under $150,000 cheap property Buhl Idaho
$
20,000
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Buhl, Idaho
1296 E 4400 N
5
Beds
3
Baths
2961
Sq Ft
1979
Built

Acreage, Creek

1979 Buhl Acreage: 5 Beds, Two Creeks, Shop, Corral — $20,000 Auction Floor

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%85.89 acres, two creeks, 5BR/3BA at 2961 sqft, shop, corral — strong rural package
Condition25%5"Ready for TLC and updating" — needs work, no system dates, no renovation history
Price / Sq Ft15%10Auction floor $7/sqft vs $180/sqft zip median — not a real comparison; price unknown
Price vs. Market5%10Auction starting price only; actual sale price likely near or above $367K zip median
Market Conditions5%5DOM 11 vs median 35; sale-to-list 100.5%; 57.6% price drops — mixed signals, floor applied

Two creeks run through this property. That's the thing. Mud Creek and Silver Creek both cross the 5.89 acres, which means you're looking at year-round water on the land itself, not just nearby. For anyone who wants horses, animals, or a serious garden, that changes the math considerably.

The house is 2,961 square feet with five bedrooms and three bathrooms, built in 1979. It needs work. The listing says it's ready for TLC and updating, and there's no information about when anything was last touched mechanically or cosmetically, so you'd be going in blind on systems. That's the reality of this one. The square footage is real and the bones are there, but budget for a significant renovation before you know what you actually have.

Outside the house, the setup is genuinely useful for rural life. There's a large shop with equipment bays, a horse corral, and nearly six acres to work with. If you're coming from somewhere more constrained, the combination of that much land with infrastructure already in place, water on the property, and space for animals would normally cost you considerably more.

About the price: $20,000 is the auction starting bid, not the sale price. This goes to auction on October 1st, and comparable properties in the zip code have been selling around $367,000. What you're really looking at here is a question of what this specific property, in its current condition, fetches on the day. It could sell for less than comparables because of the work it needs. It could sell close to them because of the land and water. You won't know until the auction closes.

What the land makes possible is a working rural setup with room for horses, a large shop for equipment or a business, and two sources of running water. The house you'd have to earn. The land is already there.

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