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3382 Frayser School Dr, Memphis, TN, 38127

3beds
2baths
1,670sqft
$102,000
$61price/sqft
$987/moest. monthly cost
$39,480/yrincome needed

About This Home

Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 01/31/2027 at $1,165/month.

Getting Around

46
WalkingCar-Dependent
31
TransitSome Transit
53
BikeBikeable

Schools

4/10
4/10
Grandview Heights MiddleGrades 6-81.4 mi
3/10
Trezevant High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1957

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,670 sqft

Property

Details

  • Parcel number: 070059 00023

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 0.38 Acres
  • Features: Level
  • Lot size dimensions: 75 x 225

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad
  • Covered spaces: 1
  • 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 $515$6,180
Home Insurance $215$2,580
Property Taxes $82$984
Electricity $175$2,103
Total$987$11,844

Income You'd Need if You Spent...

35% on housing$33,840/yr
40% on housing$29,610/yr
45% on housing$26,320/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

$61This 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
2026-04-30Price change$102,000
2026-04-01Listed for sale$105,000
2026-03-09Listing removed$105,000
2026-03-04Price change$105,000
2025-10-21Listed for sale$118,500
2024-01-11Listing removed--
2023-12-14Listed for rent$1,095
2023-12-13Listing removed--
2023-10-06Listed for rent$1,095
2023-07-19Listing removed--
2023-04-03Price change$109,900
2023-01-20Listed for sale$119,900
2022-07-26Listing removed--
2022-07-19Listed for rent$1,095
2021-09-02Listing removed--
2021-08-12Price change$95,000
2021-05-27Listed for sale$99,000
2020-02-18Listing removed$57,500
2018-04-13Price change$57,500
2018-02-13Listed for sale$60,500
2017-04-27Listing removed$750
2017-02-15Listed for rent$750
2015-07-02Sold$42,000
2014-11-25Listed for sale$45,000
2004-03-02Sold$32,000

For Sale by Agent

AgentJames C Wachob
BrokerageFoundation Property Management

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