So many possibilities with this UNRESTRICTED ~6.7 acres of property! Property has 817' of Hwy 11E road frontage, with access to the property from Hwy 11E AND Lowery Loop Rd. Property can easily be rezoned to Commercial OR you can leave it Residential and build your dream home. There is currently a NEW 4000sqft building with 6'' thick concrete for commercial use, 3bdrm Septic newly installed, electricity, and water on the land. It also includes a 36'x20' metal carport for RV with a 39'x8' deck under cover and a 10'x16' attached deck with built-in fire pit. The 39' Winnebago RV is fully functional and can convey with the property.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC
Office Phone: (888) 519-5113
Exterior Features
Parking Information:
Attached Garage: No
Parking: RV Access/Parking
Lot Features
Lot Information:
Lot: Rolling/Hilly, Corner Lot
Lot Size: 6.66 Acres
Other
Directions Information:
Directions: From I-40E, take exit 394 toward US-25W, use left 2 lanes to turn L onto US-11E, turn R onto Lowery Loop Rd. Property on the Left. Property can be accessed from Lowery Loop Rd OR Hwy 11E.
Price Information
Listing Price Info
Price Summary:
List Price: $630,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1252251
Listing Office:
Office Name: eXp Realty, LLC
Office Phone: (888) 519-5113
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,212
Per Month
Principal & Interest
$3,145
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
$1,955
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
New Market Elementary School
1559 West Old A Johnson Hw
Distance between this listing and this school0.27 miles
Public District Grades PK-5
7
/10
Jefferson Elementary School
321 W Broadway Blvd
Distance between this listing and this school4.54 miles
Public District Grades PK-5
6
/10
Piedmont Elementary School
1100 W Dumplin Valley Rd
Distance between this listing and this school5.80 miles
Public District Grades PK-5
Nearby Schools
6
/10
Jefferson Middle School
361 W Broadway Blvd
Distance between this listing and this school4.34 miles
Public District Grades 6-8
5
/10
Rush Strong Elementary School
3081 W Old Andrew Johnson Hwy
Distance between this listing and this school5.62 miles
Public District Grades PK-8
4
/10
Carter Middle School
204 N Carter School Rd
Distance between this listing and this school8.60 miles
Public District Grades 6-8
Nearby Schools
7
/10
Jefferson County High School
115 W Dumplin Valley Rd
Distance between this listing and this school7.10 miles
Public District Grades 9-12
4
/10
Carter High School
210 N Carter School Rd
Distance between this listing and this school8.49 miles
Public District Grades 9-12
5
/10
Northview Academy
2719 Northview Academy La
Distance between this listing and this school9.39 miles
The neighbors living near this home have an average income of $43,369. The majority of Jefferson County, TN residents have income between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 948 Lowery Loop Rd
What is the listing price of this property?
The listing price of 948 Lowery Loop Rd property is $630,000.
What type of property is this?
The property 948 Lowery Loop Rd is land located in New Market, Tennessee, 37820.
Is this property for sale now?
Active Listing: 948 Lowery Loop Rd is For Sale (Active/New) which means the seller is accepting offers.
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 948 Lowery Loop Rd in New Market, TN and zip code 37820. This home sits on a 6.66 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $630,000.
While more than 2 listings in Jefferson County, TN in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 19 were sold below. Between February 2024 and March 2024, Jefferson County, TN real estate market has seen increase in the number of listings by 12.6%. Listings spent 35 days on the market in March 2024, and had a median list price of $317,933 during the same period.
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 Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
NASCAR
NASCAR
Hunting
Monster Trucks
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Chevrolet
Classic Country
New Country