Cash Price: $169,000
Owner Financing Available. $59,000 down, then $2,337.17/ Month for 60 Months
(plus $26 / month service fee)
BBB A+ Rating Business: we are a Better Business Bureau Greater Houston Accredited A+ rating business! We ensure our customers have a seamless buying experience built on mutual trust. Call or email us today, ask any questions about our listings or purchase processes, we will help you find the right land!
Property Overview:
19 minutes to Henderson, TN
24 minutes to Lexington, TN
1 Hour 53 minutes to Memphis, TN
2 Hours 6 minutes to Nashville, TN
Total Privacy on Un-Restricted and Fully Timbered 19.14 Acres full of poplar hardwoods. This property has been surveyed and soil mapped as of 2022 and uniquely features good soil, good drainage, great timber value and a flat buildable landscape. The combination of lot shape and road frontage allows plenty of flexibi...
Total Privacy on Un-Restricted and Fully Timbered 19.14 Acres full of poplar hardwoods. This property has been surveyed and soil mapped as of 2022 and uniquely features good soil, good drainage, great timber value and a flat buildable landscape. The combination of lot shape and road frontage allows plenty of flexibility on how you would like to customize your Homesite. This property features 4 acres of flat landscape, only 1%-5% slopes, a very difficult feature to find in Tennessee. Also, 15 plus acres of rolling hills timberland. Easy road access along Old Lula Road. Manageable driving distance to Nashville, Memphis, Lexington and Henderson. No HOA and cheap property taxes are only $263/year.
The overall property features 450+ of road frontage and combines 2 adjoining properties together that are 15.17 Acres to the West and 3.97 Acres to the East. The eastern parcel is less wooded than the west and has the flattest and best soil between the 2 lots. The western parcel features the hardwoods and runs almost 1,500 deep. This is a reliable hunting ground for some of the best white-tail deer and turkey hunting in middle Tennessee.
Power lines run along Old Lula Road for Electricity. Water Well Depths across the street and by surrounding neighbors average between 60-120 in depth. Referrals for Well Drillers and Septic Installers are provided below.
Property subject to any County-Level permitting regulations for new structures. Link provided below to Chester County permits page. Please note RVs and Campers are allowed but not for full-time residency.
Large Timber Value:
This property features large straight and mature poplar trees that hold marketable timber value. A unique opportunity exists to harvest some of the timber and build a custom cabin with total privacy inside the woods. A dream hideaway on this land could feature a winding driveway into the land from the county road, clear a homesite inside the poplar trees, and leave 50-100 of forest on all sides for total privacy.
Survey:
We have both full-size and electronic PDF copies of the full survey on the property and the metes and bounds to ensure accurate boundaries. New Corner Stakes and Iron Pins have been set and flagged as of 2022. Electronic Copies of the Survey are available upon request in PDF.
High-Intensity Soil Map Completed and Ready for Septic Installation: This land has a record of a passed perc test and has recently been soil mapped. This means this property is ready to start the permitting process to get septic installed and the building process started! The process to obtain a soil map can take months! However, the soil map is ready for you now! This map is a vital process for the septic application and will significantly speed up your timeline of enjoying your new property!
Utility Information:
Electric: Electric poles run along the frontage of the property. Call Southwest Tennessee Electric at 731-989-2236. Meter installation Fees include an initial $400 deposit, $35 connection fee and a $5 membership fee. This does not include additional costs for line extensions, setting new poles or upgrading a transformer. Fees & amounts subject to change.
Well Drillers:
Wilson Well Co Inc
Phone #: 800-426-3843, 731-254-8150
Address: 8050 Whiteville-Newcastle Rd, Whiteville, TN 38075
Aubrey L Phillips Well Services
Phone: 731-254-9848
Address: 1905 US-64, Whiteville, TN 38075
Fax: 731-254-2408
C & J Well Drilling. Pricing structure approximatley $6,575 for the first 100 and then an additional $20 per foot for anything between 100-200; Well covers $375 (Subject to Change).
Phone #: 731-614-9809
Address: 4319, 3295 TN-22, Yuma, TN 38390
Water Well Solutions
Phone # 731-779-1275
Address: 1318 S Dupree Ave, Brownsville, TN 38012
Sewer:
Rogers Septic Service
Phone # 731-925-3275
Distance to Local towns, attractions, and food, gas, shopping:
15 min to Henderson, TN
17 min to Chester County High School
18 min to Exxon Gas Station
18 min to Freed Hardeman University
25 min to Lexington, TN
28 min to Wallmart Supercenter
2 Hours to Memphis, TN
2 Hours to Nashville, TN
Buyer is responsible for performing their own due diligence in researching the property for sale. All buyers should verify all information, contained herein or not, including access and utility accessibility and costs, and perform physical visits to the lot in order to satisfy themselves as to its accuracy. Seller is not responsible for any misinformation in this ad. All information is deemed reliable but not guaranteed. Property is sold AS IS.
Property details:
Property Name: TN_Chester_Bailey32462
State: Tennessee
Size: 19.14 Acres
County: Chester County
Address: Old Lula Rd, Reagan, TN 38368
GPS: 35.47925, -88.44207
Property ID: 022 02606 00011022
Conveyance: Warranty Deed (Clean Title)
Annual Taxes: $263.04 / Year (approximate)
Annual HOA / PO: None
Legal Description: 19.14 acres as surveyed by Advanced Land Surveying, Inc. R.L.S. #1999 on April 13, 2022
Elegment Dream Acres is a land investment company. If you are interested to become our business lending partner, contact us for more information.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationSearch GPS 35.47925, -88.44207 in Google Maps for Directions to the property.
Northern Corner: 35.48209, -88.44615
Northwest Corner: 35.48204, -88.44616
Southwest Corner: 35.47925, -88.44207
Southeast Corner: 35.47938, -88.44055
Northeast Corner: 35.48133, -88.44066
You are welcome to visit a property anytime you like. Just Contact Us to schedule a time so that we can be sure the property is still available before you drive out to it. We operate an eCommerce land business, and we typically do not accompany property visits.