Tennessee land underwriting

Not legal or tax advice

Property tax rules

Rules used: Tennessee state module · reviewed by Attorney Bot (AI) on 2026-10-12 · not legal or tax advice.

Farm and residential land is assessed at 25% of appraised value; vacant land is classified by its immediate most suitable economic use (§ 67-5-801(c)), so commercial-use vacant land is assessed at 40%.

Local rates use the $ per $100 unit. Enter the combined rate from the county bill.

No statewide exemption amount is applied. Enter dollar exemptions from the county tax bill.

Greenbelt rollback recaptures 3 years (ag/forest) or 5 years (open space); the seller owes it unless the contract says otherwise (§ 67-5-1008(f)).

Delinquent tax accrues 1.5% interest on March 1 and the 1st of each later month.
A county over 800,000 people with a different due date may set its own interest start date, and one county (population 24,600–24,700) may cut interest to 12%/yr (§ 67-5-2010). AcreMath uses the statewide schedule.
Once a tax-lien suit is filed, a 10% penalty is added on the base delinquent tax (not interest) (§ 67-5-2410).
One county (population 382,000–382,100) may adopt a 20% penalty instead of 10%. Sheriff ($7.50 service), clerk and court costs (title exam, publication, survey) are extra and not computed (§ 67-5-2410).
Redemption runs from the order confirming the sale: 1 year if delinquent ≤5 years; 180 days if >5 and <8 years; 90 days if 8+ years; 30 days if vacant/abandoned. The redeemer pays 12%/yr on the purchase price (§ 67-5-2701).

How it works: methodology.

Counties and equivalents from the Census 2020 (national_county2020.txt). Start a deal in any county.