516 Thomas Rd

Speedwell, TN
$ 358,300 Beds 7 Baths 4 Sq 3,344
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 358,300
  • City
  • Speedwell
  • Bedrooms
  • 7
  • Full Bathrooms
  • 4
  • County
  • Claiborne
  • Half Bathrooms
  • 0
  • Area
  • Claiborne County
  • Lot Size
  • 3.39 Acres
  • Zip
  • 37870
  • Sqr Footage
  • 3,344
  • Year Built
  • 1960
  • Taxes
  • $ 1260
  • Style
  • Traditional
  • MLS#
  • 1339211
Listed By: Mountain Realty
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Heat Pump,Electric
Cooling Central Cooling
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer
Architectural Style Traditional
Construction Materials Frame
Year Built 1960
View Country Setting
Property Subtype Single Family Residence
County Claiborne County - 44
Property Type Single Family
Attached Garage false
Subdivision Name no
Total Rooms 6
Full Baths 4
Status Active
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
High School Cumberland Gap
City Speedwell
MLS Area Claiborne County - 44
Lot Size Units Acres
Lot Size Square Feet 147668.4
Property Attached Y/N false
MLS Area Minor Claiborne County - 44
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing Coventional true

Interior Features

Interior Amenities Eat-in Kitchen
Basement Crawl Space
Flooring Laminate,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Wood
Fireplace Y/N true
Total Bedrooms 7
Total Baths 4

Exterior Features

Parking Features Carport,Other
Lot Features Level
Water Source Public
Lot Size Area 3.39
Building Area Total 3344
Lot Size Acres 3.39
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Cumberland Gap High School

Price History

5/1/2026 Listed $379,900
6/8/2026 Listed $379,400
7/13/2026 Listed $378,900
8/1/2026 792% - $3,378,700
8/2/2026 89% - $378,700
8/10/2026 Listed $378,500
8/18/2026 Listed $378,300
8/21/2026 3% - $368,300
9/22/2026 3% - $358,300

Property vs Zip Code Average in 37870

Price
AVG $460K
$360K
Taxes
AVG $1,084
$1,260
Year Built
AVG 1995
1960

516 Thomas Rd Speedwell, TN is a Single Family Home for sale at $358300 with 3344 sqft and a lot size of 3.39 Acres Acre(s). 516 Thomas Rd Speedwell has 7 bedrooms, 4 baths and was built in 1960. The property's zip code is 37870 which is in Speedwell, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.