Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $100K appears below market.
Updated 3-Bed Ranch on Half-Acre Near Kentucky Lake
Set on a level half-acre just minutes from Kentucky Lake and Paris Landing State Park, 65 Kirks Trading Post Road delivers single-story living with recent, practical upgrades. The property’s strength is its site: approximately 100 feet of frontage and a spacious yard give room for backyard activities, garden beds, or a future outbuilding. For lake lovers and weekend visitors, the marina, state park and golf course are all within a short drive, making this ranch an appealing primary residence or vacation base.
Inside, the house spreads 1,500 square feet across a thoughtful ranch plan. Sellers invested in meaningful updates — a renovated kitchen and bathrooms, hardwood floors that run through the main living areas, and a professionally installed HVAC system in 2024. The single-level layout places three bedrooms and two full baths within easy reach, offering accessible living for multigenerational households or buyers seeking low-maintenance daily life. Central AC and electric heating provide climate control, while municipal water keeps utility concerns straightforward; the home does use a septic system (inspection recommended).
Practical features continue outside: a generous driveway accommodates several vehicles and guests, and the level lot simplifies outdoor projects. The roof is asphalt shingle; given the 1985 construction date buyers should verify roof condition during inspection. Henry County’s R-1 zoning also allows accessory dwelling units with proper permitting, creating a clear path for buyers who want to add rental income or a separate studio later.
From an ownership and investment perspective this house represents value. County records show an assessed value near $100,000, while market analysis and nearby comps place fair market value between $140,000 and $160,000 (midpoint $150,000). The area shows steady appreciation and an active buyer pool for single-family homes — typical days on market are roughly 45 in this corridor. With recent interior updates and a new HVAC, this home reduces near-term capital needs and offers lifestyle upside for buyers drawn to lakeside recreation and a short 15-minute drive to shopping and dining in Paris, TN.
See the properties helping shape the valuation.
Comparable sales
- 780 SF smaller
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 13,504 SF smaller lot
- 10 years older
- 492 SF larger
- 1 fewer bedroom
- 13,780 SF smaller lot
- 1 year newer
- 904 SF larger
- 1 fewer bedroom
- 196,020 SF larger lot
- 40 years newer
A 1985 ranch on 0.5 acres.
Building
Site & utilities
Buchanan, TN
Researched nearby locations
Location
65 Kirks Trading Post Road, Buchanan, TN 38222
This pocket of Buchanan offers a quiet, rural character anchored by outdoor recreation. Residents enjoy quick access to Kentucky Lake, Paris Landing State Park and a local marina — ideal for boating, fishing and weekend getaways. The community is small and stable, with modest growth and median household incomes around $55,000. Schools are served by Henry County Schools (average ratings), and Paris, TN is a short drive away for larger retailers, restaurants and services. The lifestyle here skews toward outdoors-oriented families and buyers seeking a peaceful retreat with convenient lake access.
Excellent access to outdoor recreation: Paris Landing State Park and Kentucky Lake are within about 2 miles, a marina and boat ramps are nearby, and a public golf course sits roughly 3 miles away.
A factual market snapshot around 65 Kirks Trading Post Road.
This micro-market in Buchanan is currently balanced, leaning slightly toward sellers on competitively priced listings. Local market indicators: inventory sits around three months (a healthy, balanced level), average days on market are about 45, and median sale prices in the area are approximately $150,000. Price trends show modest recent appreciation — roughly 5% year-over-year and about 15% over five years — driven in part by demand from buyers seeking weekend access to Kentucky Lake and Paris Landing State Park. Single-family ranch homes like this one remain in steady demand: comparable sales within one mile support a $140K–$160K range, and well-presented properties with updated systems typically move faster than older, unrenovated stock. For investors, estimated monthly rent for similar 3BR homes is near $1,200, generating a gross rental yield near 9.6% at the midpoint price — attractive for short-term rental targeting recreational visitors. Given the balanced inventory and local recreational draw, this is a timely opportunity for owner-occupants and investors who want a turn-key house near regional amenities.
Single-Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2018 purchase at $95,000 ($63/SF) — current estimate $150,000 ($100/SF)
- Assessed value $100,000 (land $15K, improvements $85K) — annual taxes $1,200
- Zoned R-1 — single-family residential with potential for accessory dwelling unit
- 3 comparable sales within 1 mile in last 6 months range $140K–$160K
- Average days on market in Buchanan: 45 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions and allowances
- Professional home inspection
- Septic system inspection
What stands out about this property.
Interior Features
- 1,500 SF single-story ranch layout
- 3 bedrooms, 2 full bathrooms
- Renovated kitchen and bathrooms
- Hardwood floors through main living areas
- Central AC and electric heat
- New HVAC system installed in 2024
Exterior & Lot
- 0.5-acre level lot with ~100 ft frontage
- Spacious driveway with room for multiple vehicles
- Asphalt shingle roof (inspect for age/condition)
- No attached garage — room to add a garage or outbuilding
- Septic system (inspection recommended)
- R-1 zoning allows accessory dwelling unit with permits
Location & Neighborhood
- Near Paris Landing State Park (≈2 miles) and Kentucky Lake (≈2 miles)
- Paris Landing Marina within 2.5 miles
- Paris Landing Golf Course within 3 miles
- 15-minute drive to Paris, TN for shopping and dining
- Part of Henry County; served by Henry County Schools
Walkability & Recreation
- Walkability Rating: 30/100 — Car-Dependent
- Nearby parks and green spaces: Paris Landing State Park
- Hiking and lakeside recreation within 2 miles
- Golf: Paris Landing Golf Course (3 miles)
- Running/walking paths and marina access nearby
- Community recreation: marina, boat ramps, and state park facilities
Sources & research confidence.
See where the property research came from and how confidence varies by field.