144 LAMBERT RD

Somerville, TN
$ 381,600 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

144 +/- acres in rural Fayette County north of Somerville, TN. This property serves as a great investment for farm income. It offers great duck & deer hunting as well. Some of the frontage along Lambert Rd. could be brought up out of the flood plain to serve as residential home sites or barndominiums. Very convenient to I-40 to get to the inner city of Memphis and or Jackson within 45 minutes. The property will remain in a current 5 year farming lease that pays about $90 per tillable acre.

Land

  • Price
  • $ 381,600
  • Lot Size
  • 144 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Somerville
  • County
  • FAYETTE
  • Style
  • Area
  • Fayette-Braden
  • MLS#
  • 10095356
  • Zip
  • 38060
Listing Provided by: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 6510
City Somerville
Class Land
Legal Subdivision Name None
Listing Area Fayette/Braden
Road Frontage Paved
Service Type Full Service Listing
Status Active
Status Active
Type Land
Utilities None
Zoning ag res

Exterior Features

Improvements None
Lot Size 144 acres
Shape Regular

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/18/2021 Listed $381,600

Property vs Zip Code Average in 38060

Price
AVG $490K
$380K
Visits
AVG 143
132

Map

144 LAMBERT RD Somerville, TN is a Single Family Home for sale at $381600 and a lot size of 144 Acres Acre(s). 144 LAMBERT RD Somerville has 0 bedrooms, 0 baths . The property's zip code is 38060 which is in Somerville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.