Flexible opportunity on desirable 538 Mt. Nebo Rd! This property is being offered at $152,000 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 direct line 931-292-0813 Polksellstn@gmail.com
Active
Price cut: $3K (5/24)
$152,000
538 Mount Nebo Rd, Iron City, TN 38463
--beds
--baths
2Acres
Unimproved Land
Built in ----
2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 61 days |
- 471 |
- 13 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Shavonda M. Polk 615-933-5157,
Polk Property Real Estate 931-292-0813
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3164464
Facts & features
Interior
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 2 Acres
- Features: Cleared, Level
- Topography: Cleared,Level
Details
- Parcel number: 156 06202 000
- Zoning: Land
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Count
HOA
- Has HOA: No
Location
- Region: Iron City
Financial & listing details
- Tax assessed value: $164,100
- Annual tax amount: $825
- Date on market: 3/28/2026
- Inclusions: Land And Buildings
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2026 | Price change | $152,000-1.9% |
Source: | ||
| 5/16/2026 | Listed for sale | $155,000 |
Source: | ||
| 5/1/2026 | Listing removed | $155,000 |
Source: | ||
| 4/29/2026 | Price change | $155,000-0.6% |
Source: | ||
| 4/20/2026 | Price change | $155,8990% |
Source: | ||
| 4/6/2026 | Price change | $155,900-6.9% |
Source: | ||
| 3/31/2026 | Price change | $167,500-1.4% |
Source: | ||
| 3/29/2026 | Listed for sale | $169,900-2.7% |
Source: | ||
| 3/23/2026 | Listing removed | $174,600 |
Source: | ||
| 3/21/2026 | Price change | $174,600-0.2% |
Source: | ||
| 3/18/2026 | Price change | $174,900-0.1% |
Source: | ||
| 3/16/2026 | Price change | $174,9990% |
Source: | ||
| 3/12/2026 | Price change | $175,000-2.7% |
Source: | ||
| 3/6/2026 | Price change | $179,8990% |
Source: | ||
| 3/3/2026 | Price change | $179,900-1.2% |
Source: | ||
| 2/26/2026 | Price change | $182,000-0.3% |
Source: | ||
| 2/22/2026 | Price change | $182,500-0.8% |
Source: | ||
| 2/20/2026 | Price change | $184,000-0.5% |
Source: | ||
| 2/15/2026 | Price change | $184,900-0.1% |
Source: | ||
| 2/5/2026 | Price change | $185,000-1.3% |
Source: | ||
| 1/23/2026 | Price change | $187,500-4.1% |
Source: | ||
| 1/17/2026 | Listed for sale | $195,500+2.9% |
Source: | ||
| 1/9/2026 | Listing removed | $189,899 |
Source: | ||
| 1/1/2026 | Price change | $189,8990% |
Source: | ||
| 12/27/2025 | Listed for sale | $189,900+58.3% |
Source: | ||
| 11/26/2025 | Sold | $120,000+37.1% |
Source: Public Record Report a problem | ||
| 2/8/2019 | Sold | $87,500+5.4% |
Source: | ||
| 5/23/2007 | Sold | $83,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $825 | $41,025 |
| 2024 | $825 | $41,025 |
| 2023 | $825 | $41,025 |
| 2022 | $825 +35.3% | $41,025 +99.2% |
| 2021 | $610 | $20,600 |
| 2020 | $610 | $20,600 |
| 2019 | $610 +17.7% | $20,600 +17.7% |
| 2018 | $518 0% | $17,500 |
| 2017 | $518 | $17,500 |
| 2016 | $518 +8.1% | $17,500 |
| 2015 | $479 -0.7% | $17,500 -0.7% |
| 2014 | $483 | $17,625 |
| 2013 | $483 | $17,625 |
| 2011 | $483 | $17,625 |
| 2010 | $483 | $17,625 |
| 2009 | -- | $17,625 +30.6% |
| 2008 | $408 | $13,500 |
| 2007 | $408 | $13,500 |
| 2006 | $408 +9.8% | $13,500 |
| 2005 | $371 | $13,500 |
| 2004 | $371 +5.7% | $13,500 +0.9% |
| 2003 | $351 | $13,375 0% |
| 2001 | -- | $13,380 -75% |
| 2000 | -- | $53,521 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 38463
Nearby schools
GreatSchools rating
- 6/10South Lawrence Elementary SchoolGrades: PK-8Distance: 4.6 mi
- 5/10Loretto High SchoolGrades: 9-12Distance: 5.1 mi
- 5/10Leoma Elementary SchoolGrades: PK-8Distance: 13 mi
Schools provided by the listing agent
- Elementary: Leoma Elementary
- Middle: Leoma Elementary
- High: Loretto High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Lawrence County
- Iron City
- 38463
- 538 Mount Nebo Rd




