This property has a projected monthly rent of $975. Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and resale potential. Property offers strong long-term upside and is being sold As Is, presenting a value-add opportunity with some TLC needed. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
For sale
$108,000
3725 Wax Myrtle Dr, Memphis, TN 38115
2beds
1,333sqft
Single Family Residence
Built in 1985
2,613 Square Feet Lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Functional layout
- 190 days |
- 64 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10210038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Up, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Hardwood, Tile
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,333 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 2,613 Square Feet
- Dimensions: 27 x 110
- Features: Level
Details
- Parcel number: 093417 R00029
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1985
Community & HOA
Community
- Subdivision: Heather Ridge Pud Phase 2
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $122,000
- Annual tax amount: $978
- Price range: $108K - $108K
- Date on market: 1/13/2026
- Cumulative days on market: 609 days
Estimated market value
Not available
Estimated sales range
Not available
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2026 | Listed for sale | $108,000-6.1%$81/sqft |
Source:  MAAR #10210038 Report a problem | ||
| 12/16/2025 | Listed for rent | $995+7.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2025 | Listing removed | $115,000$86/sqft |
Source: MAAR #10185618 Report a problem | ||
| 11/21/2024 | Listed for sale | $115,000$86/sqft |
Source: MAAR #10185618 Report a problem | ||
| 11/12/2021 | Sold | $115,000$86/sqft |
Source: MAAR #10110093 Report a problem | ||
| 10/29/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/6/2021 | Pending sale | $115,000+130%$86/sqft |
Source: MAAR #10110093 Report a problem | ||
| 9/24/2021 | Listed for rent | $925$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/7/2021 | Sold | $50,000+40.8%$38/sqft |
Source: Public Record Report a problem | ||
| 4/23/2002 | Sold | $35,500-41.7%$27/sqft |
Source: Public Record Report a problem | ||
| 3/21/2001 | Sold | $60,900+2.9%$46/sqft |
Source: Public Record Report a problem | ||
| 6/20/1995 | Sold | $59,200$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,608 +64.4% | $30,500 +105.4% |
| 2024 | $978 +8.1% | $14,850 |
| 2023 | $905 | $14,850 |
| 2022 | -- | $14,850 |
| 2021 | -- | $14,850 +14.5% |
| 2020 | $415 | $12,975 |
| 2019 | $415 -21.1% | $12,975 |
| 2018 | $525 -45.1% | $12,975 |
| 2017 | $958 +125.4% | $12,975 +3.8% |
| 2016 | $425 -13.7% | $12,500 |
| 2014 | $493 | $12,500 |
| 2013 | -- | $12,500 -19.1% |
| 2012 | -- | $15,450 |
| 2011 | -- | $15,450 |
| 2010 | -- | $15,450 |
| 2009 | -- | $15,450 +0.8% |
| 2008 | -- | $15,325 |
| 2007 | -- | $15,325 |
| 2006 | -- | $15,325 |
| 2005 | -- | $15,325 -7.5% |
| 2004 | -- | $16,575 |
| 2003 | -- | $16,575 |
| 2002 | -- | $16,575 |
| 2001 | -- | $16,575 +11.2% |
| 2000 | -- | $14,900 |
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.Climate risks
Neighborhood: Hickory Ridge-South Riverdale
Nearby schools
GreatSchools rating
- 6/10Hickory Ridge Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Power Center AcademyGrades: 6-8Distance: 0.3 mi
- 2/10Wooddale High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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