2 years on rocket

0 Ray Ln, Covington, TN, 38019

$1,500,000

74.08 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10133821
Lot Size74.08 Acres
StatusActive

About 0 Ray Ln

75 acres for sale within 30 minutes of Blue Oval City!!

Property Details

Property Features

Listing Office:

  • Office Name: MidSouth Residential, LLC

Lot Features

Lot Information:

  • Lot Size: 74.08 Acres

Other

Directions Information:

  • Directions: heading down the covington square travel about 2 miles on 54 hwy. then Turn left onto ray ln. land will be on immediate right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
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Housing Market Comparison

See how this home compares to others in Covington, TN.

Med. Sold Price

$191.7K

# of Sold Homes

6

0 Ray Ln vs Covington

820 DAYS ON ROCKET

$1,500,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Covington, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10133821

Listing Office:

  • Office Name: MidSouth Residential, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4252134
3
/10
  • Crestview Elementary School

  • 151 Mark A Walker Blvd

  • 2.47 miles

  • Public District Grades PK-5

school-card-donut-4252135
3
/10
  • Austin Peay Elementary School

  • 474 Academic Dr

  • 7.26 miles

  • Public District Grades PK-5

school-card-donut-4252136
5
/10
  • Brighton Elementary School

  • 1201 Old Highway 51 S

  • 9.33 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,380. Typical income of Covington, TN residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Ray Ln

What is the listing price of this property?

The listing price of 0 Ray Ln property is $1,500,000.

What type of property is this?

The property 0 Ray Ln is land located in Covington, Tennessee, 38019.

Is this property for sale now?

Active Listing: 0 Ray Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Ray Ln is 74.08 acres.
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Rocket HomesTennesseeTipton CountyCovington380190 Ray Ln

This home is located at 0 Ray Ln in Covington, TN and zip code 38019. This home sits on a 74.08 acre lot. It has been listed on Rocket Homes since September 20, 2022 and is currently priced at $1,500,000.

In November 2024 more than 0 listings in Covington, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. Between October 2024 and November 2024, Covington, TN real estate market has seen increase in the number of listings by 6.3%.

From Rocket Homes Real Estate and based on county public records data.

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