$185,000

538 Mount Nebo Rd, Iron City, TN 38463

  • 3 beds |
  • 2 baths |
  • 2,402 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon2acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $77/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Investor Special | Add-Value Opportunity 538 Mount Nebo Road | New Price: $185,00p Recorded survey available. Call Owner/Agent directly for disclosure documents. No known title issues. Traditional sale. Replacement cost quoted over $244,000 by insurance. PRE- INSPECTED HOME - Reports Available Seller is currently enhancing the home with fresh Behr Ultra White paint in the living room, hallway, bedroom, bathroom, and laundry area to create a brighter, more move-in-ready feel. Exterior improvements are also in progress. Property Highlights 3 Bedrooms | 1.5 Bathrooms Approx. 2 Acres – Horse Friendly (up to 1 horse per acre) Central Heat & Air Extra power pole – ideal for RV setup, workshop, or shop Storage building Quiet rural setting USDA / THDA financing possible Affordable Rural Living with Land & Potential This livable and functional 3-bedroom, 1.5-bath home sits on approximately 2 acres and offers privacy, flexibility, and room to grow—perfect for buyers who want land without city restrictions. Whether you’re looking to own instead of rent or build equity over time, this property presents a strong opportunity. Seller Transparency Hot water tank is functional but older; seller will replace with a full-price offer Roof is not new and priced accordingly Home needs cosmetic updates, reflected in the price Ideal For First-time buyers tired of renting USDA / THDA-eligible buyers Buyers with horses or animals Investors seeking a value-add opportunity Priced under $186,000 — a rare find with acreage in this area. Don’t miss this rural opportunity with upside and flexibility.

Listing Status:
Active
Date Added:
November 12, 2025
Data Last Updated:
February 9, 2026 at 1:20PM
Listing Office:
Polk Property Real Estate : 6159335157
Listing Agent:
Shavonda M. Polk : 6159335157
MLS ID:
3038974
  • General: BookcasesBuilt-in FeaturesCeiling Fan(s)Walk-In Closet(s)High Speed Internet
  • Appliances: OvenCooktop
  • Laundry: Washer Hookup
  • Basement: Crawl SpaceOther
  • Flooring: CarpetWoodLaminate
  • A/C: Ceiling Fan(s)Central AirDualElectricGasWall/Window Unit(s)
  • Heating: CentralDualElectricNatural GasPropaneWall Furnace
  • Style: Ranch
  • Parking: Garage Faces RearParking spaces: 2
  • Roofing: Shingle
  • General: Two
  • Originating MLS: realtrac
  • County: Lawrence CountyTN
  • Topography: ClearedLevel
  • Zoning: 156 06202 000
  • View: CityView
  • Fencing: Partial
  • Utilities: Electricity AvailableNatural Gas AvailableWater AvailableCable Connected
  • Water: Private
  • Sewer: Septic Tank
  • Source: realtrac

Presented by Veterans United Realty

This listing courtesy of Shavonda M. Polk , Polk Property Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Leoma Elementary School

2612 Highway 43 S, Leoma, TN, 38468

Grades PK-8

12.97 miles away

L

Leoma Elementary School

2612 Highway 43 S, Leoma, TN, 38468

Grades PK-8

12.97 miles away

L

Loretto High School

525 2nd Ave S, Loretto, TN, 38469

Grades 9-12

5.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.