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1 Covey Ct

Lexington, NC 27292

3 bd 3 ba 1,593 sqft Built 2022 Lot 6,098 sqft single_family
Most recent sale
$265,990
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $265,990 MLS #1062535
Mar 17, 2022 Listed $265,990 MLS #1062535

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,930 $45,000 $197,930 $2,573
2023 $147,170 $45,000 $192,170 $2,498
2022 $45,000 $45,000 $585

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,593 sqft
Lot size
6,098 sqft
ZIP code
27292
City
Lexington
Street
Covey Ct
Coordinates
35.81641, -80.27593

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,151
Gross rental yield
9.70%
Implied cap rate
6.31%
Trend-extrapolated value

Frequently asked questions

When did 1 Covey Ct last sell?
1 Covey Ct most recently sold on Sep 23, 2022 for $265,990.
What is the current tax assessment for 1 Covey Ct?
The most recent total assessment for 1 Covey Ct (year 2025) is $197,930 with $2,573 in property tax.
How does 1 Covey Ct's assessment compare to its last sale price?
The current assessment is 25.6% below the last sale price of $265,990.
When was 1 Covey Ct built?
1 Covey Ct was built in 2022.
How does 1 Covey Ct compare to others on Covey Ct?
We track 8 other properties on Covey Ct. Browse the list under "Other properties on Covey Ct" to compare beds, baths, and sale history.
What are the property facts for 1 Covey Ct?
1 Covey Ct is a 3 bed, 3 bath, 1,593 sqft, 6,098 sqft lot single_family.
Is 1 Covey Ct a flip candidate?
No — 1 Covey Ct does not appear in our flips dataset.
Is 1 Covey Ct a tax-appeal candidate?
No — 1 Covey Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.8%
Implied 1-yr
-19.0%
2026 Q3
$252.1K
2026 Q4
$234.8K
ZIP 27292 — Median Price History + Forecast

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