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OVERVIEW
300 Winston St, Thomasville, NC 27360
Priced at $80,000, this 1,286 sqft Thomasville home comes in at just $62/sqft against a renovated comp average of ~$158k — a spread of roughly $78k for buyers who want to capture maximum equity. Thomasville sits 13 minutes from High Point and within 30 minutes of both Greensboro and the broader Triad employment corridor, with Novant Health Thomasville Medical Center right in the city as a steady local employer and tenant draw. The 2024 roof and 2024 HVAC are already in — two of the biggest-ticket rehab line items are off the table before you swing a hammer. With a gross yield at asking of ~14.3%, this one pencils for hold buyers as much as it does for flippers.
Comp Avg (Sold): ~$158,000 (~$187/sqft) | For Sale Avg (Renovated): ~$220,000 Rent Avg: ~$950/mo | Gross Yield at Asking: ~14.3%
DETAILS
Type: Single Family
Bedrooms / Baths: 2 bed / 1 bath
Living Area: 1,286 sq ft
Year Built: 1922
Lot Size: 7,500 sq ft
Zoning: R6
Flood Zone: Low Risk
Annual Taxes: $630 (verify directly with Davidson County)
Occupancy at Closing: Vacant — Access by Appointment
Closing Date: On or before 8/10/26
Closing Attorney: Lawry Law Offices
CONDITION
- Roof: 2024
- HVAC: 2024
- 1922 build — older home, buyer should budget for cosmetic and deferred maintenance items
- Property sold as-is
COMPARABLE SALES
111 Miller St, Thomasville, NC 27360 — 1,097 sqft — $150,000 ($136.74/sqft) — Sold 5/21/26
114 Council St, Thomasville, NC 27360 — 720 sqft — $159,000 ($220.83/sqft) — Sold 2/17/26
406 Sullivan St, Thomasville, NC 27360 — 809 sqft — $165,000 ($203.95/sqft) — Sold 3/13/26
Comp Average: ~$158,000 (~$187/sqft)
Our Price: $80,000 ($62/sqft)
Your Spread: ~$78,000
Three renovated sales in Thomasville, all closed within the last four months, averaging $158k — and every one of them is smaller than this property. At $62/sqft against a comp floor of $137/sqft, the discount here is significant whether you’re flipping or holding. The 2024 roof and HVAC reduce execution risk and let a buyer focus the budget on cosmetics.
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal Closing will occur as quickly as possible, but no longer than 30 calendar days Buyer pays all closing costs — closing costs are NOT included in the asking price Taxes will be prorated and split between parties $495 transaction fee payable to Bright Home Offer LLC Closing will be conducted with our closing attorney
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing No clean-out or clean-up of any kind will be completed Property will not be broom clean at closing
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either:
Negotiate your commission/fee directly with your client, separate from the wholesale price, or Adjust the wholesale price upward to include your fee
If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.