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244 County Farm Rd, Cookeville, TN, 38501

1beds
1baths
576sqft
$225,000
$391price/sqft
$1,516/moest. monthly cost
$60,640/yrincome needed

About This Home

Sitting just outside the Cookeville city limits, this unique investment opportunity has 1.7 unrestricted acres with multiple structures and endless potential. The property features a newly built 1 bedroom, 1 bathroom home perfect for rental income, guest quarters, or owner occupancy while completing additional projects. Also included is a gutted 1435sqft house ready for your vision and finishing touches—ideal for a flip, long-term rental, or multi-generational living. A spacious 30'x60' (1800sqft) two-bay garage provides ample storage, workshop space, or equipment parking. Peaceful setting with room to expand, no city taxes, and great potential for investors, builders, or anyone looking for a versatile property in a growing area. Endless possibilities await! Gas and Internet are available at the street but not run to the house yet.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
5/10
Upperman Middle SchoolGrades 5-84.5 mi
5/10
Upperman High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Features

  • Window features: Double Pane Windows

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Other

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Property

Details

  • Parcel number: 126.01

Features

  • Patio & porch: Deck
  • Exterior features: Horses Allowed
  • Horses can be raised: Yes

Lot

  • Lot size: 1.73 Acres
  • Features: Wooded,Cleared
  • Lot size dimensions: See Acreage

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Covered spaces: 2

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
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm

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 $1,137$13,644
Home Insurance $114$1,368
Property Taxes $90$1,080
Electricity $175$2,103
Total$1,516$18,192

Income You'd Need if You Spent...

35% on housing$51,977/yr
40% on housing$45,480/yr
45% on housing$40,426/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$391This listing

vs Other Active Listings

Avg $/sqft

ZIP 38501$151
Putnam County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 38501$178
Putnam County$193

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)

No zestimate history available

Price History

DateEventPrice
2026-07-30Price change$225,000
2026-05-22Listed for sale$230,000
2016-04-06Sold$52,549
2016-03-14Listed for sale$44,000
2015-11-13Listing removed$56,800
2015-10-30Listed for sale$56,800
2015-09-18Listing removed$56,800
2015-09-11Price change$56,800
2015-08-08Listed for sale$66,780
2015-07-20Sold$70,695
2008-07-25Listing removed$129,900
2008-06-11Listed for sale$129,900
2008-04-12Listing removed$134,900
2008-02-02Listed for sale$134,900
1999-01-26Sold$53,000

For Sale by Agent

AgentSpencer Mason
BrokerageThe Real Estate Collective

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