$255,000

503 E Market St Lebanon, TN 37087

$3,028
Closing credit¹
3 beds
2 full
1,057 sqft
0.10 acres
$241 / sqft
House

Property details

About 503 E Market St

This 3 bed, 2 bath home has been recently updated and is full of charm! Located just a short walk from all the restaurants, shops, and events on the Lebanon Square, it’s perfect for first-time buyers or a great cash flowing rental home. 10 ft ceilings and a functional layout gives it a spacious feel. The backyard offers privacy and a 3yr old shed for storage. Street parking and driveway parking. HVAC only a few years old. Move-in ready and super convenient—come check it out!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,057 sqft
Lot size0.1 Acres
Year built1935
MLS #2817077

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Laminate
  • Interior: Ceiling Fan(s)
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • List Price: $255,000
  • Price/SqFt: $241
  • Annual Tax Amount: $461
  • Tax Year: 2023
  • Directions: Take exit 239B toward Lebanon onto US-70 W (Sparta Pike). Go for 1.8 mi. Then 1.8 mi Turn left onto E Main St (US-70-BR). Go for 0.4 mi. Then 0.4 mi Turn right onto Owen St. Go for 322 ft. Then 0.06 mi Turn right onto E Market St. Go for 85 ft.
  • Year Built: 1935
  • Living Area: 1,057 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 2817077
  • MLS Name: REALTRAC
  • Office Name: Blackwell Realty and Auction
  • Listing Agent: Elizabeth Fast

IDX 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.

IDX© 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: 5/29/2025, 1:18:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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503 E Market St, Lebanon, TN 37087 - view of front of home with a porch, roof with shingles, and a front yard

$255,000

503 E Market St

$3,028

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 24, 2023
Home Sold
$200,000
May 23, 2014
Home Sold
$53,000
Jan 03, 2008
Home Sold
$42,000

Tax history

YearAssessmentProperty Tax
2023$15,950$461
2022$15,950$460
2021$15,950$460
2020$15,950$422
2019$11,225$422
2018$11,225$394
2017$11,225$394

History based on county public records data.

Nearby schools

5

Coles Ferry Elementary School

Public District PK-5

1.1 mi

511 Coles Ferry Pike

6

Sam Houston Elementary School

Public District PK-5

1.2 mi

207 Oakdale Dr

5

Castle Heights Elementary School

Public District PK-5

1.5 mi

1007 N Castle Heights Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,036. The majority of Lebanon, TN residents have income less than $<35k annually. 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?

51%
<35k
40%
35k-100k
5%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
26%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
34%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Lebanon, TN

Transportation in Lebanon includes a combination of private and public transit options, with a focus on convenience and accessibility. The city's layout and infrastructure support a range of commuting preferences, from driving to cycling, with certain areas being particularly pedestrian-friendly. The road network facilitates easy travel to and from the city, with ongoing improvements aimed at enhancing the efficiency of local transport.

Lebanon provides a range of essential services to its residents, including a solid educational system with multiple public and private schools catering to different educational needs. The city is served by healthcare facilities that offer a variety of services, from primary care to specialized treatments. Retail and dining options are abundant, reflecting the local culture and providing residents with a taste of Lebanon's hospitality.

Lebanon prides itself on a warm, community-oriented atmosphere, with a rich history that is celebrated through local events and festivals. The city's character is further defined by its scenic parks and historic sites, which contribute to the area's charm and appeal to residents and visitors alike.

The housing landscape in Lebanon, Tennessee, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area reflect a blend of traditional and contemporary designs, with a noticeable presence of brick and stone facades. The market is diverse, offering options for various preferences and budgets.

About 503 E Market St

The listing price of 503 E Market St property is $255,000.

The property 503 E Market St is a house located in Lebanon, Tennessee, 37087.

Active Listing: 503 E Market St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 E Market St are: Coles Ferry Elementary School (GreatSchools Rating 5/10), Sam Houston Elementary School (GreatSchools Rating 6/10), Castle Heights Elementary School (GreatSchools Rating 5/10), Walter J. Baird Middle School (GreatSchools Rating 5/10), Winfree Bryant Middle School (GreatSchools Rating 5/10), Southside Elementary School (GreatSchools Rating 6/10), Lebanon High School (GreatSchools Rating 7/10), Barry Tatum Academy (GreatSchools Rating 8/10), Wilson Central High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $461 (source: MLS/based on county public records data).

The last sale was on July 24, 2023 for $200,000 (source: MLS/tax record).

The property at 503 E Market St has 3 bedrooms and 2 bathrooms.

The property 503 E Market St is 1,057 SqFt (source: MLS/tax record).

The year of construction for 503 E Market St is 1935.

This home is located at 503 E Market St in Lebanon, TN and zip code 37087. This 1,057 square foot home, which was built in 1935, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $255,000.

Lebanon, TN housing market in April 2025 saw over 14 listings sold above listed price, more than 62 sold at listed price and over 61 sold below. The number of homes for sale in Lebanon, TN increased by 8.8% between March and April 2025. In April 2025 median list price was $410,250 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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