3710 Weber Rd Unit A204 · Gatlinburg, TN 37738

$134,995

1 bd · 1.0 ba · 563 sqft · Condo · 93 Days on market

Built 1986 Fair condition $240/sqft · 27% below area Est $186k · 27% under $748/mo HOA · 54% of rent

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Why this score? — see what drove the F 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 +15.0/15.0
• 1% rule +5.2/10.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Cash flow +0.4/30.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nicely decorated, larger than normal 1 BR/1Ba desirable corner condo on ground level. New kitchen granite countertops. Rental-ready! Beautiful mountain views. All condos are non-smoking and no pets are allowed. $600 Annual Security Fee may apply, check with HOA.

Key facts

• $748 HOA
• Community pool
• Built 1986

🏷️ Possibly a rental listed for sale. The $134,995 price doesn't fit this home's estimated sale value (~$186,129) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $135k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-592 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $49k (63.5% below list).
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $49k (63.5% below list) — sets the bar for cash-flow.
• Cap rate 1.0% vs local median 1.4% in Gatlinburg — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 73/100 on livability (#27 in TN) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A; Watch: crime F, amenities F, employment D-.
• Sevier County (rural): math 31% / reading 28% proficiency, ranked #62 of 139 in TN (top 45%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Pi Beta Phi Elementary (math 27% / reading 27%, grade F, #496 of 952 statewide, top 55%, 314 students, 0% FRL); Gatlinburg Pittman Junior High (math 44% / reading 38%, grade F, #37 of 333 statewide, top 12%, 418 students, 0% FRL); Gatlinburg Pittman High (math 10% / reading 42%, grade F, #117 of 332 statewide, top 37%, 401 students, 0% FRL) — zoned schools average 0% FRL vs 52% district-wide (52 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 910 active listings in the ZIP; 1,594 units permitted in Sevier County in 2024 (456 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Sevier County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $32k; list at $135k implies a 315% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 54% of rent.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $49,324 (63.5% 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 93 days. Have you received any prior offers? Is the seller open to a 63% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. 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?
11. 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.
12. 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.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 1.03%
• Cash-on-cash: -18.80%
• DSCR: 0.16
• GRM: 8.2

CMA / ARV

• ARV (median comp): $186,129
• List price: $134,995
• Delta: -27.47%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3710 Weber Rd Unit 102-A	0.00mi	1/1.0	560 (-0%)	6mo	$170,000	$304	94
3710 Weber Road Rd Unit A-202	0.00mi	1/1.0	560 (-0%)	20mo	$151,000	$270	83
3710 Weber Rd Unit 106-E	0.00mi	1/1.0	560 (-0%)	25mo	$150,000	$268	79
3710 Weber Rd Unit 106-E	0.00mi	1/1.0	560 (-0%)	25mo	$150,000	$268	79
3710 Weber Rd Unit 102-E	0.00mi	1/1.0	560 (-0%)	28mo	$139,000	$248	79
3710 Weber Rd Unit 102E	0.00mi	1/1.0	560 (-0%)	28mo	$139,000	$248	79
3710 Weber Rd Unit D102	0.01mi	1/1.0	560 (-0%)	33mo	$195,000	$348	78
3710 Weber Rd Rd Unit E307	0.00mi	2/1.0 (+1)	703 (+25%)	1mo	$185,000	$263	69
3710 Weber Rd Unit 303A	0.00mi	2/1.0 (+1)	703 (+25%)	8mo	$205,000	$292	63
3710 Weber Rd Unit 303A	0.00mi	2/1.0 (+1)	703 (+25%)	8mo	$205,000	$292	63
536 Deer Path Ln	0.42mi	1/1.0	624 (+11%)	10mo	$245,000	$393	54
3710 Weber 303a Rd	0.20mi	2/1.0 (+1)	703 (+25%)	8mo	$205,000	$292	54

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

Projected returns pro-forma

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

5-year hold

• IRR: -53.5%
• Equity multiple: -0.56×
• Total profit: $-59,103
• Equity at exit: $20,128

10-year hold

• IRR: —
• Equity multiple: -1.59×
• Total profit: $-98,069
• Equity at exit: $11,672

Cash invested: $37,799 (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 37738

• Home prices YoY: -28.5%
• Active inventory: 910
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,378 medium
• Mortgage (P&I): −$708
• Tax est. 1.5%: −$169 /mo · $2,025/yr
• Insurance: −$56
• HOA: −$748
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $-592

Break-even live

Break-even rent $2,128

Max offer price $49,324

Occupancy floor —

Sensitivity live

Price	-10% $-499	-5% $-545	+0% $-592	+5% $-639	+10% $-685
Rent	-10% $-701	-5% $-646	+0% $-592	+5% $-538	+10% $-483
Rate	-1.0pp $-524	-0.5pp $-558	base $-592	+0.5pp $-627	+1.0pp $-663

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: $33,749
• Closing costs: $4,050
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Property features AI

Finance

• HOA & community: Homeowners association with monthly feeMonthly association fee covers cable TV, internet, grounds maintenance, pest control, security, sewer, trash, and waterAssociation amenities include coin laundry, maintenance grounds, management, picnic area, recreation facilities, sauna, storage, clubhouse, pool, and tennis courts

Exterior

• Parking: Common parking
• Security: Community securityAssociation-provided security
• Utilities: Public waterPublic sewerElectricity connectedWater connectedSewer connected
• Home design: One-story condominiumEntry level: OneZoned A1
• Construction: Wood siding construction
• Exterior features: Paved, private-maintained road accessPrivate road frontageCommunity clubhouse, pool, tennis courts, playground, golf

Interior

• Kitchen: DisposalDishwasherElectric cooktopMicrowaveRefrigerator
• Bedrooms: One bedroom on the main level
• Flooring: CarpetTile
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Central heatingCentral air conditioning
• Interior features: PantryStorageHigh-speed internetBlindsWood-burning fireplace

HOA detail $748/mo · $8,976/yr condo

• Likely covers: security
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-08-08
   days on market $134,995 Active 93 DOM
2. 2026-08-07
   days on market $134,995 Active 92 DOM
3. 2026-08-06
   days on market $134,995 Active 91 DOM
4. 2026-08-05
   days on market $134,995 Active 90 DOM
5. 2026-08-04
   days on market $134,995 Active 89 DOM
6. 2026-08-03
   days on market $134,995 Active 88 DOM
7. 2026-07-31
   days on market $134,995 Active 85 DOM
8. 2026-07-30
   days on market $134,995 Active 83 DOM
9. 2026-07-27
   days on market $134,995 Active 81 DOM
10. 2026-07-25
    days on market $134,995 Active 79 DOM
11. 2026-07-24
    days on market $134,995 Active 78 DOM
12. 2026-07-23
    days on market $134,995 Active 77 DOM
13. 2026-07-22
    days on market $134,995 Active 76 DOM
14. 2026-07-21
    days on market $134,995 Active 75 DOM
15. 2026-07-18
    days on market $134,995 Active 72 DOM
16. 2026-07-16
    days on market $134,995 Active 70 DOM
17. 2026-07-16
    days on market $134,995 Active 69 DOM
18. 2026-07-14
    days on market $134,995 Active 68 DOM
19. 2026-07-13
    days on market $134,995 Active 67 DOM
20. 2026-07-12
    days on market $134,995 Active 66 DOM
21. 2026-07-11
    days on market $134,995 Active 65 DOM
22. 2026-07-10
    days on market $134,995 Active 64 DOM
23. 2026-07-09
    days on market $134,995 Active 63 DOM
24. 2026-07-08
    days on market $134,995 Active 62 DOM
25. 2026-07-07
    days on market $134,995 Active 61 DOM
26. 2026-07-07
    days on market $134,995 Active 60 DOM
27. 2026-07-05
    days on market $134,995 Active 59 DOM
28. 2026-07-04
    days on market $134,995 Active 58 DOM
29. 2026-07-03
    days on market $134,995 Active 57 DOM
30. 2026-07-02
    days on market $134,995 Active 56 DOM
31. 2026-07-01
    days on market $134,995 Active 55 DOM
32. 2026-06-30
    days on market $134,995 Active 54 DOM
33. 2026-06-29
    days on market $134,995 Active 53 DOM
34. 2026-06-28
    days on market $134,995 Active 52 DOM
35. 2026-06-28
    days on market $134,995 Active 51 DOM
36. 2026-06-27
    days on market $134,995 Active 50 DOM
37. 2026-06-26
    days on market $134,995 Active 49 DOM
38. 2026-06-23
    days on market $134,995 Active 46 DOM
39. 2026-06-22
    days on market $134,995 Active 45 DOM
40. 2026-06-19
    days on market $134,995 Active 43 DOM
41. 2026-06-18
    days on market $134,995 Active 42 DOM
42. 2026-06-17
    days on market $134,995 Active 41 DOM
43. 2026-06-16
    days on market $134,995 Active 40 DOM
44. 2026-06-15
    days on market $134,995 Active 39 DOM
45. 2026-06-14
    days on market $134,995 Active 37 DOM
46. 2026-06-13
    days on market $134,995 Active 36 DOM
47. 2026-06-10
    days on market $134,995 Active 34 DOM
48. 2026-06-09
    days on market $134,995 Active 33 DOM
49. 2026-06-08
    days on market $134,995 Active 32 DOM
50. 2026-06-07
    days on market $134,995 Active 31 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥93°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,540
• − Mortgage interest: −$7,562
• − Property taxes: −$2,025
• − Insurance: −$675
• − Repairs & maintenance: −$1,323
• − Management: −$1,323
• − HOA: −$8,976
• − Depreciation: −$3,927
• Taxable loss: −$9,271
• Est. tax savings @ 24.0%: +$2,225
• After-tax cash flow: $-4,880/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.

Condition & rehab AI · 12 photos

Fair 45/100 Cosmetic rehab Est. rehab $2,815–$8,445 screening

This fully furnished 1-bedroom, 1-bath condo at Deer Ridge Mountain Resort offers breathtaking mountain views and a cozy living area. While in fair condition, it requires some cosmetic updates to enhance its resale and rental value.

Repairs flagged

• Minor kitchen cabinets — wood cabinets show wear
• Minor bathroom vanity — standard fixtures
• Minor interior walls — neutral paint

Value-add opportunities

• Both update flooring to hardwood — enhances resale and rental appeal ↑
• Both paint interior walls — enhances resale and rental appeal ↑
• Both replace carpet with hardwood — enhances resale and rental appeal ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 31/100

Zoned Schools

Elementary Pi Beta Phi Elementary F TN #496/952 Nat'l #28,475/41,679 Middle Gatlinburg Pittman Junior High F TN #37/333 Nat'l #5,727/14,009 High Gatlinburg Pittman High F TN #117/332 Nat'l #12,251/17,239

Schools (NCES district)

• District: Sevier County
• NCES district ID: 4703780
• Math proficiency: 31% ▼ -6.00%
• Reading proficiency: 28% ▼ -4.00%
• Median HH income: $42,730
• Composite: 25.12/100
• National rank: #7527
• State rank: #62 of 139 in TN

B Composite livability gradescore 73/100

Livability — Gatlinburg

• Score: 73/100
• State rank: #27
• US rank: #5524

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sevier · 107,903 people
• Population (ZIP): 5,269
• Household income: $63,133
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 8% of renters

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Population outlook (Sevier County) Hauer SSP2

• Today (2025): 107,903 people
• By 2030: 113,633 · +5.3%
• By 2040: 123,969 · +14.9%
• By 2050: 132,123 · +22.4%
• By 2075: 148,524 · +37.6%
• By 2100: 153,436 · +42.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 12% Two or more races 4% Black 3% Asian 3%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Slovak 6% Serbian 5% Romanian 3%
• Foreign-born: 12% · Canada, China
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 2% Chinese 1%

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Political lean MEDSL · Sevier

• 2024 margin: Solid R (+61.1) · D 18.9% · R 80.1% · Other 1.0%
• 2008→2024 swing: -13.1pp toward R · 2008: -48.1pp · 2024: -61.1pp
• All cycles: 2024: R+61.1 2020: R+57.6 2016: R+61.7 2012: R+54.8 2008: R+48.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.02%
• Current HPI: 296.203
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

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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

Property features AI

Finance

• HOA & community: Homeowners association with monthly feeMonthly association fee covers cable TV, internet, grounds maintenance, pest control, security, sewer, trash, and waterAssociation amenities include coin laundry, maintenance grounds, management, picnic area, recreation facilities, sauna, storage, clubhouse, pool, and tennis courts

Exterior

• Parking: Common parking
• Security: Community securityAssociation-provided security
• Utilities: Public waterPublic sewerElectricity connectedWater connectedSewer connected
• Home design: One-story condominiumEntry level: OneZoned A1
• Construction: Wood siding construction
• Exterior features: Paved, private-maintained road accessPrivate road frontageCommunity clubhouse, pool, tennis courts, playground, golf

Interior

• Kitchen: DisposalDishwasherElectric cooktopMicrowaveRefrigerator
• Bedrooms: One bedroom on the main level
• Flooring: CarpetTile
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Central heatingCentral air conditioning
• Interior features: PantryStorageHigh-speed internetBlindsWood-burning fireplace

Price history

+285.7% since first listed

3 events — show timeline

• 2026-05-01 Listed $134,995 GSMAR
• 2013-08-16 Sold (MLS) $32,500 GSMAR
• 2012-02-26 Sold (MLS) $35,000 GSMAR