PRIME Location, Opportunity, Future Planning!! This 27-acre tract has it all!! This is one investment you will ever go wrong with. Collierville's future Major Road Plans, indicate Winchester Rd, will be cutting through this property, giving you road frontage on both sides of the road and on Sycamore Road. The out parcels alone will drive your investment value through the roof.
Property Details
Property Features
Listing Office:
Office Name: John Green & Co., REALTORS
Lot Features
Lot Information:
Lot: City Lot, Irregular Lot
Lot Size: 27.00 Acres
Other
Directions Information:
Directions: From Hwy 72E, turn right onto Sycamore Rd, property is .30 of a mile on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $2,599,900
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 Collierville, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
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
$7,861
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
10
/10
Sycamore Elementary School
1155 Sycamore Rd
Distance between this listing and this school0.89 miles
Public District Grades PK-5
10
/10
Schilling Farms Elementary School
935 Colbert St S
Distance between this listing and this school2.83 miles
Public District Grades PK-5
7
/10
Collierville Elementary School
590 Peterson Lake Rd
Distance between this listing and this school3.80 miles
Public District Grades PK-5
Nearby Schools
6
/10
Collierville Middle School
580 Quinn Rd
Distance between this listing and this school2.07 miles
Public District Grades 6-8
9
/10
West Collierville Middle School
935 Colbert St S
Distance between this listing and this school4.84 miles
Public District Grades 6-8
4
/10
Power Center Academy Middle - Southeast
8216 E Shelby Dr
Distance between this listing and this school6.61 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Collierville High School
11605 E Shelby Dr
Distance between this listing and this school1.23 miles
Public District Grades 9-12
8
/10
Center Hill High School
13250 Kirk Rd
Distance between this listing and this school4.56 miles
Public District Grades 9-12
2
/10
Southwind High School
7900 E Shelby Dr
Distance between this listing and this school7.31 miles
The neighbors living near this home have an average income of $103,732. The majority of Collierville, TN residents have income between $100k-200k annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Collierville, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Collierville, TN?
Collierville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles in the area are a mix of traditional and contemporary, with a noticeable presence of colonial and craftsman influences. The majority of homes reflect a period of growth in the late 20th century, with many properties built in the 1990s. The homeownership rate in Collierville is high, with a significant majority of residents owning their homes, indicative of the area's stable residential appeal.
Is Collierville, TN a good place to live?
Collierville is celebrated for its small-town charm combined with upscale suburban living. The community prides itself on a family-friendly atmosphere, with numerous parks and recreational areas contributing to its inviting character. Annual events, such as the Collierville Fair on the Square, showcase the town's cultural vitality and strong community bonds. The historic town square, with its quaint shops and local eateries, serves as the heart of Collierville, reflecting the town's rich heritage and contemporary spirit.
Are things conveniently located in Collierville, TN?
The town of Collierville is served by a robust educational system, including multiple public and private schools that cater to various educational needs, from elementary to high school levels. Healthcare is readily accessible, with several clinics and a major hospital providing a range of services from primary care to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with both local businesses and national chains present, reflecting the town's blend of traditional values and modern conveniences.
What does the transportation in Collierville, TN look like?
Transportation in Collierville includes a mix of private and public transit options, with the latter serving residents through a network of bus routes. The town's layout and infrastructure support a comfortable driving experience, with well-maintained roads and convenient access to major highways for commuting and travel. While certain areas of Collierville are pedestrian-friendly, particularly around the historic town square, the overall community is more navigable by car. The availability of ride-sharing services complements the transportation landscape, offering additional flexibility for residents.
Frequently Asked Questions About 27ACRES Sycamore Rd
What is the listing price of this property?
The listing price of 27ACRES Sycamore Rd property is $2,599,900.
What type of property is this?
The property 27ACRES Sycamore Rd is land located in Collierville, Tennessee, 38017.
Is this property for sale now?
Active Listing: 27ACRES Sycamore Rd is For Sale (Active/New) which means the seller is accepting offers.
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 27ACRES Sycamore Rd in Collierville, TN and zip code 38017. This home sits on a 27.00 acre lot. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $2,599,900.
In October 2024, from all listings sold in Collierville, TN there were more than 5 sold above asking price, over 27 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Collierville, TN increased by 20.5% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.