INVESTOR / PROJECT OPPORTUNITY – Looking for a property with potential to build equity through renovation and finishing work? This 2.68-acre property offers an opportunity for an investor, contractor, or buyer ready to take on a project and create something of their own. The existing home needs TLC, but the potential is worth exploring. A partially finished basement provides the opportunity to expand the living area and could allow the home to reach approximately 2,400 square feet of finished living space when completed, depending on the final layout and improvements. The acreage gives you room to work with while offering a convenient location just minutes from Baxter city limits and I-40 access, with Cookeville city limits approximately 10 minutes away. That combination of land, potential living space, and accessibility makes this property worth considering for someone looking beyond a typical move-in-ready home. The price reflects the condition and work needed, creating an opportunity for a buyer who can see the potential and is prepared to put in the work. Seller is negotiable and motivated to sell. If you're an investor looking for your next project, a contractor seeking a renovation opportunity, or a buyer willing to trade sweat equity for potential value, take a closer look at what this property could become. Sold as-is. Bring your vision and explore the possibilities!, Baxter
For sale
Price cut: $10K (9/4)
$274,929
7220 Friendly Rd, Baxter, TN 38544
3beds
1,408sqft
Single Family Residence
Built in 1999
2.68 Acres Lot
$264,200 Zestimate®
$195/sqft
$-- HOA
What's special
Partially finished basement
- 23 days
- 1,338
- 80
Zillow last checked:
Listing updated:
Listed by:
Heather Skender-Newton,
Skender-Newton Realty 931-261-9001,
Jason Garrison,
Skender-Newton Realty
Source: UCMLS,MLS#: 246537
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator, Electric Range, Electric Water Heater
- Laundry: In Basement
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Hardwood, Vinyl, Tile
- Windows: Double Pane Windows
- Basement: Full,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: One
- Patio & porch: Porch, Deck
- Has view: Yes
- View description: No Water Frontage View Description
- Water view: No Water Frontage View Description
- Waterfront features: No Water Frontage View Description
Lot
- Size: 2.68 Acres
- Dimensions: 243 x 453
- Features: Cleared
Details
- Additional structures: Outbuilding
- Parcel number: 063 103.06
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
- Roof: Metal
Condition
- Year built: 1999
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Natural Gas Not Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Baxter
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $158,600
- Annual tax amount: $1,054,369
- Date on market: 8/18/2026
Estimated market value
$264,200
$251,000 - $277,000
$1,636/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $274,929-3.5%$195/sqft |
Source: | ||
| 8/18/2026 | Listed for sale | $284,929+180.4%$202/sqft |
Source: | ||
| 4/4/2011 | Sold | $101,600$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,055 | $39,650 |
| 2024 | $1,055 | $39,650 |
| 2023 | $1,055 +7.6% | $39,650 |
| 2022 | $980 | $39,650 -2.5% |
| 2021 | -- | $40,650 +26.1% |
| 2020 | $943 | $32,225 |
| 2019 | $943 +7.2% | $32,225 |
| 2018 | $880 0% | $32,225 |
| 2017 | $880 | $32,225 +2.5% |
| 2016 | $880 -0.2% | $31,450 |
| 2015 | $882 +5.3% | $31,450 +5.3% |
| 2014 | $838 | $29,878 |
| 2013 | $838 -0.2% | $29,878 |
| 2012 | $840 +6.2% | $29,878 |
| 2011 | $790 | $29,878 |
| 2010 | -- | $29,878 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38544
Nearby schools
Schools provided by the listing agent
- Elementary: Baxter Primary
- Middle: Upperman
- High: Upperman
Source: UCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







