$480,000
PENDING $35K PRICE DROP

880 Gray Rd Rutledge, TN 37861

Estimated payment $2,540/month

Total Views 3,285
26.74 Acres
$17,951 Price per Acre
1,164,794 Sq Ft Lot

Highlights

  • Barn
  • Farm
  • No HOA
  • 26.74 Acre Lot
  • Wooded Lot
  • Pasture

About This Lot

Ready-Made Farm — Just Add Your Dream Home! Bring your vision to life on this beautiful property that's already set up and ready to go. A brand-new 30x40x12 metal building with a 12-foot roll-up door and one-man access door is perfect for equipment, storage, or a workshop. The building is fully equipped with power and water, plus two frost-free yard hydrants conveniently located for livestock care. Enjoy the peace and beauty of the land with 2 nice ponds — ideal for livestock, or simply relaxing by the water. Whether you're looking to build your dream home or multiple homes, this property offers endless possibilities for country living.

Listing Agent

Amy Cate

The Cate Group, Realty & Property Management LLC License #323701 Listed on: 10/19/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $278

Lot Details

  • 26.74 Acre Lot
  • Property fronts a county road
  • Wire Fence
  • Cleared Lot
  • Wooded Lot

Home Design

  • Asphalt Roof

Farming

  • Barn
  • Farm
  • Agricultural
  • Pasture

Mobile Home

  • Mobile Home Allowed

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047.00

Property Details

Property Type

Land

Est. Annual Taxes

$278

Lot Details

0

Listing Details

  • Possible Use: Agricultural, Cattle, Farm, Grazing, Horses, Livestock, Manufactured Home, Pasture, Vacant
  • Fencing: Wire
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 26.74
  • Road Frontage Type: County Road
  • Directions: From Cherokee Damn Sr-92, turn right on to Lakeshore Dr, turn left on to Gray Rd Property on left.
  • Special Features: None

Exterior Features

  • Roof: Asphalt
  • Lot Features: Agricultural, Cleared, Farm, Pasture, Wooded
  • Waterfront: No
  • Other Structures: Barn(s)

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Agricultural, Farm
  • Lot Size Sq Ft: 1164794.4
  • Parcel #: 047.00

Tax Info

  • Tax Annual Amount: 277.89
  • Tax Map Number: 076
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $278 $9,150 $0 $0
2024 $278 $11,825 $8,625 $3,200
2023 $278 $11,825 $8,625 $3,200
2022 $272 $11,825 $8,625 $3,200
2021 $272 $11,825 $8,625 $3,200
2020 $260 $11,825 $8,625 $3,200
2019 $260 $9,275 $7,225 $2,050
2018 $224 $9,275 $7,225 $2,050
2017 $224 $9,275 $7,225 $2,050
2016 $224 $9,275 $7,225 $2,050
2015 $208 $9,275 $7,225 $2,050
2014 $208 $8,318 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2025 12/06/25 Pending -- -- --
11/22/2025 11/22/25 Price Changed $480,000 -2.0% --
10/31/2025 10/31/25 Price Changed $489,900 -2.0% --
10/25/2025 10/25/25 Price Changed $499,900 -2.9% --
10/19/2025 10/19/25 For Sale $515,000 +22.6% --
05/09/2025 05/09/25 Sold $420,000 -8.7% -- View Prior Sale
03/30/2025 03/30/25 Pending -- -- --
03/22/2025 03/22/25 For Sale $459,900 -- --
Source: Lakeway Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Colonial Title Group
Warranty Deed $420,000 Colonial Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Closed $336,000 New Conventional
Source: Public Records

Source: Lakeway Area Association of REALTORS®

MLS Number: 709379

Lakeway Area Association of REALTORS®

APN: 076-047.00