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$498,900 Just Listed
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Property Description
Welcome to your dream home! This stunning four-bedroom, two-bathroom brick ranch is ready for you to move in. Enjoy the peace of mind that comes with a newer roof, modern flooring, updated stainless appliances, and refreshed plumbing and wiring. Set on nearly two acres, this property offers ample parking with a spacious two-car carport. You'll love the abundance of natural light that fills the formal living room, dining room, and cozy family room. The kitchen boasts elegant granite countertops and brand-new cabinets, perfect for culinary enthusiasts. With convenient single-level living and no stairs, this home is ideal for first-time buyers, those looking to upgrade, or anyone wanting to downsize. Its inviting atmosphere and thoughtful layout make it a perfect fit for any lifestyle. Located just off I-85, you'll have quick access to a variety of restaurants and shopping options. This is a must-see home that won't last long! Schedule your showing today!
Full Property Details
Full Property Details for 115 Rainey
General
- Price: $498,900
- Taxes: $3,627
- Status: Active
- Type: Farms/Ranches
- Source: 2218
- MLS ID: 10147457
- Updated: Today (2/19/2026)
- Added to Site: Today
Interior
- Number of Rooms: 11
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- County: Orange
- Subdivision: Not in a Subdivision
- Driving Directions: Ext 70 West to 86 North, turn right on Rainey Ave and Welcome home 115 on your rght.
- City Limits: Yes
School Information
- Elementary School: Orange - Hillsborough
- Middle School: Orange - Orange
- High School: Orange - Orange
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Gas
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: None
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: House, Site Built
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1750
- Square Feet: 1,750
- Finished Above Grnd: 1,750 Sq. Ft.
- Year Built: 1974
Lot Features
- Lot Size (Acres): 1.42
- Lot Size (Sq. Ft.): 61,855.2
- Zoning: R10
Financial Considerations
- Tax Amount: $3,627.75
Disclosures and Reports
- Special Conditions: Trust
- Property ID: 9865718136
Listed by EXP Realty LLC, Tammie Harris (919) 418-1376
Get Pre-Approved Today
Schools
Schools serving 115 Rainey
School District:Orange County Schools
| Name | Grades | Distance |
|---|---|---|
Hillsborough Elementary 402 North Nash Street, Hillsborough, NC 27278 | K-5 | 0.6 mi |
River Park Elementary 240 Saint Marys Road, Hillsborough, NC 27278 | K-5 | 1.2 mi |
Orange Middle School 308 Orange High School Road, Hillsborough, NC 27278 | 6-8 | 0.8 mi |
Orange High 500 Orange High School Road, Hillsborough, NC 27278 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Rainey
Date
Details
Price
Change
Source
2/19/2026
Listed
$498,900
—
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 115 Rainey
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,871
38%
$315,100
80%
2024
$2,797
15%
$174,800
—
2023
$2,432
-9%
$174,800
—
2021
$2,674
-1%
$174,800
—
2022
$2,696
1%
$174,800
12%
2021
$2,674
6%
$156,700
—
2018
$2,511
1%
$156,700
—
2017
$2,487
4%
$156,700
11%
2016
$2,381
5%
$141,169
—
2014
$2,266
1%
$141,169
—
2013
$2,238
—
$141,169
—
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 115 Rainey
115 Rainey, Hillsborough, NC 27278 (MLS# 10147457) is a Farms/Ranches property with 4 bedrooms and 2 full bathrooms. 115 Rainey is currently listed for $498,900 and was received on February 19, 2026. Want to learn more about 115 Rainey? Do you have questions about finding other Farms/Ranches real estate for sale in Hillsborough? You can browse all Hillsborough real estate or contact a Coldwell Banker agent to request more information.

