LAUDERDALE COUNTY, TN | 0.44 acres of Lakefront! | Power & Water | Boater & Angler’s Dream For Sale

Own This Property for $7k Down + $895/month – No Bank, No Credit Check!

Tennessee Land for Sale on Chisholm Lake

Opportunities like this are exactly what land buyers and investors look for: affordable LAKEFRONT land, paved road frontage, and utilities conveniently located along the road.

• 87′ of Shoreline on Chisholm Lake
• No Restrictions!
• Very Buildable: Flat, Mostly Cleared, Very Little Wetlands
• Paved Road Frontage
• Power and Water Available
• Peaceful, Established Neighborhood
• Surveyed
• The Only Available Lakefront Lot in the Region & Discount-Priced!
• Owner Financing Available: $7 Down and $895/month — No Bank or Credit Check

This vacant property offers a peaceful setting on Chisholm Lake with paved access and both power and water available along the road, making future development more convenient. Whether you are looking for a future homesite, a private weekend retreat, or an affordable long-term land investment, this property offers flexibility and strong potential at an accessible price point.

The nearby Chisholm Lake Store Restaurant provides convenient access to meals and basic supplies, while downtown Ripley is only a short drive away for shopping, dining, and everyday necessities. The Memphis metropolitan area is also within easy reach, giving buyers a quiet rural setting without being too far from major-city conveniences.

With attractive water views, nearby utilities, paved frontage, affordable annual HOA fees, and flexible owner financing, this Tennessee property offers an excellent opportunity to secure land in an established lakeside community at an unbeatable Acretown price!

Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you. We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!

Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!

After opening this map, you may see even more information about the area by clicking on the Layers & Basemaps button at top right.

• LOT 3
• CASH PRICE: $29,900
• OWNER FINANCED DEAL: $7k down, $895/month – no bank, no credit check (see full details in FINANCING section below)
• ADDRESS (street # estimated – use GPS for navigation): 56 Chisholm Lake Rd, Ripley, TN 38063
• SIZE: 0.44 acres
• GPS COORDINATES: 35.846615, -89.608346
• PARCEL #: 043-004.01
• FULL LEGAL DESCRIPTION: view here
• PLAT MAP/SURVEY: view here (get County’s boundary/KML file here – opens in Google Earth)
• TITLE: General Warranty deed (clean – no back taxes, no liens)
• MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)
• DIMENSIONS (approximate): starting at NE corner, 74′ S (along road) x 239′ W x 87′ N (along lakeshore) x 235′ E to POB
• FLOODPLAIN: lies entirely within 100 year floodplain
• WETLANDS: 0.06 acres along lakeshore
• ELEVATION: 253 feet
• TERRAIN: flat
• CONDITION: undeveloped, clearings with some mature trees
• ACCESS: 74 feet of direct paved road frontage along Chisholm Lake Rd
• POWER: available thru Forked Deer Electric Cooperative, Inc (731) 836-7508
• WATER: available thru Lauderdale County Water (731) 635-2711
• WASTEWATER: septic system would need to be installed
  • The built-in savings you receive on all Acretown properties frees up extra money to install a variety of conventional and more modern, non-conventional septic systems, like mound systems, pressurized dosing, plastic chamber leach fields, aerobic treatment, etc. (which have become popular solutions in rare cases of non-satisfactory perc tests).
• TAXES: $70 in 2025
• HOA: Chisholm Lake Outing Club (memberships no longer available for clubhouse)
• HOA FEES: $350 per year for road maintenance
• ZONING: no zoning, NO RESTRICTIONS – do what you want with your land!
  • homes and accompanying outbuildings such as garages, workshops, barns are all OK
    • no size/height restriction on homes/structures on the lot
    • no setback requirements
    • no time limit to build – leave the lot as-is for as long as you want or need
  • RVs, campers, mobile homes, cabins, tiny homes are all OK
  • animals, livestock, etc OK
  • no HOA or CC+R’s
  • or, simply leave it as-is and enjoy being surrounded by nature!
• SCHOOL DISTRICTS: Ripley (Elementary) – Ripley (Middle School) – Ripley (High School)
• NEAREST CITIES: Ripley < Memphis
• NEAREST AIRPORTS: Dyersburg Regional Airport (38 mins), McKellar-Sipes Regional Airport (1 hr 5 mins), Memphis International Airport (1 hr 18 mins)
• COUNTY GOVERNMENT:
  • Assessor: (731) 635-9561
  • Treasurer: (731) 635-0712
  • Recorder: (731) 635-2171
  • Clerk: (731) 635-2561
  • County GIS

READY TO TAKE THE NEXT STEP?

Reserve this property for 24 hours while you review the agreement.

$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION

coming soon . . .

OWNER FINANCING: We do offer owner financing under the following terms:

• Owner Financed Price = $33,300
• Down Payment = $7,000
• Monthly Payment = $894.78
• Term = 3 years (36 months)
• Interest Rate = 10.9%
• No Pre-Payoff Penalty!
• No Bank, No Credit Check!

We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! Or you don’t have the full payment now but expect to have it within the next 90 days? We may be able to custom design an installment plan that works for you, so just reach out to us and ask. If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!

OUTSIDE FINANCING: Your best deal for third-party financing will probably come from Rural 1st or Farm Credit Mid-America and their details are below:

Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve Tennessee.

Farm Credit Mid America is one of the best local land lenders in the area for rural properties and they require as little as 10% down up to a 30-year term, with interest rates as low as 7.55%, with no pre-payoff penalties. Please contact them by phone at 731-635-5002 or visit their nearest office for more information: 800 US 51 N, Ripley, TN.

At this price range though, a personal loan from your bank or credit union is probably the easiest and quickest way to secure financing.

This scenic property sits near Chisholm Lake, a historic oxbow lake renowned among local anglers for its excellent crappie and bass fishing just 1 minute away. For more outdoor adventures, outdoor enthusiasts can explore the Chickasaw National Wildlife Refuge, which offers vast forested wetlands perfect for wildlife viewing and seasonal hunting just 15 minutes from the property. Additionally, Fort Pillow State Historic Park lies 35 minutes away, featuring well-preserved Civil War breastworks and scenic hiking trails overlooking the Mississippi River. For daily needs, the nearby town of Ripley is 16 minutes away and serves as the closest destination for groceries and a local Walmart. For a broader array of urban amenities, the major city of Memphis is a drive of 1 hour 10 minutes to the south.

NEARBY – Chisholm Lake (in your backyard!), Chickasaw National Wildlife Refuge (15 mins), Fort Pillow State Historic Park (35 mins), Lower Hatchie National Wildlife Refuge (30 mins), Alex Haley House Museum (24 mins), Ripley City Park (18 mins), Lauderdale County Lake (25 mins), Open Lake (15 mins), Reelfoot National Wildlife Refuge (55 mins), Veterans Park (16 mins), and more!

RIPLEY (16 mins), nearest city with Walmart

• RETAIL – Walmart, Kroger, Dollar General, Dollar Tree, Family Dollar, and more!
• RESTAURANTS – McDonald’s, Wendy’s, Taco Bell, Sonic Drive-In, Olympic Steak House, and more!
• MEDICAL SERVICES? Yes, Lauderdale Community Hospital, Baptist Memorial MedGroup Ripley, Walgreens Pharmacy, and more.
• RECREATIONAL – Ripley City Park, Veterans Park, Lauderdale County Lake, Alex Haley Museum & Interpretive Center, Fort Pillow State Historic Park, and more!

MEMPHIS (1 hr 10 mins), nearest major city

You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.

DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.

• From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
• You can also click “Send to Phone” if you’re viewing this on your computer
• And “Save” to download the directions so they’ll still work if you lose cell service.

If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 35.846615, -89.608346

WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .

1. Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
2. Open Google Earth
3. Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).

Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.

Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.

FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.

WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.

Hundreds of buyers have successfully purchased land from Acretown. This simple reservation just holds the property while you review the agreement.

$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION