New construction

$259,900

1429 Timothy Dr, Memphis, TN 38116

3beds

1,800sqft

$1,773/mo

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Single Family Residence

Built in 2026

0.26 Acres Lot

$259,400 Zestimate^®

$144/sqft

$-- HOA

What's special

Beautiful modern kitchenSpacious inviting layout

Beautiful New Construction & Spacious Home Don’t miss this stunning new-construction home featuring 3 spacious bedrooms and 2 modern bathrooms. The home offers a beautiful, modern kitchen with a new model design, perfect for cooking, entertaining, and everyday living. Additional features include a 2-car garage and a spacious, inviting layout.

9 days
651
75

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Hardwood Floor, Smooth Ceiling, Vaulted/Coffered Ceiling
Level: First
Area: 195
Dimensions: 15 x 13

Bedroom 2

Features: Hardwood Floor, Smooth Ceiling
Level: First
Area: 120
Dimensions: 12 x 10

Bedroom 3

Features: Hardwood Floor, Smooth Ceiling
Level: First
Area: 100
Dimensions: 10 x 10

Primary bathroom

Features: Full Bath

Dining room

Area: 63
Dimensions: 7 x 9

Kitchen

Features: Eat-in Kitchen, Kitchen Island, Washer/Dryer Connections, Kit/DR Combo
Area: 110
Dimensions: 10 x 11

Living room

Features: Separate Living Room
Area: 294
Dimensions: 21 x 14

Basement

Dimensions: 0 x 0

Office

Dimensions: 0 x 0

Bonus room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Range/Oven, Other (See REMARKS)
Laundry: Laundry Room

Features

All Bedrooms Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Smooth Ceiling, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Square Feet Source: Appraisal
Flooring: Wood Laminate Floors, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,800 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front
Has garage: Yes
Covered spaces: 2

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 0.26 Acres
Dimensions: 80 x 145
Features: Professionally Landscaped

Details

Parcel number: 078069 00011

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks),Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: Yes
Year built: 2026

Details

Builder name: Optimumn Construction LLC
Warranty included: Yes

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Graceland

Location

Region: Memphis

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $161,100
Annual tax amount: $2,122
Price range: $259.9K - $259.9K
Date on market: 9/1/2026

Estimated market value

$259,400

$246,000 - $272,000

$1,387/mo

Price history

Date	Event	Price
9/1/2026	Listed for sale	$259,900+1199.5%$144/sqft
Source: MAAR #10229536 Report a problem
4/8/2026	Sold	$20,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,123 +33.8%	$40,275 +67.1%
2024	$1,587 +8.1%	$24,100
2023	$1,468	$24,100
2022	--	$24,100
2021	--	$24,100 +17.8%
2020	$654	$20,450
2019	$654 -21.1%	$20,450
2018	$828 -45.1%	$20,450
2017	$1,510 +124.8%	$20,450 +3.5%
2016	$672 -16.4%	$19,750
2014	$803	$19,750
2013	--	$19,750 -21.5%
2012	--	$25,175
2011	--	$25,175
2010	--	$25,175
2009	--	$25,175 +12.8%
2008	--	$22,325
2007	--	$22,325
2006	--	$22,325
2005	--	$22,325 +15.4%
2004	--	$19,350
2003	--	$19,350
2002	--	$19,350
2001	--	$19,350 +7.5%
2000	--	$18,000