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Benton 37307
138 Highland Drive
Photo of 138 Highland Drive
Sold on Aug 28, 2025

32

Map

Photo of 138 Highland Drive
Photo of 138 Highland Drive
$220,000
● House - Off Market

138 Highland Drive

Benton, TN 37307
bedrooms
2 Beds
bathrooms
1 Bath
square feet
896 Ft²
$1,166
Est. Monthly

About This Property

Welcome home to this beautifully updated 2-bedroom, 1-bathroom house with stunning city and mountain views! Step inside to find luxury vinyl flooring throughout, offering a modern touch and easy maintenance. The kitchen features brand new butcher block countertops, a deep sink, and a built-in microwave, perfect for both everyday use and entertaining. Major upgrades include a new HVAC, roof, gutters, and a water heater less than a year old, plus the septic system has been recently cleaned out. Outside, enjoy relaxing on the covered front porch, while the property also includes a dedicated workshop for hobbyists or DIY enthusiasts and a storm shelter for added peace of mind. With low taxes and thoughtful improvements throughout, this home is ready for you to make it your own!
Unit Size
896 Ft²
Days on Market
233 days
Land Size
0.23 acres
Price per sqft
$251
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC2982127)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Premium
Sold
Jan 3, 2025 Listed by eXp Realty, LLC $225,000
Listed by eXp Realty, LLC
Oct 15, 2022 No longer available -
No longer available
Sep 18, 2022 In contract -
In contract
Sep 16, 2022 Listed by Re/Max Experience $170,000
Listed by Re/Max Experience
If you are looking for the perfect starter house to make into a home, this is it!! This charming house has been COMPLETELY REMODELED! Alot of improvements have been made including a new roof, HVAC unit, all new LVT flooring and many more! The home is very conveniently located right in Benton close to the downtown square and situated on a corner lot. The front porch is the perfect spot to sit and sip your coffee in the mornings while viewing the mountains. Call today to schedule your showing! The manager has listed the unit size as 896 square feet.
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Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 896
  • Gross Building Area: 896
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 11
  • Legal Description 1: 132MX80M LOTS 166 & 186

Neighborhood

  • School District Name: Polk County School District
  • School Tax School District: 70066
  • Census Tract: 950203

Geography

  • Assessors Map Reference: 045C
  • District: 01
  • Parcel: 045C-C-012.00
  • Lot: 2
  • Municipality: BENTON
  • Latitude: 35.1731
  • Longitude: -84.6552

    Address

  • Full Address: 138 Highland Dr
  • Address - House Number: 138
  • Address - Street Name: Highland
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Benton
  • Carrier Code: R003
  • 4-Digit Zip Code: 3010
  • Zip Code: 37307

Valuation

    Tax

  • Total Area: 896
  • Tax Year: 2023
  • Tax Amount: $111,800
  • Tax Rate Code Area: 70A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 391,883
  • High Value: 571,810
  • Low Value: 211,955

    Market Valuation

  • Market Total Value: $132,300
  • Market Land Value: $13,500
  • Market Improvement Value: $118,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $33,075
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $29,700

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2991
  • Previous Sale Recording Date: Mar 15, 2022
  • Previous Sale Contract Date: Mar 10, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Benton

Stats & Trends

Median Asking:

$243,000

Sale Price/ft²

$203

Above Asking

0.00%

Average Days on Market

166

Average Home Size

1822 ft²

Average Home Age

21.6 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Darren Miller, eXp Realty, LLC
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC2982127
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 138 Highland Drive built and last sold?
The property at 138 Highland Drive was built in 1930 and last sold on Oct 14, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 138 Highland Drive is $218,360.
What are some comparable homes to 138 Highland Drive?
There are currently no comparable homes to 138 Highland Drive.
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