This is your opportunity to build your dream home! Great location in the Coro Lake community! Own this lot and the one next door! Both land lots totaling 1 acre! Contact Kirsten for more details.
Property Details
Property Features
Listing Office:
Office Name: Ken Hall Realty
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.45 Acres
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: From Clement go toward Longcrest Road turn left on longcrest, right onto Hill dr then a left on Des Arc. Home is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $25,000
Tax Information:
Annual Amount: $1,175
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$192
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
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.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school15.28 miles
Public District Grades 6-12
Nearby Schools
4
/10
Double Tree Elementary School
4560 Double Tree Rd
Distance between this listing and this school0.98 miles
Public Magnet Grades PK-5
2
/10
Levi Elementary School
135 W Levi Rd
Distance between this listing and this school3.18 miles
Public District Grades PK-5
4
/10
Ford Road Elementary School
3336 Ford Rd
Distance between this listing and this school3.68 miles
Public District Grades PK-5
Nearby Schools
2
/10
Chickasaw Middle School
4060 Westmont Rd
Distance between this listing and this school2.14 miles
Public District Grades 6-8
8
/10
John P. Freeman Optional School
5250 Tulane Rd
Distance between this listing and this school3.84 miles
Public Magnet Grades KG-8
3
/10
Havenview Middle School
1481 Hester Rd
Distance between this listing and this school5.38 miles
Public Magnet Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school15.28 miles
Public District Grades 6-12
Nearby Schools
3
/10
Westwood High School
4480 Westmont Rd
Distance between this listing and this school1.58 miles
Public District Grades 9-12
4
/10
Freedom Preparatory Academy
5132 Jonetta St
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $57,227. Typical income of Memphis, TN residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1361 Des Arc Dr
What is the listing price of this property?
The listing price of 1361 Des Arc Dr property is $25,000.
What type of property is this?
The property 1361 Des Arc Dr is land located in Memphis, Tennessee, 38109.
Is this property for sale now?
Active Listing: 1361 Des Arc Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1361 Des Arc Dr are: Memphis Virtual School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,175 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 19, 2014 for $26,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1361 Des Arc Dr in Memphis, TN and zip code 38109 in the Westwood Shores neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $25,000.
In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Figure Skating
Extreme Sports
Dollar General
Kmart
Academy Sports & Outdoors
Cracker Barrel
Bob Evans
Little Caesars
Ram
Buick
Chevrolet
Classic Country
Oldies