* * * * * INVESTMENT PROPERTY * * * * * * * * * BACK ON THE MARKET * * * * Lovely brick home with 3 bedrooms 1 bath and a double carport. sets on an acre lot. Large kitchen with breakfast area, fireplace in Great room. * * * * NEED WORK * * * * SOLD AS IS * * * * * * * * CASH ONLY * * * * CLOSING WILL BE WITH TLC CLOSING FOR SELLER AND BUYER.
Gray's Creek, located between Nonconnah Creek and the Mississippi state line, is a suburban and semi-rural Memphis neighborhood with wooded creek corridors and large-lot streets. The neighborhood’s character concentrates around the U.S. 78 (Lamar Avenue) corridor near Shelby Drive, where truck traffic, repair shops, and long-standing local eateries set a workaday rhythm. Housing trends toward ranch-style homes and newer subdivisions, with pockets of open land and drainage canals shaping the street grid. Daily life orbits around driving routes, school campuses, and small commercial strips rather than a single walkable main street. Green space reads as utility and nature at once, with waterways and tree lines defining many backyards. The atmosphere feels practical and spread out, with a strong sense of edge-of-town geography.
Provided by Walk Score and Local Logic
Market insights
1663 N Pisgah Rd · $140,000
DAYS ON MARKET
89 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
LIST PRICE
$140,000
Median list price in this area is $228,063. (63% higher than this home)
PRICE DROP
1 price drop
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
One-story home
Five total rooms
Great room
Eat-in kitchen
Keeping/hearth room
Washer/dryer connections
All bedrooms on main level
Full bathroom on main level
Other floors/ceilings (see remarks)
Bedrooms
Three bedrooms, all on the lower/main level
Master bedroom dimensions not provided
Bathrooms
One full bathroom
Kitchen
Eat-in kitchen
Laundry & utility
Washer/dryer connections
Flooring
Other (see remarks)
Heating & cooling
Central heating
Cooling: Other (see remarks)
Exterior features
Some trees on the property
Wrought iron security doors
No pool
Brick veneer exterior
Composition shingle roof
Home design
Detached single-family home
Traditional style
Existing property built in 1979
Approximately 1,000–1,199 heated square feet
Parking
Two covered parking spaces
Storage room(s)
Security
Wrought iron security doors
Construction
Built in 1979
Brick veneer construction
Composition shingle roof
Utilities
Central heating
Cooling listed as other (see remarks)
Financial info
New financing available: Conventional
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10201768
Aug 8, 2025
Price Changed
$140,000
$140/sq ft
Jul 21, 2025
Listed
$180,000
$180/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$944 (−9.6%)
$13,500 + $21,600
$35,100
2024
$1,044
$13,500 + $21,600
$35,100
2023
$1,044
$13,500 + $17,300
$30,800
2022
$1,044 (−1.7%)
$13,500 + $17,300
$30,800
2021
$1,063 (+4.0%)
$13,500 + $17,300
$30,800
2020
$1,022
$13,500 + $17,300
$30,800
2019
$1,022
$12,150 + $13,075
$25,225
2018
$1,022 (−1.5%)
$12,150 + $13,075
$25,225
2017
$1,037 (−1.4%)
$12,150 + $13,075
$25,225
2016
$1,052
$12,150 + $13,075
$25,225
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
1,124
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,124
Year built
1979
Style
Single Family Residential
County
Shelby County
APN
D0209 00231
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 2026.
CA
Conservation Agriculture District
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompatible land uses on farm land and other undeveloped areas. The types, area and intensity of land uses in this district are designed to encourage and protect agricultural uses and the conservation of undeveloped areas.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cordova, TN • 38016
Average low and high temperatures (°F)
47
29
57
37
72
50
78
57
79
62
89
71
93
76
89
70
87
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Cordova. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1663 N Pisgah Rd
$127,643
$12K under list price of $140K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $409K.