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$180,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 0.18 Acres
  • Updated 1 day ago
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Cute home, sweet little historic neighborhood. New flooring, fresh paint, new bathroom fixtures, new Kitchen, new windows, lots of natural light, new roof and new Heat pump! Upon entry is a cozy room good for office, gaming or a private sitting area just for you! Enter into the next room to an open concept area suitable for dining or living room/kitchen. This home with its roomy additional spaces could be used as a 2 bedroom or a 1-bedroom utilizing the large spacious area as the living room or keeping the open concept for seating or dining. Use your imagination and see how it works for you. Laundry area off the bathroom. Great price, great home. Currently working on the driveway. Yard will be easy to maintain. Awesome front porch. Privacy fencing will make it simply perfect! Neighborhood seems friendly with children bicycling in the streets. See it and open your mind to the possibilities.

Full Property Details for 708 1st Rainbow St

General

  • Price: $180,000
  • Taxes: $903
  • Status: Active
  • Type: Single Family
  • Source: Triad_MLS
  • MLS ID: 1210974
  • Updated: 3/3/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 1
  • 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: Davidson
  • Subdivision: Erlanger Mills
  • Driving Directions: Road Maintenance in progress, take 13th Ave to Hames then turn onto 1st Rainbow. Home on the right.

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, Electric
  • Heating Fuel: Electric
  • 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: 850 Sq. Ft.
  • Year Built: 1912

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 91 x 67 x 72 x 107
  • Road Maintenance: Public Maintained Road

Financial Considerations

  • Price Per Acre: $1,000,000
  • Tax Amount: $903.9
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Deed Restrictions: Yes

Listed by Land Pro Real Estate, Inc

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Listing agent

— 708 1st Rainbow St —

  • Land Pro Real Estate, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 708 1st Rainbow St

School District:Lexington City Schools
NameGradesDistance
Pickett Elementary School
200 Biesecker Road, Lexington, NC 27295
K-50.5 mi
South Lexington School
1000 Cotton Grove Road, Lexington, NC 27292
PK-K3.2 mi
Lexington Middle School
100 West Hemstead Street, Lexington, NC 27292
6-80.9 mi
Lexington Senior High School
26 Penry Street, Lexington, NC 27292
9-120.8 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 708 1st Rainbow St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/03/2026
Listed
$180,000
2471.43%
MLS
5/18/2021
Sold
$7,000
—
Public Record
Get Price Alerts and Save Property
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 for 708 1st Rainbow St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$899
151%
$69,170
151%
2024
$358
-1%
$27,560
—
2023
$361
—
$27,560
—
2022
$361
1%
$27,560
—
2021
$358
12%
$27,560
13%
2019
$320
—
$24,390
—
2018
$320
—
$24,390
—
2017
$320
—
$24,390
—
2016
$320
4%
$24,390
—
2015
$307
-14%
$24,390
-13%
2014
$355
—
$28,180
—
2013
$355
—
$28,180
—
View All
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 for 708 1st Rainbow St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Land Pro Real Estate, Inc

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708 1st Rainbow Street, Lexington, NC 27295 (MLS# 1210974) is a Single Family property with 2 bedrooms and 1 full bathroom. 708 1st Rainbow Street is currently listed for $180,000 and was received on March 03, 2026. Want to learn more about 708 1st Rainbow Street? 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.

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