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538 Mount Nebo Rd Iron City, TN $ 150,000
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$ 150,000 Get more info
538 Mount Nebo Rd
$ 150,000
Back to search
Share Save

538 Mount Nebo Rd

Iron City, TN, 38463
$ 150,000
Baths0.0

Monthly Estimate*

$ 947

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Studio

Lots and Land for sale in Iron City, TN

for $150,000. The lot size is 2.

OWNER/AGENT DISCLOSURE: Seller is a licensed Tennessee Principal Broker selling as a principal. Incredible investor opportunity on 2 unrestricted acres near the TN/AL line! This 3BR/1.5BA property is an AS-IS value-add play with massive equity upside. The layout features an attached 2-car garage perfectly positioned for an easy 4th or 5th bedroom conversion to instantly maximize your After Repair Value (ARV). Offered exclusively via a short-term lease with an option to purchase. Requires a minimum 10% non-refundable option fee up front, monthly lease terms between $950-$1,000, and standard tenant-buyer screening. Buyer assumes all inspection burdens (septic, plumbing, HVAC, utilities) at their own expense. Contractor line-item repair estimate is available upon request with proof of funds. Principal-to-principal inquiries only

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Lots and Land Active

Price

$ 150,000

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

$1,016
Per Month
93%
7%
0%
Monthly Principal & Interest
$947
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
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

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538 Mount Nebo Rd, Iron City, TN, 38463 is a Lots and Land for sale at $150,000 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

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