Tennessee Fixer-Upper on 5.12 Acres With a Creek and Outbuildings for $110,000

A three-bedroom cabin-style home, 5.12 acres of Tennessee countryside, a creek, and several outbuildings are among the features of a bank-owned property listed for $110,000 in Tennessee Ridge. Located at 203 Hurricane Creek Drive, the property offers a combination of rural land and existing improvements that may interest buyers searching for an affordable fixer-upper.

Built in 1997, the home contains approximately 1,487 square feet of living space and has three bedrooms, one full bathroom, a private well, and a septic system, according to the listing. Additional features include wood siding, a metal roof, propane and wood heating, and wall or window cooling units.

However, the property is being sold as-is, and the listing identifies it as a foreclosure and a handyman or investor opportunity. Buyers should carefully investigate the home’s condition and potential repair costs before deciding whether the $110,000 asking price represents a suitable investment.

Property Overview

• Address: 203 Hurricane Creek Drive, Tennessee Ridge, TN 37178
• Asking price: $110,000
• Land: 5.12 acres
• Living area: 1,487 square feet
• Bedrooms: 3
• Bathrooms: 1 full bathroom
• Year built: 1997
• Exterior: Wood siding
• Roof: Metal
• Water: Private well
• Sewer: Septic tank
• Heating: Propane and wood
• Cooling: Wall or window units
• Additional features: Creek, outbuildings, and storm shelter
• HOA: None reported
• Annual property taxes: $651, reported for 2025
• Sale condition: Bank-owned, foreclosure, and as-is

These details reflect the supplied listing information. Buyers should independently verify the property’s current status, specifications, utilities, and condition.

Five Acres of Tennessee Countryside With a Creek

One of the property’s main attractions is its 5.12 acres of land. For buyers who want more outdoor space than a typical residential lot provides, the acreage could offer opportunities for gardening, outdoor recreation, and enjoying a quieter rural setting.

The listing identifies a creek and describes the lot as sloped. The combination of trees, grassy areas, and water may appeal to someone looking for a country property with natural features and room to explore.

However, the total acreage does not necessarily represent the amount of land that can be easily used. Sloped terrain may affect landscaping, construction, drainage, and access to different portions of the property.

Prospective buyers should walk the land, review the property boundaries, and determine whether any sections are difficult to access or unsuitable for their intended purposes.

The creek also deserves closer inspection. Buyers should investigate seasonal water levels, potential flooding, and any restrictions affecting construction or land disturbance near the water. A creek can add character to a property, but its location and condition may also influence how the land can be used.

A Rustic Three-Bedroom Home With Renovation Potential

Built in 1997, the cabin-style home offers approximately 1,487 square feet of living space, with three bedrooms and one full bathroom.

The wood siding, metal roof, wood-paneled interior finishes, and wood-burning stove contribute to its rustic appearance. The supplied listing also mentions a living room measuring approximately 19 by 20 feet, a Florida room, and a utility room.

A spiral staircase is another distinctive interior feature. While it can save space and complement the cabin-style design, buyers should consider its practicality for everyday use and inspect its condition carefully.

Despite these features, the home is not presented as move-in ready. The listing describes it as a handyman or investor special, and photographs suggest that portions of the interior and exterior may need attention.

Some flooring appears worn or deteriorated, while sections of the outdoor decking look weathered and overgrown. Other spaces may require cleaning, repairs, or updating.

Photographs alone cannot establish whether the issues are cosmetic or structural. A professional inspection should assess the flooring, foundation, framing, roof, decks, plumbing, electrical systems, and heating equipment before buyers determine the likely renovation budget.

Multiple Outbuildings and a Storm Shelter

The property reportedly includes several additional structures, including storage buildings and a storm shelter.

For someone maintaining more than five acres, outbuildings can provide useful space for tools, lawn equipment, outdoor supplies, and property-maintenance materials. Their usefulness, however, depends on their actual condition and permitted uses.

Buyers should inspect each structure for roof damage, deteriorated framing, foundation problems, water intrusion, and electrical issues. They should also confirm which buildings are included in the sale and whether any permits or restrictions apply.

The storm shelter may be another useful feature, but its condition should not be assumed from its presence in the listing. Buyers should verify its structural integrity, drainage, ventilation, accessibility, and suitability for emergency use.

These inspections can help establish whether the additional structures provide practical value or will require significant work of their own.

Private Well, Septic System, and Rural Utilities

The listing reports a private well and septic tank, along with propane and wood heating and wall or window cooling units.

These systems can be suitable for rural properties, but they require maintenance and should be inspected before a purchase.

A qualified professional should evaluate the well, including its pump, water production, and available service records. Buyers should also arrange appropriate water-quality testing rather than assuming the water is safe to drink.

The septic system should be inspected to assess its condition, capacity, and compliance with applicable requirements. Buyers should request any available installation, maintenance, or repair records.

The heating and cooling systems also deserve attention. The presence of a wood-burning stove, propane equipment, or window units does not guarantee that they operate properly. The stove, chimney, and heating equipment should be evaluated for safety and functionality.

Understanding the condition of these systems is particularly important when purchasing a property sold as-is, since repair costs may become the buyer’s responsibility after closing.

The Biggest Concern: A Bank-Owned Property Sold As-Is

The foreclosure status is one of the most important factors to consider.

According to the listing, the home is bank-owned and being sold as-is. The precise obligations of the seller and buyer will depend on the purchase contract, but buyers should not assume that the seller will make repairs or correct deficiencies before closing.

Potential areas requiring attention include:

• Worn or damaged flooring and exterior decking.
• Possible moisture intrusion, rot, or pest damage.
• Roof, crawlspace, foundation, and structural conditions.
• Plumbing and electrical systems.
• Well and septic performance.
• Heating and cooling equipment.
• Deteriorated outbuildings and accumulated debris.

These are items to investigate, not confirmed defects beyond the conditions indicated in the supplied listing description.

Financing may also require additional scrutiny. Some lenders have minimum property-condition requirements, and significant deficiencies can affect mortgage approval. Buyers should speak with their lender and insurance provider early in the process to establish whether the property is eligible under their intended arrangements.

Because the property is being sold as-is, a thorough inspection and realistic repair estimate are especially important before making a financial commitment.

Is the $110,000 Asking Price Worth Investigating?

At the advertised price of $110,000 and approximately 1,487 square feet of living space, the property works out to roughly $74 per square foot.

That figure includes the land and existing improvements, so it should not be treated as a direct measure of the home’s standalone market value.

The supplied Zillow history provides additional context. The property reportedly sold for $160,000 in April 2020 and was later listed for $204,900 in October 2023. The listing subsequently underwent several price changes before being removed in February 2024.

The current asking price of $110,000 is approximately 31% below the reported 2020 sale price and about 46% below the October 2023 asking price.

These differences are noteworthy, but they do not establish that the property is undervalued. The home’s present condition, foreclosure circumstances, local market conditions, and potential rehabilitation costs could all affect its value.

A more reliable assessment would compare the property with recent sales of similar homes in the surrounding area and account for the cost of making the house safe and functional.

What Could the Total Investment Look Like?

The purchase price is only one component of the potential cost.

The following examples illustrate how different renovation budgets would affect the combined purchase and renovation amount.

Scenario	Purchase price	Hypothetical renovation budget	Combined amount
Limited repairs	$110,000	$15,000	$125,000
Moderate renovation	$110,000	$40,000	$150,000
Major rehabilitation	$110,000	$75,000	$185,000

These figures are illustrative scenarios, not contractor estimates or predictions of the property’s actual repair costs. They exclude closing costs, financing expenses, taxes, insurance, and unexpected repairs.

Actual costs could be lower or substantially higher. Problems involving the foundation, structural framing, well, septic system, or major mechanical equipment could change the total investment considerably.

Obtaining written estimates from qualified contractors would help buyers determine whether the property fits their budget and intended use.

Who Might Be Interested in This Tennessee Property?

The home may appeal to buyers who want acreage and a renovation project rather than a turnkey residence.

Hands-on renovators may see an opportunity to restore the cabin-style home while retaining its rustic character. Their decision would depend on the extent of the work and whether the existing structure is fundamentally sound.

Rural lifestyle buyers may appreciate the 5.12 acres, creek, and additional buildings, provided the home can be made safe and suitable for their needs.

Weekend retreat seekers could consider the property for future recreational use after necessary repairs, subject to legal access, insurance requirements, and applicable local rules.

Investors may wish to evaluate its resale or rental potential, but those possibilities require a realistic assessment of renovation costs, comparable sales, and local demand. No profit or rental income should be assumed based on the asking price alone.

The property may be less suitable for buyers who need a move-in-ready home, have limited funds for repairs, or are uncomfortable with the uncertainty of purchasing a distressed property.

What Buyers Should Check Before Making an Offer

Before proceeding, prospective buyers should investigate several important questions:

1. Structural condition: Are the foundation, crawlspace, framing, floors, decks, and roof in acceptable condition?
2. Well and septic: Are both systems operational, and are inspection and maintenance records available?
3. Flood risk: Is any part of the house or usable land within a mapped flood hazard area?
4. Legal access: Is the driveway supported by documented access rights, and is it usable throughout the year?
5. Outbuildings: Which structures are included, permitted, and suitable for continued use?
6. Foreclosure terms: Are there title issues, liens, occupancy concerns, or special contractual conditions?
7. Financing and insurance: Will lenders and insurers accept the property in its current condition?
8. Renovation costs: What will licensed contractors charge to address the most urgent issues?

A professional home inspection, title review, property survey, and written repair estimates can help establish the actual risks and costs involved.

Final Thoughts: A Tennessee Fixer-Upper With Acreage and a Creek

Listed for $110,000, the property at 203 Hurricane Creek Drive in Tennessee Ridge combines a three-bedroom cabin-style home, 5.12 acres, a creek, a private well, a septic system, several outbuildings, and a reported storm shelter.

That combination may make it worth investigating for buyers specifically searching for a rural renovation project.

However, the bank-owned status and as-is sale condition are significant considerations. The property’s value will depend not only on its land and existing features but also on the condition of its major systems, the extent of necessary repairs, and the total cost of making it suitable for its intended use.

For a buyer with a realistic budget and experience managing renovations, the property could offer an opportunity to create a more functional rural home. For someone expecting an inexpensive, move-in-ready residence, the costs and uncertainty may be considerably greater than the initial price suggests.

The sensible first step is to establish the property’s actual condition and obtain reliable repair estimates before deciding whether the asking price makes financial sense.

If you’re interested in learning more about this property, please contact the listing agent through the Zillow link provided below the original property photos.

View the original property listing on Zillow: 203 Hurricane Creek Dr, Tennessee Ridge, TN 37178