118 Lackey Rd, Castalian Springs, TN, 37031
About This Home
**NEW PRICE** Investor Special – Bring Your Vision! Unlock the potential of this spacious home ready for its next chapter. This property has already begun the renovation process and offers an excellent opportunity for investors, flippers, or buyers looking to customize a home to their own taste. The interior has been partially gutted, providing a blank canvas for a complete transformation. The home features a functional layout with generous room sizes and is ready for new finishes throughout. Whether you're planning a full renovation for resale, a long-term rental, or your own residence, this property offers tremendous upside for the right buyer. Property is being sold AS IS, with no repairs to be made by the seller. Cash or renovation financing is recommended. Buyer to verify all pertinent information, including square footage, schools, and any items of importance. Don't miss this opportunity to add value and create something special!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: None
Basement
- Has basement: Yes
- Basement: Other
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Flooring: Other
- Finished area above ground: 1,848
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Property
Details
- Parcel number: 110 03900 000
- Special condition: Standard
Features
- Levels: One
- Stories: 2
Lot
- Lot size: 0.83 Acres
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $859 | $10,308 |
| Home Insurance | $74 | $888 |
| Property Taxes | $196 | $2,352 |
| Electricity | $175 | $2,103 |
| Total | $1,304 | $15,648 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $159,900 |
| 2026-07-30 | Price change | $169,900 |
| 2026-07-22 | Price change | $189,000 |
| 2026-07-15 | Listed for sale | $199,000 |
| 2024-03-02 | Listing removed | -- |
| 2024-01-16 | Listed for sale | $188,000 |
| 2023-10-23 | Contingent | $199,999 |
| 2023-10-08 | Listed for sale | $199,999 |
| 2015-02-20 | Sold | $32,694 |
| 2015-01-17 | Price change | $30,800 |
| 2014-12-20 | Price change | $35,800 |
| 2014-11-21 | Price change | $40,800 |
| 2014-10-21 | Price change | $50,800 |
| 2014-09-20 | Price change | $55,400 |
| 2014-07-24 | Price change | $58,300 |
| 2014-06-26 | Price change | $61,300 |
| 2014-06-24 | Price change | $60,000 |
| 2014-05-28 | Price change | $64,500 |
| 2014-04-25 | Pending sale | $69,000 |
| 2014-04-25 | Listed for sale | $69,000 |
| 2014-04-03 | Sold | $54,667 |
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