$125,000
SOLD MAY 1, 2026

508 Watson St Lebanon, TN 37087

0 Acre
-- Price per Acre
0 Sq Ft Lot

Sale Details

Date Sold: May 1, 2026

28 Days on Market

Highlights

  • No HOA
  • Level Lot
  • No Heating

About This Lot

As of May 2026

Prime development opportunity with straight zoning—no rezoning required! This RXH-zoned infill lot (just over 9,000 sq ft) allows for multiple residential development options, including single-family homes, townhomes, duplexes, quadplexes, and potential for multiple ADUs depending on site configuration. Strong density potential make this an ideal investment project. Buyer to verify allowable density and development plans with the City of Lebanon Planning Department at (615) 444-3647.

Last Agent to Sell the Property

Kenny Sallis

Sallis Realty Group Brokerage Phone: 6152682165 License #342301 Listed on: 04/03/2026

Co-Listed By

Kellie Sallis

Sallis Realty Group Brokerage Phone: 6152682165 License # 350988

Last Buyer's Agent

Amanda Bell

At Home Realty License # 287001

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $181

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned R2-Infill

Schools

  • Castle Heights Elementary School
  • Winfree Bryant Middle School
  • Lebanon High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 067H D 00200 000

Property Details

Property Type

Land

Est. Annual Taxes

$181

Listing Details

  • Prop. Type: Land
  • Inclusions: Land Only
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Topography: Cleared,Level
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R2-Infill
  • Current Use: Residential
  • Lot Features: Cleared, Level
  • Lot Size: 64 X 130 IRR
  • Lot Size Units: Acres
  • Parcel #: 067H D 00200 000
  • Property Attached Yn: No

Tax Info

  • Tax Annual Amount: 181

MLS Schools

  • Elementary School: Castle Heights Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Winfree Bryant Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Jul 3, 2025
Sold by
Davidson Thomas C and Mckee Hayden
Bought by
Make Lebanon Great Again Llc
Seller's Agent
Tommy Davidson
John Jones Real Estate LLC
Buyer's Agent
NONMLS NONMLS
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.54%
Original Mortgage
$150,000
Outstanding Balance
$149,611
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$22,050

Purchase Details

Listed on
Jun 16, 2025
Closed on
Jun 9, 2025
Sold by
T & A Properties
Bought by
Davidson Thomas C and Mckee Hayden
Seller's Agent
Tommy Davidson
John Jones Real Estate LLC
Buyer's Agent
NONMLS NONMLS
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,611
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$22,050

Purchase Details

Closed on
Aug 15, 2002
Sold by
Allen Garland T and Allen Bessie J
Bought by
T & A Properties

Purchase Details

Closed on
Mar 1, 1978
Bought by
Allen Garland T
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 Tennessee Title Services
Warranty Deed $150,000 Stones River Title
Warranty Deed $150,000 Stones River Title
Deed $4,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $150,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2026 05/01/26 Sold $125,000 0.0% --
04/03/2026 04/03/26 For Sale $124,999 -39.0% --
07/01/2025 07/01/25 Sold $205,000 -18.0% -- View Prior Sale
06/18/2025 06/18/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $250,000 -- --
Source: Realtracs

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
2025 $43 $6,250 $6,250 --
2024 $138 $6,250 $6,250 --
2022 $181 $6,250 $6,250 $0
2021 $181 $6,250 $6,250 $0
2020 $79 $6,250 $6,250 $0
2019 $18 $2,100 $2,100 $0
2018 $74 $2,100 $2,100 $0
2017 $74 $2,100 $2,100 $0
2016 $74 $2,100 $2,100 $0
2015 $76 $2,100 $2,100 $0
2014 $76 $2,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3168069

Realtracs

APN: 067H-D-002.00

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