Don't miss out on this incredible opportunity! Introducing a rare find: 3.53 acres of prime land on E. Brainerd Rd., offering endless possibilities for residential or commercial development. Nestled within walking distance of Publix and just minutes away from Hamilton Place Mall, convenience meets potential in this sought-after location. Whether you're dreaming of building your dream home or investing in a thriving commercial venture, this is the perfect canvas to bring your vision to life. Act fast and seize the opportunity to make this coveted property yours!
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices J Douglas Properties
Lot Features
Lot Information:
Lot: Level
Lot Size: 3.53 Acres
School Info
Assigned Schools Information:
East Hamilton School, Public District Grades 6-12
STEM School Chattanooga, Public District Grades 9-10
Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
East Brainerd Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Take I-24 E, take the E. Brainerd Road exit, stay on E. Brainerd Road for 2.8 miles, property is on the right
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $630
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Chattanooga, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
East Brainerd Elementary School
7453 E Brainerd Rd
Distance between this listing and this school1.74 miles
Public District Grades KG-5
High School
7
/10
East Hamilton School
2015 Ooltewah Ringgold Rd
Distance between this listing and this school2.23 miles
Public District Grades 6-12
8
/10
STEM School Chattanooga
4501 Amnicola Hwy
Distance between this listing and this school8.95 miles
Public District Grades 9-10
9
/10
Hamilton County Middle College High School At Chattanooga S
4501 Amnicola Hwy
Distance between this listing and this school8.95 miles
Public District Grades 10-12
Assigned Schools
4
/10
East Brainerd Elementary School
7453 E Brainerd Rd
Distance between this listing and this school1.74 miles
Public District Grades KG-5
Nearby Schools
8
/10
Westview Elementary School
9629 E Brainerd Rd
Distance between this listing and this school2.13 miles
Public District Grades KG-5
6
/10
Graysville Elementary School
944 Graysville Rd
Distance between this listing and this school2.43 miles
Public District Grades KG-5
Nearby Schools
7
/10
Chattanooga School For The Liberal Arts
6579 E Brainerd Rd
Distance between this listing and this school3.38 miles
Public Magnet Grades KG-8
3
/10
Tyner Middle Academy
6837 Tyner Rd
Distance between this listing and this school4.38 miles
Public Magnet Grades 6-8
2
/10
Dalewood Middle School
1300 Shallowford Rd
Distance between this listing and this school5.57 miles
Public District Grades 6-8
Assigned Schools
7
/10
East Hamilton School
2015 Ooltewah Ringgold Rd
Distance between this listing and this school2.23 miles
Public District Grades 6-12
8
/10
STEM School Chattanooga
4501 Amnicola Hwy
Distance between this listing and this school8.95 miles
Public District Grades 9-10
9
/10
Hamilton County Middle College High School At Chattanooga S
4501 Amnicola Hwy
Distance between this listing and this school8.95 miles
The neighbors living near this home have an average income of $83,083. The majority of Chattanooga, TN residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8540 E Brainerd Rd
What is the listing price of this property?
The listing price of 8540 E Brainerd Rd property is $1,200,000.
What type of property is this?
The property 8540 E Brainerd Rd is land located in Chattanooga, Tennessee, 37421.
Is this property for sale now?
Active Listing: 8540 E Brainerd Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8540 E Brainerd Rd are: East Brainerd Elementary School: GreatSchools Rating 4/10East Hamilton School: GreatSchools Rating 7/10STEM School Chattanooga: GreatSchools Rating 8/10Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $630 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8540 E Brainerd Rd in Chattanooga, TN and zip code 37421 in the East Brainerd neighborhood. This home sits on a 3.53 acre lot. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,200,000.
While more than 96 listings in Chattanooga, TN in April 2024 were sold above asking price, there were more than 126 listings sold at asking price, and more than 140 were sold below. The number of homes for sale in Chattanooga, TN increased by 4% between March 2024 and April 2024. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $327,210.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Symphony or Opera
Symphony or Opera
Tennis
Minor League Baseball Games
Chico's
IKEA
New York & Company
Boston Market
Chipotle
Chick-fil-A
Volvo
Jeep
Kia
Talk/Personality
Alternative
Active Rock