This beautifully renovated home sits on 1.48 acres and is in the middle of the town of Independence. You have 3 bedrooms and 2 full baths, an eat-in kitchen, livingroom, and a spacious bonus room/laundry room all on the main level. There's an attached 2 car garage, and a circle drive for easy turn-around. You have a beautiful covered porch over looking the town of Independence, and are within walking distance to everything Independence has to offer. You're only about 5 miles ifrom the New River, and only about 1.5 miles from the beautiful waterfall known as Peach Bottom Falls, which you can drive right up to. Fiber-optic internet is available here as well! Call today!
Single-familyProperty Type
1940Year Built
1.48 acresLot Size
$161Est. Price/Sq.Ft.
2 car garageParking
Listed by Keith Clark• Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
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Earn from this home
Rent
$2,066/mo
Redfin rental estimate
List your home for rent
Market trends in 24348, VA
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
93.8%
1.8% MoM
Median sale price
$311K
$21K MoM
Avg. days on market
57d
7 days MoM
Recently sold homes
6
1 MoM
Provided by Redfin
Sale history for 261 Powerhouse Rd
Date
Event
Price
Public Records
Mar 15, 2023
Sold
$182,000
$131/sq ft
SWVAR #85429
Mar 15, 2023
Sold
$185,000
$133/sq ft
Feb 17, 2023
Contingent
—
Feb 1, 2023
Listed
$200,000
$143/sq ft
+70
This beautifully renovated home sits on 1.48 acres and is in the middle of the town of Independence. You have 3 bedrooms and 2 full baths, an eat-in kitchen, livingroom, and a spacious bonus room/laundry room all on the main level. There's an attached 2 car garage, and a circle drive for easy turn-around. You have a beautiful covered porch over looking the town of Independence, and are within walking distance to everything Independence has to offer. You're only about 5 miles ifrom the New River, and only about 1.5 miles from the beautiful waterfall known as Peach Bottom Falls, which you can drive right up to. Fiber-optic internet is available here as well! Call today!
NRVMLS #417176
Mar 16, 2023
Sold
$185,000
$133/sq ft
Feb 28, 2023
Pending
—
Feb 1, 2023
Listed
$200,000
$143/sq ft
Public Records
Feb 1, 2023
Sold
$209,000
$150/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$262 (−25.9%)
$11,000 + $54,500
$65,500
2024
$354
$11,000 + $54,500
$65,500
2023
$354
$11,000 + $54,500
$65,500
2022
$354
$11,000 + $54,500
$65,500
2021
$354 (+1.7%)
$11,000 + $49,000
$60,000
2020
$348 (+3.6%)
$11,000 + $49,000
$60,000
2019
$336 (+14.3%)
$11,000 + $49,000
$60,000
2018
$294
$11,000 + $49,000
$60,000
2017
$294 (−1.7%)
$11,000 + $49,000
$60,000
2012
$299
$12,000 + $49,200
$61,200
Tax history for 261 Powerhouse Rd
Year
Property tax
Land + Additions
Assessment*
2025
$262 (−25.9%)
$11,000 + $54,500
$65,500
2024
$354
$11,000 + $54,500
$65,500
2023
$354
$11,000 + $54,500
$65,500
2022
$354
$11,000 + $54,500
$65,500
2021
$354 (+1.7%)
$11,000 + $49,000
$60,000
2020
$348 (+3.6%)
$11,000 + $49,000
$60,000
2019
$336 (+14.3%)
$11,000 + $49,000
$60,000
2018
$294
$11,000 + $49,000
$60,000
2017
$294 (−1.7%)
$11,000 + $49,000
$60,000
2012
$299
$12,000 + $49,200
$61,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
1960
Sq. Ft.
1,394
Year built
1955
Style
Single Family Residential
County
Grayson County
APN
73A2- A- - 63
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Asphalt, Attached
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Forced Air, Oil
Interior Features
Window Features: Window Coverings
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring: Vinyl
Room Information
# of Rooms Total: 6
Basement Details: Crawl Space
Exterior
Exterior Features
Patio And Porch Features: Porch
Roof: Shingle
Building Information
Above Grade Finished Area: 1,394
Levels: One
# of Stories Total: 1
Construction Materials: Vinyl Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Detached
Lot Information
Lot Size : 64468.8
Lot Size Acres: 1.48
Financial
Tax Information
Tax Annual Amount: $474.54
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
School District: Grayson County
Elementary School: Independence
Middle Or Junior School: Independence
High School: Grayson County
Location Information
Directions: 77S Exit 14: Turn Right on Carrollton Pike and continue 24 miles. Then turn right on Bond Ave, and immediately on Powerhouse Rd. Go 0.2 miles to house on left, see sign.
Subdivision Name: None
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,394
Stories: 1.0
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1960
County: Grayson County
APN: 73A2- A- - 63
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Independence Elementary School
Public PreK-5 • Assigned • 0.4mi
5/10
Independence Middle School
Public 6-8 • Assigned • 0.2mi
7/10
Grayson County High School
Public 9-12 • Assigned • 0.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
3/10 Heat Factor
8 days above 91° expected this year, 22 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Independence, VA • 24348
Average low and high temperatures (°F)
38
23
46
30
60
39
67
48
69
52
78
61
81
66
76
60
72
55
64
45
55
39
45
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.