Residential Land in Monroe
For Sale
$74,900
271 Thompson Rd, Madisonville, TN 37354
Lots & Acreage, Madisonville, TN
Property SizeContact for details
Lot Size0.70 Acres
Days on Market191
Property Features for 271 Thompson Rd
General Information
Property type
Land
Property subtype
Other
Zoning description
Zoned Residential
Subdivision
Thompson Rd
Lot features
Rolling, Rolling Slope
Directions
From highway 68 turn on to Thompson Rd (Directly beside East Tennessee Feed & Seed. Follow Thompson Rd to the top of the hill and property is on the left. Look for sign.
Standard status
Active
APN
055 038.13
Lot size
0.70 Acres
Taxes and HOA fees
Tax Annual Amount
65
Utilities
Utilities
Cable Available
Listing Agency:
East Tennessee Properties, LLC
(423) 453-5722
Listed By:
Eric Best
(423) 333-8157
Added: Mar 3
Changed: Sep 3
Last Checked: Sep 10 at 2:06PM
MLS# 1331346
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.70-acre lot is located in the Thompson Road development in Monroe County. It is part of a four-lot phase, offering privacy and space. The property is suitable for single-family residential use, with a minimum of 1,000 square feet of heated living area. Site-built or IRC modular homes are permitted. Double wides are allowed on permanent foundations with block skirting. There are no HOA fees, providing flexibility in building. Short-term rentals are not allowed, with a minimum lease term of six months. Fort Loudoun Electric is available on-site, and public water is available at the road. The septic system is pre-approved for three bedrooms, upgradeable to four. The property features level topography and an easy build site. It is located close to town, work, and everyday essentials. The community has light, common-sense standards in place to protect investments while allowing homeowners to create homes that fit their lifestyles.
Key Highlights
- Buildable .70‑acre lot with pre‑approved septic for 3 bedrooms (upgradeable to 4) and utilities available.
- Double wides are allowed on permanent foundations.
- Flexibility to build a site‑built or IRC modular home with a minimum of 1,000 SF heated living area.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 37354, TN
17,535
Population
7,370
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
84%
High-School Grad
117.6 sq mi
ZIP Area
149
Density / Sq Mi
$53,547
Median Household Income
$35,667
Median Earnings
$796
Median Rent
$209,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 0.70-acre lot suitable for site-built or modular homes.
Where is this land located?
The property is located at 271 Thompson Rd Madisonville, TN.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Buildable .70‑acre lot with pre‑approved septic for 3 bedrooms (upgradeable to 4) and utilities available.; Double wides are allowed on permanent foundations.; Flexibility to build a site‑built or IRC modular home with a minimum of 1,000 SF heated living area.
