129 Moore Ln · Powell, TN 37849

$122,000

2 bd · 1.0 ba · 1,056 sqft · Other public records · 57 Days on market

Built 1930 0.26 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

Key facts

• Covered porch
• Private lot
• Eat-in kitchen

Tags

• PRIVATE LOT
• EAT-IN KITCHEN
• BREAKFAST BAR
• COVERED PORCH

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $122k.

Deal economics

• At list price, monthly cash flow is $829 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $122k).
• Recommended offer: $118k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Anderson County (town): math 25% / reading 28% proficiency, ranked #75 of 139 in TN (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 19 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 400 units permitted in Anderson County in 2024 (91 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $843 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,340 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.65% ✓
• Cap rate: 14.45%
• Cash-on-cash: 29.12%
• DSCR: 2.30
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 23.5%
• Equity multiple: 1.97×
• Total profit: $33,002
• Equity at exit: $18,191

10-year hold

• IRR: 31.4%
• Equity multiple: 3.83×
• Total profit: $96,639
• Equity at exit: $10,548

Cash invested: $34,160 (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 37849

• Home prices YoY: -22.1%
• Active inventory: 19
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,016 medium
• Mortgage (P&I): −$640
• Tax from tax record: −$73 /mo · $879/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $829

Break-even live

Break-even rent $967

Max offer price $122,000

Occupancy floor 54%

Sensitivity live

Price	-10% $898	-5% $863	+0% $829	+5% $794	+10% $760
Rent	-10% $670	-5% $749	+0% $829	+5% $908	+10% $988
Rate	-1.0pp $890	-0.5pp $860	base $829	+0.5pp $797	+1.0pp $765

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: $30,500
• Closing costs: $3,660
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5104 Cates Bend Way Unit 1 Powell, TN	2.0	2.5	1324	$2,045	$1.54	24d	1	0.85mi
5104 Cates Bend Way Powell, TN	2.0	2.5	1324	$2,045	$1.54	15d	1	0.85mi

Listing history 17 events

1. 2026-04-27
   status Pending
2. 2026-04-24
   soldstatus Closed
3. 2026-03-19
   status Pending
4. 2026-01-29
   historical Pending - Continue to Show
5. 2026-01-21
   listed $122,000 Active
6. 2024-11-20
   soldstatus $224,000
7. 2024-11-08
   soldstatus $224,000 Closed 730-char remark

   Show marketing remark (730 chars)

   Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

8. 2024-10-09
   historical Pending - Continue to Show - Financing 730-char remark

   Show marketing remark (730 chars)

   Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

9. 2024-10-04
   price $222,000 730-char remark

   Show marketing remark (730 chars)

   Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

10. 2024-09-09
    price $224,000 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

11. 2024-08-14
    price $225,000 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

12. 2024-07-18
    price $230,000 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

13. 2024-07-11
    price $242,000 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

14. 2024-06-20
    price $245,000 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

15. 2024-05-11
    listed $250,000 Active 730-char remark

    Show marketing remark (730 chars)

    Welcome to your cottage nestled on a private lot in Powell! This charming 2-bedroom, 1-bathroom home features a spacious primary bedroom and a recently renovated bathroom for your comfort. Spacious eat-in kitchen, complete with ample cabinet space, a breakfast bar, and stunning granite countertops. Natural light floods the inviting living room, creating a warm and welcoming atmosphere. Enjoy morning coffee on the covered porch or gather around the fire pit for cozy evenings under the stars. And don't forget, this property is unrestricted, offering privacy and endless possibilities for your lifestyle! Building on side of home is not on this property and will be removed. See updated survey. Buyer to verify all information

16. 2021-11-05
    soldstatus $133,000
17. 1999-05-14
    soldstatus $21,500

ⓘ 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: $879 · $73/mo
• Projected year-2 tax: $879 · $73/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,193
• − Mortgage interest: −$6,834
• − Property taxes: −$879
• − Insurance: −$610
• − Repairs & maintenance: −$1,935
• − Management: −$1,935
• − Depreciation: −$3,549
• Taxable income: $8,450
• Est. tax owed @ 24.0%: −$2,028
• After-tax cash flow: $7,918/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: Anderson County
• NCES district ID: 4700090
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 28% ▼ -4.00%
• Median HH income: $43,541
• Composite: 22.68/100
• National rank: #8043
• State rank: #75 of 139 in TN

Livability — Powell

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Knox County · 473,959 people
• City population: 29,375
• Metro: Knoxville, TN
• Population (ZIP): 29,375
• Household income: $84,275
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 398.0

Population outlook (Anderson County) Hauer SSP2

• Today (2025): 76,963 people
• By 2030: 77,226 · +0.3%
• By 2040: 76,905 · -0.1%
• By 2050: 75,405 · -2.0%
• By 2075: 70,858 · -7.9%
• By 2100: 60,585 · -21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 6% Two or more races 6% Black 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 3% Serbian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Anderson

• 2024 margin: Solid R (+35.7) · D 31.5% · R 67.3% · Other 1.2%
• 2008→2024 swing: -9.5pp toward R · 2008: -26.2pp · 2024: -35.7pp
• All cycles: 2024: R+35.7 2020: R+32.2 2016: R+34.3 2012: R+29.8 2008: R+26.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -92.10%
• Current HPI: 325.6584
• Rent YoY: —
• Metro: Knoxville, TN
• 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

+467.4% since first listed

17 events — show timeline

• 2026-04-27 Pending — Knoxville MLS
• 2026-04-24 Sold (MLS) — Knoxville MLS
• 2026-03-19 Pending — Knoxville MLS
• 2026-01-29 Contingent — Knoxville MLS
• 2026-01-21 Listed $122,000 Knoxville MLS
• 2024-11-20 Sold (Public Records) $224,000 Public Records
• 2024-11-08 Sold (MLS) $224,000 Knoxville MLS
• 2024-10-09 Contingent — Knoxville MLS
• 2024-10-04 Price Changed $222,000 Knoxville MLS
• 2024-09-09 Price Changed $224,000 Knoxville MLS
• 2024-08-14 Price Changed $225,000 Knoxville MLS
• 2024-07-18 Price Changed $230,000 Knoxville MLS
• 2024-07-11 Price Changed $242,000 Knoxville MLS
• 2024-06-20 Price Changed $245,000 Knoxville MLS
• 2024-05-11 Listed $250,000 Knoxville MLS
• 2021-11-05 Sold (Public Records) $133,000 Public Records
• 1999-05-14 Sold (Public Records) $21,500 Public Records

Property tax history

+9.3%/yr

Latest (2025): $879 · +141.5% YoY. Source: county tax records.