1770 Walters Dr Morristown, TN 37814
Estimated payment $4,988/month
About This Lot
Presenting 26± acres of residential development land located at 1770 Walters Dr, Morristown, TN 37814. This strategically positioned site sits within city limits and is currently zoned R-2 (Medium Density Residential), allowing for single-family, duplex, and triplex dwellings by right.
The R-2 zoning supports approx. 8-9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers.
With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,648
Lot Details
- 25.67 Acre Lot
- Corner Lot
- Irregular Lot
- Finished Lot(s)
- Zoning described as Zoned Residential
Listing and Financial Details
- Assessor Parcel Number 033F A 006.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $566 | $32,175 | $18,900 | $13,275 |
| 2023 | $566 | $32,175 | $0 | $0 |
| 2022 | $1,016 | $32,175 | $18,900 | $13,275 |
| 2021 | $1,016 | $32,175 | $18,900 | $13,275 |
| 2020 | $1,015 | $32,175 | $18,900 | $13,275 |
| 2019 | $979 | $28,775 | $16,075 | $12,700 |
| 2018 | $866 | $28,775 | $16,075 | $12,700 |
| 2017 | $851 | $28,775 | $16,075 | $12,700 |
| 2016 | $851 | $28,775 | $16,075 | $12,700 |
| 2015 | $792 | $28,775 | $16,075 | $12,700 |
| 2014 | -- | $28,775 | $16,075 | $12,700 |
| 2013 | -- | $35,275 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $875,000 | +589.0% | -- |
| 09/09/2022 09/09/22 | Sold | $127,000 | 0.0% | $99 / Sq Ft |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $127,000 | -- | $99 / Sq Ft |
Source: East Tennessee REALTORS® MLS
MLS Number: 1307842
APN: 033F-A-006.00
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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