Great lot for new construction. This lot is leveled with street access and curb cut
Property Details
Property Features
Listing Office:
Office Name: Paradigm21 Realty
Lot Features
Lot Information:
Lot: Subdivision
Lot Size: 0.08 Acres
Other
Directions Information:
Directions: From I-240N take exit 31 to merge onto I-40W toward Little Rock exit 1D to merge onto US-51N/N Danny Thomas Blvd. Continue on US-51N and turn left onto Arrington Ave. The destination will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $7,000
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.
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.
$102
Per Month
Principal & Interest
$35
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
$87
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
Kipp Memphis Collegiate Elementary School
230 Henry Ave
Distance between this listing and this school0.42 miles
Public Charter Grades KG-4
3
/10
Memphis Scholars Caldwell-Guthrie (ASD)
951 Chelsea Ave
Distance between this listing and this school0.76 miles
Public Charter Grades PK-5
3
/10
Downtown Elementary School
10 N 4th St
Distance between this listing and this school2.00 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Kipp Memphis Collegiate Middle School
230 Henry Ave
Distance between this listing and this school0.39 miles
Public Charter Grades 5-8
4
/10
Humes Preparatory Academy (ASD)
659 N Manassas St
Distance between this listing and this school0.94 miles
Public Charter Grades 6-8
3
/10
Believe Memphis Academy Charter School
1250 Vollintine Ave
Distance between this listing and this school1.36 miles
Public Charter Grades 4-7
Nearby Schools
2
/10
Manassas High School
1111 N Manassas St
Distance between this listing and this school0.27 miles
Public District Grades 9-12
5
/10
Crosstown High School
1365 Tower Ave
Distance between this listing and this school1.92 miles
Public Charter Grades 9-11
1
/10
Northwest Preparatory Academy
1266 Poplar Ave
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $43,413. Residents of Memphis, TN typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 590 E Arrington Ave E
What is the listing price of this property?
The listing price of 590 E Arrington Ave E property is $7,000.
What type of property is this?
The property 590 E Arrington Ave E is land located in Memphis, Tennessee, 38107.
Is this property for sale now?
Active Listing: 590 E Arrington Ave E is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 590 E Arrington Ave E is 0.08 acres.
Interested in 590 E Arrington Ave E? Let's connect.
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 590 E Arrington Ave E in Memphis, TN and zip code 38107 in the Downtown neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $7,000.
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 homes for sale 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.
Major League Soccer (MLS)
Major League Soccer (MLS)
NBA/WNBA
Yoga/pilates
Banana Republic
Express/Express For Men
H&M
Sonic
Starbucks
Dominos Pizza
Infiniti
Pontiac
Audi
Urban Contemporary
Alternative
News