Fixer-Upper with Huge Potential on 12 Secluded Acres – Palmyra, TN
Address: 3755 Possum Hollow Rd., Palmyra, TN 37142.
Looking for a peaceful escape with endless possibilities? This 3-bed, 2-bath home sits on nearly 12 private acres on the charming Possum Hollow Rd. in Palmyra, TN. The property is in need of repairs, but the potential is undeniable. Whether you’re an investor, flipper, or someone with a vision, this could be the perfect canvas for your dream home.
Highlights:
• Almost 12 acres of wooded and open land – private and serene.
• Space to expand: potential to add square footage or a garage
• Great opportunity to create a custom retreat or high-value investment.
• Price reflects potential post-rehab value, with room to negotiate for repair needs.
With the right vision and updates, this property could truly shine. Also, there is power and water located at the out building. Whether you’re looking to renovate and resell or create a long-term homestead, this is a must-see.
Active
Price cut: $10K (12/4)
$335,000
3755 Possum Hollow Rd, Palmyra, TN 37142
3beds
1,830sqft
Est.:
Single Family Residence, Residential
Built in 2006
11.83 Acres Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
- 259 days |
- 557 |
- 13 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 01:46pm
Listing Provided by:
David D Greene 931-801-8556,
Crye-Leike, Inc., REALTORS 931-648-2112
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2817756
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: None,Crawl Space
Interior area
- Total structure area: 1,830
- Total interior livable area: 1,830 sqft
- Finished area above ground: 1,830
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 11.83 Acres
Details
- Parcel number: 063139 00503 00020139
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Palmyra
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $422,400
- Annual tax amount: $1,547
- Date on market: 4/14/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $335,000-2.9%$183/sqft |
Source: | ||
| 10/29/2025 | Price change | $345,000-2.8%$189/sqft |
Source: | ||
| 9/29/2025 | Price change | $355,000-2.7%$194/sqft |
Source: | ||
| 8/28/2025 | Price change | $365,000-2.7%$199/sqft |
Source: | ||
| 7/28/2025 | Price change | $375,000-5.8%$205/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,218 +43.3% | $105,600 +104.1% |
| 2023 | $1,547 | $51,750 |
| 2022 | $1,547 +0% | $51,750 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,863/mo
Principal & interest
$1587
Property taxes
$159
Home insurance
$117
Climate risks
Neighborhood: 37142
Nearby schools
GreatSchools rating
- 7/10Cumberland Hghts Elementary SchoolGrades: PK-5Distance: 9.1 mi
- 7/10Montgomery Central Middle SchoolGrades: 6-8Distance: 8.9 mi
- 6/10Montgomery Central High SchoolGrades: 9-12Distance: 8.8 mi
Schools provided by the listing agent
- Elementary: Montgomery Central Elementary
- Middle: Montgomery Central Middle
- High: Montgomery Central High
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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