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780 Hamilton Rd Apt C1 🌊 Lakefront
C Composite 59.15
Why this score? — see what drove the C 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).

  • Cash flow +26.6/30.0
  • DSCR +9.1/10.0
  • 1% rule +7.7/10.0
  • ARV discount +5.5/15.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.8/10.0
  • Appreciation +0.0/10.0

$189,900

780 Hamilton Rd Apt C1 · Kingsport, TN 37617
3 bd · 2.0 ba · 1,165 sqft · Townhouse public records · 10 Days on market
Built 1978 Est $182k · at est. $264/mo HOA · 11% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

Key facts

  • $264 HOA
  • Community pool
  • Built 1978

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath townhouse listed at $190k.

Deal economics

  • At list price, monthly cash flow is $507 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $190k).
  • Cap rate 9.5% vs local median 3.8% in Kingsport — 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 71/100 on livability (#39 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities C-, crime F, commute F.
  • Sullivan County (suburban): math 17% / reading 24% proficiency, ranked #109 of 139 in TN (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Holston Elementary (math 37% / reading 32%, grade F, #319 of 952 statewide, top 37%, 635 students, 0% FRL); Sullivan East Middle School (math 8% / reading 11%, grade F, #260 of 333 statewide, top 79%, 573 students, 0% FRL); West Ridge High School (1,683 students, 0% FRL) — zoned schools average 0% FRL vs 45% district-wide (45 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: 141 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 453 units permitted in Sullivan County in 2024 (6 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 $6k of value loss. Plan a longer hold.
  • Sullivan County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 5 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $189,900

Questions for the listing agent

  1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  9. 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.
  10. 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.
  11. 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
1.27%
Cap rate
9.50%
Cash-on-cash
11.44%
DSCR
1.51
GRM
6.6

CMA / ARV

ARV (on-the-fly)
$181,740
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
780 Hamilton Rd Unit E-2 0.00mi 2/2.0 (-1) 1,253 (+8%) 1mo $195,000 $156 81

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
0.8%
Equity multiple
1.03×
Total profit
$1,595
Equity at exit
$28,315
10-year hold
IRR
10.5%
Equity multiple
1.81×
Total profit
$43,311
Equity at exit
$16,419

Cash invested: $53,172 (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.

ZIP-level market 37617

Home prices YoY
-17.9%
Active inventory
141
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$2,409 medium interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$57 /mo · $689/yr
Insurance
$79
HOA
$264
Vacancy / Maint / Mgmt
$506
Net cashflow
$507

Break-even live

Break-even rent $1,768
Max offer price $189,900
Occupancy floor 74%

Sensitivity live

Price -10% $614 -5% $561 +0% $507 +5% $453 +10% $399
Rent -10% $316 -5% $412 +0% $507 +5% $602 +10% $697
Rate -1.0pp $602 -0.5pp $555 base $507 +0.5pp $458 +1.0pp $408

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
$47,475
Closing costs
$5,697
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
516 Lakeside Dock Dr #6 Kingsport, TN 2.0 1.5 1120 $2,000 $1.79 13d 1 1.15mi
388 Hideaway Farm Rd Piney Flats, TN 3.0 2.0 1446 $3,000 $2.07 21d 1 1.39mi

HOA detail

Monthly dues
$264 · $3,168/yr
Likely covers
waterpool

Listing history 23 events

  1. 2026-04-17
    status Pending
  2. 2026-04-07
    listed $189,900 Active
  3. 2023-11-06
    soldstatus $167,000
  4. 2023-11-03
    soldstatus $167,000 Closed 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  5. 2023-10-04
    historical Active Under Contract 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  6. 2023-10-02
    price $167,000 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  7. 2023-09-20
    price $173,000 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  8. 2023-09-14
    status Active 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  9. 2023-09-07
    historical Active Under Contract 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  10. 2023-08-18
    price $175,000 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  11. 2023-08-09
    status Active 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  12. 2023-08-09
    price $180,000 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  13. 2023-08-09
    historical 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  14. 2023-08-03
    listed $190,000 Active 1756-char remark
    Show marketing remark (1756 chars)

    Welcome to your dream oasis by the lake! This 3 bedroom, 2 bathroom, charming condo boasts timeless elegance, offering you the perfect retreat from the hustle and bustle of everyday life. Nestled within a serene community, you'll be granted exclusive privileges to both the tranquil lake and refreshing pool area. As you step inside, you'll be greeted by the warm and inviting ambiance, showcasing the character and charm of this well-maintained unit. The spacious living area creates a cozy space to relax and unwind. High ceilings and large windows offer tons of natural lighting. There are two bedrooms downstairs along with a private bathroom. The kitchen has brand new appliances featuring a smart stove. Upstairs, you'll find the primary suite with attached bathroom and laundry area. Step outside onto the private fenced in yard. It's the perfect spot to embrace the natural beauty that surrounds you. As a resident of this community, you'll have the privilege of access to the serene lake, where you can indulge in various water activities or simply take a leisurely stroll along the shore. Additionally, the sparkling pool awaits you on warm summer days, offering a refreshing escape right at your doorstep. Tennis courts are available at your convenience, a long with a recreation room you can rent out for all your private events. Commuting is a breeze with major highways and airport within easy reach. Don't miss the opportunity to own this delightful condo with lake and pool privileges. Schedule a viewing today and experience the magic of lakefront living! Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

  15. 2022-08-30
    soldstatus $125,000
  16. 2022-08-29
    soldstatus $125,000 790-char remark
    Show marketing remark (790 chars)

    Want to be near Boone Lake with lake access? Here is your opportunity! Offering a spacious living room with vaulted ceilings. Kitchen Fridge, dishwasher stove all convey along with washer and dryer in the laundry room. Propane fireplace in the living room with masonry stone front. Spacious main bedroom upstairs with vaulted ceilings and on suite bathroom. 2 additional spacious bedrooms on the main level with an additional full bath and laundry room. This house needs a little TLC and will make a great vacation spot, home or rental. THIS PROPERTY CANNOT BE AIRBNB. Property features lake access, community pool and community rec room along with RV & Boat Storage. PROPERTY TO BE SOLD AS IS. Information herein deemed reliable but not guaranteed. Buyer or buyer's agent to verify.

  17. 2022-08-17
    listed $124,900 790-char remark
    Show marketing remark (790 chars)

    Want to be near Boone Lake with lake access? Here is your opportunity! Offering a spacious living room with vaulted ceilings. Kitchen Fridge, dishwasher stove all convey along with washer and dryer in the laundry room. Propane fireplace in the living room with masonry stone front. Spacious main bedroom upstairs with vaulted ceilings and on suite bathroom. 2 additional spacious bedrooms on the main level with an additional full bath and laundry room. This house needs a little TLC and will make a great vacation spot, home or rental. THIS PROPERTY CANNOT BE AIRBNB. Property features lake access, community pool and community rec room along with RV & Boat Storage. PROPERTY TO BE SOLD AS IS. Information herein deemed reliable but not guaranteed. Buyer or buyer's agent to verify.

  18. 2014-09-24
    soldstatus $68,000
  19. 2014-03-17
    soldstatus $75,000
  20. 2006-02-09
    soldstatus $100,000
  21. 2003-03-10
    soldstatus $75,000
  22. 1998-05-04
    soldstatus $66,000
  23. 1981-01-01
    soldstatus $48,000

ⓘ 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
$689 · $57/mo
Projected year-2 tax
$1,348 · $112/mo
Expected delta
+$659/yr (+$55/mo · 95.7%)

ⓘ 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 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,910
− Mortgage interest
−$10,637
− Property taxes
−$689
− Insurance
−$950
− Repairs & maintenance
−$2,313
− Management
−$2,313
− HOA
−$3,168
− Depreciation
−$5,524
Taxable income
$3,316
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$796
After-tax cash flow
$5,286/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
Sullivan County
NCES district ID
4703990
Math proficiency
17% ▼ -15.00%
Reading proficiency
24% ▼ -10.00%
Median HH income
$43,263
Composite
17.66/100
National rank
#9030
State rank
#109 of 139 in TN

Livability — Kingsport

Score
71/100
State rank
#39
US rank
#6587

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
83,493
Population (ZIP)
14,200

Population outlook (Sullivan County) Hauer SSP2

Today (2025)
157,030 people
By 2030
156,415 · -0.4%
By 2040
153,778 · -2.1%
By 2050
149,018 · -5.1%
By 2075
138,068 · -12.1%
By 2100
119,927 · -23.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (96%)
Race & ethnicity
White 96% Two or more races 2%
Common ancestry
Slovak 5% Serbian 3% Italian 2%
Foreign-born
1% · Vietnam
Languages at home
97% English-only · Vietnamese 1% Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Sullivan

2024 margin
Solid R (+55.0) · D 22.0% · R 77.0% · Other 1.0%
2008→2024 swing
-13.6pp toward R · 2008: -41.3pp · 2024: -55.0pp
All cycles
2024: R+55.0 2020: R+51.9 2016: R+56.2 2012: R+47.2 2008: R+41.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -63.76%
Current HPI
292.3386
Rent YoY
Metro
State GDP YoY
▲ 2.78%
F500 in state
22

Industry mix (Fortune 500 HQ in TN)

Industry F500 HQs Revenue

Price history

+295.6% since first listed
23 events — show timeline
  • 2026-04-17 Pending TVRMLS
  • 2026-04-07 Listed $189,900 TVRMLS
  • 2023-11-06 Sold (Public Records) $167,000 Public Records
  • 2023-11-03 Sold (MLS) $167,000 TVRMLS
  • 2023-10-04 Contingent TVRMLS
  • 2023-10-02 Price Changed $167,000 TVRMLS
  • 2023-09-20 Price Changed $173,000 TVRMLS
  • 2023-09-14 Relisted TVRMLS
  • 2023-09-07 Contingent TVRMLS
  • 2023-08-18 Price Changed $175,000 TVRMLS
  • 2023-08-09 Relisted TVRMLS
  • 2023-08-09 Price Changed $180,000 TVRMLS
  • 2023-08-09 Delisted TVRMLS
  • 2023-08-03 Listed $190,000 TVRMLS
  • 2022-08-30 Sold (Public Records) $125,000 Public Records
  • 2022-08-29 Sold (MLS) $125,000 TVRMLS
  • 2022-08-17 Listed $124,900 TVRMLS
  • 2014-09-24 Sold (Public Records) $68,000 Public Records
  • 2014-03-17 Sold (Public Records) $75,000 Public Records
  • 2006-02-09 Sold (Public Records) $100,000 Public Records
  • 2003-03-10 Sold (Public Records) $75,000 Public Records
  • 1998-05-04 Sold (Public Records) $66,000 Public Records
  • 1981-01-01 Sold (Public Records) $48,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $689 · +66.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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