Homes/Tennessee/Smithville/7431 McMinnville Highway
CompCasa Property Analysis · single_family

7431 McMinnville Highway

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

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

3 beds3 baths2,927 sq ftBuilt 19751.5 acres2-car attached
CompCasa valuation analysis
Estimated market value
$300,000
Low $275,000 · Midpoint $300,000 · High $325,000
Confidence82%Sales comparison approach
Last recorded sale$185,000Jun 15, 2018
Assessed value$200,0002025 assessment
CompCasa estimate$300,000Jul 29, 2026
Estimate vs. last recorded sale+$115,000 / +62.2%
$275,000$300,000 midpoint$325,000
Price / sq ft$102.5
Median sale price$250,000
Avg days on market45 days
Inventory3 months

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.

About the property

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

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$364,900
Property address4689 McMinnville Hwy, Smithville, TN 37166
3 bed3 bath2,927 sq ftBuilt 19755 mi65,340 sq ft lot$124.67/SF
Sold Jun 19, 2026
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and age, updated kitchen, partially finished basement
02Sold price$389,000
Property address6265 McMinnville Hwy, Smithville, TN 37166
3 bed2 bath1,562 sq ftBuilt 19804 mi33,977 sq ft lot$249.02/SF
Sold Jun 28, 2026
Subject difference
  • 1,365 SF smaller
  • 1 fewer bathroom
  • 31,363 SF smaller lot
  • 5 years newer
Research comparison noteSmaller home on smaller lot, but fully renovated with modern finishes
03Sold price$325,000
Property address3040 McMinnville Hwy, Smithville, TN 37166
3 bed2 bath1,620 sq ftBuilt 19903.5 mi43,560 sq ft lot$200.62/SF
Sold Jul 15, 2026
Subject difference
  • 1,307 SF smaller
  • 1 fewer bathroom
  • 21,780 SF smaller lot
  • 15 years newer
Research comparison noteSmaller home but newer construction with updated features
Comp methodology: Focused on single-family homes within 5 miles in Smithville sold in last 6 months for maximum relevance
Property details

A 1975 ranch on 1.5 acres.

Building

Year built1975
ConstructionWood Frame
RoofComposition Shingle
Heatingcentral natural gas
Coolingcentral air

Site & utilities

Lot size1.5 acres
Garage2-car attached
Stories1
ConditionGood
BasementPartial Finished
FireplaceNo
Improvement notes3 bedrooms, 3 bathrooms, granite countertops in kitchen, partially finished basement with full bath, newer windows, new hot water heater
Lot area65,340 sq ft
TopographyLevel
FrontageFrontage on McMinnville Highway
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway for additional vehicles
AccessStandard residential driveway from McMinnville Highway
WaterMunicipal
SewerSeptic
ElectricAvailable
GasNatural Gas
Location & nearby

Smithville, TN

Researched nearby locations

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

Location

7431 McMinnville Highway, Smithville, Tennessee 37166

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementarySmithville Elementary School (5/10)
Middle schoolDeKalb Middle School (6/10)
High schoolDeKalb County High School (5/10)
School districtDeKalb County Schools
Market context

A factual market snapshot around 7431 McMinnville Highway.

Median sale price$250,000
Avg days on market45 days
Inventory3 months
1-year appreciation5.0%
5-year appreciation20.0%
Editorial market perspective

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.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1
DescriptionSingle Family Residential
JurisdictionDeKalb County
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$50,000
Assessed improvements$150,000
Total assessed$200,000
Assessment year2025
Annual property tax$1,500
Tax year2025

Sale history

2018-06-15$185,000 · $63.2/SF
2010-03-22$125,000 · $42.7/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,850/mo
Property address920 Pecan Ave, Smithville, TN 37166
3 bed2 bath2,450 sq ft$0.75/SF
Leased Jun 1, 2026
Subject difference
  • 477 SF smaller
  • 1 fewer bathroom
Research comparison noteSimilar size and condition, located closer to downtown
02Monthly rent$1,700/mo
Property address508 Chesterfield Ave, Smithville, TN 37166
3 bed2 bath2,300 sq ft$0.74/SF
Leased May 15, 2026
Subject difference
  • 627 SF smaller
  • 1 fewer bathroom
Research comparison noteSlightly smaller, comparable condition, closer to amenities
Research findings & due diligence

What the research supports — and what is still worth verifying.

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)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify age and condition of roof and HVAC systems
  • Inspect septic system for functionality
  • Professional home inspection
  • Confirm zoning restrictions for potential additions
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realty.com listing for 4689 McMinnville HwyView source
2
Zillow listing for 6265 McMinnville HwyView source
3
Zillow listing for 3040 McMinnville HwyView source
4
DeKalb County Assessor of Property resourcesView source
5
Realty.com listing for 4689 McMinnville HwyView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.