Discover the potential of this vacant residential lot in the serene heart of Tennessee. This property offers a blank canvas for your architectural dreams, whether you envision a cozy homestead or a sleek modern design. Nestled within a friendly community, the location ensures convenience paired with tranquility. Munford High School is merely a stone’s throw away, perfect for families seeking top-notch education facilities. Essential shopping can be done effortlessly with Naifeh's Food Market just a short drive away, ensuring your pantry never runs low. Engage with the vibrant local life in Munford, a community that supports and uplifts its own. Embrace the opportunity to create your home in a place where every sunset is breathtaking, and nature is just a step outside your future doorstep. Perfect for buyers looking to build from the ground up with freedom and flair! VIDEO AVAILABLE UPON REQUEST!!
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC
Virtual/3D Tour
Virtual Tour: 0 Rachel Shankle Dr
Virtual Tour
Lot Features
Lot Information:
Lot: Subdivision
Lot Size: 0.72 Acres
Other
Directions Information:
Directions: Headed West on Drummonds Rd, Take A Left Onto Campground Rd. Take Another Left Onto Appleberry Rd, Then Take A Right Onto David Reed Dr. Take Another Right Onto P W Reed Dr & Its The Parcel On The Right At The Corner Of Rachel Shankle Dr & P W Reed Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $20,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Munford, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$167
Per Month
Principal & Interest
$100
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$126
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Drummonds Elementary School
5068 Drummonds Rd # 178
Distance between this listing and this school2.72 miles
Public District Grades PK-5
7
/10
Munford Elementary School
1200 McLaughlin Dr
Distance between this listing and this school3.76 miles
Public District Grades PK-5
7
/10
Atoka Elementary School
870 Rosemark Rd
Distance between this listing and this school5.66 miles
Public District Grades PK-5
Nearby Schools
7
/10
Munford Middle School
100 Education Ave
Distance between this listing and this school3.91 miles
Public District Grades 6-8
4
/10
Brighton Middle School
7785 Highway 51 S
Distance between this listing and this school7.65 miles
Public District Grades 6-8
4
/10
Barret's Chapel School
10280 Godwin Rd
Distance between this listing and this school10.22 miles
Public District Grades PK-8
Nearby Schools
7
/10
Munford High School
1080 McLaughlin Dr
Distance between this listing and this school3.89 miles
Public District Grades 9-12
5
/10
Millington High School
8050 West St
Distance between this listing and this school6.47 miles
Public District Grades 9-12
5
/10
Brighton High School
8045 Highway 51 S
Distance between this listing and this school7.35 miles
The neighbors living near this home have an average income of $70,784. The majority of Munford, TN residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Rachel Shankle Dr
What is the listing price of this property?
The listing price of 0 Rachel Shankle Dr property is $20,000.
What type of property is this?
The property 0 Rachel Shankle Dr is land located in Munford, Tennessee, 38058.
Is this property for sale now?
Active Listing: 0 Rachel Shankle Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Rachel Shankle Dr in Munford, TN and zip code 38058 in the Reeds Estates neighborhood. This home sits on a 0.72 acre lot. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $20,000.
While more than 0 listings in Munford, TN in December 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 1 were sold below. Between November 2024 and December 2024, Munford, TN real estate market has seen decrease in the number of listings by 4%.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Pro Wrestling
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Jimmy Johns
Hardee's
Applebees
Chevrolet
GMC
Ram
New Country
Classic Country