Imagine owning a home where you have the space to grow, the freedom to make it your own, and nearly an acre of land to bring your vision to life! ?? This 3-bedroom, 1-bathroom home in Memphis, TN, offers an opportunity to create your own space, build equity, and enjoy the extra room that’s becoming harder to find. Whether you’re a first-time homebuyer looking to get your foot in the door, an investor searching for your next opportunity, or someone dreaming of a little more land and privacy, this property is full of potential. Don’t just see what this home is today—imagine what it could become tomorrow! Your next chapter could start right here. ???
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
Market insights
3949 Old Allen Rd · $135,000
DAYS ON MARKET
1 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$135,000
Median sale price in this area is $259,463. (92% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Separate living and dining rooms
Bedrooms
3 bedrooms, all on the first floor
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Flooring
Part hardwood, tile, and vinyl flooring
Heating & cooling
Dual-system heating
Dual-system cooling
Exterior features
Some trees
Wood-fenced yard
Storage building
Porch
Covered patio
Home design
Traditional style
One story
Parking
Front-load garage with 2 covered parking spaces
Construction
Built in 1965
Brick veneer and wood/composition exterior
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 #10233340
Oct 28, 2026
Listed
$135,000
Public Records
Aug 21, 2025
Sold
$48,250
Public Records
Sep 24, 1965
Sold
$14,350
Year
Property tax
Land + Additions
Assessment*
2025
$1,025 (+26.3%)
$2,025 + $17,425
$19,450
2024
$812 (+8.1%)
$2,025 + $17,425
$19,450
2023
$751
$1,850 + $10,475
$12,325
2022
$751 (−1.2%)
$1,850 + $10,475
$12,325
2021
$760 (−20.1%)
$1,850 + $10,475
$12,325
2020
$951
$1,850 + $10,475
$12,325
2019
$951
$1,850 + $11,275
$13,125
2018
$951 (+76.3%)
$1,850 + $11,275
$13,125
2017
$539 (−0.8%)
$1,850 + $11,275
$13,125
2016
$544
$1,850 + $11,275
$13,125
2014
$544
$1,850 + $10,600
$12,450
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
1
Lot width
100 ft.
Lot depth
375 ft.
Lot size
0.86 Acres
Year renovated
—
Finished Sq. Ft.
1,161
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,161
Year built
1965
Style
Single Family Residential
County
Shelby County
APN
090077 00007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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 109° expected this year, 20 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
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
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3949 Old Allen Rd
$134,776
$224 under list price of $135K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $90K to $156K.