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509 Wallace Way, Lexington, SC, 29073

2beds
3baths
1,176sqft
$209,000
$178price/sqft
$1,474/moest. monthly cost
$58,960/yrincome needed

About This Home

Granite countertops, stainless steel appliances, and an all-new 2024 HVAC systemmean the big updates are already done at 509 Wallace Way, a 1,176 sq ft home with 2.5 baths in the established Planters Station neighborhood. It's a smart fit for first-time buyers, downsizers, and investors alike. Out back, a brick patio is ready for hosting and a storage shed adds extra storage, all on a low-maintenance .09-acre lot. Zoned for Lexington County School District Two in Lexington's Oak Grove area, with easy I-20/I-26 access putting downtown Columbia about 20–25 minutes out, plus Main Street Lexington, Lake Murray, and Lexington Medical Center close by. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
Riverbank ElementaryGrades PK-52.4 mi
4/10
Northside Middle SchoolGrades 6-82.3 mi

Construction

Condition

  • Year built: 1987

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,176
  • Total interior livable area: 1,176 sqft

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 00454406031

Lot

  • Lot size: 3,920 sqft

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Heat Wave
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Lexington County and South Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,056$12,672
Home Insurance *$131$1,572
Property Taxes $83$996
Electricity $204$2,449
Total$1,474$17,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,537/yr
40% on housing$44,220/yr
45% on housing$39,306/yr

South Carolina FAIR Plan Programs

South Carolina Wind and Hail Underwriting Association

Covered
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 29073$126
Lexington County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 29073
Lexington County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$209,000
2026-07-16Price change$209,000
2026-06-18Listed for sale$215,000
2022-12-22Sold$187,000
2022-11-04Price change$188,500
2022-11-01Price change$196,500
2022-10-20Price change$199,500
2022-10-05Price change$206,950
2022-09-19Price change$208,950
2022-08-19Listed for sale$209,950
2022-03-31Sold$79,000
2001-08-07Sold$57,800
1998-07-02Sold$77,000
AgentDavid Cumbers
BrokerageKingfisher Realty

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