121 Mustang Drive Louisburg, NC $ 42,000
121 Mustang Drive
$ 42,000
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121 Mustang Drive

Louisburg, NC, 27549
$ 42,000
Baths0.0

Monthly Estimate*

$ 259

121 Mustang Drive, Louisburg, NC 27549 - Image 1
121 Mustang Drive, Louisburg, NC 27549 - Image 2
121 Mustang Drive, Louisburg, NC 27549 - Image 3
121 Mustang Drive, Louisburg, NC 27549 - Image 4
121 Mustang Drive, Louisburg, NC 27549 - Image 5
121 Mustang Drive, Louisburg, NC 27549 - Image 6
Studio

Lots and Land for sale in Louisburg, NC

for $42,000. The lot size is 0.36.

Located on a corner lot inside the gated community of Lake Royale in Louisburg, this .36-acre property offers a great opportunity to enjoy both privacy and access to a variety of neighborhood amenities. With septic already on site and water connected, the lot is ready for flexible use while providing added convenience. A wired storage building offers functional space for tools, hobbies, or workshop needs, making it easy to store equipment or create a dedicated project area. As part of the Lake Royale community, residents enjoy access to a wide range of recreational amenities including basketball courts, tennis courts, a volleyball court, beach access along the lake, park areas, and a community laundry center, creating an environment designed for both relaxation and outdoor activity. The corner lot setting provides additional openness and visibility while still maintaining the security and sense of community that comes with gated living in Lake Royale.

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Lots and Land Active

Price

$ 42,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 241

Style

Residential Land

Lot Size

0.36

Town/City

Louisburg

County/Region

Franklin

MLS | Web ID

100558381

Features
General
Utilities Water Connected
Possession Close Of Escrow At Closing
Zoning FCO R-30
HOA Fee 1192.8
Topography Cleared/Partial
Property Subtype Residential Land
Tax Year 2025
Taxes 241.9
Parcel Number 022652
Assoc Fee Paid Per Annually
County Franklin
New Construction N
Property Type Land
In City Limits? (Y/N) N
Association Amenities Waterfront Community Basketball Court Clubhouse Coin Laundry Gated Golf Course Laundry Maintenance Common Areas Park Picnic Area Playground Racquetball Shuffleboard Court Trail(s) Pool
HOA Y
Attached Garage N
Subdivision Name Lake Royale
Garage Y/N N
Other Structures Shed(s)
Status Active
Directions Take Sledge Rd to Cheyenne Dr. Turn onto Cheyenne Dr. Turn left onto Shawnee Dr. Turn right onto Eagle Dr. Turn left onto Blackhawk Dr. Turn left onto Mustang Dr. Property on the left.
High School Bunn
City Louisburg
Association Name Lake Royale Property Owners Association
Lot Size Units Acres
Lot Size Square Feet 15682.0
Carport Y/N N
Elementary School Edward Best
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions No Lockbox Show Anytime
Home Warranty Y/N N
Middle/Junior High School Bunn
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 23140
Legal Description Camper On Lot
AFH 440
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Exterior
Lot Features Corner Lot
Water Source Community Water
Lot Size Area 0.36
Buildings On Property Shed(s)
Spa N
Lot Size Acres 0.36
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 121
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* Excluded Features
List By
Jason Walters Real Estate Team

Listing Agent

Exp Realty Llc - C

Broker

listings@waltersteam.com

Email

Affordability Calculator

$279
Per Month
93%
7%
0%
Monthly Principal & Interest
$259
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736732 Elementary School
4735798 Middle School
Bunn High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$42,000 Listed Price

Map


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121 Mustang Drive, Louisburg, NC, 27549 is a Lots and Land for sale at $42,000 with a lot size of 0.36. 121 Mustang Drive is a studio with 0.0 baths. The property's zip code is 27549 which is in Louisburg, NC