5 days on Rocket
$6,768 Closing Credit¹
#2822458, John Houston, Listing Office: Onward Real Estate
$599,900 List price
42 Oakleaf Trl Tracy City, TN 37387
$7,124
Closing credit¹
2 beds
1 full
840 sqft
0.5 acres
$714 / sqft
House
Property details
About 42 Oakleaf Trl
Looking for the perfect chance to break into the lucrative Short-Term Vacation Rental (STVR) market? This is the opportunity you've been waiting for! Located in The Retreat at Waters Edge in Tracy City, TN—just an hour from Chattanooga and 1.5 hours from Nashville—this prime investment offers not just one, but TWO completely furnished income-generating properties. With a strong three year rental history, this hidden gem demonstrates consistent demand and reliable income and is drawing both vacationers and savvy investors seeking profitable, experience-driven stays. With two rental-ready properties, you have the potential to double your revenue stream, maximize occupancy, and cater to the growing demand for nature-inspired getaways. Guests will enjoy serene lakefront views, community docks, a playground, and cozy communal firepits, plus nearby access to Deer Lick Falls, Sunset Bluff, and 12,000+ acres of South Cumberland State Park for endless outdoor adventures. Each of these highly desirable tiny homes features 1 bed, 1 bath, a loft, and built-in bunk beds, comfortably sleeping six guests—now, double that, and you have space for a group of twelve—ideal for larger gatherings. Thoughtful upgrades including an electric fireplace, screened in porches, full kitchen, personal firepits and and an in-unit washer/dryer enhancing guest comfort and rental appeal. Located in a thriving rental-friendly community, this property sits on a serene 75-acre calm water lake, offering sought-after outdoor activities like fishing, kayaking, and canoeing. Guests can also enjoy nearby hiking trails including the popular Fiery Gizzard, antiquing, zip-lining, and concerts at The Caverns—all top attractions in the area. With its prime location near the University of the South, various State Parks and year-round tourism, this property presents an excellent opportunity for investors looking for a high-occupancy rental with strong income history.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size840 sqft
BasementYes
Lot size0.51 Acres
Year built2021
ParkingDriveway, Gravel
MLS #2821543
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Dishwasher, Refrigerator
- Basement: Yes
- Flooring Type: Vinyl
- Interior: Ceiling Fan(s), Open Floorplan, Pantry, Storage, Primary Bedroom Main Floor, High Speed Internet
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Gravel
- Exterior: Gas Grill, Smart Camera(s)/Recording, Smart Lock(s)
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $599,900
- Price/SqFt: $714
- HOA Amount: $100
- HOA Frequency: Monthly
- Annual Tax Amount: $1,628
- Tax Year: 2023
- Lot: Cleared, Cul-De-Sac, Rolling/Hilly, Private
- Directions: From US-41 turn left onto Colyar St, turn right onto Water's Edge Way, tiny homes are on the right
- Year Built: 2021
- Living Area: 840 SqFt
- Lot Size: 0.51 Acres
- MLS Number: 2821543
- MLS Name: REALTRAC
- Office Name: Greater Chattanooga Realty, Keller Williams Realty
- Listing Agent: Mark Morris
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 3:18:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,900
42 Oakleaf Trl
$7,124
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 05, 2022 | Home Sold | $525,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $90,650 | $1,628 |
History based on county public records data.
Nearby schools
8
Sewanee Elementary School
Public District KG-5
10.6 mi
•209 University Ave
6
Whitwell Elementary School
Public District PK-4
13.5 mi
•150 Tiger Trl
2
Jasper Elementary School
Public District PK-4
14.3 mi
•495 Warrior Dr
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 $33,687. Most Tracy City, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
52%
<35k
43%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
11%
Single, with Kids
32%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 42 Oakleaf Trl
The listing price of 42 Oakleaf Trl property is $599,900.
The property 42 Oakleaf Trl is a house located in Tracy City, Tennessee, 37387.
Active Listing: 42 Oakleaf Trl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 42 Oakleaf Trl are: Sewanee Elementary School (GreatSchools Rating 8/10), Whitwell Elementary School (GreatSchools Rating 6/10), Jasper Elementary School (GreatSchools Rating 2/10), Tracy Elementary School (GreatSchools Rating 4/10), Monteagle Elementary School (GreatSchools Rating 6/10), Coalmont Elementary School (GreatSchools Rating 4/10), Grundy County High School (GreatSchools Rating 5/10), Whitwell High School (GreatSchools Rating 6/10), Marion County High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,628 (source: MLS/based on county public records data).
The last sale was on May 5, 2022 for $525,000 (source: MLS/tax record).
The property at 42 Oakleaf Trl has 2 bedrooms and 1 bathroom.
The property 42 Oakleaf Trl is 840 SqFt (source: MLS/tax record).
The year of construction for 42 Oakleaf Trl is 2021.
This home is located at 42 Oakleaf Trl in Tracy City, TN and zip code 37387. This 840 square foot home, which was built in 2021, sits on a 0.51 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $599,900.
Over 1 listings were sold over their listed price in March 2025 in Tracy City, TN. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In March 2025 in Tracy City, TN there were 25.7% more homes for sale than in February. Listings spent 31 days on the market in March 2025, and had a median list price of $275,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.