HISTORIC FARMHOUSE FOR SALE W/ LARGE ACREAGE TRACT - WEST TN

120 Meadows Ln. , Henderson, Tennessee, 38358

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* FOR SALE

$499,900

MLS: 41019-20030

86 Acres

1,800 SqFt

3 beds

2.0 baths

What You Should Know

  • Historic Country Home for Sale

  • Circa 1920's Farmhouse + 86 AC

  • Ideal Farmstead or Hunting

  • Deer & Turkey; Wildlife Abound

  • Wrap- Around Front Porch

  • Covered Back Porch

  • Income - CRP, Crop, & Hunting

  • 1/2 Way - Memphis & Nashville

Why You'll Love It

Historic Country Home For Sale is a circa 1921 Farmhouse with large Wrap-Around Front Porch, and Large Covered Back Deck. Updated with fresh paint, textured walls and ceilings, and updated lighting. Cozy, nostalgic old-home feel with high ceilings, thick baseboards and trim, and convenient built-ins reminiscent of the old style home. Floor Plan features approximately 1800 Sq. Ft - 2BR / 2BA downstairs with an additional parlor / sitting room or office. Upstairs has versatile area which can be utilized for 3rd bedroom. Bathroom has been remodeled and home is fully functional, and move-in ready. HVAC unit replaced in 2014. Covered Deck or Wrap-Around Front Porch are both great places to relax and enjoy a morning cup of coffee or afternoon cup of tea. Home would be an ideal Airbnb, Rental, In-law Quarters, or flipping opportunity, if you wanted to subdivide later on down the road. 

Home is being offered with 86 Acres for $499,900 and can also be purchased with 26 ACRES for $325,000. 

Investment and Income Opportunity

Ideal Long Range Investment and Income Opportunity aboud with this coveted tract of real estate. Currently the property receives income from  a variety of sources: Government CRP program on part of the property and hunting and farming leases on additional portions of the tract. Substantial road frontage on 2 separate streets: 2500 + ft on Meadows Ln. and 1500 ft on Williams Rd.additionally adds value as potential subdividing of the property may be ideal in the future as the local economy and surrounding area continues to grow. Tennessee is additionally rated as one of the BEST states in the nation to live for Retirees. Zero State Income Tax, the 2nd lowest cost of living in the nation, and 10.2% below the avg. cost of living index in the US. Tennessee is a great place to grow old and grow rich! Visit (https://www.tnvacation.com/retire-tennessee/living-in-tn) for more information about what makes our state conducive for your long term financial health picture. 

 

Geographic Location & About the Area

Property is located just barely outside the city limits of the small town of Henderson, in Chester County, Tennessee. Rich in history and steeped in tradition, Henderson embraces the small-town values and volunteer spirit that make Tennessee great. Henderson is located at the intersection of US Hwy 45 and State Route 100. It is 16 miles south of Jackson and approximately 80 miles east of Memphis; Henderson began as a railroad community on the Mobile & Ohio Railroad. Once home to a bustling depot, Historic Front Street now gets more traffic from its businesses than its railways.

The school system for Henderson and the surrounding community is operated by Chester County. The Chester County School System is rated as one of the best school systems in the state.  Henderson also boasts as having one of the lowest crime rates anywhere. These two factors have helped Henderson become one of the most popular places to raise a family.

Henderson is famous for many things, including its old-fashioned barbecue. The area has a deep tradition in slow-cooked whole-hog barbecue, and it is celebrated annually during the Barbecue Festival on Court Square.

With a balanced blend of retail and industry, Henderson shops line Main Street and beyond while many industries are located in or near the Industrial Park on the US Hwy. 45. Freed-Hardeman University, a four-year, liberal arts university, is located downtown. With approximately 2,050 students each year, FHU greatly contributes to Henderson's economy.

Chickasaw State Park is located approximately 8 miles west of Henderson. The rustic state park features walking trails, horseback riding, campgrounds and summer swimming. Rustic cabins are also available for rent.

Additional Purchase Opportunities:

*Owners are additionally offering the farm house with approx 26 Acres for $325,000 (subject to new survey which the seller's will provide) 

Property is also listed for sale as 370 Meadows Ln, and includes an approx 4000 Sq. Brick Home with 95+ Acres including the 1920's circa farmhouse - Offered at $850,000. 

Where You'll Find It

  • Street Address: 120 Meadows Ln.
  • City: Henderson
  • State: Tennessee
  • County: Chester

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Bradley Arnold

Broker I Owner I Realtor©
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