LKV Realty
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$345,000
$1,650Reward *
406 Payne Lane, Spring City, TN 37381Listing ID 1329936

406 Payne Lane, Spring City, TN 37381

Active
Valley Dale
Time on site: 175 daysLast updated: May 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
2,236
Acres
Acres
2
Days on Site
Days on Site
174
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Central, Other, Natural Gas
Year Built
Year Built
1983
Parking
Parking
Off Street

Welcome to this charming 3-bedroom, 1-bath home offering space, flexibility, and room to grow. Situated on a rare double lot, this property delivers both comfort and opportunity with plenty of outdoor space for entertaining, expansion, or simply enjoying the extra elbow room. Inside, you'll find a functional layout with an upstairs room that presents a prime value-add opportunity—easily convertible to include a second bathroom, creating additional convenience and equity potential. The dedicated ''man cave'' is ready for game day or weekend gatherings, complete with a pool table that conveys with the home. Step outside to enjoy the above-ground pool, which is ready for a refresh with a new liner—offering the perfect chance to customize and make it your own just in time for summer. Whether you're a first-time buyer, investor, or someone looking for space with upside potential, this property checks the boxes for lifestyle and long-term value.

Property Information

Property Details

Location

Address
406 Payne Lane
County
Rhea County - 42
City
Spring City
Zip Code
37381
Subdivision
Valley Dale
High School
Rhea County
MLS Area
Rhea County - 42

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
2,236
Year Built
1983
Construction
Block, Wood Siding

Property Taxes

Tax Annual Amount
$657
eXp Realty, LLC, (423) 284-6897

Market Report for 37381

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: East Tennessee Realtors®
East Tennessee Realtors® logo

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

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