Residential Land with Home for Sale in Iron City, Tennessee
538 Mount Nebo Rd, Iron City, TN 38463
Important Disclaimer: This Home is NOT an Auction property. Recorded survey available. Call OWNER AGENT DIRECTLY for disclosure documents.
No title issues , This is a traditional sale. .
Replacement cost quoted over $244,000 by insurance. 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, move-in ready feel.
Exterior improvements are also in progress
RURAL OPPORTUNITY -
Home for Sale New Price
538 Mount Nebo Road | $195,900
Property Highlights
3 Bedrooms | 1.5 Baths
Approx. 2 Acres - Horse Friendly
(Up to 1 horse per acre) Extra Power Pole for RV set up or Workshop shop,Storage Building ect. Central Heat & Air
USDA / THDA Financing Possible
Quiet Rural Setting - Own Instead of Rent Affordable country living with land, privacy, and potential. This 3-bedroom, 1.5-bath home sits on approximately 2 acres and allows horses, making it ideal for buyers seeking space without city restrictions.
The home is livable and functional with central heat and air. While it does need personal updates, it presents an excellent opportunity for a buyer to build equity over time.
Seller Transparency
Hot water tank is functional but older -- seller will replace with 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 looking for value-add potential
Priced under $196,000-- a rare find for acreage in this area.
- Listed by Shavonda Polk, (615) 933-5157, Polk Property Real Estate
Location
- Street address
- 538 Mount Nebo Rd
- County
- Lawrence County
- Community
- Country
- Elevation
- 813 feet
Directions
From Saint Joseph take 227 1.5 miles, turn right onto Mt. Nebo Rd. Look for Pointer signs !
Property details
- Acreage
- 2 acres
- MLS #
- REALTRACS 3038974
- Posted
Property taxes
- Recent
- $825
Parcels
- 156 06202 000
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Financing
- Conventional, FHA, USDA, VA
- Possession
- Close of Escrow
Lot
- Terrain
- Cleared, Level
- View
- City
- Features
- Cleared, Level
Exterior
- Parking Spaces
- 2
- Parking
- Garage Faces Rear
- Fencing
- Partial
Structure
- Style
- Ranch
- Stories
- 1
- Basement
- Crawl Space
- Water
- Private
- Sewer
- Septic Tank
- Heating
- Central, Dual, Electric, Natural Gas, Propane, Wall Furnace
- Cooling
- Ceiling Fan(s), Central Air, Gas, Wall/Window Unit(s)
- Materials
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Concrete Perimeter
Interior
- Above Grade
- 1,552 sq ft
- Below Grade
- 850 sq ft
- Rooms
- Bedroom x 3, Dining Room, Kitchen, Living Room, Master Bathroom
- Flooring
- Carpet, Laminate, Wood
- Appliances
- Cooktop, Oven
- Laundry
- Washer Hookup
- Security
- Carbon Monoxide Detector(s), Smoke Detector(s)
- Equipment
- Satellite Dish
- Features
- Bookcases, Built-In Features, Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Gas | Natural Gas | Available | — |
| Water | Public | Available | — |
| Sewage | Septic System | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Leoma Elementary | Elementary | — | — |
| Leoma Elementary | Middle | — | — |
| Loretto High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 17, 2026 | Relisted | $195,500 | — | REALTRACS |
| Jan 9, 2026 | Listing removed | $189,899 | — | Property seller |
| Jan 1, 2026 | Price drop | $189,899 | $1 0% | REALTRACS |
| Dec 27, 2025 | Price drop | $189,900 | $2,600 -1.4% | REALTRACS |
| Dec 22, 2025 | Price drop | $192,500 | $2,500 -1.3% | REALTRACS |
| Dec 15, 2025 | Price drop | $195,000 | $4,000 -2% | REALTRACS |
| Dec 12, 2025 | Price drop | $199,000 | $900 -0.5% | REALTRACS |
| Dec 3, 2025 | Relisted | $199,900 | — | REALTRACS |
| Dec 1, 2025 | Listing removed | $205,500 | — | Property seller |
| Nov 28, 2025 | Price drop | $205,500 | $400 -0.2% | REALTRACS |
| Nov 27, 2025 | Price drop | $205,900 | $2,100 -1% | REALTRACS |
| Nov 22, 2025 | Price drop | $208,000 | $5,000 -2.3% | REALTRACS |
| Nov 20, 2025 | Price drop | $213,000 | $2,000 -0.9% | REALTRACS |
| Nov 13, 2025 | Price drop | $215,000 | $15,000 -6.5% | REALTRACS |
| Nov 12, 2025 | Back on market | $230,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Jan 19, 2026 4:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more