Tennessee Off-Grid Land for Sale - 213 Properties (2024)

FAQs

How much is 1 acre of land worth in TN? ›

Statewide, an average acre of Tennessee land is worth $14,400, but it's all about location.

Some of the best places to live off-grid in Tennessee include Morgan County, Cannon County, Polk County, Chester County, and Lawrence County. These areas offer low property taxes, relaxed zoning laws, and a favorable climate for solar power. Benefits of joining off-grid communities: Shared knowledge and resources.

Over the past few decades, buying Tennessee land has proven to be a lucrative investment. This state is a hub for agriculture, and it's home to dozens of high-profile companies and industries. More people are attracted to Tennessee for its business opportunities, which has increased the value of local land.

Low Taxes Help Keep Carrying Costs Manageable

At just 0.28% of assessed value, Tennessee has one of the lowest effective tax rates in the U.S. This really helps investors keep their expenses low when holding raw land or vacant property. Until you develop the land or build real estate, the costs are minimal.

The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.

We recommend you go straight to LandWatch, Lands of America, or LoopNet - you'll almost surely find what you're looking for. Plain and simple.

Tennessee's exemption for personal property is $10,000. Individual homeowners in Tennessee, then, can exempt a total of $15,000 in real and personal property combined using this and the homestead exemption compared with a total of $24,200 if the federal exemptions were available.

The cost of living off the grid can differ depending on various factors. However, Tory Jon, Founder of CamperFAQs and an outdoor expert specializing in camping and off-grid living, said people can expect to pay an average of $500 to $2,000 per month to live off the grid.

To qualify for a land loan in Tennessee, lenders typically require a minimum credit score of 720 and down payments ranging from 10% to 50%, depending on the type of land. It's essential to research specialized lenders and compare terms to find the right fit for your land acquisition needs.

Is it better to have land or cash? ›

While real estate is more lucrative over time than holding cash, it has more risk. On the other hand, holding onto money or putting it into something safe like a CD or savings account might earn smaller yields, but you have less chance of losing it altogether. Luckily, you don't need to choose just one place to invest!

How is property taxed in Tennessee? Property tax is a local tax based on the value of your house and land, which is determined by county assessors. The average tax rate was 0.67 percent of a property's assessed value in 2021, according to the Tax Foundation. Rates vary by county and municipality.

The price of an acre can vary depending on location however the median average is $14,400.

Under common law, Tennessee courts have held that parties in adverse possession of land for 20 years will gain title to that land, even without any assurance or color of title. When a party has remained in uninterrupted and continuous possession of land for 20 years, their ownership of the property should be presumed.

In recent years, migration has been the main driver of population growth in Tennessee. Individuals who moved to Tennessee from other states mostly came from California, Texas, and the southeastern U.S. The largest contributors were Florida and California, sending 25,318 and 22,565 new residents respectively.

Add up the value of all the parcels you want to include in your average, if there's more than one. Divide by the total land area. That's your value per acre.

An acre of land is about the size of a football field. The value of an acre of land varies quite a bit depending on a number of factors. The average cost of land in the contiguous United States is about $12,000 per acre.

There are 22 available properties to buy in Middle Tennessee listed at $52,351 on average, with each acre priced at $5,567. For more properties near here, browse land for sale in Middle Tennessee.

Eastern Region, TN Land Information

With tens of thousands of properties and rural land for sale in the region, LandWatch.com boasts over 131,000 acres of land and other rural acreage for sale in the region. The average price of land and ranches for sale here is $482,504.