Enjoy a rare blend of rural atmosphere while remaining within city limits. This property sits on a small, manageable lot and offers city water with septic already in place — a strong foundation for renovation or redevelopment. The existing home is in need of major renovation and is best suited for a full rehab or tear-down rebuild. A large barn and separate storage shed add significant value and flexibility, ideal for storage, workshop use, or future rental functionality. Located in a flood zone and priced accordingly, this property presents an excellent opportunity for investors, builders, or buyers looking to create value with the right plan. With improvements, the property has strong potential as a long-term rental or resale project. Sold as-is. Cash or renovation financing preferred.
Single-familyProperty Type
1947Year Built
0.58 acresLot Size
$86Price/Sq.Ft.
2 car garageParking
Listed by Heather Burke• Lynch Rigsby Realty & Auction, LLC
Contact: 9316759215
Bought with Torrey Perry• Century 21 Volunteer Realty
Est. $1,546 per month, based on comparable rentals
Sale and tax history for 3290 Water Tank Rd
Sale History
Tax History
Date
Event
Price
APPFOLIO #1
May 15, 2026
Rental Removed
$1,000
$1/sq ft
May 6, 2026
Listed for Rent
$1,000
$1/sq ft
REALTRACS as Distributed by MLS Grid #3117435
Mar 13, 2026
Sold
$70,000
$86/sq ft
Feb 11, 2026
Pending
—
Jan 28, 2026
Listed
$79,900
$98/sq ft
REALTRACS as Distributed by MLS Grid #2810852
May 15, 2025
Sold
$51,100
$63/sq ft
Apr 1, 2025
Pending
—
Mar 31, 2025
Listed
$39,900
$49/sq ft
+13
Home is a handy person special. Nice barn on the property.
Public Records
Mar 10, 2003
Sold
$16,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$461 (+1.3%)
2024
$455 (+1.3%)
2023
$449 (+5.4%)
2022
$426 (+67.7%)
2021
$254 (−35.2%)
2020
$392
2019
$392 (+5.1%)
2018
$373 (+6.0%)
2017
$352 (+23.5%)
2016
$285
2015
$285
2014
$285
Public record
Beds
—
Baths
1
Stories
1
Lot width
113 ft.
Lot depth
79 ft.
Lot size
0.58 Acres
Year renovated
1982
Sq. Ft.
816
Year built
1947
Style
Single Family Residential
County
Franklin County
APN
088 01005 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Property details
Parking
Parking Information
Covered Spaces: 2
Parking Total: 2
Parking Features: Detached
Garage Spaces: 2
Has Garage
Interior
Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bathroom Information
# of Full Baths (Total): 1
Basement Information
Basement Features: None
Heating & Cooling
Has Heating
Heating Information: Electric, Wall Furnace
Has Cooling
Cooling Information: Wall/Window Unit(s)
Interior Features
Appliances: Electric Range, Refrigerator
Flooring: Other
Exterior
Building Information
Construction Materials: Wood Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 816
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Other
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Other
Lot Information
Lot Size Area: 0.58
Lot Size Units: Acres
Lot Size Acres: 0.58
Lot Size Dimensions: 113.53X79.4 IRR
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $461
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: Cowan Elementary
Middle Or Junior High School: South Middle School
High School: Franklin Co High School
Location Information
Directions: From Winchester, take 41A S towards Cowan. In 5.8 miles (before the town of Cowan), turn right on Jackson St, which becomes Water Tank Rd. Property is in .4 miles on left, after Bookout Rd.
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 816
Stories: 1.0
Lot Size: 0.58 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1982
County: Franklin County
APN: 088 01005 000
Home facts updated by county records on Jun 22, 2026
Other
Home Information
Living Area: 816
Living Area Units: Square Feet
Living Area Source: Other
Building Area Total: 816
Building Area Units: Square Feet
Building Area Source: Other
Foundation Details: Stone
Year Built Details: Existing
Levels: One
Around this home
Schools
Cowan Elementary School
Public PreK-5 • Assigned • 1.0mi
5/10
South Middle School
Public 6-8 • Assigned • 1.1mi
3/10
Franklin County High School
Public 9-12 • Assigned • 4.6mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cowan, TN • 37318
Average low and high temperatures (°F)
46
27
56
36
69
47
75
55
76
60
84
67
89
71
84
66
82
63
74
52
64
45
53
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$138,000 – $167,000
Sell confidently with a local market expert in Cowan.