by Lee Lin
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Carroll 38321
33 Arrowhead Pt
Photo of 33 Arrowhead Pt

13

Map

Photo of 33 Arrowhead Pt
Photo of 33 Arrowhead Pt
$105,000
● Land - For Sale

33 Arrowhead Pt

Cedar Grove, TN 38321
bedrooms
Studio
bathrooms
0 Bath
$594
Est. Monthly
$50
HOA / Fees

About This Property

Gorgeous 1.5 acre developed lakefront lot in the gated Indian Lake Community. This property offers a variety of possible build sites with it's gently rolling slope. You can build on top of the slope where there's a nice level/ flat area for a slab foundation or build closer to the lake for a basement. It has already been permitted for a 3 bedroom septic system in 2 different locations on the property. This lot is on the east side of the lake so the back of your future dream home faces west for those incredible sunset views. Come check out this beautiful property in a highly sought after community with some of the best fishing around!
Unit Size
-
Days on Market
91 days
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$28
HOA Dues
$50
Year Built
-

Listed By

Shane Bowen
[email protected]
Premier Realty Group of West Tennessee LLC

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 months ago (Realtracs #RTC3309080)

Price History

Date / Event Date Event Price
Jul 9, 2026 Listed by Tennessee Valley Realty and Investment Group, PLLC $105,000
Listed by Tennessee Valley Realty and Investment Group, PLLC

Property Highlights

Exterior Details
Lot Features: Cleared, Rolling Slope, Views
Lot Size Area: 1.5
Lot Size Units: Acres
Lot Size Acres: 1.5
Lot Size Square Feet: 65340
Tax Lot: 175
Financial Details
Tax Annual Amount: $338
Location Details
HOA/Condo/Coop Amenities: Boat Dock, Clubhouse, Gated
HOA Fee: $600
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
  • 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: 65,340
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: INDIAN LAKE
  • Land Acres: 0000001500
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: G70

Neighborhood

  • School District Name: West Carroll Special District
  • Census Tract: 962400

Geography

  • Assessors Map Reference: 154
  • District: 06
  • Parcel: 009154 00741
  • Lot: 175
  • Latitude: 35.8501
  • Longitude: -88.5208

    Address

  • Full Address: 33 Arrowhead Pt
  • Address - House Number: 33
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Pt
  • State: TN
  • City Name: Cedar Grove
  • Carrier Code: R001
  • 4-Digit Zip Code: 6620
  • Zip Code: 38321

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,900
  • Tax Rate Code Area: 09B00

    Market Valuation

  • Market Total Value: $56,000
  • Market Land Value: $56,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $14,000

    Sales

  • Current Sale Recording Date: Feb 25, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Carroll

Stats & Trends

Median Asking:

$269,500

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2568 ft²

Average Home Age

42.6 years

Currently For Sale

35 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Shane Bowen, Tennessee Valley Realty and Investment Group, PLLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3309080
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 33 Arrowhead Point built and last sold?
The property at 33 Arrowhead Point was built in and last sold on Jan 1, 1970 for $75,000.
How much is this home worth?
The estimated value of the home located at 33 Arrowhead Point is $106,050.
What are some comparable homes to 33 Arrowhead Point?
There are currently no comparable homes to 33 Arrowhead Point.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Carroll Homes for Sale
Carroll Houses for Sale
Carroll Multifamily for Sale
Carroll Land for Sale
Carroll Commercial for Sale
Carroll Homes with Basements
Carroll Homes with Pools
Carroll Homes with Parking
Nearby Cities
Jackson Homes for Sale
Martin Homes for Sale
Paris Homes for Sale
Humboldt Homes for Sale
Milan Homes for Sale
Medina Homes for Sale
McKenzie Homes for Sale
Lexington Homes for Sale
Nearby Property Records
Carroll County, TN Property Records
Henderson County, TN Property Records
Gibson County, TN Property Records
Benton County, TN Property Records
Henry County, TN Property Records
Weakley County, TN Property Records
Decatur County, TN Property Records
Madison County, TN Property Records
Nearby Counties
Madison Homes for Sale
Gibson Homes for Sale
Henry Homes for Sale
Weakley Homes for Sale
Benton Homes for Sale
Henderson Homes for Sale
Decatur Homes for Sale
Obion Homes for Sale
Top Real Estate Agents
Top Agents in Carroll
Top Agents in Madison
Top Agents in Jackson
Top Agents in 38305
Top Agents in Gibson
Top Agents in Henry
Top Agents in 38301
Top Agents in Weakley