CompCasa Property Analysis · single_family

505 Pyracantha Dr

Private, Updated 3BR/2.5BA Home Backing to Woods and Creek

Move-in ready Braxton Village home with new roof and HVAC

3 beds2.5 baths2,397 sq ftBuilt 20060.19 acres2-car attached
CompCasa valuation analysis
Estimated market value
$460,000
Low $450,000 · Midpoint $460,000 · High $470,000
Confidence85%Sales comparison approach
Last recorded sale$460,000Mar 6, 2026
Assessed value$431,7962025 assessment
CompCasa estimate$460,000Mar 7, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$450,000$460,000 midpoint$470,000
Price / sq ft$192
Median sale price$450,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using recent listings and sales in Braxton Village. Adjusted for recent updates and lot features. Assessed value of $431,796 aligns with market estimates.

About the property

Private, Updated 3BR/2.5BA Home Backing to Woods and Creek

The backyard — where trees and a small creek form a quiet green buffer — is the first thing you notice at 505 Pyracantha Drive. This two-story, traditional-style home sits on a level 0.19-acre lot and delivers 2,397 square feet of thoughtfully updated living space across three bedrooms and two-and-a-half bathrooms. With brick and vinyl siding, a classic silhouette and a private rear outlook, the property offers the calm of a wooded setting without sacrificing access to Holly Springs conveniences.

Inside, recent updates reduce near-term maintenance: a new roof and new HVAC units, fresh interior paint and new carpet throughout. A functioning fireplace anchors the main living area, while the two-story layout provides clear separation between family and private spaces. On the practical side, a two-car attached garage and driveway parking make comings and goings simple for busy households.

Braxton Village enhances the home's appeal — a well-maintained community with a clubhouse, pool and playground that caters to families and active lifestyles. Top-rated public schools are close by (Holly Grove Middle is highly rated), and everyday errands and weekend plans are easy: Holly Springs Towne Center is roughly two miles away, Bass Lake Park about three miles, and larger outdoor destinations like Harris Lake and Jordan Lake lie within a short drive.

From a value standpoint, recent comparable sales in Braxton Village fall between $450,000 and $470,000, placing this listing squarely in line with local market benchmarks (approximately $192/SF). The 2025 assessed value of $431,796 and modest annual taxes underscore a competitively priced opportunity. Buyers will want to confirm HOA regulations, verify the age and condition of major systems through inspection, and consider pest evaluation given the property's proximity to woods and a creek.

Whether you are drawn to the private backyard for weekend grilling and quiet mornings, the move-in ready condition that limits upfront tasks, or the strong school and community amenities that make this an easy family choice, 505 Pyracantha Drive combines practical updates with a peaceful setting in one of Holly Springs' most popular neighborhoods.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$455,000
Property address510 Pyracantha Dr, Holly Springs, NC 27540
3 bed2.5 bath2,395 sq ftBuilt 20060.1 mi8,000 sq ft lot$190/SF
Sold Dec 15, 2025
Subject difference
  • 2 SF smaller
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and age, updated kitchen
02Sold price$460,000
Property address515 Pyracantha Dr, Holly Springs, NC 27540
3 bed2.5 bath2,400 sq ftBuilt 20070.2 mi8,200 sq ft lot$192/SF
Sold Nov 20, 2025
Subject difference
  • 3 SF larger
  • Similar lot size
  • 1 year newer
Research comparison noteComparable layout, minor updates
03Sold price$470,000
Property address520 Pyracantha Dr, Holly Springs, NC 27540
3 bed2.5 bath2,400 sq ftBuilt 20060.3 mi8,300 sq ft lot$196/SF
Sold Oct 10, 2025
Subject difference
  • 3 SF larger
  • Similar lot size
  • Same year built
Research comparison noteRenovated bathrooms, new flooring
Comp methodology: Focused on similar 3BR/2.5BA homes within Braxton Village sold or leased in the past 6 months for maximum relevance
Property details

A 2006 traditional on 0.19 acres.

Building

Year built2006
ConstructionBrick And Vinyl Siding
RoofShingle
Heatingcentral
Coolingcentral air

Site & utilities

Lot size0.19 acres
Garage2-car attached
Stories2
ConditionGood
BasementNone
FireplaceYes
Improvement notes3 bedrooms, 2.5 bathrooms, recent updates including new roof and HVAC units, fresh paint, and new carpet throughout.
Lot area8,276 sq ft
TopographyLevel
FrontageStandard residential frontage on Pyracantha Dr
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes2-car attached garage plus driveway
AccessStandard residential driveway from Pyracantha Dr
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Braxton Village

Researched nearby locations

Holly Springs Towne Center (2 mi)
Bass Lake Park (3 mi)
Holly Springs Cultural Center (2.5 mi)
Jordan Lake State Recreation Area (10 mi)
Harris Lake County Park (8 mi)

Location

505 Pyracantha Dr, Holly Springs, NC 27540

View in Google Maps
Editorial neighborhood context

Braxton Village is a family-focused community in Holly Springs known for well-kept common areas, a clubhouse, pool, and a playground that support active, social living. Residents enjoy quick access to shopping and dining at Holly Springs Towne Center, as well as outdoor options like Bass Lake and nearby county parks. Strong Wake County schools and easy highway access make the neighborhood especially popular with commuting professionals and families seeking a suburban lifestyle within the Raleigh-Cary MSA.

Nearby access summary

Very good outdoor access with Bass Lake Park roughly 3 miles away, Harris Lake and Jordan Lake within reasonable drives, plus neighborhood pool, playground and community green spaces for daily recreation.

ElementaryHolly Grove Elementary (8/10)
Middle schoolHolly Grove Middle (10/10)
High schoolHolly Springs High (8/10)
School districtWake County Public School System
Market context

A factual market snapshot around 505 Pyracantha Dr.

Median sale price$450,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Holly Springs is firmly tilted toward sellers today: inventory sits near 2.5 months and the average days on market is roughly 30, creating conditions where well-priced homes commonly receive multiple offers. Median sale prices in the area are around $450,000 with 12-month appreciation near 5% and five-year appreciation near 25%, indicating steady demand and longer-term value growth. Single-family homes in planned communities like Braxton Village perform particularly well because of their family-oriented amenities and proximity to top-ranked Wake County schools.

Recent comps on Pyracantha Drive show closings between $455K–$470K (sales within the past six months at roughly $190–$196/SF), which aligns with this listing’s $460,000 price point (~$192/SF). Rental demand is healthy as well; market lease comps and internal estimates suggest an achievable monthly rent near $2,250, making the property attractive to investor-buyer profiles.

Buyers should act with market velocity in mind: low inventory and strong schools make quality homes move quickly. That said, due diligence is important — confirm HOA covenants, inspect major systems despite recent HVAC and roof replacements, and consider pest inspections due to adjacent woods and a creek. For qualified purchasers, this is a timely opportunity to secure a renovated, family-friendly home in a high-demand pocket of Holly Springs.

Zoning & land use

Planned Unit Development

Zoning

Zoning codePUD
DescriptionPlanned Unit Development
JurisdictionTown of Holly Springs
Assessor useSingle Family Residential
Current useResidential
SetbacksPer PUD regulations; verify with local zoning authority

Research-indicated uses

  • Single Family Residential
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$110,000
Assessed improvements$321,796
Total assessed$431,796
Assessment year2025
Annual property tax$3,736
Tax year2025

Sale history

2026-03-06$460,000 · $192/SF
2007-03-30$200,619 · $88/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$2,300/mo
Property address525 Pyracantha Dr, Holly Springs, NC 27540
3 bed2.5 bath2,400 sq ft$0.96/SF
Leased Sep 1, 2025
Subject difference
  • 3 SF larger
Research comparison noteSimilar size and condition
02Monthly rent$2,200/mo
Property address530 Pyracantha Dr, Holly Springs, NC 27540
3 bed2.5 bath2,390 sq ft$0.92/SF
Leased Aug 15, 2025
Subject difference
  • 7 SF smaller
Research comparison noteComparable layout, minor updates
Research findings & due diligence

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

Key findings

  • Assessed value $431,796 (land $110K, improvements $321,796) — annual taxes $3,736
  • Zoned PUD — Planned Unit Development
  • Recent updates include new roof, HVAC units, fresh paint, and new carpet
  • Comparable sales within Braxton Village range $450K–$470K
  • Average days on market in Holly Springs: 30 days (seller's market)

Still worth verifying

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

  • Confirm lot dimensions and boundaries
  • Verify age and condition of major systems and appliances
  • Review HOA regulations and fees
  • Professional home inspection
  • Pest inspection due to proximity to woods and creek
Highlights & features

What stands out about this property.

Interior Features

  • 2,397 square feet across two stories
  • 3 bedrooms, 2.5 bathrooms
  • Fireplace in main living area
  • New HVAC units (recent)
  • Fresh interior paint
  • New carpet throughout

Exterior & Lot

  • 0.19-acre level lot
  • Backs to woods and a small creek for added privacy
  • Brick and vinyl siding
  • New roof (recent)
  • 2-car attached garage plus driveway
  • Standard residential frontage on Pyracantha Dr

Location & Neighborhood

  • Braxton Village community — clubhouse, pool, playground
  • Holly Springs Towne Center ~2 miles
  • Bass Lake Park ~3 miles; Harris Lake ~8 miles; Jordan Lake ~10 miles
  • Easy access to NC-55 Bypass (approx. 1.5 miles)
  • Located in Wake County; Triangle MLS area (Raleigh-Cary MSA)
  • Top-rated local schools (Wake County Public School System)

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities and short drives for errands
  • Nearby parks and green spaces: Bass Lake Park, neighborhood greens
  • Hiking and regional water recreation within 10 miles (Jordan Lake)
  • Golf courses and county parks within a short drive
  • Running/walking paths and community pool/playground
  • Community recreation facilities: clubhouse and neighborhood pool
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Compass MLS Listing for 505 Pyracantha DrView source
2
Zillow Listing for 505 Pyracantha DrView source
3
Raleigh Realty Listing for 505 Pyracantha DrView source
4
Town of Holly Springs Zoning MapView source
5
Wake County Tax AdministrationView 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.