Watertown Homes under $400,000

Welcome to Watertown, Tennessee—a charming small town nestled in the heart of Wilson County. Known for its friendly atmosphere and picturesque landscapes, Watertown offers a unique blend of rural charm and modern convenience. With a population of just over 1,500 residents, this tight-knit community boasts a rich history, vibrant local culture, and a welcoming spirit that makes it an ideal place to call home.

One of the standout features of Watertown is its affordability, particularly when it comes to housing. For those looking to settle in this delightful town, there are numerous homes available under $400,000. Whether you’re a first-time buyer, a growing family, or someone looking to downsize, you’ll find a variety of options that cater to your needs. From cozy single-family homes with spacious yards to modern townhouses with contemporary finishes, Watertown has something for everyone.

Residents enjoy a slower pace of life while still being just a short drive away from larger cities like Lebanon and Nashville, where you can find shopping, dining, and entertainment galore. The town is also home to beautiful parks, local festivals, and community events that foster a sense of belonging and connection among neighbors.

In Watertown, you can enjoy the tranquility of small-town living without sacrificing the conveniences of urban life. With its affordable housing market and a strong sense of community, Watertown is truly a hidden gem in Tennessee—ready to welcome you home!

Newest Watertown Homes under $400,000

$374,900

3 Beds ⋅ 2 Baths ⋅ 3630042 MLS ⋅ ACTIVE Status ⋅ 6.89 Acres ⋅ 37184 Zip Code

6.89 Acres, Spacious One-Level Living & Room to Make It Your Own! Discover the possibilities at 939 Statesville Road in Watertown, TN! This 4-bedroom home offers generous living spaces, abundant storage, and the freedom of country living. The oversized primary suite provides a private retreat with a spacious bath featuring double vanities, a separate soaking tub, and walk-in shower. Three additional generously sized bedrooms offer plush carpeting, ceiling fans, and oversized closets. The kitchen features abundant cabinetry, ample counter space, and built-in appliances, while multiple living areas provide flexibility for entertaining, hobbies, or a home office. Enjoy cozy evenings by the fireplace or relax on the covered back deck overlooking the property. Recent improvements include an HVAC system and water heater, both approximately 3 years old! Outside, 6.89 acres offer room for gardening, outdoor recreation, and enjoying the peaceful rural setting. Multiple carports and storage buildings provide space for vehicles, equipment, and projects. If you're searching for acreage, spacious living, and endless possibilities in Watertown, Tennessee, this property is ready for your personal touch!

939 Statesville Rd, Watertown

$350,000

3 Beds ⋅ 2 Baths ⋅ 3626314 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.49 Acres ⋅ 37184 Zip Code

L&T Freeman Construction, LLC is a local Watertown, TN general contractor who builds a house like his family will live in it. Currently, all items have been selected and are scheduled for installation for a December 1, 2026 completion date. Concrete extends outside the garage with some covered area for grilling where you could roll it out of the garage and stay on concrete. This home is a plan that has been built many times with improvements with each new build. The open floor plan is what gets the attention to begin with. Why? The primary bedroom is on the garage side of the house with a 5 foot shower and walk-in closet from the bathroom so no lost wall space in the primary bedroom to work around with furniture. The other two bedrooms are across the house with their full bath between them. The kitchen is always a focal point with stainless steel appliances and upgraded cabinets. Only the 2nd and 3rd bedrooms have carpet while the remainder of the house has laminate wood flooring and luxury vinyl tile. The back patio is covered with a ceiling fan. All electric house with all the upgrades. Some say the market is slow, but houses like these tend to sell pretty well. Don't miss out - schedule a showing today!

718 Grand Ave, Watertown

$330,000

3 Beds ⋅ 3 Baths ⋅ 3626318 MLS ⋅ ACTIVE Status ⋅ 0.34 Acres ⋅ 37184 Zip Code

L&T Freeman Construction, LLC is a local Wilson County builder who builds upgraded homes not just a starter home but ones they'd like their family and friends to live in. Large doors for easy access inside the house. They even planned for the future in the event anyone wanted or needed extra square footage by insulating the entire garage. That would make this a 4 bedroom house but no garage or maybe just a small area for storage. This could add another 359 square feet to this home. Why is it that easy? This house is on sewer and all it needs is HVAC or at least heat to be considered part of the living square footage. Currently, all items have been selected and are scheduled for installation for a December 1, 2026 completion date. The kitchen is always a focal point with stainless steel appliances and upgraded cabinets that includes a Lazy Susan corner cabinet plus all doors and drawers have easy close so they don't slam, . Concrete extends outside the garage with some covered area for grilling where you could roll it out of the garage and stay on concrete. This home is a plan that has been built many times with improvements with each new build. The open floor plan is what gets the attention to begin with. Why? The primary bedroom is on the garage side of the house with a 5 foot shower and walk-in closet from the bathroom. This is a big upgrade so there is no lost wall space in the primary bedroom to work around with furniture. The other two bedrooms are across the house with their full bath between them. Only the 2nd and 3rd bedrooms have carpet while the remainder of the house has laminate wood flooring and luxury vinyl tile. The back patio is covered with a ceiling fan. A house with all the upgrades with some you may not even see or know about for months. Some say the market is slow, but houses like these tend to sell pretty well. Don't miss out - schedule a showing today!

720 Grand Ave, Watertown

$349,900

2 Beds ⋅ 1 Baths ⋅ 3621214 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 3.04 Acres ⋅ 37184 Zip Code

Come home to the charm of country living at 20 Phillips Ln in Watertown! This cozy 2-bedroom, 1-bath home offers 984 sq ft of comfortable living space and sits on approximately 3.04 acres, giving you plenty of room to enjoy the outdoors. A detached garage and covered carport area provide extra space for parking, storage, hobbies, or projects. Whether you’re looking for your first home, hoping to downsize, or simply dreaming of a quieter place with a little land, this sweet property has so much to offer. Peaceful, inviting, and full of potential—come see what makes this one feel like home!

20 Phillips Ln, Watertown

$199,900

2 Beds ⋅ 1 Baths ⋅ 3613301 MLS ⋅ ACTIVE Status ⋅ 1.84 Acres ⋅ 37184 Zip Code

Unlock major potential with this exceptional investment opportunity! Situated on its own parcel, this property features a 1,100+ sq. ft. 2-bedroom, 1-bathroom home ready for a total gut remodel, making it a dream blank canvas for experienced investors, flippers, or savvy buyers looking to build immediate equity. Also can combine this with other parcel. Other MLS # is 3613299

7291 Greenvale Rd, Watertown

$219,900

3 Beds ⋅ 2 Baths ⋅ 3598171 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 8.34 Acres ⋅ 37184 Zip Code

Check out this beautiful 8.3 acres, with an existing septic! old farmhouse currently on the property, that would require extensive rehab, or take advantage of the existing septic and utilities to build your dream home! additional barns on property for farm use if desired.

1570 Holmes Gap Rd, Watertown

$334,999

4 Beds ⋅ 2 Baths ⋅ 3598059 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.34 Acres ⋅ 37184 Zip Code

Four bedrooms, a detached garage, on a quiet dead-end street, backing up to a farm - all just blocks from Watertown Square! This charming brick ranch features beautiful hardwood floors, a brick gas fireplace, freshly painted walls, and new light fixtures throughout. The updated kitchen features a new sink, countertops, backsplash, and floating shelves, with all appliances remaining. The updated guest bath features a new vanity and walk-in shower. Additional updates include a 2023 HVAC system with an AprilAire humidity unit, along with a washer and dryer that remain with the home. Outside, enjoy a spacious deck overlooking the fenced backyard, backing up to a treeline and farm for added privacy. Open acreage alongside the home adds to the outdoor space. The detached garage includes a carport and workshop, offering plenty of additional space for storage or projects. With its thoughtful updates and all appliances remaining, this home offers the convenience of being close to town while still providing a private and comfortable place to call home. **Preferred lender incentive: 1% of the loan amount offered to Buyers!**

368 Richland Ave, Watertown

$149,900

3 Beds ⋅ 1 Baths ⋅ 3527153 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 2 Acres ⋅ 37184 Zip Code

INVESTMENT OPPORTUNITY!! TLC and restoration needed. Sitting on 2 +/- acres in Wilson Co.,this home was previously rented and needs repairs/updates. The home offers 3 bedrooms and 1 bathroom, eat in kitchen and separate dining room. New HVAC (2024) and newer roof. Well water. Detached building may be able to be restored. Lot's of potential! Selling AS IS. Inspections welcome. Cash/Conventional. Will not go FHA/VA as it is.

112 Borum Rd, Watertown

$325,000

3 Beds ⋅ 2 Baths ⋅ 3526040 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.92 Acres ⋅ 37184 Zip Code

FREE REDUCED INTEREST RATE OFFERED. Discover this beautifully renovated site-built 3-bedroom, 2-bath home with a full crawlspace in Watertown, TN. With no HOA and no city taxes, this property offers a low-maintenance lifestyle with plenty of everyday comfort. Situated on almost 1 acre of land, the home features fully updated durable and stylish LVP flooring, an updated kitchen, and a custom full primary bathroom. The covered front porch welcomes you into an open-concept layout makes the main living areas ideal for relaxing, gathering, and entertaining. Outside, step onto the freshly renovated deck and enjoy additional space for outdoor living, while the detached shed provides convenient storage for tools, lawn equipment, and more. The generous driveway offers ample open parking for residents and guests. Conveniently located within walking distance of Watertown High School and just minutes from other schools, parks, shopping, dining, and more! This move-in-ready Watertown property offers slow country living with big city convenience. Schedule your private tour today!

510 Neal Rd, Watertown

$314,500

3 Beds ⋅ 1 Baths ⋅ 3319962 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 0.55 Acres ⋅ 37184 Zip Code

This well-maintained home features a durable metal roof, new appliances, and a detached 2-car garage. Inside you'll find new cabinets, fresh paint, and new flooring throughout. Situated on a large lot, this property offers plenty of space and privacy. A fantastic opportunity in Watertown!

4874 Sparta Pike, Watertown

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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.

Watertown Homes under $400,000

Newest Watertown Homes under $400,000

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