Lebanon Homes under $250,000

Welcome to Lebanon, a charming city nestled in the heart of Tennessee, where Southern hospitality meets modern conveniences. With a rich history that dates back to the early 19th century, Lebanon is known for its picturesque landscapes, vibrant community, and a strong sense of pride among its residents. This hidden gem is conveniently located just 30 miles east of Nashville, making it an ideal spot for those who want to enjoy the tranquility of small-town living while still being close to the excitement of the big city.

Lebanon boasts a variety of recreational activities, including beautiful parks, local dining spots, and a thriving arts scene. The city is home to the stunning Cedars of Lebanon State Park, which offers hiking trails, picnic areas, and camping facilities, perfect for outdoor enthusiasts. The annual Wilson County Fair is a must-visit, showcasing local culture, crafts, and delicious Southern cuisine.

For homebuyers seeking affordability without sacrificing quality, Lebanon offers a wonderful selection of homes priced under $250,000. These charming properties often feature spacious yards, classic architecture, and the warmth of community living. Whether you’re a first-time buyer, a growing family, or looking to downsize, this price range provides great options that fit various lifestyles. With the perfect blend of comfort and affordability, Lebanon is an ideal place to establish roots and create lasting memories. Explore the opportunities that await you in this delightful city, where your dream home is just within reach!

Newest Lebanon Homes under $250,000

$134,900

2 Beds ⋅ 1 Baths ⋅ 26062999 MLS

Property Description Welcome to 867 W Park Manor Blvd in Lebanon, Missouri! This inviting 2-bedroom, 1-bath home offers comfortable living in a convenient location. The practical layout provides a cozy space to call home, while the detached garage offers valuable additional parking and storage. Conveniently located near local shopping, dining, schools, parks, and everyday amenities, this property combines the appeal of a residential setting with easy access to everything Lebanon has to offer. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, 867 W Park Manor Blvd is ready for its next owner to make it their own!

867 W Park Manor Blvd, Lebanon

Courtesy of Eagle Realty Group & Associates 573-336-0003

$184,900

3 Beds ⋅ 2 Baths ⋅ 26062859 MLS

Welcome to this charming 3-bedroom, 1.5-bath home nestled in an established south-side neighborhood with a convenient location close to shopping, dining, schools, and other everyday amenities. Offering timeless appeal and a comfortable layout, this home is move-in ready and ready for its next chapter. Inside, you'll find a spacious living room that provides plenty of room for relaxing, entertaining, and everyday living, along with three bedrooms featuring brand-new carpet, creating a fresh and inviting feel throughout the home. The home offers the added peace of mind of a BRAND NEW HVAC system, as well as a roof that is less than five years old. Additional recent improvements also include a brand-new garage door, adding both function and curb appeal. Outside, the fenced-in backyard provides a great space for outdoor enjoyment, pets, gardening, or simply relaxing at home. Located in a well-established neighborhood on the south side of town, this property offers the convenience of being close to the places you need while maintaining the comfortable feel of an established residential setting. With its combination of classic character, fresh updates, fenced backyard, and prime location, this home is a great opportunity for buyers looking for a property that is ready to enjoy from day one.

155 Jessie St, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$195,000

3 Beds ⋅ 1 Baths ⋅ 26062617 MLS

Welcome to this three bedroom, one bathroom home that sits on almost two acres and is ready and waiting for its new owners! This property has had major recent updates to give you peace of mind and move in ready status! This home features new siding which was replaced is 2025 and a new roof which was installed in 2024. There are two living areas, one of which could make a great home office. The TV and fireplace in the second living area will be staying with the home as well! There is a separate dining area off of the kitchen which showcases quartz countertops and leads into a walk in pantry. The outdoor space of this 1.80 acre property includes a pond and blackberry bushes for the entire family to enjoy. This is one home you don't want to waste time seeing, schedule your private tour today!

26853 Hwy O, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$189,900

4 Beds ⋅ 4 Baths ⋅ 26060336 MLS

INVESTMENT OPPORTUNITY WITH SERIOUS POTENTIAL! Looking for your next flip or a home where you can put in the work and build equity? This property offers an exciting opportunity for investors, renovators, or buyers ready to transform a home into something special. With a spacious floor plan, attached two-car garage, covered front porch, multiple dormers, hardwood flooring in portions of the home, and plenty of character, there is a solid foundation for a beautiful renovation. The home is in need of repairs and updating, giving the next owner the opportunity to choose the finishes, colors, flooring, and improvements that fit their vision. The existing kitchen offers abundant cabinetry, while the generous room sizes provide plenty of flexibility for a modern redesign. Outside, mature trees, a large covered porch, deck area, and established lot add even more potential. Whether you’re an investor searching for a property to renovate and resell, or a buyer willing to trade some sweat equity for the opportunity to create a home of your own, this one deserves a look. Bring your tools, your ideas, and your imagination—the potential is here!

32539 Odessa Dr, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$249,900

4 Beds ⋅ 3 Baths ⋅ 26062191 MLS

Well-maintained home situated on four spacious city lots, offering plenty of room inside and out. The home features durable aluminum siding and a metal roof for easy, long-term maintenance. The main level includes a functional galley-style kitchen, two bedrooms, and comfortable living spaces. Enjoy outdoor living from two composite decks or relax in the inviting 3-season room. The full finished basement adds valuable living space with a gas fireplace, kitchenette, and two nonconforming bedrooms ideal for guests, a home office, hobby space, or additional family living. With its versatile layout, abundant finished space, and convenient in-town setting, this property offers a great combination of comfort, functionality, and outdoor space.

861 Allen St, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$94,900

2 Beds ⋅ 2 Baths ⋅ 26061497 MLS

This two bedroom, one and half bathroom home is priced to sell and ready for its new owner! This home had a new roof and gutters installed in 2025, has a fully fenced back yard, two covered back decks for entertaining, a new furnace less than five years ago, and a detached garage for additional storage. Whether you are an investor ready to add to your rental portfolio, looking for your first flip project, or a first time home buyer looking to add your personal touches to a home-this is for you! Schedule your tour today!

445 Laclede St, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$239,900

2 Beds ⋅ 2 Baths ⋅ 26061344 MLS

ARE YOU LOOKING FOR A PLACE TO RELAX NEAR THE BENNET SPRING PARK AREA? This charming 1992 home. On 3 acres, it can be your full-time home, weekend getaway, or potentially a vacation rental. Enjoy country living at its best! This home offers approximately 1,400 sq. ft. of comfortable living space. The open-concept living, dining, and kitchen area creates a welcoming gathering space. Two bedrooms, 2 baths, a sunroom, and a separate family room provide plenty of flexibility for family and guests. Outdoor lovers will appreciate the convenient location near Bennett Spring Park, with trout fishing, hiking, hunting, and camping just minutes away. Outdoor enthusiasts will appreciate the prime location near Bennett Spring Park, where you can enjoy trout fishing, hiking, hunting, and camping—all just minutes away. A bonus is the 24x30 detached garage, which includes concrete floors, electricity, a workshop area, and a wood stove. It offers ample space for multiple vehicles and possibly an RV. Additionally, the 30x31 workshop/barn features roll-up and pedestrian doors and plenty of room for equipment, hobbies, and recreational activities. Two extra sheds provide even more storage options. Plus, you can take advantage of the garden area, fire pit, deck, and covered carport, all of which can easily be transformed into an outdoor entertaining space. With three acres, a great location, abundant storage, and room to enjoy the country lifestyle, this property is ready for its next chapter!

12831 Hwy 64, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$60,000

2 Beds ⋅ 2 Baths ⋅ 26060559 MLS

Unique investment opportunity with multiple possibilities. 466 Lincoln includes two separate structures on a good-sized city lot in Lebanon. The main home offers a 2-bedroom, 1-bath layout, while the second structure provides additional space that could potentially be renovated for separate living quarters or reworked into a detached garage, shop or storage space. The property does need renovation, but some significant exterior improvements are already in place, including newer metal roofs, vinyl siding and windows. Additional outbuildings provide even more storage and flexibility. With multiple structures and several possible uses, this is a property that gives the next owner options depending on their plans. Whether you're looking for an investment project, additional living space, or room for a shop and storage, there is plenty here to work with. Property is being sold in its current condition. Buyer to verify all measurements, condition, zoning, permitting and intended uses.

466 Lincoln St, Lebanon

Courtesy of HomeSmart Legacy 913-274-1041

$119,900

2 Beds ⋅ 1 Baths ⋅ 26060529 MLS

Move-in ready and completely remodeled, this charming home offers a fresh, clean look with efficiency and low-maintenance living in mind. From the updated exterior and newer finishes to the refreshed interior, this home has been thoughtfully renovated throughout. Inside, you’ll find attractive flooring, neutral colors, updated fixtures, a functional kitchen with plenty of cabinetry, and appliances already in place. The efficient floor plan makes excellent use of the space while keeping the home comfortable and easy to maintain. Outside, the updated siding, roof, covered front porch, and manageable yard add to the appeal. Whether you’re looking for an affordable first home, wanting to downsize, or searching for an investment property, this completely remodeled home is ready for its new owner. Just move in and enjoy!

343 Hilton St, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$199,900

3 Beds ⋅ 2 Baths ⋅ 26060041 MLS

Country living with room for horses, space to roam, and a convenient location! This 1,568 sq. ft. mobile home sits on 3.93 acres just outside Lebanon, located on the way to Lake of the Ozarks. Offering 3 bedrooms with a possible 4th bedroom, the home features an open floor plan, split-bedroom layout, and a spacious kitchen with tons of cabinet storage. The home is all electric and offers public water, a lagoon, and several recent updates, including a new HVAC system in 2023 and a new roof in 2025. The property is ready for your four-legged friends, too! The current owner has kept horses here, and the acreage includes multiple storage sheds along with a 12' x 24' Amish-built building that has been used as a horse barn. Whether you're looking for a place to enjoy country living, room for your animals, or a property with easy access toward the lake, this one is worth a look. Conveniently located just a short drive from Dollar General and Mike's Country Store. Come check out 19926 Jasper Rd and see what this property has to offer!

19926 Jasper Rd, Lebanon

Courtesy of Keller Williams Local 417-883-4900

$74,900

5 Beds ⋅ 2 Baths ⋅ 26059374 MLS

Welcome to a slice of Lebanon history with personality to spare! If you’ve been dreaming of a project with serious heart, incredible bones, and room to spread out right in town, this 2-story classic is ready for its next chapter. Offering 5 bedrooms, 2 full bathrooms, and roughly 1,700 square feet of character-filled living space, this historic gem gives you the rare chance to create something truly special. From the moment you pull up, you’ll fall in love with the timeless curb appeal and architectural charm that you just can't buy in modern builds. Inside, you’ll find a generous layout with room for the whole crew. The main floor has space for bright, cozy gathering areas, while the five bedrooms offer endless flexibility—whether you need a dedicated home office, hobby room, nursery, or extra space for guests. Yes, she needs a top-to-bottom renovation, but for the visionary buyer, contractor, or savvy investor, the potential here is off the charts! Now let’s talk about the yard—because this is where things get really fun! Sitting on almost a full acre right in the heart of Lebanon, you get the convenience of in-town living paired with the open space usually reserved for country properties. Out back, you'll discover a super cool vintage barn that’s ready for your workshop ideas, extra storage, lawn equipment, or ultimate backyard hangout spot. Imagine summer BBQs, a huge garden, or just sitting back and enjoying the mature trees and open green space. Priced under $75,000, opportunities like this don't hang around long. Bring your contractor, your design ideas, and your favorite Pinterest boards—come take a look today and see all the incredible possibilities waiting for you!

428 S Washington Ave, Lebanon

Courtesy of Worth Clark Realty 314-222-0065

$199,000

26058354 MLS

Over 11 beautiful acres of privacy, possibilities, and country charm await! This incredible property is ready for you to bring your dream home to life, with so many of the hard and expensive pieces already in place. Mature trees create a peaceful, private setting, while electric service and well water are already established, offering significant savings and convenience for the next owner. A driveway is already in place, making access to the property easy from day one. Need a possible place to stay while building? The existing 1887 sqft. Quonset is equipped with electric and heat, offering the potential for temporary living quarters while your dream home takes shape. Equestrian enthusiasts will love the approximately 30’ x 40’ horse barn, featuring multiple stalls, a concrete floor, and a spacious 16’ lean-to. Some fencing is already installed, making this property even more ready for your animals and country lifestyle. And then there’s the pond. Surrounded by natural beauty, it adds an incredible element of serenity to this already special property. Fruit trees are also scattered, adding even more charm. With multiple potential building sites, off black top, established utilities, a driveway, barn, Quonset, fencing, pond, mature trees, and over 11 acres to call your own, the possibilities are truly endless. You couldn’t recreate all that this property offers for the asking price. The groundwork is already done. The setting is already here. Now, it’s waiting for YOU to bring your dream home to life. Come walk the property, imagine the possibilities, and fall in love with your next chapter!

13075 Hwy B, Lebanon

Courtesy of Realty Executives of Lebanon 417-588-7000

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Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community