Incredibly located lot with commercial potential, right off the Watt Rd I-40/I-75 Exit. Potential uses include retail, office, industrial, medical, and more! Exact acreage TBD, approximately 2.68 to 3+ acres based on aerial measurements from TN Property Viewer (https://tnmap.tn.gov/). Additional lots & acreage may be available. Direct road frontage, visible from I-40/I-75 interstate travel lanes. Only steps away from the new planned Prosperity Crossing development, which is expected to include multiple hotels, entertainment, retail, apartments and more!
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 531-2020
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 2.68 Acres
Other
Directions Information:
Directions: Take the Watt Rd from I-40/I-75 North Toward Hardin Valley. Left on El Camino Ln on right before truck wash. Property on right just past TGS Precision.
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lenoir City, TN.
This property is $55.1K more than the Median Sold Price in Lenoir City, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1275873
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 531-2020
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Eaton Elementary School
423 Hickory Creek Rd
Distance between this listing and this school3.23 miles
Public District Grades PK-4
7
/10
Highland Park Elementary School
4404 Highway 11 E
Distance between this listing and this school4.39 miles
Public District Grades PK-4
3
/10
Lenoir City Elementary School
203 Kelly Ln
Distance between this listing and this school5.13 miles
Public District Grades PK-3
Nearby Schools
8
/10
North Middle School
421 Hickory Creek Rd
Distance between this listing and this school3.16 miles
Public District Grades 5-8
5
/10
Lenoir City Middle School
2141 Harrison Ave
Distance between this listing and this school4.57 miles
Public District Grades 4-8
9
/10
Farragut Middle School
200 W End Ave
Distance between this listing and this school5.38 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lenoir City High School
1485 Old Highway 95
Distance between this listing and this school4.96 miles
Public District Grades 9-12
9
/10
Farragut High School
11237 Kingston Pike
Distance between this listing and this school5.16 miles
Public District Grades 9-12
6
/10
Hardin Valley Academy
11345 Hardin Valley Rd
Distance between this listing and this school5.83 miles
The neighbors living near this home have an average income of $58,726. Residents of Lenoir City, TN typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About El Camino Ln
What is the listing price of this property?
The listing price of El Camino Ln property is $475,000.
What type of property is this?
The property El Camino Ln is land located in Lenoir City, Tennessee, 37771.
Is this property for sale now?
Active Listing: El Camino Ln is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on August 14, 2007 for $350,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at El Camino Ln in Lenoir City, TN and zip code 37771. This home sits on a 2.68 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $475,000.
In October 2024 more than 4 listings in Lenoir City, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 21 were sold below. Between September 2024 and October 2024, Lenoir City, TN real estate market has seen decrease in the number of listings by 0.6%. In October 2024 median list price was $419,900 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.