Amazing opportunity in highly trafficked area & gateway to North Mississippi. Property is adjacent right next to McDonalds restaurant. Daily traffic counts on Winchester are over 20,000, and 80,000 right off the Interstate a block away. Easy access to interstate, and North America's #1 Cargo airport: Memphis International Airport. Currently has a 3600sqft building that can used or demolished for build to suit opportunities.
Property Details
Property Features
Listing Office:
Office Name: 901, REALTORS
Lot Features
Lot Information:
Lot: City Lot
Lot Size: 0.55 Acres
Other
Directions Information:
Directions: From Memphis Airport, West on Winchester till you pass Millbranch, next property after passing McDonalds Restaurant on the Right
Price Information
Listing Price Info
Price Summary:
List Price: $365,000
Tax Information:
Annual Amount: $4,538
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.
$1,889
Per Month
Principal & Interest
$1,822
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
$1,161
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Freedom Preparatory Academy Whitehaven Elementary at Millbra
3750 Millbranch Rd
Distance between this listing and this school0.56 miles
Public Charter Grades KG-5
5
/10
Winchester Elementary School
3587 Boeingshire Dr
Distance between this listing and this school0.71 miles
Public District Grades PK-5
4
/10
Robert R. Church Elementary School
4100 Millbranch Rd
Distance between this listing and this school1.17 miles
Public District Grades PK-5
Nearby Schools
4
/10
A. Maceo Walker Middle School
1900 E Raines Rd
Distance between this listing and this school1.29 miles
Public District Grades 6-8
4
/10
Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca
817 Brownlee Rd
Distance between this listing and this school2.16 miles
Public Charter Grades 6-8
4
/10
Veritas College Preparatory
1500 Dunn Ave
Distance between this listing and this school2.72 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Hillcrest High School (ASD)
4184 Graceland Dr
Distance between this listing and this school1.38 miles
Public Charter Grades 9-12
4
/10
City University School of Liberal Arts
1475 E Shelby Dr
Distance between this listing and this school2.45 miles
Public Charter Grades 9-12
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school2.55 miles
The neighbors living near this home have an average income of $21,961. Typical income of Memphis, TN residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1652 Winchester Rd
What is the listing price of this property?
The listing price of 1652 Winchester Rd property is $365,000.
What type of property is this?
The property 1652 Winchester Rd is land located in Memphis, Tennessee, 38116.
Is this property for sale now?
Active Listing: 1652 Winchester Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,538 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 18, 2017 for $150,000. (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 1652 Winchester Rd in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. This home sits on a 0.55 acre lot. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $365,000.
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. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.