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1223 Texas Ave, Knoxville, TN, 37921

2beds
1baths
982sqft
$130,000
$132price/sqft
$1,050/moest. monthly cost
$42,000/yrincome needed

About This Home

Investor Special - Ready for Complete Renovation Opportunity awaits at 1223 Texas Ave! This 2-bedroom, 1-bath ranch-style home has been fully gutted and is ready for your vision. The heavy demolition work has already been completed, providing a blank slate for investors, flippers, or contractors looking to create value through a full renovation. Newer roof already completed, newer plumbing, electrical, and insulation already mostly completed. Conveniently located in Knoxville with easy access to shopping, restaurants, downtown, and major interstates. Cash purchase only. Property is being sold as-is. Additional investment opportunities may be available, as seller is also offering 722 Belleaire Ave and 2201 Barker Ave. All three properties have been gutted and are ready for renovation. Consider purchasing multiple properties for a larger investment project. Owner/Agent

Getting Around

41
WalkingCar-Dependent
19
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

4/10
3/10
Northwest Middle SchoolGrades 6-82.3 mi
5/10
Central High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Vinyl Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Windows - Vinyl
  • Flooring: Other
  • Number of fireplaces: 1
  • Fireplace features: None
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 982
  • Total interior livable area: 982 sqft

Property

Details

  • Parcel number: 081IC018

Features

  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 6,969 sqft
  • Features: Other
  • Lot size dimensions: 50 x 144

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Earthquake
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $657$7,884
Home Insurance $55$660
Property Taxes $163$1,956
Electricity $175$2,103
Total$1,050$12,600

Income You'd Need if You Spent...

35% on housing$36,000/yr
40% on housing$31,500/yr
45% on housing$28,000/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 37921$127
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37921$217
Knox County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$130,000
2026-07-16Price change$135,000
2026-07-01Price change$140,000
2026-06-19Listed for sale$145,000
2018-04-10Sold$37,400
2018-03-13Pending sale$42,400
2018-02-01Listed for sale$42,400
2018-01-26Pending sale$42,400
2018-01-16Listed for sale$42,400
2011-12-06Sold$11,350
2006-10-23Sold$22,000
2006-05-31Sold$45,420
2004-07-26Sold$47,500
1996-07-01Sold$16,780
1996-02-29Sold$8,000

For Sale by Agent

AgentQuinn Epperly
BrokerageReal Broker

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