206 Penny Lane, Lexington, NC 27295 - Photo 1

1/1

$195,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
0.43 Acres

1/1

Property Description

Welcome to 206 Penny Lane! This 3BR ranch has been completely remodeled and offers easy one-level living with a bright living room, spacious den, dining area, and stylish kitchen with smooth cooktop and butcher block counters. Recent upgrades include new floors, appliances, paint, and a beautifully remodeled bathroom. Major systems have also been updated within the last 3-4 years, including septic, roof, and HVAC, giving buyers peace of mind. The heat pump and insulated windows/doors add efficiency, while the .43-acre lot at the end of a quiet street provides privacy with quick access to Hwy 150, shopping, and schools. With low county taxes and no deed restrictions, this move-in ready home is perfect for first-time buyers, downsizers, or investors.

Full Property Details

Full Property Details for 206 Penny Ln

General

Sold For: $195,000
Taxes: $518
Status: Closed
Type: Single Family
Source: Triad_MLS
MLS ID: 1194564
Added to Site: 172 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
Appliances: Exhaust Fan, Free-Standing Range, Cooktop, Electric Water Heater
Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 3
1st/Main Floor Primary: Yes

Other Rooms

Laundry: Dryer Connection, Main Level, Washer Hookup

Additional Information

Security/Safety: Smoke Detector(s)

Exterior

Patio/Terrace: Yes

Parking

Parking Features: Driveway, Gravel

Location

County: Davidson
Subdivision: None
Driving Directions: Take Tyro Rd to Penny Ln in Tyro

Heating & Cooling

Cooling Type: Heat Pump
Heating Type: Heat Pump, Electric
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Septic Tank
Water: Public

Structural Information

Architectural Style: Ranch
Exterior Const.: Brick, Wood Siding
Basement: Yes
Basement Desc.: Crawl Space
Drive-In Doors: Insulated Doors
Stories/Levels: One
Living Area: 1,096 Sq. Ft.
Heated/Cooled: 1,096 Sq. Ft.
Year Built: 1980

Lot Features

Lot Size (Acres): 0.43
Lot Dimensions: 18.5 x 20 x 88 x 238 x 90
Lot Features: Dead End, Level, Subdivided, Sloped
Fencing (Description): None

Financial Considerations

Price Per Acre: $453,488.3721
Tax Amount: $518
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: Owner Sale
Lot Number: 58

Listed by Keller Williams Realty Elite
Sold by RE/MAX Central Realty

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Schools

Schools serving 206 Penny Ln

School District:Davidson County Schools

Name	Grades	Distance
Tyro Elementary 450 Cow Palace Road, Lexington, NC 27295	K-5	1.8 mi
Tyro Middle 2946 Michael Road, Lexington, NC 27295	6-8	1.2 mi
West Davidson High 200 Dragon Drive, Lexington, NC 27295	9-12	1 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 206 Penny Ln

Date

Details

Price

Change

Source

10/10/2025

Sold

$195,000

-2.45%

MLS

9/06/2025

Listed

$199,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
Updated 9 hours ago

3
Beds
2
Total Baths

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Just Listed

$220,000

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Lots/Land
Active
Updated 5 days ago

4.89
Acres

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Just Listed

$317,240

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Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths

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Just Listed

$239,500

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Single Family
Active
Updated 4 hours ago

3
Beds
2
Total Baths

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Price Reduced

-$5,000 (-1.59%)

$309,900

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Single Family
Active
Updated 21 hours ago

3
Beds
2
Total Baths

165 Lakeview Church Rd, Linwood, NC 27299 - Photo 1

Price Reduced

-$4,100 (-1.72%)

$234,900

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Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths

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Price Reduced

-$15,000 (-4.11%)

$350,000

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Single Family
Active
Updated 2 days ago

2
Beds
2
Total Baths

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Price Reduced

-$9,900 (-2.48%)

$390,000

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Single Family
Active
Updated 2 days ago

4
Beds
3
Total Baths

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Sold

$195,000

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Single Family
Closed

2
Beds
1
Total Bath

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Sold

$195,000

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Single Family
Closed

2
Beds
2
Total Baths

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Sold

$187,000

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Single Family
Closed

2
Beds
2
Total Baths

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Sold

$215,000

5024 Old Salisbury Rd Lexington, NC 27295

Single Family
Closed

3
Beds
2
Total Baths

206 Penny Lane, Lexington, NC 27295 (MLS# 1194564) is a Single Family property that was sold at $195,000 on October 10, 2025. Want to learn more about 206 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

206 Penny Ln Lexington, NC 27295