This 2.52-acre wooded lot provides the perfect combination of privacy and potential, with no restrictions to limit your plans. The property includes a mobile home that is no longer habitable and once had utilities—water and septic—connected to a former house that burned down, though the current status of these connections is unknown. While the land will need some TLC to restore its full potential, it is ideal as a peaceful weekend retreat, a site to build your dream home, or a smart investment opportunity. Surrounded by nature, it gives you the freedom to create the space you desire. Don't miss out on this chance to own your own piece of land!
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 519-5113
Exterior Features
Exterior Information:
View: Rural
Lot Features
Lot Information:
Lot: Level, Rural Area, Wooded
Lot Size: 2.52 Acres
Other
Directions Information:
Directions: From I-75 N, take exit 52 toward Mt Verd Rd. Left onto John J Duncan Pkwy. Left on SR-68. Right onto Old Rhea Springs. Right onto Wolf Creek Rd. Left onto Len Mar. Property is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $45,000
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 Spring City, 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.
$292
Per Month
Principal & Interest
$225
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
$201
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
Spring City Elementary School
270 E Jackson Ave
Distance between this listing and this school3.09 miles
Public District Grades PK-5
6
/10
Meigs North Elementary School
22015 State Highway 58 N
Distance between this listing and this school7.05 miles
Public District Grades PK-5
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school13.18 miles
Public District Grades KG-5
Nearby Schools
5
/10
Spring City Middle School
751 Wassom Memorial Hwy # 68
Distance between this listing and this school3.57 miles
Public District Grades 6-8
4
/10
Rhea Middle School
405 Pierce Rd
Distance between this listing and this school7.76 miles
Public District Grades 6-8
6
/10
Meigs Middle School
586 N Main St
Distance between this listing and this school9.51 miles
Public District Grades 6-8
Nearby Schools
5
/10
Rhea County High School
885 Eagle Ln
Distance between this listing and this school7.82 miles
Public District Grades 9-12
6
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school9.69 miles
Public District Grades 9-12
5
/10
Rockwood High School
512 W Rockwood St
Distance between this listing and this school17.09 miles
The neighbors living near this home have an average income of $49,934. Residents of Spring City, TN typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 264 Len Mar Rd
What is the listing price of this property?
The listing price of 264 Len Mar Rd property is $45,000.
What type of property is this?
The property 264 Len Mar Rd is land located in Spring City, Tennessee, 37381.
Is this property for sale now?
Active Listing: 264 Len Mar Rd 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 264 Len Mar Rd in Spring City, TN and zip code 37381. This home sits on a 2.52 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $45,000.
Spring City, TN housing market in October 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. The inventory of homes for sale in Spring City, TN between September 2024 and October 2024 decreased by 5.7%. In October 2024 median list price was $345,000 and the average listing age was 46 days.
From Rocket Homes Real Estate and based on county public records data.