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$125,000

  • For Sale
  • Active
  • Lots/Land
  • 0.14 Acres
  • Updated 10 days ago
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2024 Park Model Home LIKE NEW in the gated community of Lake Royale. Come see this 2 bedroom, 1 bathroom park model with new appliances and a loft for extra space. There is a storage building for any lake toys and lots of space for parking. Lake Royale is a golf-cart-friendly lake community with active social clubs, fishing tournaments, and seasonal events. There are beaches, a waterfront clubhouse & pavilion, restaurant, swimming pool, miniature golf, tennis/basketball/pickleball courts, boat ramps, and an 18-hole golf course named "The River".

Full Property Details for 105 Mustang Dr

General

  • Price: $125,000
  • Taxes: $633
  • Status: Active
  • Type: Lots/Land
  • Source: 2218
  • MLS ID: 10192781
  • Updated: 9/15/2026
  • Added to Site: 11 day(s) ago

Additional Information

  • Pool: Yes

Location

  • County: Franklin
  • Subdivision: Lake Royale
  • Driving Directions: From Raleigh, take 401N to 98E toward Bunn, Turn Right on Sledge Rd., Turn Left into the community of Lake Royale on Cheyenne Drive, Turn Left on Shawnee Drive, Turn Right onto Eagle Drive, Turn Left onto Blackhawk Drive, and then Turn left on Mustang Drive. The property is on the left.

School Information

  • Elementary School: Franklin - Bunn Elementary
  • Middle School: Franklin - Bunn Middle
  • High School: Franklin - Bunn High

Community

  • Association: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Connected, Septic Connected

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: See Remarks
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Dimensions: 60 x 102
  • Frontage: 2 Lane Road
  • Street/Road Desc.: Asphalt
  • Fence: Yes
  • Lot Features: See Remarks
  • Best Use: See Remarks
  • Zoning: FCO R-30
  • Fencing (Description): None

Financial Considerations

  • Price Per Acre: $892,857.14
  • Assoc Fee Freq.: Annually
  • Tax Amount: $633.49

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 23372
  • Lot Number: 101

Listed by NorthGroup Real Estate, Inc., Leigh Blackman-Carter (919) 909-5991

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Listing agent

— 105 Mustang Dr —

  • Leigh Blackman-Carter

    NorthGroup Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 105 Mustang Dr

School District:Franklin County Schools
NameGradesDistance
Edward Best Elementary
4011 North Carolina 56, Louisburg, NC 27549
PK-57.4 mi
Bunn Middle
4742 North Carolina 39, Bunn, NC 27508
6-83.1 mi
Bunn High
29 Bunn Elementary School Road, Bunn, NC 27508
9-123.3 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 105 Mustang Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2026
Listed
$125,000
354.55%
MLS
5/14/2026
Sold
$27,500
—
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 105 Mustang Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$804
217%
$91,840
507%
2024
$254
—
$15,120
148%
2023
$253
4%
$6,100
—
2022
$243
-30%
$6,100
—
2021
$345
—
$6,100
—
2020
$346
48%
$6,100
—
2019
$234
5%
$6,100
—
2018
$222
-3%
$6,100
-2%
2017
$230
271%
$6,220
—
2016
$62
-60%
$6,220
—
2015
$155
12%
$6,220
—
2014
$138
-5%
$6,220
—
2013
$146
—
$6,220
—
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.

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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 NorthGroup Real Estate, Inc., Leigh Blackman-Carter (919) 909-5991

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105 Mustang Drive, Louisburg, NC 27549 (MLS# 10192781) is a Lots/Land property with a lot size of 0.14 acres. 105 Mustang Drive is currently listed for $125,000 and was received on September 15, 2026. Want to learn more about 105 Mustang Drive? Do you have questions about finding other Lots/Land real estate for sale in Louisburg? You can browse all Louisburg real estate or contact a Coldwell Banker agent to request more information.

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