3725 WAX MYRTLE DR, Memphis, TN 38115
HEATHER RIDGE PUD PHASE 2 · Shelby County
Key Facts
Description
This property has a projected monthly rent of $975. Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and resale potential. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Traditional
Year Built
1985
Stories
2
Living Area
1,333 sq ft
Lot Size
0.06 acres
Days on Market
226
MLS® Listing#
10210038
Property Features
Cooling
Heating
Flooring
Pool
Parking
Lot Features
Financial Details
Annual Taxes
$978
Parcel Number
093417 R00029
Directions
From Winchester Rd, head south to Clarke Rd, then head west to Tulip Tree Dr, then head south to Wax Myrtle Dr. The house is on the right.
Affordability Calculator
$21,600
Estimated monthly payment
$575/mo
Principal $86,400 · Est. interest $120,536 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,432
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 2,906
- Active Listings
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Getting Around
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Resurrection
School · 0.4 mi away
Compass Community School Hickory Hill Campus
Elementary · 0.4 mi away
Newberry Elementary School
Elementary · 0.5 mi away
Power Center Academy Elementary School
Elementary · 0.5 mi away
Hickory Ridge Elementary School
Elementary · 0.8 mi away
Professional Allied Health LLC
Secondary · 0.9 mi away
Wooddale Middle School
Secondary · 0.9 mi away
Wooddale High School
Secondary · 1.1 mi away
Cromwell Elementary School
Elementary · 1.1 mi away
SE Academy Private School
Elementary · 1.2 mi away
Memphis School of Excellence Winchester
Secondary · 1.2 mi away
Winridge Elementary School
Elementary · 1.3 mi away
Hickory Ridge Middle School
Secondary · 1.3 mi away
Memphis School of Excellence
Elementary · 1.4 mi away
Alpha Christian Academy
School · 1.4 mi away
Fox Meadows Elementary School
Elementary · 1.5 mi away
Belle Forest Community School
Elementary · 1.5 mi away
Crump Elementary
Elementary · 1.6 mi away
Cornerstone Prep School
Elementary · 1.6 mi away
Evans Elementary
Elementary · 1.9 mi away
Commute Calculator
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|---|---|---|---|---|
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| 3967 GRAHAMDALE CIR 3967B, Memphis, TN | $77,900 | 3 | — | 1,344 |
| 3989 GRAHAMDALE CIR 3989A, Memphis, TN | $77,900 | 3 | — | 1,362 |
| 3989 GRAHAMDALE CIR 3989A, Memphis, TN | $77,900 | 3 | 2 | 1,362 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: Foundation Property Management