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TRACT Franklin Pike SE #A, Floyd, VA, 24091

1beds
1baths
527sqft
$327,500
$621price/sqft
$2,118/moest. monthly cost
$84,720/yrincome needed

About This Home

This is a pre-construction listing that is not yet built. OWNER FINANCING ONLY on this pre-construction home in Floyd. Conveniently located less than 4 miles to town & 2 miles off the Blue Ridge Parkway, this home is great as a vacation home, rental or permanent residence. The contempory sleek design and compact footprint make for a low maintenace home. The open floor plan bring in plenty of light. Solid wood cabintery, granite counter tops and on-demand water heater are just some of the upgrades. Enjoy all the arts & activities that Floyd has to offer. Detail specs & floor plans available under Documents. Other models are available but prices will vary. Financing terms: 4.9%, 30 yr amortization, 3 year balloon, no prepayment with a contract for deed. There are two other lots to choose from. The septic on each lot is constructed for a 3 bedroom home allowing for expansion plans. Purchaser shall pay actual cost of installing underground electrical service.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

5/10
Floyd Elementary SchoolGrades PK-72.2 mi
7/10
Floyd County High SchoolGrades 8-122.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Metal
  • Construction materials: Other - See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other - See Remarks
  • Property subType: Detached

Interior

Appliances

  • Appliances included: None,Propane Water Heater,Tankless Water Heater

Basement

  • Area: 0

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Master Downstairs
  • Fireplace features: None
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 527

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 527
  • Total interior livable area: 527 sqft

Property

Details

  • Parcel number: 5612C

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Has view: Yes

Lot

  • Lot size: 1 Acres
  • Features: Part Cleared,Views

Parking

  • Parking features: None,Gravel
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Drought
Inland Flooding
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
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 $1,656$19,872
Home Insurance *$135$1,620
Property Taxes $125$1,500
Electricity $202$2,433
Total$2,118$25,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,617/yr
40% on housing$63,540/yr
45% on housing$56,480/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.6%
7.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$621This listing

vs Other Active Listings

Avg $/sqft

ZIP 24091$203
Floyd County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 24091
Floyd County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Listed for sale$327,500

New Construction

AgentCraig Chancellor
BrokerageRe/Max Dominion

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