2507 Limestone Ct
Sevierville, TN 37876
$399,000
3 bd · 2 ba · 1,550 sqft · Listed 3d ago
View on Realtor.com →Year built
2026
Sqft
1,550
Lot sqft
6,970
HOA / mo
None
Furnished
No
List date
2026-11-09T11:05:12.000000Z
Revenue
Annual revenue
$43,316
ADR
$229
Occupancy
52%
Cleaning fees (12 mo)
$9,193
Confidence
Low (39.8), 15 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $50,719
Modern Smoky Mountain Escape
Cabin · 3 bd · 3 ba · sleeps 8 · 312 ft
Revenue $3,276ADR $546Occ ≈ 2%—
Delisted
Smoky Rooftop Retreat
Cabin · 3 bd · 3 ba · sleeps 8 · 312 ft
Revenue $6,715ADR $425Occ ≈ 4%4★ (1)
Delisted
Sevierville Home: Lookout Deck, 10 Mi to Dollywood
Vacation home · 3 bd · 2 ba · sleeps 7 · 0.6 mi
Revenue $52,008ADR $177Occ ≈ 81%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Summit Brownstone Retreat Cabin
| 3 bd · 3 ba · sleeps 8 | $15,630 | $374 | 11% | 4.8★ (6) | 295 ft | AirbnbVrbo |
Modern Smoky Mountain Escape Cabin | 3 bd · 3 ba · sleeps 8 | $3,276 | $546 | 2% | — | 312 ft | Delisted |
Smoky Rooftop Retreat Cabin | 3 bd · 3 ba · sleeps 8 | $6,715 | $425 | 4% | 4★ (1) | 312 ft | Delisted |
HotTub|Firepit|Smoky Mtns|Sevierville|Pigeon Forge House
| 3 bd · 2 ba · sleeps 10 | $53,802 | $275 | 54% | 5★ (122) | 0.2 mi | AirbnbVrbo |
Cabin/Prime location/HotTub/Pet-friendly/Game room Cabin
| 3 bd · 2.5 ba · sleeps 8 | $55,860 | $203 | 75% | 4.9★ (217) | 0.5 mi | AirbnbVrbo |
Sevierville Home: Lookout Deck, 10 Mi to Dollywood Vacation home | 3 bd · 2 ba · sleeps 7 | $52,008 | $177 | 81% | — | 0.6 mi | Booking |
Sevierville Home: Lookout Deck, 10 Mi to Dollywood House
| 3 bd · 2 ba · sleeps 7 | $50,719 | $178 | 78% | 4.8★ (38) | 0.6 mi | AirbnbVrbo |
New! Indoor Pool, Game Room, Families Welcome! Cabin
| 3 bd · 3 ba · sleeps 10 | $42,360 | $365 | 32% | 5★ (13) | 0.6 mi | AirbnbVrbo |
Private Pet Friendly Home Pigeon Forge, Gatlinburg House
| 3 bd · 2 ba · sleeps 6 | $50,559 | $158 | 88% | 5★ (134) | 0.7 mi | AirbnbVrboBooking |
New 3BR Retreat with Indoor Pool & Game Room Cabin | 3 bd · 3 ba · sleeps 10 | $91,032 | $362 | 69% | 4.2★ (9) | 0.7 mi | AirbnbBooking |
Show 3 more
Cabin T T for Tennessee, Time to Relax
Chalet · 3 bd · 2 ba · sleeps 9 · 0.7 mi
Revenue $57,724ADR $278Occ ≈ 57%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Cabin w/ Pool, Hot Tub, Games & More! Cabin
| 3 bd · 3 ba · sleeps 10 | $84,214 | $343 | 67% | 4.7★ (69) | 0.7 mi | AirbnbVrboBooking |
85° Indoor Pool, Game Room & Oversized Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $12,094 | $0 | — | 5★ (153) | 0.7 mi | AirbnbBooking |
Cabin T T for Tennessee, Time to Relax Chalet | 3 bd · 2 ba · sleeps 9 | $57,724 | $278 | 57% | 5★ (1) | 0.7 mi | Booking |
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
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$43,316
NOI
$24,564
Cash flow /mo
-$134
Cash needed
$135,210
Cash-on-cash
-1.2%
ROE (yr 1)
9.5%
Cap rate
6.2%
DSCR
0.94
Year-1 write-off
$102,617
Year-1 tax shield @ 32%
$32,837
Year-1 return on equity
- Cash flow (annual)-$1,611
- Principal paydown$2,535
- Appreciation at%$11,970
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)$8,663
- Platform fees (3% of revenue)$1,299
- Maintenance / capex (5% of revenue)$2,166
- Utilities & supplies$4,200
- HOA$0
- Property tax$30
- Insurance (STR-rated)$2,394
Cash needed to close
- Down payment (25%)$99,750
- Closing costs (4.0%)$15,960
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$32,837
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
$339,000
Short-life (5/15-yr)
$83,000 · 24%
Year-1 deduction
$103,000
Year-1 tax shield @ 32%
$33,000
Land 15% (market default, no usable tax-record split) · building $256,000 over 39 years · new furniture $20,000
Based on: 1,550 sq ft, built 2026, 3 bd / 2 ba, unfurnished, listing features (deck, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $62,000 in year 1 (12% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,800
Kitchen cabinetsdefault
$9,200 new × 100% good × 1.06 allocation
- $8,000
Kitchen countertopsdefault
$7,500 new × 100% good × 1.06 allocation
- $2,900
Decorative trimdefault
$2,700 new × 100% good × 1.06 allocation
- $300
Mirrorsdefault
$300 new × 100% good × 1.06 allocation
- $1,300
Shelvingdefault
$1,200 new × 100% good × 1.06 allocation
- $4,200
Window coverings (16)default
$4,000 new × 100% good × 1.06 allocation
- $7,600
Kitchen & laundry equipment plumbingdefault
$7,200 new × 100% good × 1.06 allocation
- $4,600
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 100% good × 1.06 allocation
- $7,100
Appliances (range, microwave, dishwasher, refrigerator, dryer)listing
$6,700 new × 100% good × 1.06 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $8,700
Paving: driveway & walks (paved)default
$8,200 new × 100% good × 1.06 allocation
- $8,300
Landscaping (typical)default
$7,900 new × 100% good × 1.06 allocation
- $1,600
Patiosdefault
$1,500 new × 100% good × 1.06 allocation
- $18,500
Decks & porches (attached)listing
$17,400 new × 100% good × 1.06 allocation
- $178,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$167,900 new × 100% good × 1.06 allocation
- $18,500
Building plumbing & fixturesdefault
$17,400 new × 100% good × 1.06 allocation
- $17,900
Building electrical & lightingdefault
$16,900 new × 100% good × 1.06 allocation
- $18,500
HVACdefault
$17,500 new × 100% good × 1.06 allocation
- $10,600
Hardwood & tile floorsdefault
$10,000 new × 100% good × 1.06 allocation
- $12,700
Septic systemlisting
$12,000 new × 100% good × 1.06 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,200 | $37,100 | $300 | $102,600 |
| 2 | $0 | $0 | $6,600 | $6,600 |
| 3 | $0 | $0 | $6,600 | $6,600 |
| 4 | $0 | $0 | $6,600 | $6,600 |
| 5 | $0 | $0 | $6,600 | $6,600 |
| 6+ | $0 | $0 | $229,700 | $229,700 |
| Total | $65,200 | $37,100 | $256,300 | $358,700 |
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.