Briscoe Ellett III

2887 Letrec Cv

Memphis, TN
$ 135,000 Beds 3 Baths 2 Sq 1,042
Monthly Estimate* How much can I afford?

Amazing opportunity! Updated inside and out; easy to maintain home offers functional floor plan, established neighborhood, and affordable price point make this property excellent for a first-time homebuyer looking to build equity or an investor seeking to add an income-producing property to their portfolio. With three bedrooms and two full baths, the home offers a layout that can appeal to a broad range of tenants and buyers. The spacious lot provides room to enjoy the outdoors. Conveniently located in Memphis with access to major roadways, shopping, dining, schools, and everyday amenities. Professional property management is in place. Tenant occupied at $1,095/month; lease is month-to-month. Showings/inspections/rent rolls upon accepted offer only. Do not disturb tenant. Photos were taken prior to tenant move-in*

Single Family

  • Price
  • $ 135,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Frayser - North
  • Lot Size
  • 0.22 Acres
  • Zip
  • 38127
  • Sqr Footage
  • 1,042
  • Year Built
  • 1992
  • Taxes
  • $ 1636
  • Style
  • Traditional
  • MLS#
  • 10229876
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name SCHOOLFIELD-ST ELMO REV
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725F
Parcel Number 072124 A00019
Status Active
Annual City Tax 801
Annual County Tax 835
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1992
Directions Get on Sam Cooper Blvd from Princeton Rd 1 min (0.4 mi) Continue on Sam Cooper Blvd. Take I-40 W to N Hollywood St. Take exit 5 from I-40 W 8 min (8.3 mi) Take Range Line Rd to Letrec Cove
City Memphis
DOM 19

Interior Features

Living Room Updated/Renovated Kitchen
Beds 3
Total Baths 2
Number of Rooms 5
FLOORS/CEILINGS Wood Laminate Floors,Tile

Exterior Features

Pool None
Lot 28
Lot Size Area 0.22
Lot Size 39X139
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS 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

9/5/2026 Listed $135,000

Property vs Zip Code Average in 38127

Price
AVG $110K
$140K
Taxes
AVG $1,039
$1,636
Year Built
AVG 1964
1992
Visits
AVG 65
24
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2887 Letrec Cv Memphis, TN is a Single Family Home for sale at $135000 with 1042 sqft and a lot size of 0.22 Acres Acre(s). 2887 Letrec Cv Memphis has 3 bedrooms, 2 baths and was built in 1992. The property's zip code is 38127 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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