Briscoe Ellett III

4950 Pheasant Ridge Cv

Memphis, TN
$ 221,900 Beds 3 Baths 2 Sq 1,565
Monthly Estimate* How much can I afford?

INVESTMENT OPPORTUNITY! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in a quiet, well-maintained neighborhood with strong curb appeal, this property is an outstanding addition to any investment portfolio. See the potential for yourself!

Single Family

  • Price
  • $ 221,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Germantown Extended-State Line
  • Lot Size
  • 0.27 Acres
  • Zip
  • 38141
  • Sqr Footage
  • 1,565
  • Year Built
  • 1986
  • Taxes
  • $ 1675
  • Style
  • Traditional
  • MLS#
  • 10225156
Listed By: Keller Williams
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Fireplaces 1
Status Active
Full Baths 2
Legal Subdivision Name THE VILLAGE OF PHEASANT RUN SEC B
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 789B
Parcel Number D0255S E00056
Status Active
Annual County Tax 1675
Sale/Rent For Sale
Area Germantown Extended/State Line
Service Type Full Service Listing
Neighborhood Association None
Year Built 1986
Directions Head south on Ross road from Winchester for approximately 2 miles. Cross Shelby Drive for another mile heading south. Make a left on Pheasant Run and keep straight until you reach Pheasant Ridge Cove
City Memphis
DOM 87

Interior Features

Living Room Separate Dining Room,Great Room,Washer/Dryer Connections
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 2
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Pool None
Lot 19
Lot Size Area 0.27
Lot Size 64X135
Parking Display N2
Lot Description Some Trees,Cove
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition
Misc. Exterior Wrought Iron Security Drs

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

7/1/2026 Listed $239,900
7/28/2026 7% - $224,900
8/31/2026 2% - $221,900

Property vs Zip Code Average in 38141

Price
AVG $200K
$220K
Taxes
AVG $8,439
$1,675
Year Built
AVG 1986
1986
Visits
AVG 50
80
Data Provided by Inside Real Estate®

Areas That We Cover

4950 Pheasant Ridge Cv Memphis, TN is a Single Family Home for sale at $221900 with 1565 sqft and a lot size of 0.27 Acres Acre(s). 4950 Pheasant Ridge Cv Memphis has 3 bedrooms, 2 baths and was built in 1986. The property's zip code is 38141 which is in Memphis, 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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