38468 Homes under $500,000

Welcome to Leoma, Tennessee, a charming community nestled in the heart of Lawrence County, with the zip code 38468. This picturesque area offers a perfect blend of small-town charm and modern conveniences, making it an ideal place for families, retirees, and anyone looking to enjoy a serene lifestyle.

Leoma boasts a rich history and a warm, welcoming atmosphere. The friendly residents take pride in their community, which is surrounded by beautiful landscapes, lush greenery, and scenic views. With its close-knit feel, you’ll quickly find that neighbors become friends, and local events foster a strong sense of belonging.

For those in search of their dream home, Leoma offers an impressive selection of properties under $500,000. Whether you’re looking for a cozy single-family home, a spacious ranch-style house, or a charming cottage, there’s something for everyone. These homes often feature modern amenities, ample outdoor space, and the kind of character that makes a house truly feel like a home.

Living in Leoma means you can enjoy the tranquility of rural life while still being just a short drive away from larger cities like Lawrenceburg, where you can find shopping, dining, and entertainment options. The area is also known for its excellent schools and recreational opportunities, making it a great place to raise a family.

Discover the charm and affordability of Leoma, TN, and let us help you find the perfect home in this delightful community. Your dream home awaits in the heart of Lawrence County!

Newest 38468 Homes under $500,000

$315,000

2 Beds ⋅ 2 Baths ⋅ 3612047 MLS ⋅ ACTIVE Status ⋅ 5.25 Acres ⋅ 38468 Zip Code

UNIQUE 1,376 sq. ft. METAL SHOPHOUSE • 5.25 ACRES • 1,200 SQ FT SHOP/GARAGE! FIBER INTERNET! If you’ve been searching for a property that offers privacy, acreage, low-maintenance living, and an incredible amount of workspace—this is it! This distinctive metal shophouse is privately tucked away on approximately 5.25 rolling acres of fertile fields, offering the perfect combination of comfortable living and serious functionality. Step inside and fall in love with the open floor plan, featuring 2 bedrooms and 2 full baths, beautiful 9-foot pine shiplap walls, character-filled tin ceilings, and new LVP flooring. The spacious bath boasts a stunning 5' x 7' walk-in shower that feels like a private retreat. Another standout feature is the 1,200-square-foot attached shop/garage, complete with electric roll-up doors. Whether you need room for vehicles, equipment, a workshop, hobbies, storage, or a home-based business, this space gives you options that are hard to find! Outside, the property offers the peace and privacy of approximately 5.25 rolling acres, with fertile open fields and plenty of room to enjoy the country lifestyle and maybe a couple of horses, cows, or other animals. Deer visit the yard daily, making every day feel like a little getaway. With its durable metal construction, updated interior, spacious attached shop, beautiful acreage, and move-in-ready condition, this property is truly one-of-a-kind. Private country living without giving up convenience—just 15 minutes from the Alabama line! Come see it for yourself—you may have just found the property you’ve been looking for! Home can also be purchased with 9.75 +/- acres or 16+/- acres.

97 Shannon Rd, Leoma

$239,000

2 Beds ⋅ 2 Baths ⋅ 3611743 MLS ⋅ ACTIVE Status ⋅ 0.4 Acres ⋅ 38468 Zip Code

Adorable ALL Brick Ranch sitting in a quite shaded country setting. Just off Highway 64 & Highway 43 for an easy commute to anywhere. Very well maintained. CH&A, wall propane gas heater for back up heat. Like new stainless side by side refrigerator and range, D/W stays. New Luxury Vinyl Plank flooring installed. New Hot water heater. This home features a large spacious living room and eat in kitchen with tons of oak cabinets. Master bedroom with walk in closet, oversized bathroom with jacuzzi tub, double vanity sinks. Attached carport. Concrete drive. Covered front porch. Large back deck with handicapped ramp. Nice outbuilding. Large pecan and shade trees. Too many features to mention. Buy TODAY!

76 Shoally Branch Rd, Leoma

$259,000

3 Beds ⋅ 2 Baths ⋅ 3603954 MLS ⋅ ACTIVE Status ⋅ 20.1 Acres ⋅ 38468 Zip Code

Secluded property with 20+- acres (to be surveyed prior to close) with access from 3 roads. The home was originally a single wide mobile home that has been added on to. Property is being sold as is and does need a new roof. It is on well water, but public water is available. There is a rainwater pond at the front of the property and a small stream. There is a propane tank and a propane wall heater that is 2 years old. Window AC units. There are 3 bedrooms and 2 baths.

9 Gowen Rd, Leoma

$339,900

3 Beds ⋅ 3 Baths ⋅ 3602759 MLS ⋅ ACTIVE Status ⋅ 0.68 Acres ⋅ 38468 Zip Code

2464 Hwy 43 S, Leoma

$450,000

5 Beds ⋅ 3 Baths ⋅ 3597768 MLS ⋅ ACTIVE Status ⋅ 12 Acres ⋅ 38468 Zip Code

5 bed 3 bath custom country home built in 2012 sitting on 12 +/- acres with creek frontage and a pond! The long private driveway leads you back to a tranquil and peaceful setting where you will find the 2,304 square foot custom country home overlooking the peaceful country side. Inside, the home boasts a spacious and inviting layout with plenty of room for family living or entertaining guests. The large kitchen flows seamlessly into the open living and dining areas, while the generous bedrooms and well-appointed bathrooms provide plenty of space and convenience. With a mix of modern amenities and cozy country charm, this home is move-in ready and full of potential. Whether you're enjoying morning coffee on the porch, exploring your wooded acreage, or relaxing by the creek, this property offers a tranquil escape from the hustle and bustle—just minutes from local conveniences. Other features of this property include an outdoor cooking area and numerous fruit trees. Don't miss your chance to own this slice of Tennessee paradise!

290 Prokesh Rd, Leoma

$249,999

3 Beds ⋅ 2 Baths ⋅ 3542730 MLS ⋅ ACTIVE Status ⋅ 0.95 Acres ⋅ 38468 Zip Code

NEW PRICE! Country living, a backyard made for entertaining, and the opportunity for even more acreage—2233 Fall River Rd in Leoma has so much to offer! This 3-bedroom, 2-bath home with a dedicated office offers comfortable indoor living paired with an outdoor space you’ll want to enjoy all season long. Step outside to an above-ground pool, spacious multi-level decking, pergola, and fenced yard—the perfect setup for summer pool days, cookouts, entertaining, pets, or simply relaxing in your own peaceful country setting. The sellers have made numerous improvements throughout their ownership, including a metal roof installed in 2021, new HVAC unit in March 2026, new pool liner in 2025, and new pool pump in 2026. The outdoor spaces have also received plenty of attention with updated deck railings, steps and pergola, along with a 3-rail fence with galvanized wire and two gates. Inside, you’ll find plantation blinds throughout, updated paint in several rooms, and a kitchen featuring a glass-top range with double ovens and built-in air fryer. Even better, all appliances remain—including the washer and dryer, helping make this home ready for its next chapter. WANT MORE LAND? There’s an opportunity to expand beyond the existing property! Two additional parcels are available—a 1.15-acre parcel adjoining the property and a 1.54-acre parcel directly across Fall River Rd. These parcels may be purchased separately or negotiated as part of the purchase of 2233 Fall River Rd, creating the opportunity for additional acreage, privacy, investment potential, or future possibilities. Come see the home, experience the backyard, and imagine what you could do with the additional acreage opportunity!

2233 Fall River Rd, Leoma

$230,000

3 Beds ⋅ 2 Baths ⋅ 3528718 MLS ⋅ ACTIVE Status ⋅ 0.91 Acres ⋅ 38468 Zip Code

Tucked away on just shy of an acre, this beautiful NEW 3 bedroom, 2 bath home is ready for its new owners! 😍 🏡 Open floor plan perfect for entertaining 🛏️ Split-bedroom layout for added privacy 🛁 Primary suite with double vanities, soaking tub, tile shower & walk-in closet ☕ Covered front porch for slow mornings 🌳 HUGE back deck with plenty of room to relax, watch the wildlife, sip your morning coffee, or fire up the grill in the evening! Every bit of space in this home has been thoughtfully used, giving you a layout that feels comfortable, functional, and inviting.

106 Shoal Creek Rd, Leoma

$129,000

2 Beds ⋅ 1 Baths ⋅ 3528669 MLS ⋅ ACTIVE Status ⋅ 0.84 Acres ⋅ 38468 Zip Code

New Price! Welcome to 2270 River Falls Rd. in Leoma, Tennessee! This quaint 1940s home offers approximately 1,600 sq. ft. of living space with 2 bedrooms and 1 bath. Renovations have been started, offering the next owner a great opportunity to complete the finishing touches and make this charming home their own. The property also features a spacious one-car garage/workshop, screened porch, and a covered front porch perfect for relaxing and enjoying the peaceful surroundings. With its vintage character, generous living space, and plenty of potential, this home is ready for its next chapter!.

2270 Fall River Rd, Leoma

$230,000

3 Beds ⋅ 1 Baths ⋅ 3524681 MLS ⋅ ACTIVE Status ⋅ 0.59 Acres ⋅ 38468 Zip Code

Welcome home to this inviting single-story home situated on a spacious corner lot, offering a comfortable layout, stylish updates, and plenty of outdoor space! Step inside to a bright, welcoming interior featuring rich wood-look flooring, neutral paint, updated lighting, and ceiling fans. The kitchen offers white cabinetry, generous counter space, stainless steel appliances, and an easy flow into the adjoining living and dining areas, creating a functional space for everyday living and entertaining. The home features comfortable bedrooms with abundant natural light and charming accent details, while the updated bathroom adds personality with modern fixtures, a decorative floral accent wall, and an updated tub/shower. Outside is where this property really stands out! The large fenced backyard provides plenty of room for pets, play, gardening, entertaining, or simply enjoying your own outdoor space. Mature trees offer shade and character, while a storage shed provides additional functionality. The corner-lot setting and generous yard give the property an open feel that's hard to find. With its combination of one-level living, updated finishes, stainless appliances, fenced yard, mature trees, and a desirable corner lot, this home offers an excellent opportunity for a first-time buyer, downsizer, or investor. Move-in ready and waiting for its next owner—schedule your showing today!

876 Prosser Rd, Leoma

$238,500

3 Beds ⋅ 2 Baths ⋅ 3514245 MLS ⋅ ACTIVE Status ⋅ 1.69 Acres ⋅ 38468 Zip Code

Charming Country Living in the Heart of Leoma! Nestled on nearly 2 acres, this home offers the perfect blend of peaceful country living and a convenient location. Enjoy an abundance of fruit trees, grapevines, and space for a large garden—ideal for anyone with a green thumb! This well-maintained home features 3 bedrooms, 1.5 baths, and a spacious kitchen with ample cabinet space. A cozy sitting area overlooks the back deck—perfect for sipping your morning coffee while enjoying the serene views. Located just a mile from Highway 64, less than 10 minutes to Lawrenceburg, and close to Leoma School, this home offers both comfort and accessibility. Whether you're a first-time buyer or looking to downsize, this home has great potential to make it your own. The large backyard is full of possibilities! Don’t miss out—schedule your private showing today!

2629 Hwy 43 S, Leoma

$250,000

3 Beds ⋅ 2 Baths ⋅ 3501385 MLS ⋅ ACTIVE Status ⋅ 0.59 Acres ⋅ 38468 Zip Code

Back on the Market due to Buyers Financing Falling Through! This well-maintained 3 bedroom, 2 bathroom home offers a comfortable layout with beautiful hardwood flooring throughout much of the home. The kitchen features white cabinetry, granite countertops, stainless steel appliances, and plenty of storage and workspace. Enjoy a spacious primary bedroom with a private bath, additional generously sized bedrooms, and a separate laundry area. Outside, the home offers a large fenced backyard, rear deck, and plenty of room to enjoy the outdoors. Conveniently located in Leoma with easy access to Lawrenceburg and surrounding areas.

58 Rabbit Trail Rd, Leoma

$459,000

3 Beds ⋅ 3 Baths ⋅ 3309113 MLS ⋅ ACTIVE Status ⋅ 1.33 Acres ⋅ 38468 Zip Code

This beautiful 3 bed, 3 bath hardboard home is nicely situated on a 1.3 acre corner lot. The inviting front porch will welcome you to this well appointed property. Evenings will find the covered back porch as the favorite gathering spot. A large bonus room, which could easily be a 4th bedroom has it's own bath. The split floor plan has the primary bedroom tucked away for added privacy, and the primary bath is equipped with double vanities, a soaking tub, and a separate walk-in marble shower. The open living, kitchen, and dining area is perfect for entertaining. Custom cabinets, quartz countertops, farmhouse sink, and tile backsplash take this gorgeous kitchen to the next level!

17 Tad Rd, Leoma

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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.

38468 Homes under $500,000

Newest 38468 Homes under $500,000

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