$419,900
4 beds 2 baths 1,804 sq. ft.
36.40572 -82.424431

229 Old Stage Road Gray, TN 37615

$419,900
Est. Monthly $2,135 recalculate
4 beds 2 baths 1,804 sf
 

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CENTURY 21 Legacy
93 N. Rufe Taylor Rd.
Greeneville, TN 37745
423.­639.6781
423.­639.6781
CENTURY 21 Legacy
93 N. Rufe Taylor Rd. Greeneville, TN 37745
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229 Old Stage Road
Gray, TN 37615

Explore This Property

Single Family Detached - Imagine the possibilities! Original homestead exists on nearly 8 beautiful, rolling acres, perfect for development! The side fronting Old Stage Road is zoned residential, and the back land fronting on Oak Grove Road is zoned R3 and has public sewer available at the road. Approximately 56 townhomes/condos could be built to provide an excellent source of rental income. (Estimation calculated on R3 guidelines that 14 BR/acre, resulting in 7 2-bedroom units at 8 buildings). The land also connects to the existing Glen Oaks Development, should one want to develop homes and extend that development further. This property is in a prime location, currently has only county taxes, and is a developer's dream. Leave the existing home or remodel it and live in it and use the back acreage for income producing---whatever you decide, the possibilities are endless! Barn and older building are also on the property. All information deemed reliable but not guaranteed and is gathered from third party sources. Buyer and Buyer's Agent to verify all information contained herein. Home to be sold AS IS. Acreage is an approximation based upon the CRS measuring tool.
MLS # 395558
Courtesy Of Coldwell Banker Security Real Estate

Property Features

  • Basement: Other Basement
  • Lot Size: 7.9 Acres
  • Style: Other Style
  • Views: Scenic

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $2,135Your estimated monthly payment
    $83,98020% Down Payment
    $419,900 $377,910
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    LAKE RIDGE ELEMENTARY SCHOOL
    Grades PRESCHOOL-4 | Public School

    JOHNSON CITY, TN 37615
    100 LAKEVIEW LN
    423-610-6030
    1.9
    miles

    Total Students 615
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    Middle School
    LIBERTY BELL MIDDLE SCHOOL
    Grades 7-8 | Public School

    JOHNSON CITY, TN 37604
    718 MORNINGSIDE DR
    423-232-2192
    6.4
    miles

    Total Students 1200
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    High School
    SCIENCE HILL HIGH SCHOOL
    Grades 9-12 | Public School

    JOHNSON CITY, TN 37604
    1509 JOHN EXUM PKWY
    423-232-2190
    6.3
    miles

    Total Students 2243
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Boones Creek Middle School 1.9 mi Public 5-8
    Boones Creek Elementary School 2.3 mi Public K-4
    Indian Trail Middle School 2.7 mi Public 5-6
    Gray Elementary School 3.1 mi Public PRESCHOOL-8
    Tri City Sda School 4.1 mi Private K-8
    Daniel Boone High School 4.7 mi Public 9-12
    Ridgeview Elementary School 4.7 mi Public PRESCHOOL-8
    Providence Academy 4.8 mi Private K-12
    Towne Acres Elementary School 4.8 mi Public K-4
    St Mary School 5.5 mi Catholic K-8
    Miller Perry Elementary School 5.6 mi Public K-5
    Sylvan Learning Center 1012 5.7 mi Private K-12
    Fairmont Elementary School 5.8 mi Public PRESCHOOL-4
    Colonial Heights Middle School 6.5 mi Public 6-8

    Local Area Information for Johnson City, TN 37615

    Median Age: 41.7
    Married: 47.0%
    Number of Households: 8,651
    Households with Children: 2,137
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Single Family Detached located at 229 Old Stage Road, Gray, TN 37615 is currently for sale. 229 Old Stage Road, Gray is listed for $419,900. This property has 4 bedrooms, 2 full bathrooms, and approximately 1,804 square feet. The property was built in 1947. If the property located at 229 Old Stage Road, Gray, TN isn't what you're looking for, search Tennessee real estate to see other houses for sale in Johnson City.