About 408 Teal Lake Drive
🏡 Investor Alert: Turnkey Opportunity with Reliable Tenancy Through 2026! This updated 3-bedroom, 2-bath ranch in the heart of Holly Springs offers immediate income potential with a tenant in place through June 30, 2026. Featuring durable hardwood flooring throughout and a modern kitchen equipped with soft-close cabinetry, granite countertops, and a tile backsplash, this property is designed for long-term value and minimal upkeep. Both bathrooms have been stylishly renovated with tile flooring, recessed lighting, and glass shower doors—appealing upgrades that enhance tenant satisfaction and retention. The spacious back deck and fully fenced, landscaped yard back directly to Bass Lake Trail, offering a unique lifestyle amenity that adds to the property's rental appeal. Located minutes from Holly Springs' thriving retail, dining, and recreational hubs, this home combines strong location fundamentals with turnkey condition. Whether you're expanding your portfolio or seeking a stable, income-producing asset, this property checks all the boxes.
Features of 408 Teal Lake Drive
| MLS® # | 10116254 |
|---|---|
| Price | $379,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,139 |
| Acres | 0.43 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 408 Teal Lake Drive |
|---|---|
| Subdivision | Somerset Farm |
| City | Holly Springs |
| County | Wake |
| State | NC |
| Zip Code | 27540-9217 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Master Downstairs |
|---|---|
| Appliances | Dishwasher, Range, Refrigerator |
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 1 |
| Stories | One |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Lot Description | Back Yard, Landscaped, Level |
|---|---|
| Roof | Shingle |
| Construction | HardiPlank Type |
| Foundation | Block |
School Information
| Elementary | Wake - Herbert Akins Road |
|---|---|
| Middle | Wake - Holly Grove |
| High | Wake - Holly Springs |
Additional Information
| Date Listed | August 15th, 2025 |
|---|---|
| Zoning | SR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 122.14 |
| HOA Fees Freq. | Quarterly |
Listing Details
| Office | eXp Realty, LLC - C |
|---|