538 Mount Nebo Rd, Iron City, TN 38463
- 3 beds |
- 2 baths |
- 2,402 sqft
Single-Family Home
Built in 1979
2acre lot
2 car garage
$77/sqft
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

- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Leoma Elementary School
2612 Highway 43 S, Leoma, TN, 38468
Grades PK-8
12.97 miles away
Leoma Elementary School
2612 Highway 43 S, Leoma, TN, 38468
Grades PK-8
12.97 miles away
Loretto High School
525 2nd Ave S, Loretto, TN, 38469
Grades 9-12
5.06 miles away
