Are you searching for an affordable property with acreage, a creek, and room for renovation projects? A residential property at 203 Hurricane Creek Drive in Tennessee Ridge, Tennessee, is listed for $110,000 and offers a combination of a three-bedroom home, 5.12 acres of land, multiple outbuildings, and several features that may interest buyers willing to take on a renovation project.

Described as a handyman or investor special, this bank-owned property is being sold as-is. That means buyers should carefully assess its current condition, likely repair costs, and any legal or financial requirements before making an offer. While the asking price may attract investors and buyers looking for rural property, the actual value will depend heavily on the work needed to make the home suitable for its intended use.

Property Overview

Asking price: $110,000
Location: 203 Hurricane Creek Drive, Tennessee Ridge, TN 37178
Land size: 5.12 acres
Home size: Approximately 1,487 square feet
Bedrooms: 3
Bathrooms: 1
Year built: 1997
Property type: Single-family residential home
Water: Well, according to the listing
Sewer: Septic tank, according to the listing
Heating: Propane and wood, according to the listing
Cooling: Wall/window unit or units
Additional features: Creek, storm shelter, multiple outbuildings, storage, porch, and deck
Annual property tax: Approximately $651, according to the listing
Sale condition: Bank-owned, foreclosure-related, and sold as-is

These details are based on the supplied property listing and have not been independently verified.

A Home with 5.12 Acres of Land

One of the main attractions of this property is its 5.12-acre lot. Compared with a typical suburban residential parcel, this amount of land may offer more room for outdoor activities, gardening, storage, and other projects, subject to local rules and the property’s actual layout.

The listing describes the acreage as beautiful and notes that a creek runs through or alongside the property. A natural water feature can add visual appeal and create a peaceful outdoor setting. However, buyers should inspect the creek’s location, drainage patterns, flood exposure, and any applicable environmental or setback restrictions.

The lot is described as sloped, which is another important factor to consider. Sloping land can affect landscaping, driveway improvements, drainage, construction, and the amount of ground that can be used comfortably. A site visit and, where appropriate, professional advice can help determine which parts of the acreage are practical for the buyer’s plans.

Before assuming that the land can support additional buildings or subdivision, prospective buyers should confirm zoning, setbacks, access, septic requirements, and other local development rules.

A Three-Bedroom Home with 1,487 Square Feet

The property includes a home built in 1997 with approximately 1,487 square feet of listed living space. The listing reports three bedrooms and one full bathroom.

The home’s size may appeal to buyers seeking a renovation project with an existing residential structure rather than purchasing vacant land and starting from scratch. The listing also identifies a living room, Florida room, utility room, and covered porch or deck areas.

The reported flooring includes carpet, wood, and tile. The property has a crawl-space foundation, and the exterior is described as wood siding with a metal roof.

However, the listing does not provide a full condition report. The age of the home alone cannot establish whether the roof, framing, plumbing, electrical systems, heating equipment, windows, or interior finishes are in good condition.

Because the property is being sold as-is, buyers should arrange a thorough inspection before committing to the purchase, if inspections are permitted under the sale terms. Ask about any known defects, past water intrusion, pest activity, structural concerns, and the condition of the crawl space.

Multiple Outbuildings and a Storm Shelter

Another feature highlighted in the listing is the presence of multiple outbuildings. Additional structures can be useful for storing tools, equipment, gardening supplies, or materials for renovation work.

The property also includes a storm shelter, which may be an important feature in an area where severe weather is a consideration. Buyers should verify the shelter’s condition, accessibility, construction, and suitability for its intended purpose rather than assuming it meets current standards.

The number, size, condition, and legal status of the outbuildings should be confirmed during due diligence. Some structures may require repairs or may not be suitable for every intended use.

Well Water and Septic System

The listing identifies a well as the water source and a septic tank for wastewater. These systems can be practical in rural locations, but their presence does not guarantee that they are functioning properly.

Buyers should arrange appropriate water-quality testing and inspect the well system. It is also important to determine the age and condition of the pump, pressure tank, and related equipment.

The septic system should be evaluated by a qualified professional, subject to local requirements. Ask about its age, maintenance history, capacity, and any necessary permits or repairs. The system’s condition can be especially important if the buyer plans to renovate the house or change how it is used.

These checks can help reveal costs that might not be obvious from the asking price.

What Does “Bank-Owned” and “As-Is” Mean?

The listing describes the property as bank-owned, notes a foreclosure-related special condition, and states that it is being sold as-is.

An as-is sale generally means the seller is offering the property in its present condition and may be unwilling to undertake repairs before closing. The exact contractual meaning, available disclosures, inspection rights, and remedies depend on the purchase agreement and applicable law.

For buyers, this means it is especially important to understand what they are purchasing before making a binding commitment. A home that appears affordable at first may require substantial spending on structural repairs, plumbing, electrical work, heating, or other improvements.

Investors should develop a realistic renovation budget that includes materials, labour, permits, inspections, insurance, utilities, closing costs, and a contingency for unexpected problems.

Buyers should also review the title, liens or other recorded matters, foreclosure-related documentation, and the seller’s requirements with an appropriate real-estate professional or attorney.

Is This Property Suitable for Investors?

At $110,000, the property may attract investors who specialise in fixer-uppers or rural homes. The combination of a residential structure and 5.12 acres could provide several possible paths, such as renovating the home for personal use or evaluating its potential for resale.

However, no profit should be assumed. The final outcome will depend on the home’s condition, repair costs, local market demand, financing, carrying costs, and the price at which a renovated property could realistically sell.

The listing’s tax-assessed value of $175,100 should not be treated as proof of current market value or a guaranteed resale price. Tax assessments and market valuations serve different purposes and may not reflect the property’s present condition.

Before making an investment decision, compare similar nearby properties and estimate the total cost of acquiring, repairing, maintaining, and eventually selling or occupying the home.

Important Checks Before Making an Offer

Prospective buyers should consider the following due-diligence steps:

Arrange a property inspection: Check the roof, foundation, crawl space, structure, plumbing, electrical system, heating, and visible signs of water damage.
Review the as-is terms: Understand inspection rights, seller disclosures, deadlines, and any limits on repairs or contract cancellation.
Test the well water: Confirm water quality, supply, and the condition of the well equipment.
Inspect the septic system: Verify its condition, capacity, permits, and suitability for the home’s intended use.
Evaluate the creek and drainage: Investigate flood risk, erosion, drainage, and any applicable restrictions.
Check the outbuildings and storm shelter: Confirm their condition, permitted uses, and any required repairs.
Verify zoning and land use: Ask local authorities about permitted activities, additions, accessory buildings, and subdivision rules.
Review the title and sale documentation: Confirm ownership, recorded interests, and any requirements associated with the bank-owned sale.
Prepare a realistic budget: Include renovation, closing, insurance, utilities, permits, and a reserve for unexpected expenses.

Final Thoughts

203 Hurricane Creek Drive offers a combination of a three-bedroom home, 5.12 acres, a creek, a well, a septic system, a storm shelter, and multiple outbuildings. At an asking price of $110,000, it may be worth investigating for buyers who want a rural property and are prepared to take on renovation work.

The key consideration is the property’s actual condition. Because it is a bank-owned, as-is offering, buyers should not rely on the listing price alone to judge affordability. Professional inspections, careful review of the sale terms, and a detailed repair budget are essential before deciding whether this property fits their needs.

Disclaimer: This article is based on the supplied listing information for general informational purposes. The property’s condition, acreage, creek and drainage characteristics, systems, title, zoning, and permitted uses have not been independently verified. Consult qualified inspectors, local authorities, and legal or real-estate professionals before making a purchase decision. No investment return or future resale value is guaranteed.