
Residential Land for Sale in Iron City, Tennessee
538 Mount Nebo Rd, Iron City, TN 38463
Flexible opportunity on desirable 538 Mt. Nebo Rd! This property is being offered at $155,000 and may also be available for short-term lease consideration at $1,000 per month with a $1,000 security deposit.
Property is being offered AS-IS. Owner/Agent makes no representations or warranties regarding the condition, habitability, insurability, lender compliance, or suitability for immediate occupancy. Home is not represented as fully repaired or move-in ready.
Any temporary occupancy, short-term lease, lease-option, or early possession arrangement shall remain subject to Owner/Agent written approval, completed disclosures, executed agreements, cleared funds, and required inspections.
Prior to any approved occupancy, tenant/occupant shall obtain, at tenant’s expense, written evaluations, inspections, and/or clearance documentation from licensed professionals for systems deemed necessary by Owner/Agent, including but not limited to electrical, HVAC, plumbing, water/sewer or septic, roofing, moisture/water intrusion, and other structural or mechanical concerns.
Owner financing may be considered with a minimum 10% option/down payment, 8% interest, 15-year amortization schedule, and 5-year balloon payment, subject to approval and executed agreement.
Ideal opportunity for buyers, investors, or future homeowners seeking flexibility while preparing for financing or making improvements. Property may be suitable for USDA, VA, FHA, Conventional, or Cash financing after repairs or updates are completed.
Buyer and/or tenant to verify all information deemed important, including schools, square footage, utilities, zoning, financing suitability, and overall property condition. Inspections strongly encouraged. Serious inquiries only.
Property Owner & Owner Managing Real Estate Broker #282528 of Polk Property Real Estate Brokerage #264472 615-933-5175
- Listed by Shavonda Polk, (615) 933-5157, Polk Property Real Estate
Location
- Street address
- 538 Mount Nebo Rd
- County
- Lawrence County
- Community
- Count
- Elevation
- 813 feet
Directions
From Saint Joseph take 227 1.5 miles, turn right onto Mt. Nebo Rd. Look for Pointer signs !y
Property details
- Acreage
- 2 acres
- Access
- Public road
- MLS #
- REALTRACS 3164464
- Posted
Property taxes
- Recent
- $825
Parcels
- 156 06202 000
Details and features
Listing
- Type
- Land
- Current Use
- Residential
- Financing
- Conventional, Owner Lease Purchase, Seller Financing
- Inclusions
- Land and Buildings
- Possession
- Negotiable
Lot
- Size Source
- Assessor
- Terrain
- Cleared, Level
- Cultivated
- 2 acres
- Road Frontage
- City Street
- Road Surface
- Paved
- View
- City
- Features
- Cleared, Level
Structure
- Water
- Private
- Sewer
- Septic Tank
Interior
- Security
- Carbon Monoxide Detector(s), Smoke Detector(s)
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Public | Available |
| Sewage | Septic System | Available |
Nearby schools
| Name | Type |
|---|---|
| Leoma Elementary | Elementary |
| Leoma Elementary | Middle |
| Loretto High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 16, 2026 | Relisted | $155,000 | — | REALTRACS |
| May 1, 2026 | Listing removed | $155,000 | — | Property seller |
| Apr 29, 2026 | Price drop | $155,000 | $899 -0.6% | REALTRACS |
| Apr 20, 2026 | Price drop | $155,899 | $1 0% | REALTRACS |
| Apr 12, 2026 | Price drop | $155,900 | $11,600 -6.9% | REALTRACS |
| Mar 31, 2026 | Price drop | $167,500 | $2,400 -1.4% | REALTRACS |
| Mar 29, 2026 | New listing | $169,900 | — | REALTRACS |

































