1610 Walker Trl

Sevierville, TN 37876

$824,999

4 bd · 2 ba · 2,013 sqft · Listed 1d ago

View on Realtor.com →

Est. land %

Year built

1990

Sqft

2,013

Lot sqft

87,120

HOA / mo

Furnished

List date

2026-10-23T20:20:41.000000Z

Revenue

Annual revenue

$63,743

ADR

$333

Occupancy

52%

Cleaning fees (12 mo)

$11,911

Confidence

Low (44.93), 24 comps

Comp revenue range (p25 / median / p75)

$42,288$55,185$78,893

Median revenue of shown comps: $54,434

*Updated*Near Attractions~Dollywood-7 min*Slps 12
Cabin · 4 bd · 2 ba · sleeps 12 · 371 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $53,263ADR $348Occ ≈ 42%4.8★ (12)
Airbnb Vrbo
Cozy Cabin Retreat /HotTub, WiFi, FirePit/12 Guest
Cabin · 4 bd · 2 ba · sleeps 12 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $46,552ADR $322Occ ≈ 40%4.8★ (137)
Airbnb Vrbo Booking
Smokey Max Chalet4 beds 2,5 bath sleep 10 people #
Chalet · 4 bd · 2.5 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $41,749ADR $363Occ ≈ 32%4.5★ (114)
Airbnb Vrbo Booking
10 min to Everything! Firepit, Hot Tub and Private
Cabin · 4 bd · 3 ba · sleeps 9 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $37,590ADR $399Occ ≈ 26%4.9★ (190)
Airbnb Vrbo
A Whole New World: Views*Pets*HotTub*Wifi*Theater
Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $59,329ADR $453Occ ≈ 36%3.5★ (10)
Airbnb Vrbo
Stunning VIEWS! Outdoor Fireplace/Hot Tub/Theater
Cabin · 4 bd · 2 ba · sleeps 9 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $138,709ADR $398Occ ≈ 95%5★ (321)
Airbnb Vrbo
Heated Pool~Theater~PuttPutt~Sauna~Arcade~Private
Cabin · 4 bd · 2 ba · sleeps 12 · 0.3 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $140,520ADR $502Occ ≈ 77%4.9★ (133)
Airbnb Vrbo
Beautiful Smoky Mountain Views! | Hot Tub | Games
Cabin · 4 bd · 3 ba · sleeps 12 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $83,404ADR $326Occ ≈ 70%4.8★ (165)
Airbnb Vrbo
Glorious Views:Views*Hot Tub* Wifi*Great Location
Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $129,140ADR $584Occ ≈ 61%4.5★ (27)
Airbnb Vrbo
Endless View Retreat in Smoky Mountains
House · 4 bd · 2.5 ba · sleeps 12 · 0.5 mi
Revenue $12,360ADR $450Occ ≈ 8%5★ (73)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
UpdatedNear Attractions~Dollywood-7 min*Slps 12 Cabin Hot tub A/C Free parking Pets OK +4	4 bd · 2 ba · sleeps 12	$53,263	$348	42%	4.8★ (12)	371 ft	Airbnb Vrbo
Cozy Cabin Retreat /HotTub, WiFi, FirePit/12 Guest Cabin Hot tub A/C Free parking Wifi +4	4 bd · 2 ba · sleeps 12	$46,552	$322	40%	4.8★ (137)	0.1 mi	Airbnb Vrbo Booking
Smokey Max Chalet4 beds 2,5 bath sleep 10 people # Chalet Hot tub A/C Free parking Wifi +5	4 bd · 2.5 ba · sleeps 10	$41,749	$363	32%	4.5★ (114)	0.3 mi	Airbnb Vrbo Booking
10 min to Everything! Firepit, Hot Tub and Private Cabin Hot tub A/C Free parking Wifi +4	4 bd · 3 ba · sleeps 9	$37,590	$399	26%	4.9★ (190)	0.3 mi	Airbnb Vrbo
A Whole New World: ViewsPetsHotTubWifiTheater Cabin Hot tub A/C Free parking Pets OK +5	4 bd · 3 ba · sleeps 12	$59,329	$453	36%	3.5★ (10)	0.3 mi	Airbnb Vrbo
Stunning VIEWS! Outdoor Fireplace/Hot Tub/Theater Cabin Hot tub A/C Free parking Wifi +5	4 bd · 2 ba · sleeps 9	$138,709	$398	95%	5★ (321)	0.3 mi	Airbnb Vrbo
Heated Pool~Theater~PuttPutt~Sauna~Arcade~Private Cabin Hot tub Pool A/C Free parking +5	4 bd · 2 ba · sleeps 12	$140,520	$502	77%	4.9★ (133)	0.3 mi	Airbnb Vrbo
Beautiful Smoky Mountain Views! \| Hot Tub \| Games Cabin Hot tub A/C Free parking Wifi +3	4 bd · 3 ba · sleeps 12	$83,404	$326	70%	4.8★ (165)	0.4 mi	Airbnb Vrbo
Glorious Views:ViewsHot Tub Wifi*Great Location Cabin Hot tub A/C Free parking Pets OK +5	4 bd · 3 ba · sleeps 12	$129,140	$584	61%	4.5★ (27)	0.5 mi	Airbnb Vrbo
Endless View Retreat in Smoky Mountains House	4 bd · 2.5 ba · sleeps 12	$12,360	$450	8%	5★ (73)	0.5 mi	Airbnb

Show 7 more

Grand Mtn Retreat: Views, Hot Tub & Theater
Cabin · 4 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $84,923ADR $366Occ ≈ 64%4.8★ (224)
Airbnb Vrbo
Mountain Views Retreat|Hot Tub • Views • Game Room
House · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $57,926ADR $346Occ ≈ 46%5★ (14)
Airbnb Vrbo
Mountain Views (Cabin)
Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $52,357ADR $358Occ ≈ 40%4.4★ (29)
Airbnb Vrbo
Serenity View! 1.7 Miles From Dollywood! Sleeps 12
House · 4 bd · 2 ba · sleeps 12 · 0.6 mi
Revenue $14,777ADR $283Occ ≈ 14%4.8★ (14)
Delisted
Family Times Cabin, wheelchair ramp, sleeps 10,4br
Cabin · 4 bd · 2 ba · sleeps 10 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $37,605ADR $295Occ ≈ 35%4.5★ (16)
Airbnb Vrbo Booking
Family Escape | VIEWS, Pet Friendly, Game Room
Cabin · 4 bd · 3 ba · sleeps 9 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $73,927ADR $361Occ ≈ 56%5★ (24)
Airbnb Vrbo
Mountain Views: Views*Resort Pool*Hot Tub*Wifi
Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $54,434ADR $376Occ ≈ 40%4★ (1)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Grand Mtn Retreat: Views, Hot Tub & Theater Cabin Hot tub A/C Free parking Wifi +5	4 bd · 3 ba · sleeps 10	$84,923	$366	64%	4.8★ (224)	0.5 mi	Airbnb Vrbo
Mountain Views Retreat\|Hot Tub • Views • Game Room House Hot tub A/C Free parking Wifi +3	4 bd · 2.5 ba · sleeps 10	$57,926	$346	46%	5★ (14)	0.6 mi	Airbnb Vrbo
Mountain Views (Cabin) Cabin Hot tub Pool A/C Free parking +5	4 bd · 3 ba · sleeps 10	$52,357	$358	40%	4.4★ (29)	0.6 mi	Airbnb Vrbo
Serenity View! 1.7 Miles From Dollywood! Sleeps 12 House	4 bd · 2 ba · sleeps 12	$14,777	$283	14%	4.8★ (14)	0.6 mi	Delisted
Family Times Cabin, wheelchair ramp, sleeps 10,4br Cabin A/C Free parking Wifi Kitchen +1	4 bd · 2 ba · sleeps 10	$37,605	$295	35%	4.5★ (16)	0.6 mi	Airbnb Vrbo Booking
Family Escape \| VIEWS, Pet Friendly, Game Room Cabin Hot tub A/C Free parking Pets OK +6	4 bd · 3 ba · sleeps 9	$73,927	$361	56%	5★ (24)	0.7 mi	Airbnb Vrbo
Mountain Views: ViewsResort PoolHot Tub*Wifi Cabin Hot tub A/C Free parking Wifi +4	4 bd · 3 ba · sleeps 10	$54,434	$376	40%	4★ (1)	0.7 mi	Airbnb

Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.

Cash flow calculator

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$63,743

NOI

$35,886

Cash flow /mo

$2,990

Cash needed

$880,999

Cash-on-cash (all cash)

4.1%

ROE (yr 1)

6.9%

Cap rate

4.3%

DSCR

—

Year-1 write-off

$214,203

Year-1 tax shield @ 32%

$68,545

Year-1 return on equity

Cash flow (annual)$35,886
Principal paydown (n/a, cash)$0
Appreciation at%$24,750

ROE6.9%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

Management (20% of revenue)$12,749
Platform fees (3% of revenue)$1,912
Maintenance / capex (5% of revenue)$3,187
Utilities & supplies$4,200
HOA$0
Property tax$859
Insurance (STR-rated)$4,950

Cash needed to close

Purchase price (all cash)$824,999
Closing costs (4.0%)$33,000
Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

Tax shield @ 32%$68,545

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; other assumptions match the daily feed (see tasks/plan.md).

The write-off comes from the cost segregation estimate below. Not tax advice.

Cost segregation estimate

An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.

Depreciable basis

$701,000

Short-life (5/15-yr)

$191,000 · 27%

Year-1 deduction

$214,000

Year-1 tax shield @ 32%

$69,000

Land 15% (market default, no usable tax-record split) · building $511,000 over 39 years · new furniture $23,000

Based on: 2,013 sq ft, built 1990, 4 bd / 2 ba, unfurnished, listing features (deck, patio, fireplace, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $129,000 in year 1 (15% short-life, $41,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$112,200

Kitchen cabinetsdefault
$10,200 new × 40% good × 4.06 allocation
$16,600
Kitchen countertopsdefault
$8,400 new × 40% good × 4.06 allocation
$13,600
Decorative trimdefault
$3,500 new × 40% good × 4.06 allocation
$5,700
Mirrorsdefault
$300 new × 40% good × 4.06 allocation
$500
Shelvingdefault
$1,500 new × 40% good × 4.06 allocation
$2,400
Window coverings (20)default
$5,000 new × 40% good × 4.06 allocation
$8,100
Carpet, vinyl & laminate (40% of floors)default
$5,200 new × 40% good × 4.06 allocation
$8,400
Kitchen & laundry equipment plumbingdefault
$7,900 new × 40% good × 4.06 allocation
$12,900
Kitchen, laundry & data equipment electricaldefault
$4,800 new × 40% good × 4.06 allocation
$7,800
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 4.06 allocation
$13,200
Furniture bought newlisting
$23,000 new × 100% good · bought separately
$23,000

15-year land improvements$101,400

Paving: driveway & walks (paved)default
$9,300 new × 50% good × 4.06 allocation
$18,900
Landscaping (typical)default
$8,900 new × 50% good × 4.06 allocation
$18,200
Patioslisting
$9,100 new × 50% good × 4.06 allocation
$18,400
Decks & porches (attached)listing
$22,600 new × 50% good × 4.06 allocation
$46,000

Building, 39-year$510,600

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$218,200 new × 40% good × 4.06 allocation
$354,400
Building plumbing & fixturesdefault
$22,700 new × 40% good × 4.06 allocation
$36,800
Building electrical & lightingdefault
$22,800 new × 40% good × 4.06 allocation
$37,000
HVACdefault
$22,700 new × 40% good × 4.06 allocation
$36,800
Hardwood & tile floorsdefault
$7,800 new × 40% good × 4.06 allocation
$12,600
Fireplaces (2)listing
$5,300 new × 40% good × 4.06 allocation
$8,600
Septic systemlisting
$12,000 new × 50% good × 4.06 allocation
$24,400

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$112,200	$101,400	$500	$214,200
2	$0	$0	$13,100	$13,100
3	$0	$0	$13,100	$13,100
4	$0	$0	$13,100	$13,100
5	$0	$0	$13,100	$13,100
6+	$0	$0	$457,700	$457,700
Total	$112,200	$101,400	$510,600	$724,200

The building's share of the price ($701,000) is 4.1x our depreciated replacement cost of the home ($173,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.