NEW

For sale

$55,000

Est. $367/mo —

•

1,523

sq ft

311 Prospect Rd, Fayetteville, TN 37334

About this home

Attention investors & savvy buyers! This 2-bedroom, 1-bath home is a diamond in the rough, ready for your vision & renovation skills. This property needs work but offers a great opportunity to add value & build equity. Whether you're looking to flip, rent, or customize it into your dream space, the possibilities are endless. Don’t miss out on this rare chance to bring your toolbox & creativity to make it shine! Home sold as-is, no repairs to be made.

Single-familyProperty Type

1955Year Built

1 acresLot Size

$36Price/Sq.Ft.

Listed by Frances Ring • Leading Edge Real Estate Group

Contact: 9319936140

Listing updated: Sep 22, 2026 at 02:19pm

Redfin checked: 2 minutes ago

•Source:REALTRACS as Distributed by MLS Grid #3597733

Payment calculator

$367 per month

Principal and interest$296

Property taxes

$49

HOA dues

Home insurance

$22

Utilities

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Nearby open houses (2)

Around this home

Schools

K - 12
Preschool & daycare

South Lincoln Elementary School

Public PreK-8 • Assigned • 1.5mi

5/10

Lincoln County High School

Public 9-12 • Assigned • 5.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

311 Prospect Rd · $55,000

SALE-TO-LIST

Most homes are selling 5% below list price.

LIST PRICE

Median sale price in this area is $264,881. (382% higher than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
No basement
No built-in heating
No built-in cooling

Bedrooms
2 bedrooms (both on the main level)

Bathrooms
1 full bathroom

Kitchen
No appliances indicated

Laundry & utility
No laundry appliances indicated

Flooring
Vinyl flooring
Other flooring

Heating & cooling
No heating
No cooling

Sale and tax history for 311 Prospect Rd

Sale History
Tax History

Date

Event

Price

REALTRACS as Distributed by MLS Grid #3597733

Sep 22, 2026

Listed

$55,000

$36/sq ft

REALTRACS as Distributed by MLS Grid #2822826

Jun 9, 2025

Sold

$75,000

$49/sq ft

May 25, 2025

Pending

—

May 22, 2025

Price Changed

$85,000

$56/sq ft

May 1, 2025

Listed

$100,000

$66/sq ft

Apr 25, 2025

Coming Soon

$100,000

$66/sq ft

Attention investors and savvy buyers! This one-bedroom, one-bath home is a diamond in the rough, ready for your vision and renovation skills. This property needs work but offers a great opportunity to add value and build equity. Whether you're looking to flip, rent, or customize it into your dream space, the possibilities are endless. Don’t miss out on this rare chance to bring your toolbox and creativity to make it shine! Home sold as-is, no repairs to be made.

Public Records

Apr 4, 2005

Sold

$35,000

$23/sq ft

Public Records

Mar 5, 2003

Sold

$21,000

$14/sq ft

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1 Acre

Year renovated

1979

Finished Sq. Ft.

1,523

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,523

Year built

1955

Style

Single Family Residential

County

Lincoln County

APN

127 05100 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 6, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 105° expected this year, 19 days in 30 years

4/10 Wind Factor

15% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Fayetteville, TN • 37334

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 311 Prospect Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $212,000 and $260,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $212K to $260K.

SOLD AUG 31, 2026
$218,000 Last sold price
3 beds1 bath1,505 sq ft
30 West Prospect Rd, Fayetteville, TN 37334
$109/sq ft
smaller lot
10 years newer
SOLD MAY 13, 2026
$215,000 Last sold price
3 beds2 baths1,450 sq ft
3 Park City Heights Rd, Fayetteville, TN 37334
$112/sq ft
smaller lot
21 years newer
SOLD JUN 5, 2026
$219,000 Last sold price
3 beds2 baths1,486 sq ft
12 Perkins Rd, Fayetteville, TN 37334
$111/sq ft
smaller lot
8 years newer
SOLD AUG 19, 2026
$260,000 Last sold price
3 beds2 baths1,431 sq ft
6 Robinwood Dr, Fayetteville, TN 37334
$146/sq ft
smaller lot
48 years newer
SOLD SEP 8, 2026
$212,000 Last sold price
3 beds2 baths1,262 sq ft
7 Timbers Edge Rd, Fayetteville, TN 37334
$132/sq ft
smaller lot
56 years newer
SOLD AUG 28, 2026
$222,000 Last sold price
3 beds2 baths1,288 sq ft
19 Ash Grove Rd, Fayetteville, TN 37334
$136/sq ft
48 years newer

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