Listed at
$195,000
$78/sqft

1st Railroad Add

500 Rowland Street, Tracy, MN, 56175
3  Bedrooms2  Bathrooms2,498  Square Feet0.241  Acres
Days on market64
Year built1986
Garage spaces2
TypeResidential
Est. $2,850buyer credit when you buy with SODL
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About this home

Welcome to this well-maintained single-story home positioned on a large corner lot with a fully fenced backyard! From the moment you step inside, you’ll notice a layout that simply makes sense—open, comfortable, and easy to live in. The main level features an open-concept design connecting the kitchen, dining, and living areas, creating a natural flow for both daily living and entertaining. You’ll find two main floor bedrooms, including the primary, along with convenient main floor laundry and direct access to the backyard deck. The main level also includes a full bathroom plus an additional half bath, giving you flexibility for guests and day-to-day use. The lower level is where this home really separates itself from others in this price range. You’ll find a spacious family room, a third bedroom, and a fully roughed-in space for a third full bathroom—already set up and ready for completion, making future expansion simple and cost-effective. In addition, the layout of the family room allows for the easy addition of a fourth bedroom with the installation of one wall, without sacrificing usable living space. This home has been thoughtfully updated and well cared for, including new garage doors and exterior paint (2021), new shingles (2022), furnace and water heater (2022), radon mitigation installed, along with fresh interior paint, new carpet, and updated finishes throughout. The overall condition is clean, cohesive, and truly move-in ready. Outside, enjoy a fully fenced backyard with wood privacy fencing, along with both a deck and patio—perfect for relaxing or entertaining. The attached heated two-stall garage provides additional space and flexibility that can be hard to find. If you’re looking for a home that offers a great layout today with clear, easy potential to grow into tomorrow, this one checks every box.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1986
LevelsOne
Living area2,498 sqft
Above-grade finished1,388 sqft
Below-grade finished1,110 sqft
Lot size0.241 acres (105x100)
Days on market64
ListedMar 25, 2026
MLS #NST7042078
CountyLyon
Subdivision1st Railroad Add
Parcel #311020430

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Electric Water Heater, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 28x24 · 672 sqft
Parking features
Attached Garage, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Patio & porch
Deck, Patio
Exterior features
Fiber Board
Fencing
Full, Privacy, Wood

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Other · 1,388 sqft
Roof
Age 8 Years or Less, Architectural Shingle
Year built
1986

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision
1st Railroad Add
HOA
No HOA
School district
2904 - Tracy Area
High school district
Tracy Area

Financial & listing details

Annual tax
$3,114 (2026)
Tax with assessments
3972
Listed
Mar 25, 2026
Days on market
64 · 12 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths1
1/4 baths0
BasementEgress Window(s), Finished, Full, Storage Space
HeatingForced Air
CoolingCentral Air
LaundryLaundry Room, Main Level
AppliancesDishwasher, Electric Water Heater, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room
AmenitiesDeck, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Patio, Washer/Dryer Hookup
AccessibilityNone
Special featuresMain Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorFiber Board
RoofAge 8 Years or Less, Architectural Shingle
FoundationOther
Foundation area1,388 sqft
Patio/porchDeck, Patio
Lot featuresCorner Lot, Tree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Garage spaces2
Garage size672 sqft

Financial details

Annual taxes$3,114
Tax year2026
Taxes w/ assessments3972
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2904 - Tracy Area
District number2904
District phone5076295500
High schoolTracy Area
SODL flat fee brokerage
$2,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,850

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,349/mo
Principal & interest$1,025
Property taxes$260
Home insurance (est.)$65
%
$39,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

500 Rowland Street, Tracy, MN, 56175

Listing information

MLS #NST7042078
StatusClosed
Last updatedMay 29, 2026, 5:14 PM
Originally listedMar 25, 2026, 4:41 PM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.