1418 Mae Collins Rd Morristown, TN 37813
Property details
About 1418 Mae Collins Rd
An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details: 2 bedrooms, 1 bathroom Approximate size: 14x40 (buyer should confirm exact dimensions) Some units have washer/dryer hookups Window heat/air units Rental Income: Current rent per home: $725/month Total current rent for 7 homes: $5,075/month Utility Information: Property owner covers water for all homes Tenants pay for individual electric service Each of the 11 spaces has electric and septic hookups available Additional Details: 1 home is undergoing a remodel, offering the potential for increased rent Significant upside potential for development of the remaining 4 lots This property is a promising investment with consistent rental income and the opportunity to add value through future development. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Highlights
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 8
- List Price: $525,000
- Price/SqFt: $937
- Annual Tax Amount: $45
- Tax Year: 2022
- Directions: Head south on US-25 E S toward Wilson Hale Rd Turn right onto Wilson Hale Rd Turn right onto TN-343 N Turn left onto Pinebrook Rd Turn right onto Sulphur Springs Rd Turn right onto Mae Collins Rd Turn left Destination will be on the right
- Year Built: 2020
- Living Area: 560 SqFt
- Lot Size: 1.7 Acres
- MLS Number: 706110
- MLS Name: Lakeway
- Office Name: Griffin Home Group
- Office Phone: (843) 339-1692
- Office Email: fitnessworldangiesuggs@gmail.com
- Listing Agent: James Griffin
Listing information provided in part by the Lakeway Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.
Copyright © Lakeway Area Association of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 11:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
1418 Mae Collins Rd
$6,234
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 06, 2020 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,300 | $- |
| 2022 | $2,300 | $45 |
| 2021 | $2,300 | $45 |
| 2020 | $2,300 | $45 |
| 2019 | $1,775 | $38 |
| 2018 | $1,775 | $38 |
| 2017 | $1,775 | $66 |
History based on county public records data.
Nearby schools
6
Lincoln Heights Elementary School
Public District PK-5
1.6 mi
•215 Lincoln Ave
6
Witt Elementary School
Public District PK-5
2.1 mi
•4650 S Davy Crockett Pkwy
4
Hillcrest Elementary School
Public District PK-5
2.6 mi
•407 S Liberty Hill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,151. The most common annual income of people living in Morristown, TN is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Sonic
Little Caesars
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Country
This home is located at 1418 Mae Collins Rd in Morristown, TN and zip code 37813. This 560 square foot home, which was built in 2020, sits on a 1.70 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $525,000.
In April 2025, from all listings sold in Morristown, TN there were more than 5 sold above asking price, over 16 sold below and more than 12 were sold right at the asked price. The number of listings in Morristown, TN increased by 8.7% between March and April 2025. In April 2025, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $285,000.