Newly renovated Turnkey property from 2025 being professionally managed by Reedy and Company Realtor's who would like to continue management. 1 year old HVAC, Water heater, Roof less than 8 years old. Over $45,000 worth of renovations completed in 2025. Detailed renovation scope available upon request. Email Mark@memphisinvestmentproperties and Alex@memphisinvestmentproperties for more information.
Hawkins Mill Residents Associtaion, located between Hawkins Mill Road and Austin Peay Highway, is a residential and suburban Memphis neighborhood with wooded blocks and a lake-and-greenway backdrop. The neighborhood’s character concentrates around the Hawkins Mill Rd & Austin Peay Hwy junction, where auto shops, casual takeout counters, and everyday retail set a practical, on-the-go rhythm. Nearby, Shelby Farms Park, the Shelby Farms Greenline, and the Agricenter International act as recognizable anchors for outdoor time and local events. Housing trends toward mid-century ranches and later brick builds with generous setbacks and mature trees. Streets feel quieter away from the arterials, with pocket parks and drainage lakes shaping the landscape. Daily routines often orbit park trails, big-sky fields, and straightforward errands along the main corridors.
Provided by Walk Score and Local Logic
Offer insights
2986 Lake Park Rd · $129,900
$130K and above
75% chance or better to win
Why $130K+ is a strong offer
DAYS ON MARKET
47 days
The average home goes pending in 47 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Six total rooms
Single-story layout
Wood laminate flooring
All bedrooms located on the main level
Updated/renovated kitchen
Bedrooms
Three bedrooms (all on the main level)
Bathrooms
One full bathroom
One half bathroom
Kitchen
Updated/renovated kitchen
Flooring
Wood laminate floors
Heating & cooling
Central heating
Central cooling
Exterior features
Wrought iron security doors
Wood/composition exterior windows
Level lot
Home design
Detached single-family home
Traditional style
Existing property
Built in 1988
Parking
Driveway/pad
Security
Wrought iron security doors
Construction
Slab foundation
Composition shingle roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10228626
Sep 15, 2026
Price Changed
$129,900
Aug 18, 2026
Listed
$135,900
TENANTTURNER2 #1
Jul 24, 2026
Rental Removed
$1,190
May 20, 2026
Listed for Rent
$1,190
Public Records
Aug 31, 1988
Sold
$45,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,099 (+15.5%)
$2,750 + $18,100
$20,850
2024
$952 (+8.1%)
$2,750 + $18,100
$20,850
2023
$880 (+1.4%)
$1,925 + $12,525
$14,450
2022
$868 (−1.0%)
$1,925 + $12,525
$14,450
2021
$876 (+2.3%)
$1,925 + $12,525
$14,450
2020
$857
$1,925 + $12,525
$14,450
2019
$857
$1,925 + $9,900
$11,825
2018
$857 (+76.3%)
$1,925 + $9,900
$11,825
2017
$486 (−7.8%)
$1,925 + $9,900
$11,825
2016
$527
$1,925 + $9,900
$11,825
2014
$527
$1,925 + $10,150
$12,075
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
60 ft.
Lot depth
110 ft.
Lot size
6,600 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,026
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,026
Year built
1988
Style
Single Family Residential
County
Shelby County
APN
072121 A00026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
87
66
77
55
65
48
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2986 Lake Park Rd
$126,507
$3,393 under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $82K to $145K.