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Home equity loans in Enville, Tennessee

The typical owner-occupied home in Enville is worth about $137,500, 52% below the Tennessee median of $286,700 and 59% below the national median of $332,700. Owners pay a median $830 a year in property taxes, about 0.60% of their home's value, higher than the Tennessee rate of 0.50%. 64% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.

Enville at a glance

Enville Tennessee U.S.
Median home value $137,500 $286,700 $332,700
Median property tax paid per year $830 $1,442 $3,119
Property tax as a share of value 0.60% 0.50% 0.94%
Median household income – $69,595 $80,734
Homes lived in by their owners 64% 67% 65%
Owner homes with a mortgage 40% 58% 61%
Median monthly costs, owners with a mortgage $693 $1,566 $1,963
Those costs as a share of the owners' income 27.0% 19.6% 21.0%
Median rent $632 $1,189 $1,413
Rent as a share of renters' income 43.2% 29.5% 30.6%
Median year homes were built 1958 1987 1980
Vacant homes 15.5% 10.2% 10.1%
Population 163 7,066,383 334,922,499

How much equity Enville owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Enville home of $137,500, 80% is $110,000.

60% of Enville owners have no mortgage at all, so they could borrow up to the full 80% limit.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $137,500 home (80% to 85% of value)
Owe nothing$110,000 to $116,875
Owe $34,375$75,625 to $82,500
Owe $68,750$41,250 to $48,125
Owe $89,375$20,625 to $27,500

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans in Enville

What is the median home value in Enville?

About $137,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Enville?

Homeowners pay a median $830 a year, which is about 0.60% of the median home value. Your bill depends on your home's assessed value and local rates.

How much can I borrow against my home in Enville?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $137,500, an 80% limit is $110,000 before subtracting your mortgage.

More about Enville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data