For sale

$99,000

513 Tonto Dr, Memphis, TN 38109

3beds

978sqft

$696/mo

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Single Family Residence

Built in 1963

7,405 Square Feet Lot

$94,800 Zestimate^®

$101/sqft

$-- HOA

What's special

INVESTORS ONLY! Tenant occupied property that is rented for $975/month with a lease secured until 5/30/2027. Tenant has occupied the property since May 2020 and renewed their lease last year (2025) for 24 months. Roof was replaced in 2020 and owner did a thorough inspection and fix up in the Fall of 2024. Professional management in place, nothing to do but pick it up and start collecting rent! No sign in yard. No wholesalers, assignments, creative financing or owner financing. Please do not disturb tenant.

43 days

55

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Area: 100
Dimensions: 10 x 10

Dining room

Area: 100
Dimensions: 10 x 10

Kitchen

Features: Eat-in Kitchen

Living room

Area: 100
Dimensions: 10 x 10

Den

Area: 100
Dimensions: 10 x 10

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 978 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 63 x 123
Features: Level

Details

Parcel number: 075147 00003

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1963

Community & HOA

Community

Subdivision: Chickasaw Village 3rd Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $103,600
Annual tax amount: $1,365
Price range: $99K - $99K
Date on market: 6/22/2026
Cumulative days on market: 51 days

Estimated market value

$94,800

$90,000 - $100,000

$1,077/mo

Price history

Date	Event	Price
6/22/2026	Listed for sale	$99,000+23.9%$101/sqft
Source: MAAR #10224505 Report a problem
5/24/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/5/2023	Listed for rent	$900$1/sqft
Source: Zillow Rentals Report a problem
10/22/2020	Sold	$79,900+184.7%$82/sqft
Source: Public Record Report a problem
3/6/2020	Sold	$28,064$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,365 +30%	$25,900 +62.4%
2024	$1,050 +8.1%	$15,950
2023	$972	$15,950
2022	--	$15,950
2021	--	$15,950 +39%
2020	$367	$11,475
2019	$367 -21.1%	$11,475
2018	$465 -45.1%	$11,475
2017	$847 +122.4%	$11,475 +2.5%
2016	$381 -15.9%	$11,200
2014	$453	$11,200
2013	--	$11,200 -21.1%
2012	--	$14,200
2011	--	$14,200
2010	--	$14,200
2009	--	$14,200 +4%
2008	--	$13,650
2007	--	$13,650
2006	--	$13,650
2005	--	$13,650 +23.3%
2004	--	$11,075
2003	--	$11,075
2002	--	$11,075
2001	--	$11,075 +2.8%
2000	--	$10,775

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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