Residential Development
For Sale
$74,900
2995 Highway 231, Erin, TN 37061
5.11 acres with a perc approved for a 4-bedroom septic system, plus utilities available at the road.
Property SizeContact for details
Lot Size5.11 Acres
Days on Market575
Property Features for 2995 Highway 231
General Information
Standard status
Active
Lot size
5.11 Acres
Property subtype
Lots/Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1.00
Listing Agency:
Elite Real Estate Group
(931) 582-6555
Listed By:
Brad Rachford · License #319239
(931) 582-6555
Source:
Exitrealty
Added: Jan 24, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Real Estate Group
Investment Insights
Based on property information with market context.
This 5.11-acre residential land parcel is ready for a future home site and includes an approved perc for a 4-bedroom septic system. Water is located at the road, and the buyer will need to purchase a water tap to connect. Power and fiber internet are also available.
Driveways that connect to State Hwy 231 have already been permitted. Restrictions are set to convey and will be recorded at closing, and a copy is available in the media section. A survey is also available in the media section.
The land includes deeded utility easements, with each lot providing an easement to adjoining lots for underground power. Additional land behind the parcel is identified as being available for future development. Taxes are listed as TBD at closing, and pricing may be discounted if multiple lots are purchased.
Driveways that connect to State Hwy 231 have already been permitted. Restrictions are set to convey and will be recorded at closing, and a copy is available in the media section. A survey is also available in the media section.
The land includes deeded utility easements, with each lot providing an easement to adjoining lots for underground power. Additional land behind the parcel is identified as being available for future development. Taxes are listed as TBD at closing, and pricing may be discounted if multiple lots are purchased.
Key Highlights
- 5.11‑acre lot ready for a 4‑bedroom septic system (perc approved).
- Water is available at the road; buyer will need to purchase a water tap.
- Power and fiber internet are available.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 37061, TN
4,852
Population
2,280
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
89%
High-School Grad
88.8 sq mi
ZIP Area
55
Density / Sq Mi
$54,396
Median Household Income
$32,109
Median Earnings
$642
Median Rent
$170,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5.11 acres with a perc approved for a 4-bedroom septic system, plus utilities available at the road.
Where is this residential land & home lot located?
The property is located at 2995 Highway 231 Erin, TN.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: 5.11‑acre lot ready for a 4‑bedroom septic system (perc approved).; Water is available at the road; buyer will need to purchase a water tap.; Power and fiber internet are available.
