Fantastic rental/income opportunity just outside of Independence! This 3 bed / 1 bath home is ready for your finishing touches and would be a great investment property. Located just outside the town limits of Independence, this 0.85 acre property fronts on both U. S. 58 and Pleasant Grove Road. Property has been undergoing recent updates and includes a new bathroom, newer paint and some exterior cleaning. The kitchen has been gutted, but new cabinets, countertops, sink and appliances will convey with the home for easy renovation completion. A heat pump unit has been purchased, but not installed, and will also convey. Home has been a HUD rental in the past and could easily be again. With the convenient location, this would also make a great short term rental property or full-time residence for the buyer wanting to truly make it their own.
Single-familyProperty Type
1948Year Built
0.85 acresLot Size
$113Est. Price/Sq.Ft.
Listed by Sara Baker• Tri-County Real Estate
Contact: 2767733632
Bought with Mitchell Cornett• Collins and Associates Realty
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Earn from this home
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Rent
$1,953/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 39 Pleasant Grove Rd
Date
Event
Price
SWVAR #80192
Mar 7, 2022
Sold
$35,000
$27/sq ft
Sep 27, 2021
Listed
$55,000
$43/sq ft
SWVAR #76429
Jul 16, 2021
Sold
$35,000
$27/sq ft
Nov 30, 2020
Listed
$44,900
$35/sq ft
This is a true fixer upper. The house has new kitchen cabinets, sink and ceiling fan for kitchen but not installed. House needs remodeling inside. Great corner lot for business. House was a HUD approved rental home before seller started remodeling.
Public Records
Dec 21, 2001
Sold
$39,000
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$280 (−25.9%)
$14,000 + $55,900
$69,900
2024
$377 (−36.4%)
$14,000 + $55,900
$69,900
2023
$593
$14,000 + $55,900
$69,900
2022
$593 (+11.6%)
$14,000 + $55,900
$69,900
2021
$532 (+1.0%)
$14,000 + $39,500
$53,500
2020
$526 (+2.1%)
$14,000 + $39,500
$53,500
2019
$516 (+23.3%)
$14,000 + $39,500
$53,500
2018
$418
$14,000 + $39,500
$53,500
2017
$418 (+56.0%)
$14,000 + $39,500
$53,500
2012
$268
$15,000 + $39,700
$54,700
Tax history for 39 Pleasant Grove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$280 (−25.9%)
$14,000 + $55,900
$69,900
2024
$377 (−36.4%)
$14,000 + $55,900
$69,900
2023
$593
$14,000 + $55,900
$69,900
2022
$593 (+11.6%)
$14,000 + $55,900
$69,900
2021
$532 (+1.0%)
$14,000 + $39,500
$53,500
2020
$526 (+2.1%)
$14,000 + $39,500
$53,500
2019
$516 (+23.3%)
$14,000 + $39,500
$53,500
2018
$418
$14,000 + $39,500
$53,500
2017
$418 (+56.0%)
$14,000 + $39,500
$53,500
2012
$268
$15,000 + $39,700
$54,700
*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
0.85 Acres
Year renovated
1980
Sq. Ft.
1,274
Year built
1948
Style
Single Family Residential
County
Grayson County
APN
74 - A- - 104
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: None
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Has Heating
Heating: Oil
Interior Features
Interior Features: Ceiling Fan(s)
Window Features: Insulated Windows
Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
Flooring: Wood
Fireplace Features: None
Room Information
Laundry Features: Main Level
Basement Details: Crawl Space, Block
Exterior
Exterior Features
Patio And Porch Features: Deck, Covered, Porch
Roof: Metal
Building Information
Levels: One
Construction Materials: Vinyl Siding
Foundation Details: Block
Property Features
Accessibility Features: Therapeutic Whirlpool
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Lot Features: Corner Lot, Level, Sloped, Steep Slope
Lot Size Acres: 0.85
Zoning Description: Rural Farm
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
HOA Information
Association Amenities: None
Schools Information
Elementary School: Independence
Middle Or Junior School: Grayson County
High School: Grayson County
Location Information
Directions: From the stoplight in Independence at the intersection of U.S. 58 and U.S. 21, head east on U.S. 58 for 3.3 miles. Turn right on Pleasant Grove Road and the property is immediately to your left.
Subdivision Name: N/A
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,274
Stories: 1.0
Lot Size: 0.85 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1980
County: Grayson County
APN: 74 - A- - 104
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
AttributionContact: 2767733632
Around this home
Schools
Independence Elementary School
Public PreK-5 • Assigned • 2.4mi
5/10
Independence Middle School
Public 6-8 • Assigned • 2.8mi
7/10
Grayson County High School
Public 9-12 • Assigned • 2.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 68-76% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.77% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over 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.