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135 Foxworth Dr
Lexington, SC

135 Foxworth Dr

$477,000
4 bd • 2 ba • 3,585 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$477,000

Price/Sq.Ft

$133

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

The property at 135 Foxworth Dr, Lexington, SC offers exceptional value with a spacious 3,585 sqft layout at just $133.05/sqft, which is approximately 30% below the average price per square foot for similar homes in Lexington. The 4-bedroom, 2-bathroom configuration provides ample space for families or those needing extra rooms for offices or guests. The home's setting, nestled among mature trees, offers privacy and a serene environment, potentially reducing cooling costs and providing natural beauty. The large lot size, evident from the image, allows for future expansion, gardening, or outdoor living spaces. At $477,000, the property is priced competitively for its size in the Lexington market, where the median income is $92,026.

The Bad

The property's age is unknown, which could indicate potential hidden maintenance issues or outdated systems. The lack of listed features suggests possible need for updates or renovations to meet modern standards. The image shows a gravel or dirt driveway, which may require maintenance or upgrading. The property's distance from key amenities in Lexington is unclear, potentially impacting convenience and commute times. With only 2 bathrooms for a 4-bedroom home of this size, there may be limitations in functionality for larger families or frequent guests.

The Ugly

The absence of utility information raises concerns about potential issues with HVAC, electrical, or plumbing systems, which could lead to significant unexpected costs. The wooded setting, while beautiful, increases the risk of pest infestations, particularly termites which are common in South Carolina. This environment also elevates the risk of storm damage from falling trees. The property may be in a flood-prone area due to its lush surroundings, potentially requiring costly flood insurance. The lack of visible neighbors in the image suggests a more isolated location, which could lead to longer emergency response times and reduced access to public services.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for buyers with household incomes around $120,000-$150,000, based on a 28% front-end debt-to-income ratio for a $477,000 home. It's perfect for families or professionals seeking a spacious home in a natural setting, valuing privacy and outdoor space over urban convenience. The large square footage makes it suitable for multi-generational families or those needing home office spaces. Investors could also find value, with potential rental income of $2,070/month for a 4-bedroom home in Lexington, suggesting a gross rental yield of about 5.2% annually.

Not For

This property is not suitable for first-time homebuyers or those with limited budgets, given the potential for high maintenance and upgrade costs. Individuals or couples seeking a low-maintenance lifestyle or preferring urban amenities should look elsewhere. The property may not suit those with mobility issues due to the multi-level design and potentially uneven outdoor terrain. Buyers looking for modern, move-in ready homes with up-to-date amenities may find this property requiring too much work or investment.
Demographics
Area Median Income

$92,026

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Risk Assessment

Risk Analysis

The unknown age of the property poses a significant risk, potentially hiding major system failures or needed upgrades. The wooded environment increases fire risk and may lead to higher insurance premiums. Potential zoning changes or nearby development could impact property value and the current private setting. The large lot size might incur higher property taxes and maintenance costs. Given Lexington's rapid growth, future infrastructure projects could affect the property's tranquility or access. The possible presence of a well and septic system (common in rural Lexington properties) could require expensive maintenance or upgrades to meet current standards.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$414,500

-13.1% below list price

Median Price

$440,000

Based on 3 recent sales

Price per Sq.Ft

$120

Comparable Properties

413 Pine Knot Court, Lexington, SC 29073
Price: $494,500
Sq.Ft: 3,585
Beds/Baths: 5/3
$/Sq.Ft:
$1383.7%
Sale Date: 10/3/2024
908 Roper Mountain Court, Lexington, SC 29073
Price: $440,000
Sq.Ft: 3,750
Beds/Baths: 4/3
$/Sq.Ft:
$11711.8%
Sale Date: 9/4/2024
127 Timbergate Drive, Lexington, SC 29073
Price: $309,000
Sq.Ft: 2,942
Beds/Baths: 3/3
$/Sq.Ft:
$10521.1%
Sale Date: 9/4/2024

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