37142 Homes under $500,000

Welcome to Palmyra, Tennessee, a hidden gem nestled in the heart of Montgomery County, with the charming zip code 37142. This picturesque community offers a delightful blend of serene countryside living and convenient access to urban amenities. With its rich history and warm, welcoming atmosphere, Palmyra is an ideal spot for those looking to settle down in a friendly, tight-knit community.

One of the most appealing aspects of Palmyra is its diverse selection of homes, particularly those priced under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find an array of options that cater to various tastes and lifestyles. From cozy single-family homes with sprawling yards perfect for family gatherings, to modern townhouses that offer low-maintenance living, there’s something for everyone in this charming area.

Imagine waking up to the serene sounds of nature, with picturesque views right outside your window. The local parks and recreational areas provide ample opportunities for outdoor activities, whether you enjoy hiking, fishing, or simply strolling through the beautiful landscapes. Plus, with easy access to nearby Clarksville and Nashville, you can enjoy the best of both worlds—small-town charm and big-city excitement.

As you explore the real estate options in Palmyra, you’ll discover that this vibrant community offers not just a place to live, but a lifestyle that embraces family, friendship, and the beauty of Tennessee living. Don’t miss your chance to find your dream home in this delightful zip code—37142 awaits!

Newest 37142 Homes under $500,000

$460,000

3 Beds ⋅ 3 Baths ⋅ 3624350 MLS ⋅ ACTIVE Status ⋅ 0.66 Acres ⋅ 37142 Zip Code

NO HOA, 0.66 acres, a fully fenced backyard with a pool, and major improvements! Welcome to 1230 Rich Ellen Dr in Rich Ellen Ridge. Enjoy a tree-lined backyard offering privacy and outdoor entertaining space, complete with an above-ground pool, updated decking, and electricity extended to the rear of the property. Improvements include a new 30-year-rated roof, reinsulated crawlspace, restained hardwood floors (2025), HVAC maintenance (2025), and septic pump-out (2026). Inside, the functional layout offers a formal dining room, oversized utility room, flexible downstairs living space, and an additional upstairs bonus room. The septic system is certified for three bedrooms. A side-entry garage provides additional storage and workspace. With ample outdoor space, versatile living areas, and numerous improvements, this property has plenty to offer!

1230 Rich Ellen Dr, Palmyra

$399,900

4 Beds ⋅ 3 Baths ⋅ 3620424 MLS ⋅ ACTIVE Status ⋅ 1.5 Acres ⋅ 37142 Zip Code

**Charming Country Retreat on 1.5 Acres – Where Comfort Meets Country Living!** Discover the perfect blend of peaceful country living, modern finishes, and inviting spaces in this beautifully designed home situated on **1.5 picturesque acres!** Surrounded by mature trees and natural beauty, this property offers a serene setting with plenty of room to relax, entertain, and enjoy the outdoors. A welcoming **L-shaped covered front porch** sets the tone, offering the perfect spot to enjoy your morning coffee or unwind after a long day. Step inside to discover a thoughtfully designed interior featuring beautiful engineered hardwood and ceramic tile flooring, combining timeless style with everyday functionality. At the heart of the home, the **stunning custom kitchen** is sure to impress! Featuring sophisticated gray cabinetry, granite countertops, a stylish tile backsplash, stainless steel appliances, and a spacious center island, this kitchen offers the perfect combination of beauty and practicality for cooking, gathering, and entertaining. The home's versatile layout includes a **fourth bedroom that can easily serve as a bonus room, home office, media room, or flex space**, allowing you to tailor the space to your needs. Step outside to the **covered back deck**, an inviting extension of your living space that's perfect for outdoor dining, weekend gatherings, or simply taking in the peaceful surroundings. With **1.5 acres of beautiful, tree-lined property, charming architectural details, and thoughtfully selected finishes**, this home delivers the country lifestyle you've been looking for without sacrificing modern comfort. **Your own slice of country paradise awaits. Schedule your private showing today!**

2665 Mockingbird Hill Rd, Palmyra

$460,000

4 Beds ⋅ 3 Baths ⋅ 3619684 MLS ⋅ ACTIVE Status ⋅ 6.77 Acres ⋅ 37142 Zip Code

Your Own Private Escape just under 7 Acres! Peace, privacy, and nature await in this unique 3-level home featuring 4 bedrooms, 3 bathrooms, beautiful finishes, and a versatile basement with a private primary suite and office/rec room. Enjoy vaulted ceilings, a balcony, deck, patio, hot tub, cold plunge, and an outdoor garage with electricity. With two chicken coops, a 100-meter range, and wooded acreage teeming with wildlife, this property is a nature lover’s dream. And out front? The perfect tree for a swing! Come experience the privacy, charm, and outdoor lifestyle you’ve been dreaming of!

3750 Hwy 149, Palmyra

$469,000

3 Beds ⋅ 3 Baths ⋅ 3619291 MLS ⋅ ACTIVE Status ⋅ 2.5 Acres ⋅ 37142 Zip Code

$4,000 LENDER CREDIT, FREE APPRAISAL & 4.75% STARTING INTEREST RATE TO QUALIFIED BUYERS WITH 2-1 BUY DOWN. There’s something about a home surrounded by this much green, but when it comes with a long driveway and serenity, it makes leaving unimaginable. An all-brick ranch on 2.5 acres with dreamy front and back outdoor spaces, plus a detached garage? This one understood the assignment. The layout of your dreams—an open, entertaining-friendly floor plan that flows effortlessly from the formal living room to the dining room, into a cozy den anchored by a stone-front gas fireplace and built-in cabinets for the perfect morning coffee bar, straight into a kitchen lined with abundant cabinetry, stainless steel appliances, and a spacious island with plenty of seating to keep everyone gathered together. Beautiful wood flooring ties every space together—with NO carpet in sight, while natural light pours through windows on every wall, letting those floors shine. BUT, if thats not enough, let's talk about the incredible bonus room off the main area, perfect for a family movie nights, playroom, exercise room or any space to bring relaxation to your family. Beyond the gathering spaces, 3 bedrooms create a quieter side of home. The primary suite feels like a retreat of its own, complete with a walk-in closet and built-in organizers, double vanities, a stunning glass-door tiled shower in a calming, spa-inspired color palette. Two additional bedrooms offer plenty of space for family, guests, or even a home office, with a full bath conveniently placed between. And the best view might just be waiting out the back door. Step onto the covered back porch, take in 2.5 acres of green, and follow the backyard to the detached garage—plenty of space for hobbies, storage, or weekend projects. Wrapped in the kind of privacy that makes home feel like an escape. Turns out, leaving really might be the hardest part.

4840 Tarsus Rd, Palmyra

$365,000

3 Beds ⋅ 2 Baths ⋅ 3614616 MLS ⋅ ACTIVE Status ⋅ 11.5 Acres ⋅ 37142 Zip Code

Opportunity for a country homestead awaits on this spacious property offering acreage, privacy, mature trees, pond, and plenty of room for your vision. The 3 bedroom 2 bath home is being sold "as is". Additional features to the property include a detached 3 car garage and additional storage structure for equipment.

4245 Tarsus Rd, Palmyra

$485,000

3 Beds ⋅ 3 Baths ⋅ 3598281 MLS ⋅ ACTIVE Status ⋅ 2.5 Acres ⋅ 37142 Zip Code

This new construction opportunity on 2.5 acres offers 2,177 sq ft of thoughtfully designed space. Built without compromising privacy or customization options, this 3-bedroom, 2.5-bath home features a versatile bonus room and modern finishes. Situated on a spacious private lot, it provides ample room for outdoor entertaining, gardening, or simply enjoying the tranquility away from neighbors. Purchasing this pre-sold home lets you personalize select features before completion. Buyers can choose cabinet and vanity colors, interior finishes, subject to builder approval and availability, ensuring the home reflects your style from the ground up. The expansive floor plan offers generous space for living, entertaining, and growing. The exterior combines brick and siding with modern rooflines, a covered front porch, and a large garage for striking curb appeal. Act now. Select your colors and finishes early. Watch your new home come to life as you make it uniquely yours. Please note: rendering is illustrative and used from a previous build. Buyer selections, materials, colors, finishes, and specifications are subject to builder approval, availability, allowances, lot conditions, and construction stage.

Cherry Ln, Palmyra

$455,000

3 Beds ⋅ 3 Baths ⋅ 3514268 MLS ⋅ ACTIVE Status ⋅ 0.68 Acres ⋅ 37142 Zip Code

This amazing property offers the perfect combination of comfort, convenience, outdoor living and no HOA fees or city taxes! Located directly next to the beautiful Rich Ellen Park, you'll enjoy easy access to green space, walking paths, and plenty of room to relax or play—all right outside your back door. Inside you'll find an open layout with a vaulted great room, functional kitchen, separate dining, and primary bedroom on main level. Upstairs is a large bonus room, two additional bedrooms, and a nice attic storage space. Enjoy a huge backyard with covered and uncovered patios, a separate firepit area plus your own private gate access to Rich Ellen Park.

1253 Rich Ellen Dr, Palmyra

$450,000

3 Beds ⋅ 2 Baths ⋅ 3271028 MLS ⋅ ACTIVE Status ⋅ 9.05 Acres ⋅ 37142 Zip Code

Peace, privacy, and Fort Campbell convenience? Say less. Welcome to 3450 Chapman Circle, your own private escape on 9.01 acres. Unheard of. This original custom-built 3-bedroom, 2-bath, one-level home offers incredible views, peaceful country living, and plenty of space to spread out while still being close to Fort Campbell and Clarksville. Enjoy new hardwood floors, crown molding, new tile countertops and backsplash, a large eat-in kitchen, a formal dining room, and a spacious Florida room perfect for soaking in the views. New roof in 2025! Need room to breathe? This is it. Bring your hobbies, pets, and dreams. No HOA, no restrictions do what you want when you want. there’s space for it all.

3450 Chapmans Cir, Palmyra

$390,000

3 Beds ⋅ 2 Baths ⋅ 3244728 MLS ⋅ ACTIVE Status ⋅ 3.72 Acres ⋅ 37142 Zip Code

Rare opportunity to own approximately 8.1 acres in the peaceful countryside of Palmyra, TN. This unique offering includes two adjoining parcels (4368 & 4370 Old Metal Rd) being sold together, providing ample space for a variety of possibilities. The property features existing utilities, road frontage, and two mobile homes that convey with the sale. Enjoy the privacy and tranquility of rural living while remaining conveniently located within Montgomery County. Whether you’re looking for a homestead, investment opportunity, rental income potential, or a place to build your future dream home, this property offers endless possibilities. Properties are being sold together and are shown by appointment only.

4370 Old Metal Rd, Palmyra

$390,000

3 Beds ⋅ 2 Baths ⋅ 3244727 MLS ⋅ ACTIVE Status ⋅ 4.4 Acres ⋅ 37142 Zip Code

4368 Old Metal Rd, Palmyra

$239,900

2 Beds ⋅ 2 Baths ⋅ 3242178 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 4.5 Acres ⋅ 37142 Zip Code

**NEW PRICE** Unique earth-sheltered home offering exceptional privacy and plenty of potential. Features include a den with a gas-log fireplace, a primary bedroom with exterior access, and a central heat and air. Outside, you'll find a two-bay shop with a mechanic's pit in the garage for easy vehicle maintenance. A rare opportunity for someone looking for a property that's truly different.

4089 Old Metal Rd, Palmyra

$440,000

4 Beds ⋅ 3 Baths ⋅ 3190639 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 1.62 Acres ⋅ 37142 Zip Code

Country Charm Meets Outdoor Adventure On This Peaceful 1.6 Acres Property Located Just Minutes From Local Fishing Holes and Boat Docks. Enjoy A Private and Serene Back Yard Oasis With A Large Paver Patio and Built in Fire Pit Perfect For Entertaining, Relaxing or Evening Fires. Expansive Grounds Offer Room For Gardening, Recreation and Quiet Country Living While Still Being Close To Water Access And Outdoor Activities. Storage Shed & Playset Convey. Large Eat in Kitchen Overlooks the Living Space and Features White Cabinetry, Subway Tile Backsplash and all Stainless Steel Kitchen Appliances Convey.

2685 Mockingbird Hill Rd, Palmyra

Start Your Search

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.

37142 Homes under $500,000

Newest 37142 Homes under $500,000

How much is your home worth?

How much is your home worth?