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BJ Can Help You Purchase This Home
Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!
516 Thomas Rd, Speedwell, 37870
Priced At: $379,400
Property Details for ID: 1339211
SqFt: 3,344
Price SqFt: $113
Total Bedrooms: 7
Full Baths: 4 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-05-01T23:47:55Z
Subdivision: no
Public Remarks: 2 Single Family Houses for this price! Home 1 is 2200 sq ft Home 2 is 1144 sq ft. Nestled on over three acres in a picturesque country setting, this unique property offers the perfect blend of privacy, versatility, and convenience. Featuring two beautifully updated homes, it's ideal for multi-generational living, rental income, or an investment opportunity. Home One welcomes you with a charming, inviting front porch--perfect for relaxing and taking in the peaceful surroundings. Inside, you'll find a thoughtfully updated 4-bedroom, 2-full bath layout with durable laminate wood and carpet flooring throughout, creating a seamless, low-maintenance living space and has a handicap accessible ramp. Home Two is a well-maintained ranch-style residence offering comfort and functionality, complete with a screened-in porch for enjoying the outdoors year-round. Laminate, ceramic, and carpet throughout. This home features 3 bedrooms and 2 full baths, along with numerous updates that make it move-in ready. The expansive acreage provides endless possibilities--whether you're looking to bring your horses, start a small homestead, or simply enjoy the extra space and privacy. All of this is just minutes from local shopping, dining, and Lincoln Memorial University, as well as the charm of the historic Cumberland Gap area. Outdoor enthusiasts will love the close proximity to hiking trails, park, lakes, and rivers. If you've been searching for a property that offers flexibility, natural beauty, and convenience, this one truly has it all. Survey on file. *Buyer to verify all information including but not limited to acreage, square footage and taxes.
Schools Information
Elementary School:Middle / Junior School:
High School: Cumberland Gap
Building Description
Site Built: Yes
Year Built: 1960
Total Rooms: 6
SqFt (Total): 3,344
SqFt (Main Lvl): 1,844
SqFt (Down Lvl): 1,500
SqFt (2nd Flr Lvl): 800
SqFt (3rd Flr Lvl): 2,400
Full Baths: 4
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Extra Storage: No
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
GPS will locate but coming from Harrogate: Turn onto TN-63 W 6.6 mi Turn right onto Town Creek Rd 0.1 mi Continue onto Old State Hwy 63 269 ft Turn left onto Thomas Rd 0.8 mi 516 Thomas Rd Speedwell, TN 37870
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!