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Jackson 38301
254 Rhea St
Photo of 254 Rhea St

1

Map

$29,900
● Land - For Sale

254 Rhea St

Jackson, TN 38301
bedrooms
Studio
bathrooms
0 Bath
$157
Est. Monthly
$3
HOA / Fees

About This Property

This is a Great Building Lot to Build Your Dream Home! The Lot also Features a Tree Lined Backyard for Additional Privacy! It is Located in an Established Neighborhood in East Jackson!!!
Unit Size
-
Days on Market
387 days
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
$3
Year Built
-

Listed By

Sandra Carter
Sandra Carter
[email protected]
Century 21 Action Realty

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3008918)

Price History

Date / Event Date Event Price
Aug 1, 2025 Listed by Century 21 Action Realty $29,900
Listed by Century 21 Action Realty

Property Highlights

Exterior Details
Lot Features: Cleared
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Lot Size Dimensions: 107X112.5
Tax Lot: 254
Financial Details
Tax Annual Amount: $73
Utilities Details
Sewer : Sewer Available
Location Details
HOA Fee: $40
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,660,920
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGENCY
  • Land Acres: 0000107000
  • Standard Land Use Code: 1000
  • County Land Use Code: 00
  • State Land Use Code: C00
  • Legal Description 1: REGENCY PB 3 PG 49 BLK 1 LOT 20 107X112.5

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001100

Geography

  • Assessors Map Reference: 087F
  • District: 05
  • Parcel: 087F-H-006.00
  • Block: 1
  • Lot: 20
  • Municipality: JACKSON
  • Latitude: 35.6056
  • Longitude: -88.7916

    Address

  • Full Address: 254 Rhea St
  • Address - House Number: 254
  • Address - Street Name: Rhea
  • Address - Suffix Type: St
  • State: TN
  • City Name: Jackson
  • Carrier Code: C021
  • 4-Digit Zip Code: 6775
  • Zip Code: 38301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,400
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.2693
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 16,639
  • High Value: 21,121
  • Low Value: 12,157

    Market Valuation

  • Market Total Value: $8,400
  • Market Land Value: $8,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,100
  • Assessed Land Value: $2,100

    Sales

  • Current Sale Recording Date: May 05, 2010
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 12, 1992
  • Previous Sale Amount: $3,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$276,950

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

78

Average Home Size

3375 ft²

Average Home Age

44.8 years

Currently For Sale

44 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Sandra Carter, Century 21 Action Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3008918
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 254 Rhea Street built and last sold?
The property at 254 Rhea Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 254 Rhea Street is $30,199.
What are some comparable homes to 254 Rhea Street?
There are currently no comparable homes to 254 Rhea Street.
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