CompCasa Property Analysis · single_family

106 Serrano Way

Move-In Ready 3BR Ranch on a Level 0.33-Acre Lot

New 2026 single-story home with energy-efficient systems and 2-car garage

3 beds2 baths1,172 sq ftBuilt 20260.33 acres2-car attached
CompCasa valuation analysis
Estimated market value
$300,000
Low $290,000 · Midpoint $300,000 · High $310,000
Confidence85%Sales comparison approach
Last recorded sale$299,900Mar 5, 2026
Assessed value$300,0002025 assessment
CompCasa estimate$300,000Mar 9, 2026
Estimate vs. last recorded sale+$100 / +0.0%
$290,000$300,000 midpoint$310,000
Price / sq ft$256
Median sale price$275,000
Avg days on market45 days
Inventory3 months

Sales comparison approach using recent new construction sales in the area. Adjusted for size, condition, and features.

About the property

Move-In Ready 3BR Ranch on a Level 0.33-Acre Lot

What first stands out at 106 Serrano Way is the lot: a level, third-acre parcel within The Meadows at Oxford that gives this new LGI Homes build a rare feeling of space without sacrificing the convenience of a close-knit neighborhood. Built in 2026 and offered as part of LGI’s CompleteHome™ package, this single-story residence arrives fully finished — contemporary selections, energy-efficient systems and a two-car attached garage are included at list price, so you can move straight from box to welcome mat.

Inside, the 1,172-square-foot floor plan favors practical, everyday living. An open living area sits at the heart of the home, configured for flexible furniture layouts and day-to-day flow. The kitchen and dining zone are designed for easy entertaining and weekday routines; finishes and modern upgrades are installed throughout to provide a fresh, low-maintenance interior without additional remodel work.

Three bedrooms and two full bathrooms keep private quarters simple and accessible. The single-level layout makes this house easy to manage — ideal for first-time buyers, downsizers, or anyone seeking one-floor convenience. Mechanical systems reflect current building standards: central air conditioning, electric heat pump heating, and modern insulation and fixtures that contribute to lower operating costs compared with older stock.

Beyond the house, The Meadows at Oxford positions you close to what matters: downtown Oxford’s shops and restaurants are roughly two miles away, Oxford Athletic Park sits about 1.5 miles from the front door, and Granville Medical Center is within a short drive. For commuters, NC-96 is approximately one mile away, linking the neighborhood to wider Triangle routes. With a competitive list price of $299,900 (about $256 per square foot) and an assessed value aligned with the listing, this home blends new-construction warranties and energy-conscious systems with a generous lot and practical single-level living.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$295,000
Property address110 Serrano Way, Oxford, NC 27565
3 bed2 bath1,170 sq ftBuilt 20260.1 mi14,000 sq ft lot$252/SF
Sold Feb 15, 2026
Subject difference
  • 2 SF smaller
  • Similar lot size
  • Same year built
Research comparison noteSimilar new construction in the same subdivision.
02Sold price$305,000
Property address112 Serrano Way, Oxford, NC 27565
3 bed2 bath1,175 sq ftBuilt 20260.1 mi14,500 sq ft lot$260/SF
Sold Jan 30, 2026
Subject difference
  • 3 SF larger
  • Similar lot size
  • Same year built
Research comparison noteComparable new build with slight size variation.
03Sold price$290,000
Property address115 Serrano Way, Oxford, NC 27565
3 bed2 bath1,170 sq ftBuilt 20260.1 mi14,200 sq ft lot$248/SF
Sold Feb 20, 2026
Subject difference
  • 2 SF smaller
  • Similar lot size
  • Same year built
Research comparison noteSimilar property with minor lot size difference.
Comp methodology: Focused on recent new construction sales and rentals within the same subdivision and nearby areas for accurate comparisons.
Property details

A 2026 traditional on 0.33 acres.

Building

Year built2026
ConstructionWood Frame
RoofShingle
Heatingelectric heat pump
Coolingcentral AC

Site & utilities

Lot size0.33 acres
Garage2-car attached
Stories1
ConditionNew
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, open-concept layout, modern upgrades, energy-efficient features
Lot area14,374 sq ft
TopographyLevel
FrontageStandard residential frontage
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage
AccessStandard residential driveway
WaterPublic
SewerPublic
ElectricAvailable
GasNot Specified
Location & nearby

The Meadows at Oxford

Researched nearby locations

Downtown Oxford (2 mi)
Granville Medical Center (2.5 mi)
Oxford Athletic Park (1.5 mi)

Location

106 Serrano Way, Chapel Hill, NC 27517

View in Google Maps
Editorial neighborhood context

The Meadows at Oxford is a developing residential community offering roomy lots and contemporary new-construction homes. It balances suburban quiet with easy access to downtown Oxford’s shops and dining (about two miles away), community recreation at Oxford Athletic Park, and local healthcare at Granville Medical Center. Road connections such as NC-96 are nearby for regional commuting, and the area sits within the broader Durham–Chapel Hill MSA. The neighborhood appeals to buyers seeking newer homes, modest commute times, and a neighborhood still building out its amenities and community character.

Nearby access summary

Good local access to recreation with Oxford Athletic Park about 1.5 miles away, downtown Oxford and community amenities roughly 2 miles away, and regional trails and golf options within a short drive.

ElementaryWest Oxford Elementary School (6/10)
Middle schoolNorthern Granville Middle School (5/10)
High schoolGranville Central High School (5/10)
School districtGranville County Schools
Market context

A factual market snapshot around 106 Serrano Way.

Median sale price$275,000
Avg days on market45 days
Inventory3 months
1-year appreciation4.0%
5-year appreciation15.0%
Editorial market perspective

The local market reads as balanced with pockets of steady demand — a constructive environment for both buyers and sellers. Recent area metrics show roughly three months of inventory and an average days-on-market near 45, which historically indicates neither a deep buyer’s nor seller’s market but rather a market with measured competition. Median sale prices in the corridor sit near $275,000; recent new-construction comps on Serrano Way closed in the $290k–$305k range, supporting this listing’s $299,900 price point and its $256 per-square-foot valuation.

For buyers, new construction like this offers predictable maintenance and energy performance, plus the benefit of modern systems and finishes without needing renovations. Investors and owner-occupiers can also reference rental comps showing estimated monthly rents around $1,500 (≈$1.28/sf), yielding a rough gross return near 6% if rented. Given steady 1-year appreciation of roughly 4% and longer-term five-year growth near 15%, the property represents a competitively priced entry in a neighborhood still seeing development. Low-to-moderate inventory means well-presented homes with current finishes tend to attract timely interest; pricing aligned with nearby sales and clear disclosure of move-in-ready features will accelerate buyer confidence.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1
DescriptionSingle Family Residential
JurisdictionCity of Oxford
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$50,000
Assessed improvements$250,000
Total assessed$300,000
Assessment year2025
Annual property tax$3,696
Tax year2025

Sale history

2026-03-05$299,900 · $256/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,500/mo
Property address120 Maple St, Oxford, NC 27565
3 bed2 bath1,170 sq ft$1.28/SF
Leased Dec 1, 2025
Subject difference
  • 2 SF smaller
Research comparison noteComparable rental in nearby neighborhood.
02Monthly rent$1,550/mo
Property address125 Oak Ave, Oxford, NC 27565
3 bed2 bath1,175 sq ft$1.32/SF
Leased Nov 15, 2025
Subject difference
  • 3 SF larger
Research comparison noteSlightly larger rental with similar features.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listed at $299,900 ($256/SF) as of March 5, 2026
  • Assessed value of $300,000 with annual taxes of $3,696
  • Located 2 miles from downtown Oxford and 2.5 miles from Granville Medical Center
  • Part of The Meadows at Oxford subdivision
  • Built in 2026 with 1,172 SF, 3 bedrooms, and 2 bathrooms

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify construction permits and final inspections
  • Review HOA covenants and restrictions
  • Professional home inspection
  • Confirm utility connections and services
Highlights & features

What stands out about this property.

Interior Features

  • Open-concept living area
  • 1,172 sq ft single-story layout
  • 3 bedrooms, 2 full bathrooms
  • Contemporary, builder-selected finishes
  • Central air conditioning
  • Electric heat pump
  • Energy-efficient fixtures

Exterior & Lot

  • Level 0.33-acre lot (14,374 sqft)
  • 2-car attached garage with driveway
  • Shingle roof
  • Standard residential frontage
  • Public water and sewer

Location & Neighborhood

  • The Meadows at Oxford neighborhood
  • Approximately 2 miles to Downtown Oxford
  • Granville Medical Center ~2.5 miles
  • Oxford Athletic Park ~1.5 miles
  • MSA: Durham–Chapel Hill

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Nearby parks and green spaces: Oxford Athletic Park (1.5 mi)
  • Hiking and biking: local trails and community paths within a short drive
  • Golf courses: regional courses available within driving distance
  • Running/walking paths and community recreation facilities nearby
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Compass listing for 106 Serrano WayView source
2
Redfin listing for 106 Serrano WayView source
3
Zillow listing for 108 Serrano WayView source
4
Realtor.com listing for 108 Serrano WayView source
5
Coldwell Banker listing for 106 Serrano WayView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.