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4942 Byron Rd, Memphis, TN, 38122

2beds
1baths
1,000sqft
$174,230
$174price/sqft
$1,383/moest. monthly cost
$55,320/yrincome needed

About This Home

Renovated rental property with an active lease in place. Currently leased at $1,225 month to month. No creative finance offers. This home is part of a 103 home package.

Getting Around

67
WalkingSomewhat Walkable
25
TransitSome Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1952

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Full bathrooms: 1

Property

Lot

  • Lot size: 0.34 Acres

Parking

  • Parking features: Other (See REMARKS)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $881$10,572
Home Insurance $187$2,244
Property Taxes $140$1,680
Electricity $175$2,103
Total$1,383$16,596

Income You'd Need if You Spent...

35% on housing$47,417/yr
40% on housing$41,490/yr
45% on housing$36,880/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 38122$81
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38122$114
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentCaleb Hall
BrokerageKeller Williams

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