Single-Family
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Drivers Subdivision Rd
Prospect, TN 38477

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Overview

This Single-Family Foreclosure is located at Drivers Subdivision Rd, Prospect, TN 38477. This property is currently bank owned.
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Status: Active
Listing ID: 65393228
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Homes near Drivers Subdivision Rd in Prospect, Tennessee


Learn about Drivers Subdivision Rd in Prospect, TN

This single-family property is available as a foreclosure at Drivers Subdivision Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Prospect, specifically for Drivers Subdivision Rd and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Drivers Subdivision Rd are updated daily along with others in Prospect, Tennessee, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Drivers Subdivision Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Drivers Subdivision Rd in Prospect Tennessee Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Drivers Subdivision Rd
View Foreclosure Status
05/08/26
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
01/17/26
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Prospect, TN like?

Prospect is a small rural community in southern Giles County, Tennessee, positioned near the Alabama state line and within practical driving distance of Pulaski, Elkton, Ardmore, and Huntsville. The area appeals to buyers looking for acreage, privacy, agricultural land, and lower-density living while still maintaining access to regional employment and services.

Housing in and around Prospect is typically oriented around single-family homes, farmhouses, manufactured homes, and larger land parcels rather than dense subdivision development. For investors, the community may be most attractive for long-term land holds, rural rentals, small agricultural uses, and properties serving buyers who want space outside larger city markets.

Daily errands are generally handled in nearby Pulaski, Ardmore, or Athens, Alabama, with additional shopping, medical, and employment options available in Huntsville. Interstate 65 access nearby strengthens Prospect's regional connectivity, making it a quiet residential base for commuters and households seeking a Tennessee address close to North Alabama job centers.

Nearby Schools

There are 6 schools in the area. Nearby schools include Elkton Elementary School and Southside Elementary School.

Elkton Elementary School
Southside Elementary School
Bridgeforth Middle School
Giles County High School
Richland School
University of Tennessee Southern

Nearby Attractions

There are plenty of activities near this property like Downtown Pulaski shops, restaurants, and county services, Southern Tennessee Regional Health System Pulaski, and more.

Downtown Pulaski shops, restaurants, and county services
Southern Tennessee Regional Health System Pulaski
University of Tennessee Southern
Giles County Public Library
I-65 access for travel toward Nashville, Huntsville, and Birmingham
Retail and services in Ardmore, TN/AL

What kind of public transportation is there?


Public transportation options include: Limited public transportation compared with urban markets, Regional demand-response transportation may be available through local or South Central Tennessee transit services, Most residents rely on personal vehicles, Interstate 65 and U.S. Highway routes provide regional auto access. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include David Crockett State Park, Sam Davis Park in Pulaski and more.

David Crockett State Park
Sam Davis Park in Pulaski
Rotary Park in Pulaski
Elk River access areas
Richland Creek greenway and recreation areas

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

AT&T
Verizon
T-Mobile
UScellular

Internet Providers

AT&T Internet
Spectrum
Ardmore Telephone Company
Starlink
Viasat
HughesNet
Rental Chart
View Rental and Market Value
for Drivers Subdivision Rd in Prospect Tennessee
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Property Information

Foreclosure

The property located at Drivers Subdivision Rd in Prospect, TN is listed as a Foreclosure

Properties like Drivers Subdivision Rd in Prospect, Tennessee listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Prospect, TN. The longer lenders own properties like this on Drivers Subdivision Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Legal Information

Credit Information Center

County Information

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Listing History

Foreclosure
05/08/26 - Present

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Active

Preforeclosure

JPMORGAN CHASE BANK NA

01/17/26 - 02/26/26

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Similar Homes Nearby Prospect, TN


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Drivers Subdivision Rd
Prospect, TN 38477

Single-Family

 

Status: Active Listing ID: 65393228

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Listing URL

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