38560 Homes under $400,000

Welcome to the charming community of Elmwood, Tennessee, nestled in the heart of Smith County, zip code 38560. This picturesque town offers a delightful blend of rural tranquility and modern conveniences, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Elmwood is characterized by its friendly atmosphere, scenic landscapes, and strong sense of community. Residents enjoy a slower pace of life, with access to beautiful parks, local shops, and a variety of outdoor activities. The nearby Center Hill Lake provides opportunities for boating, fishing, and picnicking, while the surrounding hills offer stunning views and hiking trails for nature enthusiasts.

One of the most appealing aspects of Elmwood is the availability of homes under $400,000. Whether you’re a first-time homebuyer or looking to downsize, you'll find a diverse selection of properties that cater to different tastes and budgets. From charming single-family homes with spacious yards to cozy cottages that exude character, there’s something for everyone in this welcoming community.

Living in Elmwood means you can enjoy the serenity of rural living without sacrificing access to essential amenities. With a strong sense of community, excellent schools, and a variety of local events, Elmwood is not just a place to live; it’s a place to call home. Explore the opportunities waiting for you in zip code 38560, and discover the perfect house to create lasting memories in this idyllic Tennessee town.

Newest 38560 Homes under $400,000

$189,900

3 Beds ⋅ 2 Baths ⋅ 3618790 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 5.32 Acres ⋅ 38560 Zip Code

Brand new 3BR, 2 BA single wide home on permanent foundation with 5.32 acres just minutes from Cordell Hull Lake. This home has never been lived in by owner. This Clayton home design offers nice white shaker cabinets, coffee bar area, pantry and all stainless appliances in kitchen. Primary bedroom is spacious, full bath with walk in shower, double vanity and over sized walk-in closet. Outside features large deck with above ground pool (in need of repair). The acreage offers a well blend of open land and woods. The large metal building is equipment with stalls and property has an additional approx 8x12 storage building. Call today for showing.....this property is very affordable....cheaper than rent.

2 Kaylee Ln, Elmwood

$389,000

2 Beds ⋅ 1 Baths ⋅ 3596220 MLS ⋅ ACTIVE Status ⋅ 29 Acres ⋅ 38560 Zip Code

MILLION DOLLAR VIEWS! Rustic updated farmhouse with 960 Sq ft 2 BR, 1BH and a 44x50 barn that sits at the front of the property. This 29 acre farm has the best views around from the open field on top of the property with the perfect build site for that dream home that offers views for miles with privacy and seclusion like no other. Property is convenient to I-40, Caney Fork River, Cordell Hull Lake and within an hour of BNA airport in Nashville. Farm has fence around the exterior of the property with a pond and could be used to graze livestock, homestead or have a family compound to build multiple homes. This could be a luxury property with that dream home on top of the property with the amazing views and privacy it has to offer. Mineral rights convey with this property!!!

89 Conditt Hollow Rd, Elmwood

$314,900

3 Beds ⋅ 1 Baths ⋅ 3531709 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 9.67 Acres ⋅ 38560 Zip Code

Charming 3 BR 1BH brick home with full size basement on 9.67 acres close to Cordell Hull Lake. This well built home has hardwood flooring throughout the home with new LVT flooring in the kitchen ,new electrical panel, water heater and HVAC in the last few years.. Home has full size unfinished basement that is heated and cooled and could be converted into living area that would double the living space of this home. Property has 30x40 barn and a 20x38 shed with concrete floor that adds value to this property. This property has a nice garden area and is fenced to graze cattle or horses. This property consist of two tracts and another home could be built on the property to make it a family compound close to all the recreational opportunities Cordell Hull Lake and the TWRA lands have to offer in the Sullivan Bend community of beautiful Smith County.

202 Maggart Rd, Elmwood

$224,900

3 Beds ⋅ 2 Baths ⋅ 3513854 MLS ⋅ ACTIVE Status ⋅ 6.61 Acres ⋅ 38560 Zip Code

Bring your vision and make this property your own! Situated on a little over 6 mostly fenced acres, this 3-bedroom, 2-bath manufactured home offers an opportunity for someone looking for acreage, livestock space, and a country setting. The home needs repairs and updates, but the property itself offers plenty of potential. The acreage has previously been used for cows and features a barn and pond, making it well-suited for livestock, recreation, or a small homestead.

673 Cookeville Hwy, Elmwood

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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.

38560 Homes under $400,000

Newest 38560 Homes under $400,000

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