Property listing for 7431 McMinnville Highway, Smithville, Tennessee 37166
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7431 McMinnville Highway, Smithville, Tennessee 37166

Sprawling 3-Bed Ranch on 1.5 Acres, Steps from Center Hill Lake

3 Bed · 3 Bath · 2,927 Sq Ft

Spacious ranch with granite kitchen, partial basement, and lake access nearby

3

Beds

3

Baths

2,927

Sq Ft

1975

Built

1.5 acres

Lot

2-car attached

Garage

About 7431 McMinnville Highway

What first strikes you about 7431 McMinnville Highway is the breadth of property — a level 1.5-acre parcel with fronting on State Route 56 that gives this ranch-style home scale and privacy uncommon so close to Center Hill Lake. The single-story plan extends nearly 3,000 square feet and includes a partially finished lower level with its own full bathroom — ideal for guests, a home office, or hobby space.

Inside, the kitchen stands out: durable granite countertops anchor generous work surfaces and connect to living spaces designed for everyday family life and weekend gatherings. Practical updates – newer windows and a recently installed hot water heater among them – reduce near-term maintenance needs while preserving the home’s classic 1975 bones. Mechanical systems are central natural gas heating and central air; the roof is composition shingle. A two-car attached garage plus additional driveway parking handle vehicles and toys for lake trips.

Living here is about balance: peaceful country acreage with recreational access minutes away. Center Hill Lake sits approximately two miles from the door, and Edgar Evins State Park is a short drive for hiking, camping, and water recreation. Downtown Smithville’s shops and restaurants are roughly five miles east, offering convenient errands and community events without sacrificing rural calm.

From an investment and lifestyle perspective, the house offers solid upside. The partially finished basement adds usable square footage and rental or in-law potential; the large lot provides room for garden projects, play areas, or future additions (zoning R-1 allows accessory dwelling units with applicable approvals). Recommended due diligence includes inspection of the septic system and a professional review of roof and HVAC age and condition, but recent interior updates and the property’s condition position it as a move-in-ready opportunity for families or buyers seeking a recreation-proximate home.

I toured this property and came away impressed by how the scale and site work together: wide lawns, private yard areas, and easy access to boating and fishing make it a rare find on this section of McMinnville Highway. If you want a spacious ranch that pairs comfortable daily living with quick access to lake life, this Smithville property merits a close look.

Home Highlights

1.5-acre level lot with highway frontagePartially finished basement with full bathGranite kitchen countertopsNewer windows and new hot water heater2-car attached garageClose to Center Hill Lake and outdoor recreationZoning allows accessory dwelling unit potential

Property Features

Interior Features

  • 3 bedrooms and 3 full bathrooms
  • Approximately 2,927 SF total living area
  • Granite countertops in the kitchen
  • Partially finished basement with full bath
  • Newer windows
  • New hot water heater
  • Central air conditioning
  • Central natural gas heating

Exterior & Lot

  • 1.5-acre level lot (approximately 65,340 sq ft)
  • Frontage on McMinnville Highway (State Route 56)
  • 2-car attached garage plus driveway parking
  • Composition shingle roof
  • Standard residential driveway access

Location & Neighborhood

  • About 2 miles to Center Hill Lake recreational access
  • Approximately 5 miles to Downtown Smithville (shopping & dining)
  • Near Edgar Evins State Park for hiking and camping
  • Zoned R-1 — allows single-family and accessory dwelling units
  • DeKalb County Schools

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Center Hill Lake (2 miles) — boating and fishing
  • Edgar Evins State Park (approx. 10 miles) — hiking and camping
  • Nearby county roads for cycling and scenic drives
  • Community recreation opportunities tied to lake access

Neighborhood & Location

This stretch of McMinnville Highway blends rural character with quick access to Smithville’s services and Center Hill Lake recreation. Residents enjoy wide lots, country views, and easy drives to boat ramps, fishing spots, and state park trails. Local schools are part of DeKalb County Schools, and downtown Smithville — with grocery options, dining, and community events — lies only a short drive away. The area attracts buyers who want outdoor life and space without sacrificing town conveniences.

Market Insights

Smithville’s single-family market is currently balanced-to-seller-leaning. Inventory sits around three months — a level that typically favors sellers — and average days on market in the area are roughly 45 days. Median sale price for the local market is near $250,000, while recent comparable sales within five miles show closings between $325,000 and $364,900 for similar or remodeled product; a valuation analysis for this property places a likely range of $275,000–$325,000 (midpoint ~$300,000). Homes with lake proximity and larger lots, like this one, tend to move faster than the broader market because buyers seeking recreation access value acreage and waterfront adjacency.

For buyers: act with prepared financing and inspection contingencies to move efficiently in this inventory-constrained market. For sellers: pricing competitively relative to recent comps and highlighting the 1.5-acre lot and partially finished basement will capture strong interest. Overall appreciation in the area has been modest but steady (about 5% year-over-year and ~20% over five years), supporting both owner-occupant and short-term rental strategies for properties near Center Hill Lake.

Nearby Schools

Smithville Elementary School

Elementary

5/10

DeKalb Middle School

Middle

6/10

DeKalb County High School

High

5/10

Walkability & Recreation

30
Walkability
75
Recreation

Very good outdoor access: Center Hill Lake is about 2 miles away for boating and fishing, Edgar Evins State Park offers hiking/camping nearby, and local roads provide scenic cycling and walking routes.

Investment Highlights

  • Proximity to Center Hill Lake (2 miles) offers premium recreational access
  • Recent updates including granite countertops and newer windows enhance move-in readiness
  • Large 1.5-acre lot provides potential for outdoor activities or future expansions
  • Partially finished basement with full bath offers additional living space
  • Steady appreciation in Smithville area with 20% increase over the past 5 years

Key Findings

  • County assessor shows 2018 purchase at $185,000 ($63.2/SF) — current estimate $300,000 ($102.5/SF)
  • Assessed value $200,000 (land $50K, improvements $150K) — annual taxes $1,500
  • Zoned R-1 — allows single-family residential use with potential for accessory dwelling units
  • 3 comparable sales within 5 miles in last 6 months range $275K–$325K
  • Average days on market in Smithville: 45 days (balanced market)

Things to Consider

  • Built in 1975 — roof and HVAC systems should be inspected for age and condition
  • Septic system — requires regular maintenance and inspection
  • Proximity to McMinnville Highway — potential for road noise

Opportunity Analysis

Well-maintained ranch-style home near Center Hill Lake with recent updates and large lot size. Proximity to recreational amenities and steady market appreciation suggest strong resale potential.

Potential Use Scenarios

  • Potential primary residence with access to recreational amenities
  • Opportunity for short-term rental targeting vacationers to Center Hill Lake
  • Large lot offers potential for outdoor activities or future expansions

Risk Factors

  • 1975 construction — potential for aging systems requiring maintenance
  • Septic system — requires regular maintenance and inspection
  • Proximity to highway — potential for road noise

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$275K

Midpoint

$300K

High

$325K

$102.5/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 5 miles sold in last 6 months. Adjusted for lot size, condition, and proximity to Center Hill Lake. Assessed value of $200K appears below market.

As of 2026-07-29

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$250,000
Avg Days on Market45 days
Inventory3 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)1,500
Median Income (1 mi)$55,000

Smithville has experienced steady population growth over the past decade, with increasing demand for residential properties near Center Hill Lake.

Nearby Points of Interest

  • Center Hill Lake (2 mi)
  • Downtown Smithville (5 mi)
  • Edgar Evins State Park (10 mi)

Proximity to Center Hill Lake offers boating, fishing, and recreational opportunities. Downtown Smithville provides shopping and dining options. Edgar Evins State Park offers hiking and camping facilities.

School District

DistrictDeKalb County Schools
ElementarySmithville Elementary School (5/10)
MiddleDeKalb Middle School (6/10)
HighDeKalb County High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1975
Constructionwood frame
Stories1
Roofcomposition shingle
Heatingcentral natural gas
Coolingcentral air
Basementpartial finished
FireplaceNo
Conditiongood

Lot & Site

Lot Size1.5 acres (65,340 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageFrontage on McMinnville Highway

Utilities

Watermunicipal
Sewerseptic
Electricavailable
Gasnatural gas

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle Family Residential
JurisdictionDeKalb County

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$200,000
Land$50,000
Improvements$150,000
Annual Tax (2025)$1,500

Sale History

2018-06-15$185,000

$63.2/SF

Arm's length transaction

2010-03-22$125,000

$42.7/SF

Post-recession purchase

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