Looking for the perfect location to develop your next project? Look no further than this prime development property on 87.72 acres close to I-840 and Murfreesboro Rd. With a 16" water main line already in place and a fiber optic line running in front of a portion of the land, this property is primed for success. The possibilities for development are endless, from residential communities to commercial ventures. Don't miss out on the opportunity to transform this land into a thriving community that benefits both the environment and the local community. (zoned TCA4 and TCA2)
Property Details
Property Features
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Office Phone: (615) 479-2222
Listing Agent: Lorie Layman
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 87.00 Acres
Other
Directions Information:
Directions: From Nashville I-65 North, Take exit 65/TN-96 East toward Murfreesboro. Continue for 10 miles to the property. This has three entrances to the property. 2 on Murfreesboro Rd and one-off Horton Highway. This is three parcels of land.
Price Information
Listing Price Info
Price Summary:
List Price: $12,500,000
Tax Information:
Annual Amount: $1,507
Tax Year: 2020
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 Arrington, TN.
This property is $11.5M more than the Median Sold Price in Arrington, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2559622
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Office Phone: (615) 479-2222
Listing Agent: Lorie Layman
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:18:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,507
$67,875
2019
$1,459
$67,875
2018
$1,459
$67,875
2017
$1,459
$67,875
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$62.4K
Per Month
Principal & Interest
$62.3K
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
$37.5K
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
8
/10
College Grove Elementary School
6668 Arno College Grove Rd
Distance between this listing and this school4.23 miles
Public District Grades KG-5
8
/10
Mill Creek Elementary School
100 York Trl
Distance between this listing and this school6.28 miles
Public District Grades KG-5
9
/10
Trinity Elementary School
4410 Murfreesboro Rd
Distance between this listing and this school6.98 miles
Public District Grades KG-5
Nearby Schools
9
/10
Page Middle School
6262 Arno Rd
Distance between this listing and this school5.06 miles
Public District Grades 6-8
9
/10
Mill Creek Middle School
200 York Trl
Distance between this listing and this school6.23 miles
Public District Grades 6-8
8
/10
Stewarts Creek Middle School
400 Red Hawk Blvd
Distance between this listing and this school7.68 miles
Public District Grades 6-8
Nearby Schools
9
/10
Page High School
6281 Arno Rd
Distance between this listing and this school5.01 miles
Public District Grades 9-12
9
/10
Nolensville High School
1600 Summerlyn Dr
Distance between this listing and this school6.42 miles
Public District Grades 9-12
8
/10
Eagleville School
500 Old Highway 99
Distance between this listing and this school7.71 miles
The neighbors living near this home have an average income of $76,008. Residents of Arrington, TN typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8039 Horton Hwy
What is the listing price of this property?
The listing price of 8039 Horton Hwy property is $12,500,000.
What type of property is this?
The property 8039 Horton Hwy is land located in Arrington, Tennessee, 37014.
Is this property for sale now?
Accepting Backup Offers: 8039 Horton Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,507 (source: MLS/based on county public records data).
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 8039 Horton Hwy in Arrington, TN and zip code 37014. This home sits on a 87.00 acre lot. It has been listed on Rocket Homes since August 14, 2023 and is currently priced at $12,500,000.
In November 2024 more than 3 listings in Arrington, TN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. Between October 2024 and November 2024, Arrington, TN real estate market has seen decrease in the number of listings by 9%. While the average time on the market in November 2024 was 35 days, the median list price was $961,925.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Dollar General
Texas Roadhouse
Cracker Barrel
Applebees
Subaru
Cadillac
Oldsmobile
New Country
News/Talk/Information
Classic Country