Prime Development Opportunity | 3.31 Acres Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future plans. Its strong street access, generous footprint, and development potential make this property especially attractive for builders, investors, or buyers looking to create something with long-term value. Whether you’re exploring a small residential project or holding land in a growing area, this tract offers a solid foundation and visibility that is hard to find.
Lot/land
Price cut: $1K (6/22)
$52,900
1163 W Raines Rd #7, Memphis, TN 38109
--beds
--baths
3.31Acres
Unimproved Land
Built in ----
3.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 82 days |
- 53 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Terrance A Hill,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10218470
Facts & features
Property
Lot
- Size: 3.31 Acres
- Dimensions: 300 x 400
- Features: Hillside, City Lot, Regular
- Topography: Level,Rolling
Details
- Parcel number: 082027 00076
- Zoning: R-6 Re
- Zoning description: Adjacent Area: Agriculture
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Union Central Life Ins Co
Location
- Region: Memphis
Financial & listing details
- Annual tax amount: $229
- Date on market: 4/4/2026
- Cumulative days on market: 83 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $52,900-1.9% |
Source: | ||
| 6/10/2026 | Price change | $53,900-1.8% |
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| 6/1/2026 | Price change | $54,900-1.8% |
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| 5/27/2026 | Price change | $55,900-1.8% |
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| 5/11/2026 | Price change | $56,900-1.7% |
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| 4/20/2026 | Price change | $57,900-1.7% |
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| 4/13/2026 | Price change | $58,900-1.7% |
Source: | ||
| 4/4/2026 | Listed for sale | $59,900+360.8% |
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| 7/26/2019 | Sold | $13,000+136.4% |
Source: | ||
| 8/19/2015 | Sold | $5,500 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 3/10Double Tree Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Westwood Middle/ High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38109
- White Haven-Coro Lake
- 1163 W Raines Rd Unit 7
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate



