481 Hitchcock Rd · Dunlap, TN 37327

$270,000

3 bd · 2.0 ba · 1,480 sqft · SingleFamily public records · 179 Days on market

Built 1997 1.24 ac lot Est $303k · 11% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.5/15.0
• Appreciation +10.0/10.0
• Cash flow +6.4/30.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• DSCR +0.7/10.0
• 1% rule +0.2/10.0

Listing remarks MLS

Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

Key facts

• She-shed
• Wood outbuilding
• Metal building

Tags

• CUSTOM HICKORY CABINETRY
• IN-GROUND STORM SHELTER
• DETACHED GARAGE
• SHE-SHED
• WOOD OUTBUILDING
• METAL BUILDING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $-468 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $187k (30.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $141k (47.7% below list).
• Recommended offer: $141k (47.7% below list) — sets the bar for 1% rule.
• Cap rate 4.2% vs local median 2.4% in Dunlap — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 60/100 on livability (#264 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A-, housing B; Watch: schools F, amenities F, commute F.
• Sequatchie County (rural): math 24% / reading 24% proficiency, ranked #95 of 139 in TN (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 317 active listings in the ZIP; 37 units permitted in Sequatchie County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Sequatchie County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 179 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,292 (47.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 179 days. Have you received any prior offers? Is the seller open to a 48% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.52% ✗
• Cap rate: 4.21%
• Cash-on-cash: -7.42%
• DSCR: 0.67
• GRM: 15.9

CMA / ARV

• ARV (on-the-fly): $303,400
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
Fredonia Rd	0.21mi	3/2.0	1,486 (+0%)	15mo	$305,000	$205	77
91 Dean Rd	0.74mi	3/2.0	1,456 (-2%)	2mo	$175,000	$120	61

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.0%
• Equity multiple: 2.55×
• Total profit: $117,119
• Equity at exit: $243,237

10-year hold

• IRR: 17.6%
• Equity multiple: 5.87×
• Total profit: $368,012
• Equity at exit: $524,551

Cash invested: $75,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Tennessee: 87 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

14-day notice (URLTA); generally landlord-favorable; Nashville court paced moderate.

Methodology + full state rankings →

ZIP-level market 37327

• Home prices YoY: 19.0%
• Active inventory: 317
• Price-to-rent: 15.9×

Monthly cashflow live

• Estimated rent: $1,413 medium
• Mortgage (P&I): −$1,416
• Tax from tax record: −$55 /mo · $664/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $-468

Break-even live

Break-even rent $2,005

Max offer price $187,408

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-13
   status Pending 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

2. 2026-05-01
   price $270,000 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

3. 2026-04-25
   price $280,000 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

4. 2026-03-21
   price $290,000 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

5. 2026-03-03
   price $299,000 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

6. 2026-01-07
   price $300,000 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

7. 2025-11-15
   listed $325,000 Active 2808-char remark

   Show marketing remark (2808 chars)

   Motivated Seller. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,744 sq. ft. of comfortable living space on a serene and level 1.24-acre lot. From the moment you arrive, you'll appreciate the peaceful setting and the thoughtful features that make this property truly stand out. Step inside to a spacious living room with cathedral ceilings creating an open and inviting atmosphere. The large kitchen is a cook's delight, featuring custom hickory cabinetry, a convenient work island, ample counter space, built in surround sound and an eat-in dining area perfect for family gatherings. A pantry and separate laundry room add everyday convenience. The generous master suite offers a relaxing retreat with a step-in tile shower and plenty of room to unwind. Two additional bedrooms and a second full bath provide comfort for family or guests. You'll love the bonus room, complete with a free-standing wood-burning stove, ideal for cozy evenings or a multifunctional space for hobbies, office use, or entertainment. Enjoy outdoor living on both the 10x14 covered front porch and the 8x16 covered back porch, overlooking a partially fenced backyard with plenty of room to roam. This property is loaded with outbuildings and extras, including 24x26 detached garage (insulated & wired), 12x24 she-shed, 12x16 wood outbuilding, 18x19 metal building, in-ground storm shelter & garden area. There are no property restrictions, offering wonderful flexibility. Bring your chickens or other small farm animals. The land is well-suited for homesteading, gardening, and enjoying a relaxed country lifestyle. Some updates that add peace of mind include a new heat pump, hardwood floors, vinyl windows, roof, gutters, and downspouts. This home is conveniently located just minutes from the charming town of Dunlap, TN, nestled in the beautiful Sequatchie Valley. Here you can explore the historic Coke Ovens Park & Museum, embark on world-class hang gliding or paragliding from the bluffs overlooking the valley, or enjoy the inviting Coops Creek Greenway. Seasonal fun awaits at Wheeler's Orchard & Vineyard, while nearby Fall Creek Falls State Park offers dramatic waterfalls, hiking, and breathtaking scenery. Community events like the annual Valley Fest add to Dunlap's welcoming charm. And for even more to enjoy, this home is within an hour's drive to downtown Chattanooga, TN, offering abundant shopping, fine restaurants, cultural attractions, and a variety of outdoor adventures giving you the perfect balance of peaceful country living with convenient city access. With its combination of space, updates, outbuildings, entertainment features, usable acreage, and proximity to rich local attractions, this home offers a truly serene and versatile place to call home.

8. 2021-06-16
   price $179,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TN · Resets to sale price

• Current annual tax: $664 · $55/mo
• Projected year-2 tax: $1,917 · $160/mo
• Expected delta: +$1,253/yr (+$104/mo · 188.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,955
• − Mortgage interest: −$15,124
• − Property taxes: −$664
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,356
• − Management: −$1,356
• − Depreciation: −$7,855
• Taxable loss: −$10,751
• Est. tax savings @ 24.0%: +$2,580
• After-tax cash flow: $-3,030/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Sequatchie County
• NCES district ID: 4703750
• Math proficiency: 24% ▼ -4.00%
• Reading proficiency: 24% ▼ -3.00%
• Median HH income: $40,931
• Composite: 20.37/100
• National rank: #8598
• State rank: #95 of 139 in TN

Livability — Dunlap

• Score: 60/100
• State rank: #264
• US rank: #18526

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment D- Housing B Health & safety F User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 12,424

Population outlook (Sequatchie County) Hauer SSP2

• Today (2025): 15,998 people
• By 2030: 16,451 · +2.8%
• By 2040: 17,030 · +6.5%
• By 2050: 17,192 · +7.5%
• By 2075: 17,053 · +6.6%
• By 2100: 15,876 · -0.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 3%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Serbian 2% Slovak 2% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Sequatchie

• 2024 margin: Solid R (+66.3) · D 16.4% · R 82.7%
• 2008→2024 swing: -31.5pp toward R · 2008: -34.8pp · 2024: -66.3pp
• All cycles: 2024: R+66.3 2020: R+62.8 2016: R+59.7 2012: R+39.9 2008: R+34.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 54.28%
• Current HPI: 339.856
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

Industry mix (Fortune 500 HQ in TN)

Industry	F500 HQs	Revenue
▸Healthcare	3	$91B
▸Retail	3	$72B
▸Transportation / Logistics	1	$88B
▸Paper / Packaging	1	$19B
▸Insurance	1	$13B
▸Energy	1	$12B

Price history

+50.8% since first listed

8 events — show timeline

• 2026-05-13 Pending — GCAR
• 2026-05-01 Price Changed $270,000 GCAR
• 2026-04-25 Price Changed $280,000 GCAR
• 2026-03-21 Price Changed $290,000 GCAR
• 2026-03-03 Price Changed $299,000 GCAR
• 2026-01-07 Price Changed $300,000 GCAR
• 2025-11-15 Listed $325,000 GCAR
• 2021-06-16 Price Changed $179,000 GCAR

Property tax history

+5.2%/yr

Latest (2025): $664 · +0.0% YoY. Source: county tax records.