Cowan Homes under $400,000

Welcome to Cowan, Tennessee – a hidden gem nestled in the heart of Franklin County! This charming city, surrounded by the stunning landscapes of the Appalachian foothills, offers a delightful blend of small-town warmth and natural beauty. With its rich history and vibrant community spirit, Cowan is the perfect place for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Cowan boasts a variety of outdoor activities, making it an ideal location for nature lovers. The nearby Monteagle Mountain and South Cumberland State Park provide ample opportunities for hiking, camping, and exploring the great outdoors. Plus, with its close proximity to larger cities like Winchester and Tullahoma, residents enjoy the tranquility of rural living while still having access to urban amenities.

For those looking to plant roots in Cowan, the real estate market is exceptionally appealing. Homes under $400,000 are plentiful, offering a range of options to suit diverse lifestyles and budgets. From charming single-family homes with picturesque gardens to modern townhouses with contemporary finishes, there’s something for everyone in this friendly community.

Cowan's affordability combined with its welcoming atmosphere makes it a fantastic choice for first-time homebuyers and those seeking a peaceful retreat. With excellent schools, local shops, and a strong sense of community, Cowan is more than just a place to live; it’s a place to thrive. Come discover your dream home in Cowan, where the beauty of Tennessee awaits you!

Newest Cowan Homes under $400,000

$155,000

2 Beds ⋅ 1 Baths ⋅ 3610139 MLS ⋅ ACTIVE Status ⋅ 0.19 Acres ⋅ 37318 Zip Code

Looking for a move in ready home or excellent investment opportunity? This renovated home offers charm and convenience. Located just minutes for the University of the South in Sewanee. This home offers 2 bedrooms and 1 bath. The detached garage offers storage and parking. Roof is 2 years old and HVAC is brand new gas heat unit! Make your appointment today or it will be sold!

407 E England St, Cowan

$224,998

3 Beds ⋅ 2 Baths ⋅ 3597082 MLS ⋅ ACTIVE Status ⋅ 37318 Zip Code

Welcome to this newly constructed 3-bedroom, 2-bathroom home, where modern design meets everyday comfort. Start your mornings with a cup of coffee on the inviting front porch or wind down in the evening and enjoy the fresh air. Inside, an open-concept floor plan creates a seamless flow between the living and kitchen spaces, making everyday living and entertaining effortless. Sleek LVP flooring runs throughout the home, offering a stylish, modern look with the durability and easy maintenance today's lifestyle demands. Outside, the home pairs vinyl siding with stone accents for a fresh, timeless curb appeal. Conveniently located just moments from shopping, dining, and everyday amenities, this home offers the perfect blend of modern living and accessibility, all in a brand-new construction setting.

125 N Front St, Cowan

$219,999

2 Beds ⋅ 1 Baths ⋅ 3592521 MLS ⋅ ACTIVE Status ⋅ 0.32 Acres ⋅ 37318 Zip Code

Nestled in the foothills of the Cumberland Plateau, this beautiful barndominium-style cabin offers a unique combination of rustic character, modern convenience, and easy living. Located in the historic town of Cowan, you’re just minutes from Sewanee, Tim’s Ford Lake, Twin Creeks Resort, and Nissan. Step inside and you’ll immediately notice the spacious feel created by the vaulted ceiling, natural pine accents, and exposed wood beams. This home offers comfortable one-level living that can work beautifully for a variety of lifestyles. The kitchen features stainless steel appliances and blends seamlessly with the open, inviting living space. Outside, enjoy a large backyard with plenty of room for your four-legged family members, entertaining, gardening, or simply relaxing and enjoying the peaceful days. Whether you’re looking for a full-time residence, a weekend getaway near the lake and mountains, or a low-maintenance home in a charming Tennessee community, this one is worth a look!

126 Walnut St, Cowan

$180,000

2 Beds ⋅ 1 Baths ⋅ 3592432 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 37318 Zip Code

Remodeled home in the heart of Cowan. Maintenance free exterior, metal roof, covered porch, rear deck, and fenced backyard. 2 bedrooms 1 bath. Each room has its own air/heat mini split system. Fully furnished kitchen. Bedrooms are large. Thermo windows. Ready to move in.

104 N Hodges St, Cowan

$238,000

2 Beds ⋅ 1 Baths ⋅ 3541059 MLS ⋅ ACTIVE Status ⋅ 0.41000000000000003 Acres ⋅ 37318 Zip Code

This nearly new, well-maintained home offers comfort, character, and convenience. Vaulted pinewood ceilings enhance the open layout and fill the space with natural light. The home features a spacious bathroom, generous closet space, and a thoughtfully designed kitchen equipped with stainless steel appliances. A 10x16 storage shed provides additional space for storage or hobbies. Enjoy scenic views from the private yard and the charm of small-town living, conveniently located just minutes from Tims Ford Lake. Move-in ready and ideal for those seeking a low-maintenance home close to outdoor recreation.

516 Davis St, Cowan

$349,900

3 Beds ⋅ 3 Baths ⋅ 3536700 MLS ⋅ ACTIVE Status ⋅ 0.78 Acres ⋅ 37318 Zip Code

Welcome to 205 Jackson St Cowan! This beautifully remodeled, one level home offers 3 bedrooms, 2.5 baths, and approximately 2,224 sq ft. Step inside to a spacious living room featuring an impressive vaulted ceiling that creates a bright open feel. What is not to love about new tile floors in kitchen and baths, butcher block counters, new vanities and paint throughout. This home includes a sun room and large bonus room, providing plenty of space for a family room, home office, game room or additional entertaining area. Sitting on approximately .78 acres, this property offers a generous fenced in back yard , 2 bay newly built shop and shed. This move in ready is one you won't want to miss!

205 Jackson St, Cowan

$345,900

5 Beds ⋅ 2 Baths ⋅ 3505808 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 37318 Zip Code

Newly Remodeled 5BR/2BTH home right in the heart of Cowan TN. with a spacious backyard perfect for kids to play or entertaining family and friends..Storagebuilding conveys with the property. Located in a quiet neighborhood close to Restaurants local shops. Home does have a 27x14 unfinished basement. That SQFT is not included .

121 N Popular St, Cowan

$279,000

3 Beds ⋅ 2 Baths ⋅ 3262550 MLS ⋅ ACTIVE Status ⋅ 0.79 Acres ⋅ 37318 Zip Code

Welcome to this beautiful home in the heart of Cowan! Enjoy easy single-level living with an open layout, a 2-car garage, and a fantastic back deck to enjoy the spacious yard. Located on a quiet cul-de-sac just minutes from Downtown Winchester.

358 Bookout Ln, Cowan

$229,000

3 Beds ⋅ 2 Baths ⋅ 3221022 MLS ⋅ ACTIVE Status ⋅ 0.24 Acres ⋅ 37318 Zip Code

Welcome home to this beautifully renovated 3-bedroom, 2 bath home located in the heart of town! From the moment you step inside, you'll love the fresh updates and modern touches throughout. Featuring a nice layout, this move-in ready home offers comfortable living with style and convenience. Outside, enjoy a large yard with plenty of room for entertaining, kids, pets, or gardening, plus a storage building for all your extra tools and equipment. Check this one out before it's gone!!

214 Myers St, Cowan

$170,000

3 Beds ⋅ 3 Baths ⋅ 3205567 MLS ⋅ ACTIVE Status ⋅ 0.34 Acres ⋅ 37318 Zip Code

Older home, Covered Front Porch 40 X 8** Kitchen has been updated with Granite Counter Tops * Main floor features High Ceilings, Nice size Living Room, Formal Dining Rm, Eat-in Kitchen * Master bedroom on main floor * Utility Rm * Extra room downstairs 15 X 12 could be used as a 4th Bedroom, game room, office, Etc... 2nd Floor has 2 Bedrooms and a Full Bath * Crawl Space was encapsulated in 2023 and has a dehumidifier. Some windows have been replaced in 2017 * HVAC 2015 * Circuit Breaker Box installed in 2023, Please see updated Property Disc.#1 & 2 Cash or Conventional, FHA Renovation Loan or VA Renovation Loan

201 N Hodges St, Cowan

$165,900

3 Beds ⋅ 2 Baths ⋅ 3191614 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 37318 Zip Code

**Seller will pay $4,000 in buyers closing expenses** Charming 3 bedroom, 2 bathroom home for sale in Cowan featuring a spacious layout & open living area. Situated on a desirable corner lot, this home offers a large yard and easy access to town, schools, and local amenities. Perfect for first-time homebuyers, downsizers, or investment property seekers looking for affordable living in Middle Tennessee. Enjoy small-town living with room to relax both inside and out! Freshly painted, new carpet, & new metal roof!

201 W England St, Cowan

$199,000

2 Beds ⋅ 1 Baths ⋅ 3186083 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 37318 Zip Code

Charming in-town starter home featuring a 2-car detached garage, new windows, fresh paint, and a metal roof. Efficient layout with comfortable living space and great natural light. Level lot with usable outdoor space. Centrally located near shops and dining.

102 N Hodges St, Cowan

Start Your Search

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.