Back 508 Watson Street
Off Market

508 Watson Street

Lebanon TN 37087

Land
Last sold for $125,000
Kenny SallisKenny Sallis, last sold this property on 01 May 2026 after 252 days on market.

Overview

Prime development opportunity with straight zoning—no rezoning required! This RXH-zoned infill lot (just over 9,000 sq ft) allows for multiple residential development options, including single-family homes, townhomes, duplexes, quadplexes, and potential for multiple ADUs depending on site configuration. Strong density potential make this an ideal investment project. Buyer to verify allowable density and development plans with the City of Lebanon Planning Department at (615) 444-3647.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Lebanon over the last 12 months, the estimated median property value of 508 Watson Street is $175k.

Median value
$175k
Estimated value range
$10k - $1.98m
Median days on market
23
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lebanon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 508 Watson Street

2026
Sold
$125,000
01 May 2026 by Kenny Sallis, of Sallis Realty Group
2025
Sold
$205,000
01 Jul 2025 by Tommy Davidson, of John Jones Real Estate LLC

Happy sellers in Lebanon

92%
92% of sellers in Lebanon reported that their sale price either exceeded or met their price expectations.

Lebanon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Lebanon over the last 12 months.

Local market activity for land plots in Lebanon

In the last 12 months, 50 land plots similar to 508 Watson Street, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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