Farragut Homes under $500,000

Farragut Homes under $500,000

Welcome to Farragut, Tennessee—a charming town nestled in the heart of Knox County, where suburban tranquility meets vibrant community living. Known for its picturesque landscapes and friendly atmosphere, Farragut offers residents a unique blend of small-town charm and modern conveniences. Just a short drive from downtown Knoxville, this delightful community is perfectly positioned for those seeking both serenity and accessibility.

Farragut boasts a variety of amenities, including beautiful parks, top-rated schools, and a plethora of shopping and dining options. Whether you're enjoying a leisurely day at the local parks, indulging in a meal at one of the many delightful restaurants, or participating in community events, there’s always something to do in this welcoming town.

For homebuyers seeking affordability without compromising on quality, Farragut offers an array of homes under $500,000. This price range opens up a world of possibilities for first-time buyers, families, and those looking to downsize. From charming single-family homes to modern townhouses, you’ll find a diverse selection of properties that cater to various lifestyles and preferences.

Imagine settling into a cozy abode surrounded by lush greenery and friendly neighbors, where weekend strolls and community gatherings are part of daily life. With its safe neighborhoods and strong sense of community, Farragut is an ideal place to call home. Explore the wonderful homes available in this enchanting town and discover the perfect blend of comfort, convenience, and charm that Farragut has to offer!

Newest Farragut Homes under $500,000

116 Confederacy Circle, Farragut
$415,000
3 Beds ⋅ 3 Baths ⋅ 1357319 MLS
One owner well maintained condo in the heart of Farragut. Grocery stores, parks, restaurants, Community Center all within walking distance. Turkey Creek Shopping just 5 minutes away. Roof and walk-in shower recently replaced, and bathroom floors replaced in 2 bathrooms. Other upgrades: kitchen cabinet fronts, granite tops, SS appliances, plantation shutters, replaced windows, skylights, Ring doorbell, updated bathrooms and several rooms/cabinets with new paint. Other: walk-in closets, walk-in floored attic for storage, gas start fireplace, ceiling fans, Club house and Pool within walking distance, privately run HOA, large patio, work bench in garage, and more. Condos in this complex rarely come up for sale and price per sq. ft is under $200. Easy show.

116 Confederacy Circle, Farragut
548 Lost Tree Lane, Farragut
$499,000
3 Beds ⋅ 2 Baths ⋅ 1355991 MLS
**Sunday Open House 10/04 From 2:00 PM - 4:00 PM*Chip Davis, Host Luxurious & Spacious 1 1/2 Story Fox Den Condominium Borders The Scenic Fairway Of The Prestigious Fox Den Country Club Golf Course*Many Unique Features Abound Including Dramatic Vaulted Ceiling In Huge Great Room Open To Dining Room*Gorgeous Views & Very Private Setting From Your Extensive Landscaped Patio Of The Golf Course & Acres Of Common Grounds From Great Room Dining Room*Updated Center Island Kitchen Features New Stainless Appliances/Solid Surface Counter Tops/Marble Backsplash*2 Guest Bedrooms/Hallway Bathroom*Palatial Upstairs Master Bedroom Open To 500 SF To Open Sundeck*Owners Will Buy Down Interest Rate For Buyer To 5.50% For 30 Years Fixed Saving Buyer 10's of Thousands Of Dollars!

548 Lost Tree Lane, Farragut
601 Applegate Lane, Farragut
$414,000
3 Beds ⋅ 2 Baths ⋅ 1354219 MLS
This house comes with a REDUCED RATE as low as 6.875% (APR 7.299%) as of 10/01/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information. Welcome to 601 Applegate Lane, a one-level, end-unit condo offering 1,558 sq ft with 3 bedrooms, 2 full bathrooms, and a 2-car garage. The open kitchen, dining, and living areas create an easy flow, complemented by vaulted ceilings and a gas fireplace. The primary suite is located off the main living area and features a private bathroom and walk-in closet, while the two additional bedrooms are positioned toward the front of the home for added separation. Step outside to a covered deck overlooking a generous grassy area behind the condo. Several major items are less than a year old, including the dishwasher, range, microwave, refrigerator, and water heater. The washer and dryer also remain. The HOA has recently reduced its monthly fee to $250 and includes building exterior and grounds maintenance, association insurance, fire protection, pest contract, roof, and trash service. Conveniently located in West Knoxville near Turkey Creek for shopping, restaurants, and groceries, with the Farragut Library and area greenways nearby. This low-maintenance, one-level condo combines a practical floor plan, convenient location, and valuable HOA coverage.

601 Applegate Lane, Farragut
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