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1574 Gowan Dr, Memphis, TN, 38127

3beds
2baths
1,334sqft
$89,900
$67price/sqft
$890/moest. monthly cost
$35,600/yrincome needed

About This Home

Gemini said Welcome to 1574 Gowan Dr, a charming and spacious 1,334 sq. ft. ranch-style home in the heart of the 38127 ZIP code. This well-maintained 3-bedroom, 2-bathroom residence features a timeless brick exterior and a functional, split-floor plan. Step inside to find original hardwood flooring that flows throughout the main living areas and bedrooms, offering both durability and character. The kitchen is designed for efficiency and convenience, featuring dedicated washer and dryer hookups to streamline your daily routine. The primary suite provides a private retreat with its own full bathroom, while two additional guest bedrooms share a clean, centrally located hall bath. Outside, the property sits on a generous 0.210-acre lot, complete with an attached brick carport and an uncovered back patio perfect for grilling. The expansive backyard is framed by a wooded perimeter, providing natural shade and a peaceful sense of seclusion.

Getting Around

34
WalkingCar-Dependent
30
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

4/10
4/10
Grandview Heights MiddleGrades 6-81.6 mi
3/10
Trezevant High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Features: Hardwood Floor
  • Level: First
  • Area: 154

Bedroom3

  • Features: Hardwood Floor
  • Level: First
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Area: 156

Features

  • All Bedrooms Down,Primary Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,334 sqft

Kitchen

  • Features: Kit/DR Combo,W/D Connection in Kitchen
  • Area: 104

Living Room

  • Features: Separate Living Room
  • Area: 196

Master Bedroom

  • Features: Hardwood Floor
  • Level: First
  • Area: 221

Property

Details

  • Parcel number: 070052 00043

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio

Lot

  • Lot size: 8,973 sqft
  • Features: Level,Wooded,Wooded Grounds
  • Lot size dimensions: 60 x 150

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Other (See REMARKS)
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Inland Flooding

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 $454$5,448
Home Insurance $189$2,268
Property Taxes $72$864
Electricity $175$2,103
Total$890$10,680

Income You'd Need if You Spent...

35% on housing$30,514/yr
40% on housing$26,700/yr
45% on housing$23,733/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

$67This listing

vs Other Active Listings

Avg $/sqft

ZIP 38127$49
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38127$71
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)

No zestimate history available

Price History

DateEventPrice
2026-05-12Price change$84,900
2026-04-16Price change$89,900
2026-03-07Listed for sale$94,900
2026-02-10Listing removed$1,045
2026-01-29Price change$1,045
2026-01-04Listed for rent$1,095
2025-02-28Listing removed$1,065
2025-02-04Listed for rent$1,065
2023-01-06Listing removed--
2022-12-15Listed for rent$975

For Sale by Agent

AgentTiffany Jones
BrokerageTrelora Realty

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