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493 E Racquet Club Pl #493, Memphis, TN, 38117

2beds
3baths
2,504sqft
$395,000
$158price/sqft
$2,854/moest. monthly cost
$114,160/yrincome needed

About This Home

OPEN HOUSE MAY 17 FROM 2-4PM! Tucked inside the sought-after gated community of Racquet Club Plaza in the heart of East Memphis, this beautiful 2 bedroom, 2.5 bath townhouse offers comfort, charm & low-maintenance living in one of Memphis’ most convenient locations. From the gracious entry and beautiful wood floors downstairs to the warm and inviting great room with a cozy gas log fireplace, wet bar, and walls of windows overlooking the private atrium, this home feels welcoming from the moment you walk in. The sunny eat-in kitchen features painted white cabinetry, dark granite countertops, pantry & stainless steel appliances including a refrigerator. Enjoy morning coffee in the breakfast area or host dinners in the formal dining room with vaulted ceiling & chandelier. The spacious primary suite offers a sitting area, whirlpool tub, skylight, dual sink vanity, tiled walk-in shower, and walk-in closet. New roof, newer gutters, private patio, and 2-car garage with work bench & cabinets.

Getting Around

59
WalkingSomewhat Walkable
23
TransitMinimal Transit
58
BikeBikeable

Schools

5/10
7/10
8/10
White Station High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1985

Materials

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

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Washer
  • Laundry features: Laundry Room

Bedroom2

  • Features: Carpet,Private Full Bath
  • Level: Second
  • Area: 182

Bedrooms & Bathrooms

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

Den

  • Area: 360

Dining Room

  • Features: Separate Dining Room
  • Area: 204

Features

  • All Bedrooms Up,Double Vanity Bath,Half Bath Down,Luxury Primary Bath,Primary Up,Separate Tub & Shower,Sky Light(s) in Bath,High Ceilings,Cable Wired,Central Vacuum,Walk-In Closet(s),Wet Bar,1/2 Bath,Breakfast Room,Den/Great Room,Dining Room,Kitchen,Laundry Room,2 or More Baths,2nd Bedroom,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Window Treatments,Skylight(s)
  • Flooring: Part Carpet,Tile,Wood Laminate Floors
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Gas Starter,In Den/Great Room
  • Fireplace: Yes
  • Attic: Attic Access,Pull Down Stairs,Walk-In

Heating & Cooling

  • Heating features: Central,Dual System
  • Cooling features: 220 Wiring,Ceiling Fan(s),Central Air,Dual

Interior Area

  • Total interior livable area: 2,504 sqft

Kitchen

  • Features: Eat-in Kitchen,Pantry,Separate Breakfast Room,Updated/Renovated Kitchen,Washer/Dryer Connections
  • Area: 180

Living Room

  • Features: Great Room

Master Bathroom

  • Features: Double Vanity,Separate Shower,Whirlpool Tub,Full Bath

Master Bedroom

  • Features: Carpet,Sitting Area,Walk-In Closet(s)
  • Level: Second
  • Area: 374

Property

Details

  • Parcel number: 056033 B00002
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Exterior features: Courtyard
  • Has spa: Yes
  • Spa features: Whirlpool(s),Bath

Lot

  • Lot size: 3,049 sqft
  • Features: Landscaped,Level,Professionally Landscaped,Well Landscaped Grounds
  • Lot size dimensions: 24 x 135

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Rear,Driveway/Pad,Garage Door Opener
  • Has garage: Yes
  • 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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
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 $1,997$23,964
Home Insurance $335$4,020
Property Taxes $319$3,828
Electricity $203$2,441
Total$2,854$34,248

Income You'd Need if You Spent...

35% on housing$97,851/yr
40% on housing$85,620/yr
45% on housing$76,106/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

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 38117$154
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38117$173
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
2026-05-07Listed for sale$415,000

For Sale by Agent

AgentMelissa Thompson
BrokerageeXp Realty

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