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2705 McMurray St, Memphis, TN, 38118

2beds
1baths
821sqft
$99,900
$122price/sqft
$909/moest. monthly cost
$36,360/yrincome needed

About This Home

Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $955/mo with a $925 deposit on file. Lease expires 05/31/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller also selling: 3243 13 Colony #2B. Properties can be bought individually or in bulk.

Getting Around

23
WalkingCar-Dependent
32
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

4/10
Getwell Elementary SchoolGrades PK-50.7 mi
6/10
4/10
Sheffield High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1957

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 821 sqft

Kitchen

  • Features: Pantry

Property

Details

  • Parcel number: 073017 00149

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Sidewalks
  • Living area range: 800-999

Lot

  • Lot size: 7,405 sqft
  • Features: Level
  • Lot size dimensions: 60 x 125

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

  • Earthquake
    EarthquakeVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Tornado
Cold Wave
Heat Wave
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 $505$6,060
Home Insurance $149$1,788
Property Taxes $80$960
Electricity $175$2,103
Total$909$10,908

Income You'd Need if You Spent...

35% on housing$31,165/yr
40% on housing$27,270/yr
45% on housing$24,240/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

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 38118$70
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38118$96
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

DateEventPrice
2025-03-03Price change$99,900
2025-02-11Listed for sale$103,000
2024-09-19Listing removed$118,900
2024-08-29Pending sale$118,900
2024-08-19Listed for sale$118,900
2023-06-20Sold$114,900
2023-05-04Listing removed--
2023-04-03Listed for rent$925
2023-02-09Sold$70,000
2023-01-24Pending sale$84,900
2023-01-10Listed for sale$84,900
2023-01-06Listing removed--
2022-12-07Price change$850
2022-11-04Listed for rent$895
2021-07-07Sold$55,000
2019-05-08Listing removed$650
2019-03-27Price change$650
2019-03-14Price change$695
2019-02-13Listed for rent$750
2018-11-05Listing removed$750
2018-10-09Listed for rent$750
2018-08-15Sold$25,000
2018-08-03Pending sale$29,900
2018-07-12Price change$29,900
2018-07-09Listed for sale$31,000
2010-11-22Sold$24,000
2000-07-06Sold$31,311
2000-04-10Sold$40,500
1996-05-28Sold$38,500

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

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