New construction with rental option! Pope Subdivision Lexington, TN. 3BR/2BA brick home on 0.5 acre lot. Open floor plan with vaulted ceilings, laundry room, new appliances, back deck and 2 car garage. Conveniently situated in Lexington to nearby lakes and state parks. Benefits of being geographically centered between Memphis and Nashville and a short 45 minutes drive to Jackson, TN. All public utilities available including high speed internet. Perfect for families or those looking to retire in this great community. Check out the 3D Matterport virtual tour! Taxes to be determined at closing. Seller offers 7 month rental option to fully qualified buyers at $2000.00 per month with $1500.00 security deposit. This option includes a fully executed Purchase and Sale agreement to close at end of 7 month rental term.
Based on the average sale price from the Tullahoma, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
106 Derek Dr Lexington, TN is a Single Family Home for sale at $299900 with 1496 sqft and a lot size of 1 Acres Acre(s). 106 Derek Dr Lexington has 3 bedrooms, 2 baths and was built in 2025. The property's zip code is 38351 which is in Lexington, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.