Prime Development Opportunity | 3.31 Acres Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future plans. Its strong street access, generous footprint, and development potential make this property especially attractive for builders, investors, or buyers looking to create something with long-term value. Whether you’re exploring a small residential project or holding land in a growing area, this tract offers a solid foundation and visibility that is hard to find.
Lot/land
$59,900
1163 W Raines Rd, Memphis, TN 38109
--beds
--baths
3.31Acres
Unimproved Land
Built in ----
3.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strong street accessGenerous footprint
- 4 days |
- 140 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2026 at 07:30pm
Listed by:
Terrance A Hill,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10218470
Facts & features
Property
Lot
- Size: 3.31 Acres
- Dimensions: 300 x 400
- Features: Hillside, City Lot, Regular
- Topography: Level,Rolling
Details
- Parcel number: 082027 00076
- Zoning: R-6 Re
- Zoning description: Adjacent Area: Agriculture
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Union Central Life Ins Co
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $17,400
- Annual tax amount: $229
- Date on market: 4/4/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$929/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Listed for sale | $59,900-11.9% |
Source: | ||
| 10/1/2025 | Listing removed | $68,000 |
Source: | ||
| 9/5/2024 | Listed for sale | $68,000 |
Source: | ||
| 5/21/2024 | Listing removed | $68,000-12.8% |
Source: | ||
| 4/16/2024 | Price change | $78,000-13.3% |
Source: | ||
| 8/23/2023 | Listed for sale | $90,000+592.3% |
Source: | ||
| 7/26/2019 | Sold | $13,000-35% |
Source: | ||
| 7/3/2019 | Price change | $20,000-33.3% |
Source: BEST Real Estate Company #10050008 Report a problem | ||
| 5/1/2019 | Price change | $30,000-50% |
Source: First National Realty, REALTOR #10050008 Report a problem | ||
| 4/10/2019 | Listed for sale | $60,000+500% |
Source: First National Realty, REALTOR #10050008 Report a problem | ||
| 2/4/2019 | Sold | $10,000+81.8% |
Source: Public Record Report a problem | ||
| 8/19/2015 | Sold | $5,500 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $229 -0.5% | $4,350 +24.3% |
| 2024 | $230 +8.1% | $3,500 |
| 2023 | $213 | $3,500 |
| 2022 | -- | $3,500 |
| 2021 | -- | $3,500 +10.2% |
| 2020 | $101 | $3,175 |
| 2019 | $101 -21.1% | $3,175 |
| 2018 | $129 -45.1% | $3,175 |
| 2017 | $234 +117.1% | $3,175 |
| 2016 | $108 -36.1% | $3,175 |
| 2014 | $169 | $3,175 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 3/10Double Tree Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Westwood Middle/ High SchoolGrades: 9-12Distance: 1 mi
Local experts in 38109
- Tennessee
- Shelby County
- Memphis
- 38109
- White Haven-Coro Lake
- 1163 W Raines Rd
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Nearby neighborhoods
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