Highway 54 E, Covington, TN 38019
FOR SALE
39.8 ACRES

$445,000

Original price: $455,000

    Highway 54 E, Covington, TN 38019

    Est. Mortgage $2,732/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    39.8 acre lot

    Local Information

    • Map ViewExplore the area around Highway 54 E.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    39.8 acres with unlimited potential. Some flood zone on east end of property. over 3000 ft of road frontage.
    Last check for updates: about 6 hours ago
    Listing courtesy of Dennis L Roe
    Property Place, (901) 476-2121
    Source: MAAR, MLS#10228729
    Also Listed on MAAR.

    Home Details for Highway 54 E

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Natural Gas Connected
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Frontage
    Road Surface Type: Paved
    Surface & Elevation
    Topography: Level

    Days on Market

    Cumulative Days on Market: 3Days on Market: 49

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 042 042 04900

    Price & Status

    Price
    List Price: $445,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Covington

    Agent Information

    Listing Agent
    Listing ID: 10228729

    Lot Information

    Lot Area: 39.8 Acres

    Offer

    Listing Terms: Will Not Divide

    Miscellaneous

    Mls Number: 10228729Living Area Range Units: Square Feet

    What Locals Say about Covington

    This October

    Trick-or-Treat Score

    Built from what locals say about this neighborhood.
    • 75% say there's holiday spirit
    • 47% say neighbors are friendly
    • 37% say there are sidewalks
    Trulia Trick or TreatStart Ghost Hunt
    At least 33 Trulia users voted on each feature.
    • 86 % Say yards are well-kept

    • 83 % Say car is needed

    • 81 % Say parking is easy

    • 75 % Say there's holiday spirit

    • 68 % Say kids play outside

    • 49 % Say it's quiet

    • 49 % Say people would walk alone at night

    • 47 % Say neighbors are friendly

    • 45 % Say it's dog friendly

    • 44 % Say they plan to stay for at least 5 years

    • 39 % Say there's wildlife

    • 38 % Say streets are well-lit

    • 38 % Say it's walkable to grocery stores

    • 37 % Say there are sidewalks

    • 31 % Say there are community events

    • 27 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Priscilla.rockwood
      "I live near the historic square and it is a wonderful place to live. The community is very friendly with lots of activities always going on. During the past tornado the whole town came together to help each other out. "
    • Twoodland71
      "There are a lot of great people that live in my community and the kids can be kids, have fun as well as make friends. "

    Market trends in Covington

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    63
    7
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.05
    Lot/Land
    $300,000
    01/14/26
    -
    -
    1.71
    Lot/Land
    $50,000
    12/02/25
    -
    -
    2.29
    Lot/Land
    $234,000
    08/25/26
    -
    -
    2.70
    Lot/Land
    $268,500
    09/14/26
    -
    -
    3.00
    Lot/Land
    $225,000
    01/16/26
    -
    -
    2.74
    Lot/Land
    $30,000
    02/06/26
    -
    -
    2.76
    Lot/Land
    $30,000
    02/06/26
    -
    -
    3.00
    Lot/Land
    $77,500
    11/03/25
    -
    -
    3.00
    Lot/Land
    $40,000
    03/09/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.11
    $328,200
    Studio
    2
    2,515
    Off Market
    0.12
    $302,700
    Studio
    4
    1,806
    Off Market
    0.14
    $460,900
    Studio
    4
    2,924
    Off Market
    0.15
    -
    Studio
    1
    1,273
    Off Market
    0.16
    $149,300
    Studio
    -
    1,512
    Off Market
    0.17
    $229,400
    Studio
    3
    1,564
    Off Market
    0.22
    -
    -
    -
    -
    Off Market
    0.26
    $272,500
    4
    2
    2,000
    Off Market
    0.29
    $283,400
    Studio
    2
    2,261
    Off Market
    0.33
    $156,500
    3
    1
    1,237
    Off Market
    0.39
    $300,400
    Studio
    2
    1,777
    Off Market
    0.44
    $290,400
    Studio
    3
    1,996
    Off Market
    0.47
    $266,200
    Studio
    -
    1,254
    Off Market
    0.48
    $26,000
    Studio
    -
    -
    Recently Sold
    0.49
    $448,000
    Studio
    4
    2,650
    Off Market
    0.49
    -
    -
    2
    1,248
    Off Market
    0.50
    -
    -
    1
    2,334
    Off Market
    0.50
    $492,000
    Studio
    -
    2,964
    Off Market
    0.51
    $164,000
    Studio
    2
    1,041
    Off Market
    0.53
    $170,700
    Studio
    2
    1,726
    Off Market

    Price and Tax history

    DateEventPrice
    Sep 14, 2026
    Source: MAAR #10228729
    PriceChange
    $445,000
    Price decreased by 2%
    Aug 24, 2026
    Source: MAAR #10228729
    Pending
    $455,000
    Aug 19, 2026
    Source: MAAR #10228729
    Listed For Sale
    $455,000

    LGBTQ Local Legal Protections

    Dennis L Roe, Property Place, (901) 476-2121
    Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
    Some or all of the listings displayed may not belong to the firm whose website is being visited.

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    Frequently asked questions about Highway 54 E

    • How big is Highway 54 E?
      Highway 54 E in Covington, TN is about 39.8 acres.
    • What is the price per acre for Highway 54 E?
      Highway 54 E in Covington, TN is listed at $445,000, or about $10K per acre.
    • What do residents say about Covington?
      Residents describe Covington, TN as well-kept and easy to park in. Most residents say you need a car. See homes for sale in Covington, TN.
    • What are the closest schools to Highway 54 E?
      The closest schools to Highway 54 E in Covington, TN are Covington High School (rated 5/10), Crestview Elementary School (Pre-K, rated 3/10), Crestview Middle School (rated 4/10).
    Highway 54 E, Covington, TN 38019 is a lot/land. This property is currently available for sale and was listed by MAAR on Aug 19, 2026. The MLS # for this home is MLS# 10228729.