Briscoe Ellett III

3826 Drummonds Rd

Drummonds, TN
$ 248,000 Beds 3 Baths 2 Sq 1,557
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS! Seller offering 2% Concession for buyer to use for 2-1 rate buy-down! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 2-bath single-family home is currently generating $1,995/ month in rental income, with the current lease running through 07/31/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Single Family

  • Price
  • $ 248,000
  • City
  • Drummonds
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • TIPTON
  • Half Bathrooms
  • 0
  • Area
  • Tipton-Brighton
  • Lot Size
  • 1.48 Acres
  • Zip
  • 38023
  • Sqr Footage
  • 1,557
  • Year Built
  • 1996
  • Taxes
  • $ 1582
  • Style
  • Traditional
  • MLS#
  • 10217713
Listed By: Foundation Property Management
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name JOYNER
Style Traditional
Stories Count 1.5
County Tipton
Class Residential
Type Detached Single Family
Condo No
Area 622A
Parcel Number 094 094 05202
Status Active
Annual City Tax 791
Annual County Tax 791
Sale/Rent For Sale
Area Tipton/Brighton
Service Type Full Service Listing
Neighborhood Association None
Year Built 1996
Directions From Wilkinsville Rd,head west to Drummonds Rd. The house is on the right.
City Drummonds
DOM 167

Interior Features

Living Room Separate Living Room,Separate Dining Room
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Hardwood Throughout

Exterior Features

Pool None
Lot 1
Lot Size Area 1.48
Lot Size 1.48
Parking Display G2D
Lot Description Level
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad,Side-Load Garage
EXTERIOR/WINDOWS Vinyl Siding
Misc. Exterior Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/26/2026 Listed $270,000
5/21/2026 3% - $261,900
6/16/2026 6% - $248,000

Property vs Zip Code Average in 38023

Price
AVG $950K
$250K
Taxes
AVG $1,750
$1,582
Year Built
AVG 2004
1996

Areas That We Cover

3826 Drummonds Rd Drummonds, TN is a Single Family Home for sale at $248000 with 1557 sqft and a lot size of 1.48 Acres Acre(s). 3826 Drummonds Rd Drummonds has 3 bedrooms, 2 baths and was built in 1996. The property's zip code is 38023 which is in Drummonds, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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