#706551, Paul M. LeBel, Will Sliger, Listing office: LeBel Commercial Realty
Property details
About 1770 Walters Dr
Presenting 26± acres of residential development land located at 1770 Walters Dr, Morristown, TN 37814. This strategically positioned site sits within city limits and is currently zoned R-2 (Medium Density Residential), allowing for single-family, duplex, and triplex dwellings by right. The R-2 zoning supports approx. 8-9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers. With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).
Highlights
Home typeOther
StatusActive
Lot size25.67 Acres
MLS #1307842
Summary
- List Price: $875,000
- Annual Tax Amount: $1,016
- Tax Year: 2022
- Lot: Corner Lot, Irregular Lot
- Directions: Turn off of W Andrew Johnson Highway onto Walters Drive, continue for approximately one mile, on the right, and across the Water Treatment Plant is 1770 Walters Drive.
- Lot Size: 25.67 Acres
- MLS Number: 1307842
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: SVN I Wood Properties
- Office Phone: (865) 936-9999
- Office Email: marisa.hipsher@svn.com
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Last updated on: 7/21/2025, 6:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 14, 2022 | Home Sold | $127,000 |
| Jun 02, 2022 | Home Sold | $90,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,175 | $- |
| 2022 | $32,175 | $1,016 |
| 2021 | $32,175 | $1,016 |
| 2020 | $32,175 | $1,016 |
| 2019 | $28,775 | $865 |
| 2018 | $28,775 | $865 |
| 2017 | $28,775 | $851 |
History based on county public records data.
Nearby schools
5
West Elementary School
Public District PK-5
0.4 mi
•235 W Converse St
3
Fairview Marguerite
Public District KG-5
1.4 mi
•2125 Fairview Rd
5
Manley Elementary School
Public District PK-5
1.7 mi
•551 W Economy 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 $34,875. Most Morristown, TN residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
50%
<35k
41%
35k-100k
3%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
49%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
30%
35-64 yrs old
31%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
Figure Skating
Where do the neighbors shop?
Family Dollar
Stein Mart
Big Lots
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Church's Chicken
What do the neighbors drive?
Chevrolet
Buick
Cadillac
What do the neighbors listen to?
Rock
Contemporary Inspirational
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1770 Walters Dr
The listing price of 1770 Walters Dr property is $875,000.
The property 1770 Walters Dr is land located in Morristown, Tennessee, 37814.
Active Listing: 1770 Walters Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1770 Walters Dr are: West Elementary School (GreatSchools Rating 5/10), Fairview Marguerite (GreatSchools Rating 3/10), Manley Elementary School (GreatSchools Rating 5/10), Lincoln Heights Middle School (GreatSchools Rating 5/10), Meadowview Middle School (GreatSchools Rating 5/10), West View Middle School (GreatSchools Rating 6/10), Morristown East High School (GreatSchools Rating 4/10), Morristown West High School (GreatSchools Rating 5/10), Hamblen County Alternative School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $1,016 (source: MLS/based on county public records data).
The last sale was on September 14, 2022 for $127,000 (source: MLS/tax record).
The property 1770 Walters Dr is 25.67 acres.
This home is located at 1770 Walters Dr in Morristown, TN and zip code 37814. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $875,000.
Morristown, TN housing market in June 2025 saw over 10 listings sold above listed price, more than 11 sold at listed price and over 32 sold below. The number of listings in Morristown, TN increased by 0.8% between May and June 2025. Listings spent 31 days on the market in June 2025, and had a median list price of $290,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.