38242 Homes under $400,000

Welcome to the charming community of Paris, Tennessee, nestled in the heart of Henry County and proudly bearing the zip code 38242. This picturesque town is a hidden gem, offering a delightful blend of small-town charm and modern conveniences. With its rich history, friendly atmosphere, and stunning natural landscapes, Paris is the perfect place to call home.

For homebuyers seeking affordability without sacrificing quality, the Paris area boasts a variety of beautiful homes under $400,000. Whether you are a first-time buyer, a growing family, or looking to downsize, you’ll find an array of options that cater to your needs. From cozy single-family homes with spacious yards to contemporary townhouses with modern amenities, there is something for everyone.

Living in Paris means enjoying a vibrant community with access to local parks, recreational activities, and a bustling downtown filled with unique shops and restaurants. The scenic beauty of nearby Kentucky Lake offers endless opportunities for outdoor adventures, including fishing, boating, and hiking. Additionally, the friendly locals and active community events foster a sense of belonging that makes Paris feel like home.

With its affordable housing market and an abundance of local charm, zip code 38242 is an ideal destination for anyone looking to settle in a welcoming community. Discover your dream home in Paris, TN, and experience the warmth and hospitality that this lovely town has to offer!

Newest 38242 Homes under $400,000

$350,000

3 Beds ⋅ 3 Baths ⋅ 3622728 MLS ⋅ ACTIVE Status ⋅ 4 Acres ⋅ 38242 Zip Code

This incredible unrestricted 4 acre property is located less than a mile from Garrett Lake. With two homes, rolling hills, and beautiful mature trees, this property offers comfort, privacy, and opportunity. The main home is fully renovated with 3 bedrooms and 2.5 baths. Inside this energy efficient home, you’ll find quality finishes throughout, including granite countertops, custom wood cabinetry, vinyl plank flooring, and a cozy gas fireplace. The home is being sold furnished, with new furniture, making it truly move-in ready. A second home is also located on the property. Electricity, shared well, and septic are installed. While it requires renovation, it offers endless possibilities as a guest house, rental property,etc. Outside, you’ll find everything you need for a mini farm or country lifestyle, including separately fenced areas and covered storage for farm equipment and your toys. An in-ground storm shelter and RV hookups are also in place on this property!

455 Rawls Rd, Paris

$255,000

3 Beds ⋅ 2 Baths ⋅ 3622567 MLS ⋅ ACTIVE Status ⋅ 0.13 Acres ⋅ 38242 Zip Code

New build in Paris city limits! This 3 bed, 2 bath home blends modern finishes, energy efficiency, and a convenient in-town location. You’ll love the open-concept layout, durable LVP flooring, and a bright, functional living space made for everyday comfort. The kitchen offers custom cabinetry and sleek countertops with plenty of room to cook, gather, and entertain. Features include a single-car garage, concrete driveway, and a utility room for added convenience. The primary suite includes a spacious walk-in closet and private bath. Located near downtown Paris, schools, dining, and Henry County Medical Center—about 20 minutes to Kentucky Lake and around 30 minutes to Murray State University. Move-in ready and built to impress!

30 Warren St, Paris

$260,000

4 Beds ⋅ 2 Baths ⋅ 3621071 MLS ⋅ ACTIVE Status ⋅ 0.89 Acres ⋅ 38242 Zip Code

Space, Convenience & In-Town Living! This spacious split-level home offers just over 2,000 square feet with 4 bedrooms and 2 full bathrooms, all in a convenient location in the heart of Paris, close to shopping, dining, schools, and everyday amenities. Situated on a rare double lot totaling approximately 0.9 acres, this property offers plenty of outdoor space to enjoy while remaining right in town. The main level features 3 bedrooms, 1 full bathroom, and a comfortable living room. The lower level provides additional flexibility with a fourth bedroom, second full bathroom, den, and laundry area. An attached carport offers convenient covered parking, while the generously sized storage shed provides plenty of room for tools, equipment, lawn care items, and more. If you're looking for extra space, a versatile floor plan, and a large in-town lot, this property is full of possibilities! This spacious split-level home offers just over 2,000 square feet with 4 bedrooms and 2 full bathrooms, all in a convenient location in the heart of Paris, close to shopping, dining, schools, and everyday amenities. Situated on a rare double lot totaling approximately 0.9 acres, this property offers plenty of outdoor space to enjoy while remaining right in town. The main level features 3 bedrooms, 1 full bathroom, and a comfortable living room. The lower level provides additional flexibility with a fourth bedroom, second full bathroom, den, and laundry area. An attached carport offers convenient covered parking, while the generously sized storage shed provides plenty of room for tools, equipment, lawn care items, and more. If you're looking for extra space, a versatile floor plan, and a large in-town lot, this property is full of possibilities!

117 Flower Ln, Paris

$299,900

4 Beds ⋅ 2 Baths ⋅ 3615445 MLS ⋅ ACTIVE Status ⋅ 0.46 Acres ⋅ 38242 Zip Code

Move right in and make yourself at home in this turn-key, single-level brick home on just shy of half an acre! With 4 bedrooms and 2 bathrooms, there’s room to spread out while enjoying the convenience of everything on one level. A new four-season room addition at the back of the home creates an inviting space for morning coffee, a favorite book, or gathering with friends throughout the year. Outside, the large fenced-in backyard offers room for you to enjoy with a gazebo providing a welcoming spot to relax or entertain. Recent improvements include a new roof, new heat pump, and new sewer lines, along with windows that are approximately five years old. With major updates already completed and inviting spaces inside and out, this home is ready for its next chapter!

104 Lark St, Paris

$110,000

5 Beds ⋅ 2 Baths ⋅ 3602350 MLS ⋅ ACTIVE Status ⋅ 0.38 Acres ⋅ 38242 Zip Code

This property features a 3-bedroom, 1-bath main level, plus a basement with 2 additional rooms, 1 full bathroom, kitchen, and living room area. Basement has a separate exterior entrance, is not accessible from the main house . Property needs work, and will not qualify for financing. CASH BUYERS only. It is walking distance to Downton Paris. Property is sold AS-IS no repairs will be done. Buyer to verify all pertinent information including, but not limited to, square footage, lot size, zoning, schools, utilities, property condition, permits for any work done etc.. Owner/Agent. Seller is a licensed real estate agent

422 N Brewer St, Paris

$210,000

3601403 MLS ⋅ ACTIVE Status ⋅ 38242 Zip Code

Investment opportunity in Paris, TN! This recently updated duplex features two separate units, each offering 2 bedrooms and 1 full bath. Both sides provide functional living spaces with recent improvements, making this property well suited for an investor looking to add to their rental portfolio or an owner looking for a multi-unit property. Conveniently located in Paris with access to hospital shopping, dining, employment, and other area amenities. Buyer to verify square footage, lot size, schools, taxes, rental information, and all pertinent information.

1001 Cowan St, Paris

$269,999

4 Beds ⋅ 3 Baths ⋅ 3593334 MLS ⋅ ACTIVE Status ⋅ 0.5 Acres ⋅ 38242 Zip Code

Sturdy, classic brick home conveniently located just 5 minutes from the new Paris Crossings shopping center, 10 min from downtown Paris and 15 min from Paris Landing. Sit on the newly stained back deck and look over your beautiful fenced back yard in this newly renovated home with nearly 131k in renovations including new guest bathroom, new flooring, solid surface counter tops, and new ductwork just to name a few. Master suite with 2 sky lights and plank ceiling and large walk in closet. Roof ~10 years old, HVAC 5 years old. Extra storage out back with 2 storage buildings and an extra carport to park all your toys. Get your appointment today to see this one today and WELCOME HOME TO 1110 HWY 218 BYPASS!!!!

1110 Hwy 218th Byp, Paris

$189,000

2 Beds ⋅ 1 Baths ⋅ 3547171 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.37 Acres ⋅ 38242 Zip Code

All-brick, one-level home offering 2 or 3 bedrooms and plenty of comfortable living space. This home features a brand-new roof installed in 2026, central heating and air with natural gas heat, and a spacious living room. Home has gutters. The dining room could easily be used as a third bedroom, home office, or additional living space. A large utility room provides extra storage and includes chest freezer. Outside, you’ll find an attached carport, a large fenced backyard, and a 20' x 24' detached garage with a convenient roll-up door. This well-maintained home is a must-see and won’t last long!

102 Patterson St, Paris

$199,900

3 Beds ⋅ 2 Baths ⋅ 3546728 MLS ⋅ ACTIVE Status ⋅ 0.48 Acres ⋅ 38242 Zip Code

385 Clifty Village Ln, Paris

$279,900

3 Beds ⋅ 2 Baths ⋅ 3545076 MLS ⋅ ACTIVE Status ⋅ 1.1 Acres ⋅ 38242 Zip Code

165 Dortch Ln, Paris

$179,500

3 Beds ⋅ 2 Baths ⋅ 3541438 MLS ⋅ ACTIVE Status ⋅ 3.96 Acres ⋅ 38242 Zip Code

36 Green Ln, Paris

$45,000

3 Beds ⋅ 2 Baths ⋅ 3541233 MLS ⋅ ACTIVE Status ⋅ 2.48 Acres ⋅ 38242 Zip Code

Investment Opportunity, Whether you are just starting out or a seasoned investor this is a good deal to get your hand dirty and turn a profit. This double wide mobile home does need cosmetic updates throughout but is sitting on 2.48 acres of land within city limits. Storage shed has electricity and all utilities are in place. Call the listing agent for further details and showing schedules. showings available from 12pm through 8pm. all showings must be approved prior to arrival.

616 Powell St, Paris

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.

38242 Homes under $400,000

Newest 38242 Homes under $400,000

How much is your home worth?

How much is your home worth?