Baxter Homes under $500,000

Welcome to Baxter, Tennessee – a hidden gem nestled in the heart of Putnam County. Known for its charming small-town atmosphere and stunning natural beauty, Baxter offers residents a unique blend of tranquility and community spirit. With its close-knit neighborhoods, friendly locals, and picturesque landscapes, it’s no wonder many are choosing to call this delightful city home.

One of the most appealing aspects of Baxter is its affordability. For those seeking a dream home without breaking the bank, the city boasts a variety of charming residences priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Baxter has something for everyone. From cozy single-family homes with spacious yards to modern townhouses that offer low maintenance living, the real estate options are diverse and welcoming.

In addition to its attractive housing market, Baxter is conveniently located near essential amenities, including shopping centers, schools, and parks. Outdoor enthusiasts will love the nearby scenic lakes and hiking trails, providing endless opportunities for recreation and relaxation. With a strong sense of community and a commitment to preserving its rich heritage, Baxter is not just a place to live; it’s a place to thrive.

Come explore the charm of Baxter, TN. Discover your perfect home in a city where affordability meets quality of life, and find out why so many people are falling in love with this vibrant community!

Newest Baxter Homes under $500,000

$219,990

3 Beds ⋅ 3 Baths ⋅ 3626136 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

The Pearson is one of the newest townhomes in Paddington Place, Baxter, Tennessee. Rates as low as 5.5% 30 year fixed with our lender, see flyer in documents section for details. This modern, open-concept floorplan offers 3 bedrooms, 2.5 bathrooms, and a 1-car garage within 1,418 sq. ft. Enjoy low-maintenance townhome living with an elegant design you won’t find elsewhere. Upon entering, a foyer and powder room greet you before opening into the spacious kitchen and living area. The kitchen features quartz countertops with seating and plenty of room for a dining table. Upstairs, the primary bedroom includes a walk-in closet and an ensuite bathroom with a double-bowl vanity. Two additional bedrooms provide versatile space for kids, nurseries, or offices, each with ample closet space. The hallway includes a full bathroom and an upstairs laundry room for convenience. The Pearson comes equipped with the Home is Connected smart home technology package, allowing you to control your home via smart device, whether near or away. Contact us today to learn more about the Pearson at Paddington Place in Baxter, TN.

281 Dale Mires Ln, Baxter

$229,990

3 Beds ⋅ 3 Baths ⋅ 3624628 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

Rates as low as 5.5% 30 year fixed and closing cost assistance with our lender, see flyer in documents section for details. End unit! The Pearson is one of the newest townhomes in Paddington Place, Baxter, Tennessee. This modern, open-concept floorplan offers 3 bedrooms, 2.5 bathrooms, and a 1-car garage within 1,418 sq. ft. Enjoy low-maintenance townhome living with an elegant design you won’t find elsewhere. Upon entering, a foyer and powder room greet you before opening into the spacious kitchen and living area. The kitchen features quartz countertops with seating and plenty of room for a dining table. Upstairs, the primary bedroom includes a walk-in closet and an ensuite bathroom with a double-bowl vanity. Two additional bedrooms provide versatile space for kids, nurseries, or offices, each with ample closet space. The hallway includes a full bathroom and an upstairs laundry room for convenience. The Pearson comes equipped with the Home is Connected smart home technology package, allowing you to control your home via smart device, whether near or away. Contact us today to learn more about the Pearson at Paddington Place in Baxter, TN.

283 Dale Mires Ln, Baxter

$199,900

3 Beds ⋅ 1 Baths ⋅ 3624569 MLS ⋅ ACTIVE Status ⋅ 0.07 Acres ⋅ 38544 Zip Code

Center Hill lake views! This neat and tidy home has tremendous lake views, 2 or 3 bedroom, relaxing, large back covered deck with 180 degree lake views and storage underneath. This home is nestled in a friendly lakefront community and needs nothing! All appliances stay including washer and dryer. Move right in and enjoy one of Tennessee's finest lakes!

1025 Austin Lake Rd, Baxter

$379,900

4 Beds ⋅ 3 Baths ⋅ 3622792 MLS ⋅ COMING SOON Status ⋅ 38544 Zip Code

Stockton — 2,410 sq ft | 4 bed | 3 bath | 2-car | 40x60 The Stockton is built for entertaining, with dual private suites that make it equally suited for multi-generational households, long-term guests, or families who want flexibility. A versatile layout accommodates four bedrooms plus generous shared gathering space. Choose from curated finish packages and structural options to personalize with confidence. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. Pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives plus flexible financing through Mutual of Omaha available

223 Reece Rd, Baxter

$294,900

3 Beds ⋅ 2 Baths ⋅ 3622790 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

Huntington — 1,479 sq ft | 3 bed | 2 bath | 2-car | 55x40 The Huntington delivers single-level living at its most functional. A wide ranch layout fills the main living areas with natural light, and all three bedrooms sit conveniently close together — ideal for young families or anyone who prefers stairs-free living. Choose from curated finish packages and structural options to personalize with confidence. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. Pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives plus flexible financing through Mutual of Omaha available. Grand Opening May 9, 2026. Contact listing agent to schedule a sneak peek and secure priority homesite access.

217 Reece Rd, Baxter

$374,990

3 Beds ⋅ 2 Baths ⋅ 3622786 MLS ⋅ ACTIVE Status ⋅ 0.39 Acres ⋅ 38544 Zip Code

Modern Farmhouse with an open floor plan. Granite kitchen with a huge island and large upper cabinets with molding. Stainless Steel appliances. Tiled owner's suite with a big walk in shower. Large lot-tree lined rear. Too many upgrades to list!

130 Regan Loop, Baxter

$319,900

3 Beds ⋅ 2 Baths ⋅ 3622784 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

The Wolcott is a wide ranch designed around a central living area with a secluded primary suite tucked away for real privacy — a rare find in single-level plans at this size. Secondary bedrooms sit on the opposite side, making it equally suited for families, empty nesters, or anyone who hosts guests. Choose from curated finish packages and structural options to make it yours. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. Pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives plus flexible financing through Mutual of Omaha available. Grand Opening May 9, 2026. Contact listing agent to schedule a sneak peek and secure priority homesite access.

219 Reece Rd, Baxter

$329,000

3 Beds ⋅ 2 Baths ⋅ 3620309 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.54 Acres ⋅ 38544 Zip Code

Be the lucky one to call this beautiful new construction home. This home truly packs a punch from the curb appeal outside to all the gorgeous finishes inside. The home features an open living, kitchen, & dining concept as well as a split bedroom floor plan. The fully equipped kitchen is anchored by an island workstation with breakfast bar, topped with sparkling granite countertops. Luxury vinyl plank flooring throughout allows for easy cleaning. Primary suite features trey ceiling, walk-in closet, dual vanity, tile shower, & private potty room. Other extras that you will love are the spacious walk-in pantry, hallway entry with seating & storage for shoes, and the large laundry room. And last but definitely not least is the covered back deck with tongue & groove wood ceiling.

141 Reece Rd, Baxter

$263,200

3 Beds ⋅ 2 Baths ⋅ 3613065 MLS ⋅ ACTIVE Status ⋅ 0.29 Acres ⋅ 38544 Zip Code

Spacious Two-Story Home in the Heart of Baxter, TN! Don't miss this opportunity to see this beautiful two-story home conveniently located in the heart of Baxter! Offering 3 bedrooms, 2 full bathrooms on main floor both with large walkin closet. The total square footage comes to 1,904 square feet. This home was completly remodeled in 1993, this property provides plenty of space and features for comfortable living. Inside, you'll find a large primary bedroom complete with a large walk-in closet, along with spacious living areas and plenty of potential to make this home your own. Outside, enjoy a large deck, perfect for relaxing or entertaining, as well as a partially fenced yard and a double concrete driveway. The property also includes a detached two-car garage, providing additional parking, storage, or workspace. With its convenient Baxter location, this property is one you won't want to miss.

406 4th Ave S, Baxter

$349,900

4 Beds ⋅ 3 Baths ⋅ 3611264 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

Franklin — 2,269 sq ft | 4 bed | 2.5 bath | 2-car | 38x46 The Franklin puts the primary suite on the main floor — a feature usually reserved for larger, more expensive homes. Spacious, adaptable living areas flex with your family's evolving needs, and three additional bedrooms upstairs give kids, guests, or a home office plenty of room. Choose from curated finish packages and structural options to make it yours. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. Pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives plus flexible financing through Mutual of Omaha available. Grand Opening May 9, 2026. Contact listing agent to schedule a sneak peek and secure priority homesite access.

2221 Reece Rd, Baxter

$389,990

4 Beds ⋅ 4 Baths ⋅ 3611261 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

Rutledge — 2,695 sq ft | 4 bed | 3.5 bath | 2-car | 40x46 The Rutledge is the flagship plan — and the smartest layout in the lineup. A convenient main-floor bedroom with full bath serves as an in-law suite, guest room, or home office, while the large private second-story primary suite gives parents real separation from the rest of the house. Two additional upstairs bedrooms round out the plan. Choose from curated finish packages and structural options to make it yours. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. Pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives plus flexible financing through Mutual of Omaha available. Grand Opening May 9, 2026. Contact listing agent to schedule a sneak peek and secure priority homesite access.

2241 Reece Rd, Baxter

$274,900

3 Beds ⋅ 3 Baths ⋅ 3611257 MLS ⋅ ACTIVE Status ⋅ 38544 Zip Code

Welcome to the Walton — the perfect entry point into new construction homeownership at Banner Built's newest community. At 1,428 square feet with 3 bedrooms, 2 bathrooms, and a 2-car garage, this single-level plan delivers unbeatable value without compromising quality. Inside, an open-concept layout flows from the kitchen to the main living area, with a storage-centered floor plan and a covered patio that extends your living space outdoors. Choose from curated finish packages and structural options to personalize with confidence. Built by Banner Built Homes, a Legacy South company, with the craftsmanship and proven systems behind 300+ homes a year. A straightforward process: pick your homesite, pick your finishes, and we handle the rest. Hometown Hero and First-Time Buyer incentives, plus flexible financing through Mutual of Omaha (1% toward closing costs), are available. Grand Opening May 9, 2026. Contact listing agent to schedule a sneak peek and secure priority homesite access ahead of the preview event.

2121 Reece Rd, Baxter

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

Baxter Homes under $500,000

Newest Baxter Homes under $500,000

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