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Pending
    • $130,000

    1284 Royal Oaks Cv, Memphis, TN 38116

    3beds
    1,587sqft
    : 
    $895/mo
    Get pre-qualified
    Townhouse
    Built in 1973
    3,049 Square Feet Lot
    $127,900 Zestimate®
    $82/sqft
    $-- HOA

    What's special

    Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.
    15 days
    |
    168
    |
    8
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Puckett,

    CB Properties of Memphis, LLC 901-620-6787

    Source: MAAR,MLS#: 10225834MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 360
      • Dimensions: 18 x 20
      Dining room
      • Area: 48
      • Dimensions: 8 x 6
      Living room
      • Features: Separate Living Room
      • Area: 180
      • Dimensions: 15 x 12
      Den
      • Area: 255
      • Dimensions: 17 x 15
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet, Tile
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 1,587 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 31 x 105
      • Features: Level
      Details
      • Parcel number: 078037 A00067

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1973

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: The Hills
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $82/sqft
      • Tax assessed value: $115,900
      • Annual tax amount: $1,527
      • Price range: $130K - $130K
      • Date on market: 7/10/2026
      • Cumulative days on market: 12 days

        Estimated market value

        $127,900

        $122,000 - $134,000

        $1,601/mo

        Price history

        DateEventPrice
        7/17/2026Pending sale$130,000$82/sqft
        Source: MAAR #10225834 Report a problem
        7/10/2026Listed for sale$130,000+8.8%$82/sqft
        Source: MAAR #10225834 Report a problem
        9/1/2021Sold$119,500+68.3%$75/sqft
        Source: MAAR #10105518 Report a problem
        5/10/2021Sold$71,000+230.2%$45/sqft
        Source: Public Record Report a problem
        8/19/2010Sold$21,500-38.6%$14/sqft
        Source: Public Record Report a problem
        4/29/2008Sold$35,000$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,527 +5.5%$28,975 +31.9%
        2024$1,447 +8.1%$21,975
        2023$1,339 $21,975
        2022-- $21,975 +67.1%
        2021-- $13,150 +8.9%
        2020$386 $12,075
        2019$386 -21.1%$12,075
        2018$489 -45.1%$12,075
        2017$891 +110.6%$12,075 -3%
        2016$423 -6.5%$12,450
        2014$453 $12,450
        2013-- $12,450 -12.3%
        2012-- $14,200
        2011-- $14,200
        2010-- $14,200
        2009-- $14,200 -12.6%
        2008-- $16,250
        2007-- $16,250
        2006-- $16,250
        2005-- $16,250 +1.6%
        2004-- $16,000
        2003-- $16,000
        2002-- $16,000
        2001-- $16,000 +25.2%
        2000-- $12,775
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: White Haven-Coro Lake

        Getting around

        55 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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