About 1402 Charles Drive
Turnkey Investment with 6% ROI – Builder Leaseback Opportunity This is a rare opportunity for investors to own a beautifully upgraded model home with a built-in, hassle-free tenant. The builder will lease back the home for 12 months with the option to extend month-to-month, offering a projected 6% return on investment. Even better, the builder covers utilities, while the owner is only responsible for taxes and HOA fees. Located on Lot 38, this estate-sized property spans just over an acre and features mature trees in the backyard that provide both shade and privacy. The home’s layout is thoughtfully designed with a main-level primary suite, a dedicated office at the front entry, two bedrooms upstairs, and two spacious bonus rooms ideal for additional living, work, or recreation space. Every detail of this home showcases quality craftsmanship, from the gas range and quartz countertops to the custom accent walls and craftsman-style molding and trim. The exterior includes Hardi siding, a side-load two-car garage, and plenty of room to add a detached garage, pool, or your dream backyard retreat. Set in a growing community, this home offers not only luxury and comfort but also excellent investment potential with minimal effort. Don’t miss your chance to secure this exceptional leaseback opportunity.
Features of 1402 Charles Drive
MLS® # | 2885895 |
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Price | $539,990 |
Bedrooms | 3 |
Bathrooms | 2.50 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 2,466 |
Acres | 0.89 |
Year Built | 2025 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Under Contract - Not Showing |
Community Information
Address | 1402 Charles Drive |
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Subdivision | Pyles Station |
City | Chapel Hill |
County | Marshall County, TN |
State | TN |
Zip Code | 37034 |
Amenities
Amenities | Underground Utilities |
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Utilities | Electricity Available, Natural Gas Available, Water Available |
Parking Spaces | 2 |
# of Garages | 2 |
Garages | Garage Faces Side |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fan(s), Walk-In Closet(s), High Speed Internet, Kitchen Island |
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Appliances | Built-In Electric Oven, Built-In Gas Range, Dishwasher, Microwave, Stainless Steel Appliance(s) |
Heating | Central, Natural Gas |
Cooling | Ceiling Fan(s), Central Air, Electric |
Fireplace | Yes |
# of Fireplaces | 1 |
# of Stories | 2 |
Exterior
Exterior Features | Smart Lock(s) |
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Lot Description | Cleared, Level |
Construction | Hardboard Siding |
School Information
Elementary | Chapel Hill Elementary |
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Middle | Chapel Hill (K-3)/Delk Henson (4-6) |
High | Forrest School |
Additional Information
Date Listed | May 15th, 2025 |
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Days on Market | 149 |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | Dream Finders Holdings, LLC |
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