Discover an exceptional 22.51-acre property offering endless possibilities in the scenic Spring City area. This expansive parcel features an impressive 2,121 feet of frontage along Rhea County Highway and an additional 161 feet along Back Valley Road, providing excellent accessibility and flexibility for your future plans. Currently zoned for agricultural use, this blank canvas awaits your vision. Whether you're dreaming of building your forever home or looking for a smart investment opportunity, this property delivers on both fronts. The generous acreage allows for multiple building sites, giving you the freedom to position your dream home exactly where you want it. Location is a key highlight, with the Tennessee River less than 10 miles away, offering recreational opportunities for boating, fishing, and waterfront activities. The natural setting provides a peaceful atmosphere while maintaining convenient access to daily amenities. The property's versatile layout and substantial road frontage make it ideal for various development possibilities. The gently rolling terrain features a mix of open spaces and wooded areas, creating natural privacy and character throughout the parcel. Don't miss this chance to own a piece of Tennessee's beautiful landscape. This property presents an incredible opportunity to create your ideal living space while potentially capitalizing on future development possibilities. Schedule your visit today to explore all the potential this remarkable acreage has to offer.
Property Details
Property Features
Listing Office:
Office Name: Award Realty
Office Phone: (423) 476-3205
Lot Features
Lot Information:
Lot: Corner Lot, Wooded
Lot Size: 22.51 Acres
Other
Directions Information:
Directions: From I-75, head NW on Georgetown Rd/TN-60 for 23.6 miles. Turn right onto US-27 N and continue 10.2 miles. The property begins at the corner of Back Valley Rd and Rhea County Highway.
Price Information
Listing Price Info
Price Summary:
List Price: $399,900
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.
$2,063
Per Month
Principal & Interest
$1,996
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
$1,265
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 school7.32 miles
Public District Grades PK-5
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school7.87 miles
Public District Grades KG-5
5
/10
Rhea Central Elementary School
1005 Delaware Ave
Distance between this listing and this school9.14 miles
Public District Grades PK-5
Nearby Schools
4
/10
Rhea Middle School
405 Pierce Rd
Distance between this listing and this school1.38 miles
Public District Grades 6-8
5
/10
Spring City Middle School
751 Wassom Memorial Hwy # 68
Distance between this listing and this school6.94 miles
Public District Grades 6-8
5
/10
Dayton City School
520 Cherry St
Distance between this listing and this school9.46 miles
Public District Grades PK-8
Nearby Schools
5
/10
Rhea County High School
885 Eagle Ln
Distance between this listing and this school1.43 miles
Public District Grades 9-12
6
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school9.25 miles
Public District Grades 9-12
4
/10
Bledsoe County High School
877 Main St
Distance between this listing and this school16.54 miles
The neighbors living near this home have an average income of $42,988. The most common annual income of people living in Spring City, TN is between $35k-100k. The most common type of family is married, 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 0 Rhea County Hwy
What is the listing price of this property?
The listing price of 0 Rhea County Hwy property is $399,900.
What type of property is this?
The property 0 Rhea County Hwy is land located in Spring City, Tennessee, 37381.
Is this property for sale now?
Active Listing: 0 Rhea County Hwy 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 Rhea County Hwy in Spring City, TN and zip code 37381. This home sits on a 22.51 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $399,900.
Over 1 listings were sold over their listed price in October 2024 in Spring City, TN. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Spring City, TN between September 2024 and October 2024 decreased by 5.7%. Listings spent 46 days on the market in October 2024, and had a median list price of $345,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.