 0.38 Acres
Details
- Parcel number: 171080
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & HOA
Community
- Subdivision: Rocky Knolls Acres
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $272,330
- Annual tax amount: $1,944
- Date on market: 2/23/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
$214,000
$203,000 - $225,000
$1,621/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Listed for sale | $219,000+46%$171/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4349774 Report a problem | ||
| 12/11/2025 | Sold | $150,000-55.9%$117/sqft |
Source: Canopy MLS as distributed by MLS GRID #4269936 Report a problem | ||
| 11/27/2025 | Pending sale | $340,000$266/sqft |
Source: Canopy MLS as distributed by MLS GRID #4269936 Report a problem | ||
| 7/15/2025 | Listing removed | $340,000$266/sqft |
Source: Canopy MLS as distributed by MLS GRID #4269936 Report a problem | ||
| 6/19/2025 | Listed for sale | $340,000+28.3%$266/sqft |
Source: Canopy MLS as distributed by MLS GRID #4269936 Report a problem | ||
| 8/21/2023 | Sold | $265,000-5.4%$207/sqft |
Source: Canopy MLS as distributed by MLS GRID #4037982 Report a problem | ||
| 8/4/2023 | Pending sale | $280,000$219/sqft |
Source: Canopy MLS as distributed by MLS GRID #4037982 Report a problem | ||
| 6/13/2023 | Listed for sale | $280,000$219/sqft |
Source: Canopy MLS as distributed by MLS GRID #4037982 Report a problem | ||
| 5/18/2022 | Sold | $280,000+1.9%$219/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849828 Report a problem | ||
| 4/26/2022 | Contingent | $274,900$215/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849828 Report a problem | ||
| 4/21/2022 | Listed for sale | $274,900+137%$215/sqft |
Source: Canopy MLS as distributed by MLS GRID #3849828 Report a problem | ||
| 3/14/2022 | Sold | $116,000+36.5%$91/sqft |
Source: Public Record Report a problem | ||
| 2/11/2012 | Listing removed | $85,000$66/sqft |
Source: Carpenter's Real Estate #986609 Report a problem | ||
| 8/20/2011 | Price change | $85,000-14.9%$66/sqft |
Source: Carpenter's Real Estate #986609 Report a problem | ||
| 12/12/2010 | Listed for sale | $99,900+9.8%$78/sqft |
Source: Carpenter's Real Estate #986609 Report a problem | ||
| 10/25/2000 | Sold | $91,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,944 | $325,740 +19.6% |
| 2024 | $1,944 +2.7% | $272,330 |
| 2023 | $1,893 +72.8% | $272,330 +128.8% |
| 2022 | $1,095 -2.3% | $119,030 |
| 2021 | $1,121 +13.5% | $119,030 |
| 2020 | $988 -10.9% | $119,030 |
| 2019 | $1,109 +30.8% | $119,030 +32.4% |
| 2018 | $848 | $89,919 |
| 2017 | $848 | $89,919 |
| 2016 | $848 | $89,919 +2.7% |
| 2014 | $848 | $87,552 |
| 2012 | -- | $87,552 |
| 2011 | -- | $87,552 |
| 2010 | -- | $87,552 |
| 2009 | -- | $87,552 |
| 2008 | -- | $87,552 +2.1% |
| 2007 | -- | $85,750 |
| 2006 | -- | $85,750 |
| 2005 | -- | $85,750 |
| 2004 | -- | $85,750 |
| 2003 | -- | $85,750 -8.8% |
| 2002 | -- | $93,980 +53.2% |
| 2001 | -- | $61,330 +0% |
| 2000 | -- | $61,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,284/mo
Principal & interest
$1129
Property taxes
$155
Climate risks
Neighborhood: 28034
Nearby schools
GreatSchools rating
- 2/10Costner Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10William C Friday Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10North Gaston High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Costner
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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