4948 Roane Rd, Memphis, TN 38117

--beds

--baths

0.7Acres

Unimproved Land

Built in ----

0.7 Acres Lot

$469,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Refined quiet neighborhood

Nestled within a prestigious and highly sought-after enclave, this immaculate, cleared, and surveyed lot presents a rare opportunity to build a bespoke estate in one of the area’s most established communities. Situated on a quiet, dead-end cove, the property offers exceptional privacy and a serene setting surrounded by mature homes and landscaping. Utilities are already available at the street, providing a seamless path to bringing your vision to life. A truly rare offering in a refined, quiet neighborhood where opportunities like this are few and far between.Fabulous, exclusive house design plans are available at no cost to the buyer, if desired. Sellers are relocating out of state.

3 days

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Facts & features

Property

Lot

Size: 0.7 Acres
Dimensions: 311 x 220
Features: City Lot, Corner Lot, Cove, Pie Shaped Lot
Topography: Level

Details

Parcel number: 056015 00009
Zoning: Res
Zoning description: Adjacent Area: Single Family

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected

Community & HOA

Community

Subdivision: Shady Grove Road

Location

Region: Memphis

Financial & listing details

Tax assessed value: $588,500
Annual tax amount: $7,755
Date on market: 4/1/2026
Listing terms: Conventional,FHA,Other (See Remarks),VA Loan
Electric utility on property: Yes
Road surface type: Dirt

Estimated market value

$469,600

$390,000 - $559,000

$3,213/mo

Price history

Date	Event	Price
4/1/2026	Listed for sale	$450,000+5.9%
Source: MAAR #10218175 Report a problem
7/9/2025	Sold	$425,000-5.6%
Source: MAAR #10196508 Report a problem
6/12/2025	Pending sale	$450,000
Source: MAAR #10196508 Report a problem
6/6/2025	Price change	$450,000-3.2%
Source: MAAR #10196508 Report a problem
5/22/2025	Listed for sale	$465,000
Source: MAAR #10196508 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,755 +0.4%	$147,125 +25.5%
2024	$7,721 +8.1%	$117,250
2023	$7,142	$117,250
2022	--	$117,250
2021	--	$117,250 +28%
2020	$2,927	$91,575
2019	$2,927 -21.1%	$91,575
2018	$3,709 -45.1%	$91,575
2017	$6,760 +114.9%	$91,575 -1%
2016	$3,146 +18.5%	$92,525
2014	$2,654	$92,525
2013	--	$92,525 +11.2%
2012	--	$83,225
2011	--	$83,225 -20.6%
2010	--	$104,875
2009	--	$104,875 +20.9%
2008	--	$86,725
2007	--	$86,725
2006	--	$86,725 -20.3%
2005	--	$108,750 +47.2%
2004	--	$73,875
2003	--	$73,875
2002	--	$73,875 -12.7%
2001	--	$84,575 +50.3%
2000	--	$56,275

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.

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