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$320,000 Just Listed
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Property Description
Investor alert. Prime opportunity in one of Durham's most desirable locations. This 2-bedroom, 1-bath renovation project is already taken down to the studs with major rough-ins completed -- saving significant time and upfront costs. Foundation work, framing, and key infrastructure improvements are already in place, allowing investors to move straight into the finish phase. Ideal for fix-and-flip, long-term rental, or resale. Strong area comps and high demand make this a compelling value-add opportunity. Bring your vision and complete the project to maximize returns. Property sold as-is. Cash or renovation financing preferred.
Full Property Details
Full Property Details for 1507 Echo Rd
General
- Price: $320,000
- Taxes: $4,110
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1215372
- Updated: 4/9/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- 1st/Main Floor Primary: Yes
Parking
- Parking Features: Driveway
Location
- County: Durham
- Subdivision: None
- Driving Directions: From (I-40) Take Exit 270 for US-15/US-501 toward Durham/Chapel Hill Head north on US-15/501 (Durham-Chapel Hill Blvd) Continue for about 2 miles, Turn right onto University Dr, Go about 0.5 miles, then turn left onto Echo Rd. House will be on your right
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: None, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 779 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.19
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $1,684,210.5263
- Tax Amount: $4,110
- Terms: Cash, Other
Disclosures and Reports
- Special Conditions: Owner Sale
- Deed Restrictions: Yes
Listed by Elevation Realty
Get Pre-Approved Today
Schools
Schools serving 1507 Echo Rd
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Lakewood Elementary 2520 Vesson Avenue, Durham, NC 27707 | PK-5 | 0.7 mi |
Lakewood Montessori Middle School 2119 Chapel Hill Road, Durham, NC 27707 | 6-8 | 0.3 mi |
Charles E Jordan Sr High School 6806 Garrett Road, Durham, NC 27707 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1507 Echo Rd
Date
Details
Price
Change
Source
4/09/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1507 Echo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,299
44%
$332,781
103%
2024
$2,287
7%
$163,936
—
2023
$2,147
2%
$163,936
—
2022
$2,098
26%
$163,936
—
2021
$1,671
-18%
$163,936
—
2020
$2,039
—
$163,936
—
2019
$2,039
5%
$163,936
14%
2018
$1,949
1%
$143,708
—
2017
$1,935
3%
$143,708
—
2016
$1,870
43%
$143,708
53%
2015
$1,304
—
$94,187
—
2014
$1,304
3%
$94,187
—
2013
$1,264
—
$94,187
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1507 Echo Rd
1507 Echo Road, Durham, NC 27707 (MLS# 1215372) is a Single Family property with 2 bedrooms and 1 full bathroom. 1507 Echo Road is currently listed for $320,000 and was received on April 09, 2026. Want to learn more about 1507 Echo Road? Do you have questions about finding other Single Family real estate for sale in Dunbarton? You can browse all Dunbarton real estate or contact a Coldwell Banker agent to request more information.

