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.
Single-familyProperty Type
2026Year Built
1.73 acresLot Size
$391Price/Sq.Ft.
2 spacesParking
Listed by Spencer Mason• The Real Estate Collective
REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.
Year
Property tax
Land + Additions
Assessment*
2025
$1,039
2024
$1,039
2023
$1,039 (+7.7%)
2022
$965
2021
$965 (+4.7%)
2020
$922
2019
$922 (+7.1%)
2018
$861
2017
$861
2016
$861 (+11.0%)
2015
$776
2014
$776
Public record
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.73 Acres
Year renovated
2008
Finished Sq. Ft.
1,435
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,435
Year built
1997
Style
Single Family Residential
County
Putnam County
APN
039 12601 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 6, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
3/10 Wind Factor
8% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cookeville, TN • 38501
Average low and high temperatures (°F)
43
25
53
33
67
45
75
53
76
58
84
66
89
71
84
65
81
61
72
50
62
43
51
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 244 County Farm Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $150,000 and $413,658.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $150K to $414K.