PRICE JUST REDUCED-INCREDIBLE OPPORTUNITY! LOCATION!LOCATION! This stunning, low-maintenance, move-in-ready luxury townhome is a true gem! This bright, modern open-concept design delivers that coveted model-home feel! Gorgeous kitchen with upgraded cabinetry and a dedicated coffee bar! This spacious 3 bedroom, 2.5 bath home offers the primary suite on the first floor. Designer fans, plantation shutters, wood blinds, 9' ceilings , 2 car attached garage w/DEAS PAR floors, covered patio, full security system. Quiet location with a private alley~the ultimate retreat! Enjoy carefree living with the HOA-maintained lawn care and exterior keep, access to resort style pool and pool house. Affordable lifestyle just MINUTES from Collierville's premier schools, shopping, dining, and convenient access to HWY 385! A MUST SEE!
For sale
Price cut: $46.5K (7/9)
$425,000
507 Armel Dr, Collierville, TN 38017
3beds
2,224sqft
Townhouse
Built in 2024
3,920 Square Feet Lot
$422,900 Zestimate®
$191/sqft
$342/mo HOA
What's special
- 116 days
- 228
- 13
Zillow last checked:
Listing updated:
Listed by:
Nichole Bufalino,
Crye-Leike, Inc., REALTORS 901-854-5050
Source: MAAR,MLS#: 10221089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Entry Hall, Loft/Balcony
Primary bedroom
- Features: Hardwood Floor, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 196
- Dimensions: 14 x 14
Bedroom 2
- Features: Carpet, Shared Bath, Smooth Ceiling, Walk-In Closet(s)
- Level: Second
- Area: 168
- Dimensions: 12 x 14
Bedroom 3
- Features: Carpet, Shared Bath, Smooth Ceiling, Walk-In Closet(s)
- Level: Second
- Area: 36
- Dimensions: 3 x 12
Primary bathroom
- Features: Double Vanity, Separate Shower, Smooth Ceiling, Full Bath
Dining room
- Area: 144
- Dimensions: 9 x 16
Kitchen
- Features: Breakfast Bar, Kitchen Island, Pantry
Living room
- Features: Great Room
- Dimensions: 0 x 0
Den
- Area: 256
- Dimensions: 16 x 16
Heating
- Electric Heat Pump
Cooling
- 220 Wiring, Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven
- Laundry: Laundry Room
Features
- Double Vanity Bath, Full Bath Down, Half Bath Down, Luxury Primary Bath, Primary Down, High Ceilings, Smooth Ceiling, Walk-In Closet(s), 1/2 Bath, Den/Great Room, Dining Room, Kitchen, Laundry Room, Primary Bedroom, 1 Bath, 2nd Bedroom, 3rd Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet, Part Hardwood, Tile
- Windows: Double Pane Windows, Window Treatments
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total interior livable area: 2,224 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Garage Door Opener
- Has garage: Yes
- Covered spaces: 2
Features
- Stories: 1.5
- Patio & porch: Patio, Covered Patio
- Exterior features: Auto Lawn Sprinkler, Sidewalks
- Pool features: Community, Neighborhood
Lot
- Size: 3,920 Square Feet
- Dimensions: 30 x 131.5
- Features: Level, Professionally Landscaped, Well Landscaped Grounds
Details
- Additional structures: Pool House
- Parcel number: C0244D D00002
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick Veneer, Wood/Composition
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Nbrhd Recreation Facility
- Security: Fire Sprinkler System, Security System, Smoke Detector(s), Monitored Alarm, Burglar Alarm, Fire Alarm
- Subdivision: Byhalia Commons Pd Phase 3b And 3c
HOA
- Has HOA: Yes
- HOA fee: $4,100 annually
Location
- Region: Collierville
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $504,000
- Annual tax amount: $5,430
- Price range: $425K - $425K
- Date on market: 5/8/2026
- Cumulative days on market: 116 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$422,900
$402,000 - $444,000
$3,071/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $425,000-9.9%$191/sqft |
Source: | ||
| 5/8/2026 | Listed for sale | $471,500-5.5%$212/sqft |
Source: | ||
| 7/31/2024 | Sold | $499,000$224/sqft |
Source: | ||
| 1/20/2024 | Pending sale | $499,000$224/sqft |
Source: | ||
| 1/13/2024 | Listed for sale | $499,000$224/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,431 +189.4% | $126,000 +251.2% |
| 2024 | $1,876 | $35,875 |
Find assessor info on the county website
Monthly payment
Est. payment






