$89,000

597 Frayser Dr Memphis, TN 38127

Frayser Neighborhood

Estimated payment $517/month

Total Views 302
3 Beds
1 Bath
1,000-1,199 Sq Ft
$74 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property

About This Home

Investor special! This 3-bedroom, 1-bath home in the Frayser area is tenant occupied and producing consistent rental income. Features a functional floor plan, low-maintenance brick exterior, and a strong rental history. Start earning from day one with this income-producing property! Don't miss this one!! Additional photos available upon request. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $800/month through 7/31/2027.

Listing Agent

James Wachob

Foundation Property Management License #294924 Listed on: 08/13/2025

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $519

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 78x108
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,080 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Hammond Hills Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069072 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$519

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 724A
  • MAAR Subdivision Name: HAMMOND HILLS BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1080
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 15
  • Acreage: 0.18
  • Lot Size: 78X108
  • Price Per Acre: 494444
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069072 00008

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $519 $20,525 $1,450 $19,075
2024 $519 $15,300 $1,425 $13,875
2023 $932 $15,300 $1,425 $13,875
2022 $932 $15,300 $1,425 $13,875
2021 $528 $15,300 $1,425 $13,875
2020 $284 $8,900 $1,425 $7,475
2019 $284 $8,900 $1,425 $7,475
2018 $284 $8,900 $1,425 $7,475
2017 $291 $8,900 $1,425 $7,475
2016 $424 $9,700 $0 $0
2014 $424 $9,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $89,000 -- $89 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stanley & Rainey Pc
Warranty Deed $72,000 None Available
Warranty Deed $35,400 Apperson Crump Plc
Trustee Deed $65,028 --
Warranty Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,600 New Conventional
Previous Owner $49,400 Unknown
Previous Owner $46,800 New Conventional
Previous Owner $50,150 Fannie Mae Freddie Mac
Previous Owner $12,834 Unknown
Previous Owner $49,270 FHA
Closed $2,113 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10203427

Memphis Area Association of REALTORS®

APN: 06-9072-0-0008

Tennessee Shelby County Memphis 38127 Frayser

597 Frayser Dr, Memphis, TN

This home is located at 597 Frayser Dr, Memphis, TN 38127 and is currently priced at $89,000, approximately $74 per square foot. This property was built in 1960. 597 Frayser Dr is a home located in Shelby County with nearby schools including Westside Elementary School, Compass Community School Frayser Campus, and Pathways In Education - Tn.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes
James Wachob
Listing Agent
James Wachob
Section Image
Foundation Property Management
(901) 668-5795