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406 Payne Lane

Spring City, TN 37381
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Bed 3

Bed

Bath 1

Bath

SqFt2,236

Sqft

Acres2

Acres(Lot)

Welcome to this charming 3-bedroom, 1-bath home offering space, flexibility, and room to grow. Situated on a rare double lot, this property delivers both comfort and opportunity with plenty of outdoor space for entertaining, expansion, or simply enjoying the extra elbow room. Inside, you'll find a functional layout with an upstairs room that presents a prime value-add opportunity—easily convertible to include a second bathroom, creating additional convenience and equity potential. The dedicated ''man cave'' is ready for game day or weekend gatherings, complete with a pool table that conveys with the home. Step outside to enjoy the above-ground pool, which is ready for a refresh with a new liner—offering the perfect chance to customize and make it your own just in time for summer. Whe ther you're a first-time buyer, investor, or someone looking for space with upside potential, this property checks the boxes for lifestyle and long-term value.

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Detail Ic Property Details

Property Type : Residential

Price : $345,000

AD Id : 75509348

MLS Id : 1528822

Beds : 3

Lot Size : 2 Acres

Living Area Size : 2,236

Year Built : 1983

County : Rhea

Subdivision: Waverly

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Flooring Information

    Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Cooktop, Dishwasher Laundry Features: Laundry Room Window Features: Aluminum Frames
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Natural Gas, Wood Stove Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1983 Building Area Total: 2236 Construction Materials: Wood Siding Stories: 1 Patio And Porch Features: Deck, Porch Pool Features: Above Ground Private Pool: No View: Pasture, Rural, Trees/Woods
  • Exterior Features

    Exterior Features: Rain Gutters

  • Lot Information

    Lot Dimensions: 134x313x123x310 Main Square Feet: 2 Acres Lot Size Acres: 2 Lot Size Square Feet: 87120 Lot Description: Cleared, Secluded

    Property Information

    Subdivision: Valley Dale Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half Property Age: 43

  • Listing Price Information

    Listing Price: $345000 Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 025 00141 000 Annual Tax: $657.44 Tax Legal Desc: Tax ID 025 001.41 Tax ID 025 001.29

  • Parking Information

    Off Street

  • School Information

    Elementary School: Spring City
    Junior High School: Spring City
    Senior High School: Rhea County High School
  • Utility Information

    Electricity Connected, Water Connected
  • Location Information

    Direction: From 1st Street, head toward Church Street and turn left onto Church Street. From there, turn right onto Inman Street East and continue straight as it transitions into Inman Street West. Next, turn right onto Keith Street NW and proceed straight before turning left onto 25th Street. Turn right onto US-27 North, then make a right onto Rocky Springs Road. Take a slight right onto Muddy Creek Road, followed by a right onto Payne Lane. The property will be located on the right. WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
865 Ewing Road, Spring City, TN, 37381 $475,000 2 1 1,080 1,080 SqFt
302 Key Cove Road, Spring City, TN, 37381 $1,690,000 5 4 4,826 4,826 SqFt
302 Key Cove Road, Spring City, TN, 37381 $1,690,000 5 4 4,826 4,826 SqFt
341 Clearwater Drive, Spring City, TN, 37381 $769,000 3 4 1,248 1,248 SqFt
539 Apollo Drive, Spring City, TN, 37381 $365,000 3 2 2,260 2,260 SqFt
539 Apollo Drive, Spring City, TN, 37381 $365,000 3 2 2,260 2,260 SqFt
8441 Toestring Valley R.., Spring City, TN, 37381 $453,000 4 3 2,448 2,448 SqFt
206 Randall Fugate Rd, Spring City, TN, 37381 $199,400 2 2 1,070 1,070 SqFt
647 Omega Drive, Spring City, TN, 37381 $375,000 3 4 2,159 2,159 SqFt
5780 Toestring Valley R.., Spring City, TN, 37381 $177,000 3 1 1,127 1,127 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 15:25

MLS: 1528822 LISTED BY: Darren Miller, EXP Realty LLC 888-519-5113 SOURCE: Greater Chattanooga REALTORS

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