538 Mount Nebo Rd Iron City, TN $ 147,000
538 Mount Nebo Rd
$ 147,000
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538 Mount Nebo Rd

Iron City, TN, 38463
$ 147,000
Baths0.0

Monthly Estimate*

$ 928

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Studio

Lots and Land for sale in Iron City, TN

for $147,000. The lot size is 2.

Opportunity to lease with an option to purchase this property located near the Tennessee/Alabama state line. Property includes approximately 2 acres, a circular driveway, additional utility connection in the backyard, and partially fenced acreage suitable for those wanting extra outdoor space. Lease-Option Terms: Minimum 10% option fee required. Option fee and final purchase terms are subject to a written lease-option agreement. Prospective purchaser must obtain their own independent real estate representation. Property is offered AS-IS, WHERE-IS. Seller will not make repairs. Prospective purchaser is responsible for inspections, due diligence, financing, and determining whether the property meets their intended use. Property needs handyman/repair work and may not currently qualify for traditional financing without repairs. USDA / Rehabilitation Financing The property may potentially qualify for a USDA rehabilitation, repair, or other eligible rural housing financing program, depending upon the property, proposed repairs, borrower eligibility, program requirements, and available funding. No USDA eligibility or financing is guaranteed. Interested parties should contact USDA Rural Development or a USDA-approved/participating lender directly to determine borrower eligibility, property eligibility, required repairs, and available loan or rehabilitation options before entering into an agreement. Potential buyers should not rely upon the Seller or brokerage as a source of lending or USDA eligibility advice. Property Condition Property is being offered in its present condition. Known or observed items may include electrical work, porch repairs, gutter/water-management concerns, signs of prior water intrusion, and other deferred maintenance. Buyer/optionee should perform all desired inspections and independently verify the condition of the property. Seller will not complete lender-required or buyer-requested repairs. Equal Housing Opportunity. All information is b

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Lots and Land Active

Price

$ 147,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 825

Style

Lot Size

2

Town/City

Iron City

County/Region

Lawrence

MLS | Web ID

3164464

Features
General
Sewer Septic Tank
Utilities Water Available
Possession Negotiable
Zoning Residental
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
View City
Topography Cleared Level
County Lawrence County TN
Property Type Land
Subdivision Name Near /TN Alabama line
Status Active
Buyer Financing Conventional Seller Financing Owner Lease Purchase
Directions From Saint Joseph take 227 1.5 miles turn right onto Mt. Nebo Rd. Look for Pointer signs !y
High School Loretto High School
City Iron City
Senior Community Y/N N
Lot Size Units Acres
Elementary School Leoma Elementary
Property Attached Y/N N
Tax Annual Amount 825
Middle/Junior High School Leoma Elementary
Standard Status Active
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Exterior
Lot Features Cleared Level
Water Source Private
Total Parking 0
Inclusions Land and Buildings
Lot Size Area 2
Building Area Total 0
Lot Size Acres 2
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Road Frontage Type City Street
Cultivated Area 2
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 538
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* Excluded Features
List By
Polk Property Real Estate

Broker

Polksellstn@gmail.com

Email

Affordability Calculator

$997
Per Month
93%
7%
0%
Monthly Principal & Interest
$928
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245613 Elementary School
245613 Middle School
Loretto High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$147,000 -0.61% Price Down
6/20/2026$147,900 -2.05% Price Down
6/19/2026$151,000 -0.66% Price Down
5/26/2026$152,000 -1.94% Price Down
4/29/2026$155,000 -0.58% Price Down
4/20/2026$155,899 0.00% Price Down
4/6/2026$155,900 -6.93% Price Down
3/31/2026$167,500 -1.41% Price Down
3/29/2026$169,900 Listed Price

Map


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538 Mount Nebo Rd, Iron City, TN, 38463 is a Lots and Land for sale at $147,000 with a lot size of 2. 538 Mount Nebo Rd is a studio with 0.0 baths. The property's zip code is 38463 which is in Iron City, TN