2978-54 State Hwy E, Covington, TN, 38019
About This Home
**Affordable Country Living on 1.65 Acres!** Welcome to 2978 Hwy 54 E in Covington, TN. Priced at just **$125,000**, this property offers a great opportunity for homeownership, investment, or peaceful rural living. Situated on **1.65 acres**, you'll enjoy plenty of outdoor space with room for gardening, recreation, or future improvements. Water heater only 2 years old. Whole house replaced from poly pipes to pex 2 years ago HVAC is actually a heat pump it is 2 years old Dishwasher & Stove is 2 years old Washer and dryer do not stay. Conveniently located with easy access to Covington while providing the privacy and charm of country living. Don't miss this chance to own acreage at an exceptional value!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2010
Materials
- Construction materials: Aluminum/Steel Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,512 sqft
Kitchen
- Features: Eat-in Kitchen,Kitchen Island
Property
Details
- Parcel number: 042 02901
Features
- Stories: 1
- Pool features: None
- Exterior features: Other (See REMARKS)
Lot
- Lot size: 1.65 Acres
- Features: Some Trees
- Lot size dimensions: 1.65
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
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
- Tornado
- Cold Wave
- Earthquake
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
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 | $632 | $7,584 |
| Home Insurance | $93 | $1,116 |
| Property Taxes | $58 | $696 |
| Electricity | $175 | $2,103 |
| Total | $958 | $11,496 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Listed for sale | $125,000 |
View on Zillow