This is a 905 acre excellent row crop farm in one tract. The soils are excellent with 317 ac alder soil which is the best of the best. This farm has 330 acres that is watered with 2 irrigation pivots. Including the 2 wells and 2 power units. This farm has a new 50 x 72 metal shop. A portion of this farm is in the CRP which is drawing $37,000 per year in income. Call listing agent for details. This farm is ideally located just 16 miles from a Jackson, TN and 26 miles from Fords new Blue Oval Electric Truck Plant. Don't miss out on this opportunity! This farm is a rare find with so many acres in one spot and the proximity to Jackson, Tennessee.
Property Details
Property Features
Listing Office:
Office Name: Hickman Realty Group, Inc.
Lot Features
Lot Information:
Lot: Rural Area, Other
Lot Size: 905.00 Acres
Other
Directions Information:
Directions: US-45 BYP & Oil Well Rd. Head west on US-45 BYP S toward US-45 BYP S. Use the right lane to merge onto I-40 W via the ramp to Memphis. Take exit 66 to merge onto US-70 W toward Brownsville/Ripley. Turn right onto Newbern
Price Information
Listing Price Info
Price Summary:
List Price: $9,000,000
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 Brownsville, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$44.9K
Per Month
Principal & Interest
$44.9K
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
$27K
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
4
/10
East Side Elementary School
1315 E Jefferson St
Distance between this listing and this school6.33 miles
Public District Grades 3-4
5
/10
Bells City School
4547 Highway 88 S
Distance between this listing and this school8.50 miles
Public District Grades PK-5
4
/10
Denmark Elementary School
1945 Denmark Rd
Distance between this listing and this school9.84 miles
Public District Grades PK-5
Nearby Schools
3
/10
Haywood Middle School
1201 Haralson St
Distance between this listing and this school8.20 miles
Public District Grades 7-8
4
/10
Crockett County Middle School
497 N Cavalier Dr
Distance between this listing and this school13.28 miles
Public District Grades 6-8
5
/10
Community Montessori School
716 Westwood Ave
Distance between this listing and this school17.05 miles
Public Magnet Grades KG-8
Nearby Schools
4
/10
Haywood High School
1175 E College St
Distance between this listing and this school6.33 miles
Public District Grades 9-12
5
/10
Crockett County High School
2014 Highway 88
Distance between this listing and this school13.12 miles
Public District Grades 9-12
9
/10
Madison Academic Magnet High School
179 Allen Ave
Distance between this listing and this school17.99 miles
The neighbors living near this home have an average income of $54,281. Residents of Brownsville, TN typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1494 Newbern Rd
What is the listing price of this property?
The listing price of 1494 Newbern Rd property is $9,000,000.
What type of property is this?
The property 1494 Newbern Rd is land located in Brownsville, Tennessee, 38012.
Is this property for sale now?
Active Listing: 1494 Newbern Rd is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on May 27, 2020 for $2,500,000. (source: MLS/tax record).
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 1494 Newbern Rd in Brownsville, TN and zip code 38012. This home sits on a 905.00 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $9,000,000.
Over 1 listings were sold over their listed price in October 2024 in Brownsville, TN. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Brownsville, TN increased by 16.7% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.