3710 Weber Rd Unit E 306 · Gatlinburg, TN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $949 – $1,763
Heat risk 4/10 · Minor
- Hot days now (above 93°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +14.7/15.0
- Condition / age +4.0/5.0
- Livability +3.7/5.0
- 1% rule +3.6/10.0
- Schools +2.9/10.0
- Rent growth +2.5/5.0
- Cash flow +0.2/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$179,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SWEEPING MOUNTAIN VIEWS!! Escape to the Smokies with this charming 2 bedroom, 1 bath condo located in the peaceful mountain setting of Deer Ridge Mountain Resort. This inviting unit offers lots of comfort and convenience with stunning mountain surroundings and access to resort amenities including an indoor pool, golf course, pickleball, sun deck, bbq's, outdoor pavilion, playground, and Sauna! HOA covers all but electricity- great package offered that's super convenient for owners! Tucked away in a quiet mountaintop community, yet just a short drive to the area's top destinations like Gatlinburg and Pigeon Forge with endless dining, shopping, and entertainment. Enjoy easy access to popular attractions like Ripley's Aquarium of the Smokies, Anakeesta, and the natural beauty of Great Smoky Mountains National Park just minutes away. Whether you're looking for a vacation getaway, short-term rental investment, or full-time mountain retreat, this condo offers an ideal Smoky Mountain location with the tranquility of nature and close proximity to all the attractions the area has to offer.
Key facts
- Pickleball
- Outdoor pavilion
- Sun deck
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $180k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-811 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $63k (65.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $154k (14.4% below list).
- Recommended offer: $63k (65.3% below list) — sets the bar for cash-flow.
- Cap rate 0.9% 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: New Center Elementary (math 32% / reading 28%, grade F, #415 of 952 statewide, top 44%, 855 students, 0% FRL); Seymour Junior High (math 40% / reading 30%, grade F, #65 of 333 statewide, top 20%, 766 students, 0% FRL); Sevier County High School (math 20% / reading 38%, grade F, #92 of 332 statewide, top 28%, 1,248 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 $1k of loan paydown is wiped out by about $5k 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 17 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 2y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 51% of rent.
Questions for the listing agent
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.86% ✗
- Cap rate
- 0.88%
- Cash-on-cash
- -19.33%
- DSCR
- 0.14
- GRM
- 9.7
CMA / ARV
- ARV (median comp)
- $214,230
- List price
- $179,900
- Delta
- -16.02%
- 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 Rd Unit E307 | 0.00mi | 2/1.0 | 703 (0%) | 1mo | $185,000 | $263 | 99 |
| 3710 Weber Rd Unit 303A | 0.00mi | 2/1.0 | 703 (0%) | 8mo | $205,000 | $292 | 93 |
| 3710 Weber Rd Unit 303A | 0.00mi | 2/1.0 | 703 (0%) | 8mo | $205,000 | $292 | 93 |
| 3710 Weber 303a Rd | 0.20mi | 2/1.0 | 703 (0%) | 8mo | $205,000 | $292 | 84 |
| 3710 Weber Rd Unit E103 | 0.00mi | 2/2.0 | 802 (+14%) | 1mo | $202,000 | $252 | 71 |
| 3710 Weber Rd Unit C-201 | 0.00mi | 2/2.0 | 817 (+16%) | 5mo | $219,000 | $268 | 66 |
| 3710 Weber Rd Unit 102-A | 0.00mi | 1/1.0 (-1) | 560 (-20%) | 6mo | $170,000 | $304 | 65 |
| 3710 Weber Rd Unit 203 E | 0.01mi | 2/2.0 | 802 (+14%) | 11mo | $265,200 | $331 | 63 |
| 3710 Weber Rd Unit E 105 | 0.00mi | 2/2.0 | 802 (+14%) | 17mo | $240,000 | $299 | 58 |
| 536 Deer Path Ln | 0.42mi | 1/1.0 (-1) | 624 (-11%) | 10mo | $245,000 | $393 | 48 |
| 240 Braydens Way | 0.89mi | 2/1.0 | 852 (+21%) | 7mo | $485,000 | $569 | 34 |
| 239 Braydens Way | 0.90mi | 2/1.0 | 852 (+21%) | 7mo | $485,000 | $569 | 34 |
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
- IRR
- -55.1%
- Equity multiple
- -0.59×
- Total profit
- $-80,319
- Equity at exit
- $26,824
- IRR
- —
- Equity multiple
- -1.67×
- Total profit
- $-134,425
- Equity at exit
- $15,554
Cash invested: $50,372 (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
ZIP-level market 37738
- Home prices YoY
- -28.5%
- Active inventory
- 910
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $1,539 medium interval (Pro) →
- Mortgage (P&I)
- −$943
- Tax est. 1.5%
- −$225 /mo · $2,698/yr
- Insurance
- −$75
- HOA
- −$784
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$323
- Net cashflow
- $-811
Break-even live
Sensitivity live
| Price | -10% $-687 | -5% $-749 | +0% $-811 | +5% $-873 | +10% $-936 |
|---|---|---|---|---|---|
| Rent | -10% $-933 | -5% $-872 | +0% $-811 | +5% $-751 | +10% $-690 |
| Rate | -1.0pp $-721 | -0.5pp $-766 | base $-811 | +0.5pp $-858 | +1.0pp $-905 |
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
- $44,975
- Closing costs
- $5,397
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Property features AI
Finance
- HOA & community
- Has HOAMonthly association feeAssociation amenities include clubhouse, pool, tennis courts, golf course, playground, laundryAssociation fee covers cable TV, insurance, internet, grounds maintenance, structure maintenance, pest control, sewer, trash, water
Exterior
- Parking
- Asphalt parking
- Utilities
- Public waterPublic sewerWater availableCable connected
- Home design
- Condominium (attached)RenovatedThree or more levels
- Construction
- Log and wood siding constructionShingle roof
- Exterior features
- In-ground private poolViewsWooded settingTennis court(s)
Interior
- Kitchen
- DishwasherElectric rangeOvenRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetTile
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fan(s)Wood burning fireplace
- Laundry & utility
- Laundry available (association)
HOA detail $784/mo · $9,408/yr condo
- Likely covers
- electricpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $179,900 Active 17 DOM
-
2026-08-07days on market $179,900 Active 16 DOM
-
2026-08-06days on market $179,900 Active 15 DOM
-
2026-08-05days on market $179,900 Active 14 DOM
-
2026-08-04days on market $179,900 Active 13 DOM
-
2026-08-03days on market $179,900 Active 12 DOM
-
2026-07-31days on market $179,900 Active 9 DOM
-
2026-07-30days on market $179,900 Active 7 DOM
-
2026-07-27days on market $179,900 Active 5 DOM
-
2026-07-25days on market $179,900 Active 3 DOM
-
2026-07-24days on market $179,900 Active 2 DOM
-
2026-07-22days on market $179,900 Active 1 DOM
-
2026-07-22days on market $179,900 Active 135 DOM
-
2026-07-21days on market $179,900 Active 134 DOM
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2026-07-18days on market $179,900 Active 131 DOM
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2026-07-16days on market $179,900 Active 129 DOM
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2026-07-16days on market $179,900 Active 128 DOM
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2026-07-14days on market $179,900 Active 127 DOM
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2026-07-13days on market $179,900 Active 126 DOM
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2026-07-12days on market $179,900 Active 125 DOM
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2026-07-11days on market $179,900 Active 124 DOM
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2026-07-10days on market $179,900 Active 123 DOM
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2026-07-09days on market $179,900 Active 122 DOM
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2026-07-08days on market $179,900 Active 121 DOM
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2026-07-07days on market $179,900 Active 120 DOM
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2026-07-07days on market $179,900 Active 119 DOM
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2026-07-05days on market $179,900 Active 118 DOM
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2026-07-04days on market $179,900 Active 117 DOM
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2026-07-03days on market $179,900 Active 116 DOM
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2026-07-02days on market $179,900 Active 115 DOM
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2026-07-01days on market $179,900 Active 114 DOM
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2026-06-30days on market $179,900 Active 113 DOM
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2026-06-29days on market $179,900 Active 112 DOM
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2026-06-28days on market $179,900 Active 111 DOM
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2026-06-28days on market $179,900 Active 110 DOM
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2026-06-27days on market $179,900 Active 109 DOM
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2026-06-26days on market $179,900 Active 108 DOM
-
2026-06-23days on market $179,900 Active 105 DOM
-
2026-06-22days on market $179,900 Active 104 DOM
-
2026-06-19days on market $179,900 Active 102 DOM
-
2026-06-18days on market $179,900 Active 101 DOM
-
2026-06-17days on market $179,900 Active 100 DOM
-
2026-06-16days on market $179,900 Active 99 DOM
-
2026-06-15days on market $179,900 Active 98 DOM
-
2026-06-14days on market $179,900 Active 96 DOM
-
2026-06-13days on market $179,900 Active 95 DOM
-
2026-06-10days on market $179,900 Active 93 DOM
-
2026-06-09days on market $179,900 Active 92 DOM
-
2026-06-08days on market $179,900 Active 91 DOM
-
2026-06-07days on market $179,900 Active 90 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 3/10 Moderate
- 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,470
- − Mortgage interest
- −$10,077
- − Property taxes
- −$2,698
- − Insurance
- −$900
- − Repairs & maintenance
- −$1,478
- − Management
- −$1,478
- − HOA
- −$9,408
- − Depreciation
- −$5,233
- Taxable loss
- −$12,802
- Est. tax savings @ 24.0%
- +$3,072
- After-tax cash flow
- $-6,663/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
This charming 2-bedroom condo in Deer Ridge Mountain Resort offers a good condition with a good ROI potential for both resale and rental.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Replace carpet with hardwood — Improves aesthetics and increases rental value ↑
- Both Upgrade kitchen appliances — Modernizes the space and attracts more buyers ↑
ⓘ 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.
Zoned Schools
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
Livability — Gatlinburg
- Score
- 73/100
- State rank
- #27
- US rank
- #5524
Category grades
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
- Severe rent burden
- 8% of renters
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%
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%
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
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
+259.8% since first listed29 events — show timeline
- 2026-06-02 Price Changed $179,900 GSMAR
- 2026-04-10 Price Changed $189,900 GSMAR
- 2026-03-09 Listed $199,500 GSMAR
- 2026-03-09 Listed $179,900 REALTRACS as Distributed by MLS Grid
- 2025-09-23 Price Changed $199,900 GSMAR
- 2025-09-23 Price Changed $199,900 Knoxville MLS
- 2025-08-23 Relisted — GSMAR
- 2025-08-23 Relisted — Knoxville MLS
- 2025-08-15 Pending — GSMAR
- 2025-08-15 Contingent — Knoxville MLS
- 2025-08-15 Listing Removed — Knoxville MLS
- 2025-06-28 Price Changed $210,000 GSMAR
- 2025-06-28 Price Changed $210,000 Knoxville MLS
- 2025-05-27 Price Changed $220,000 GSMAR
- 2025-05-27 Price Changed $220,000 Knoxville MLS
- 2025-05-09 Listed $230,000 Knoxville MLS
- 2025-05-09 Listed $230,000 GSMAR
- 2024-06-11 Listing Removed — Knoxville MLS
- 2024-05-21 Price Changed $220,000 GSMAR
- 2024-05-21 Price Changed $220,000 Knoxville MLS
- 2024-04-14 Listed $239,900 GSMAR
- 2024-04-14 Listed $239,900 Knoxville MLS
- 2024-04-11 Delisted — GSMAR
- 2024-03-08 Price Changed $245,000 GSMAR
- 2024-02-03 Listed $255,000 GSMAR
- 2022-09-06 Sold (MLS) $205,500 GSMAR
- 2018-07-13 Sold (MLS) $56,000 GSMAR
- 2016-07-11 Sold (MLS) $54,500 GSMAR
- 2011-12-21 Sold (MLS) $50,000 GSMAR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…