SOLD APR 16, 2026

Off market apr 2026 for $435K

$415,778

Est. refi paymentEst. refi $2,991/mo

Land

•

0.70

acre (lot)

4948 Roane Rd, Memphis, TN 38117

About this home

Nestled within a prestigious and highly sought-after enclave, this immaculate, cleared, and surveyed lot presents a rare opportunity to build a bespoke estate in one of the area’s most established communities. Situated on a quiet, dead-end cove, the property offers exceptional privacy and a serene setting surrounded by mature homes and landscaping. Utilities are already available at the street, providing a seamless path to bringing your vision to life. A truly rare offering in a refined, quiet neighborhood where opportunities like this are few and far between.Fabulous, exclusive house design plans are available at no cost to the buyer, if desired. Sellers are relocating out of state.

Vacant landProperty Type

0.7 acresLot Size

$593,968Price/Acres

Listed by • Hobson Realtors

Contact: 9016284114

Bought with • Hobson Realtors

Redfin checked: 2 minutes ago

•Source:REALTRACS as Distributed by MLS Grid #3178267

Redfin Estimate

$415,778

$19K since sold in April 2026$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 41.2% lower than the average sale price ($707K) of 6 comparable homes.

SOLD SEP 17, 2026
$822,000
A
5 beds4.5 baths— sq ft
322 N Rose Rd, Memphis, TN 38117
SOLD AUG 7, 2026
$1,115,000
B
4 beds5 baths— sq ft
4024 N Galloway Dr, Memphis, TN 38111
SOLD SEP 4, 2026
$339,000
C
3 beds2 baths— sq ft
4336 Hilldale Ave, Memphis, TN 38117
SOLD AUG 3, 2026
$875,000
D
3 beds4 baths— sq ft
40 S Rose Rd, Memphis, TN 38117
SOLD MAY 29, 2026
$640,000
E
4 beds3 baths— sq ft
40 N Goodlett St, Memphis, TN 38117
SOLD JUL 23, 2026
$450,000
F
4 beds3 baths— sq ft
3814 Woodland Dr, Memphis, TN 38111

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 38117, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.7%

1.0% MoM

Median sale price

$285K

$5K MoM

Avg. days on market

56d

20 days MoM

Recently sold homes

141

5 MoM

New listings for sale

NEW 9 HRS AGO
$295,000
3 beds2 baths— sq ft
1384 Woodston Rd, Memphis, TN 38117
NEW 16 HRS AGO
$199,000
3 beds1.5 baths— sq ft
1519 Ivy Rd, Memphis, TN 38117
$264,900
3 beds2 baths— sq ft
5240 Edenshire Ave, Memphis, TN 38117
OPEN SUN, 1PM TO 3PM
$415,000
3 beds2 baths— sq ft
198 Magnolia Dr, Memphis, TN 38117
$285,000
3 beds2 baths— sq ft
1227 Marcia Rd, Memphis, TN 38117
$480,000
4 beds3.5 baths— sq ft
99 Perkins Ext, Memphis, TN 38117
$195,000
3 beds2 baths— sq ft
835 Thistledown Dr #2003, Memphis, TN 38117
OPEN SUN, 1PM TO 2PM
$859,900
4 beds3.5 baths— sq ft
368 Woodmere Ln, Memphis, TN 38117
$239,999
4 beds2 baths— sq ft
1446 Marcia Rd, Memphis, TN 38117
OPEN SUN, 2PM TO 4PM
$300,000
4 beds3 baths— sq ft
5179 Helene Rd, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 4948 Roane Rd

Date

Event

Price

REALTRACS as Distributed by MLS Grid #3178267

Apr 16, 2026

Sold

$435,000

Apr 1, 2026

Listed

$450,000

Memphis Area Association of Realtors(R) MLS #10218175

Apr 16, 2026

Sold

$435,000

Apr 1, 2026

Listed

$450,000

Nestled within a prestigious and highly sought-after enclave, this immaculate, cleared, and surveyed lot presents a rare opportunity to build a bespoke estate in one of the area’s most established communities. Situated on a quiet, dead-end cove, the property offers exceptional privacy and a serene setting surrounded by mature homes and landscaping. Utilities are already available at the street, providing a seamless path to bringing your vision to life. A truly rare offering in a refined, quiet neighborhood where opportunities like this are few and far between. Fabulous, exclusive house design plans are available at no cost to the buyer, if desired. Sellers are relocating out of state.

Memphis Area Association of Realtors(R) MLS #10196508

Jul 9, 2025

Sold

$425,000

Jun 6, 2025

Price Changed

$450,000

May 22, 2025

Listed

$465,000

+24

Over 3300 square feet classic rambler situated on a huge park like . 70 acre lot. Lots of special features and so much closet space and storage!! The property is Surrounded by many new construction Million dollar plus homes. Potential for Renovation or as a tear down. So much Possibility!! Located in the center of beautiful sought after Shady Grove neighborhood. Renovate or Build your Dream Home in a beautiful part of the City!! The central location makes commuting anywhere a breeze!! Close to great shopping, restaurants, wonderful schools!!! Fifteen minutes to downtown!! Minutes away from Midtown attractions!! Truly the Heart of our City!! Additional Sunroom 15x10 downstairs.

Public Records

Feb 26, 1968

Sold

$24,000

Year

Property tax

Land + Additions

Assessment*

2025

$7,755 (+0.4%)

$64,300

2024

$7,721 (+8.1%)

$64,300 + $82,825

$147,125

2023

$7,142

$46,975 + $70,275

$117,250

2022

$7,142 (−1.2%)

$46,975 + $70,275

$117,250

2021

$7,226 (+8.9%)

$46,975 + $70,275

$117,250

2020

$6,636

$46,975 + $70,275

$117,250

2019

$6,636

$46,975 + $44,600

$91,575

2018

$6,636 (+76.3%)

$46,975 + $44,600

$91,575

2017

$3,764 (−6.9%)

$46,975 + $44,600

$91,575

2016

$4,043

$46,975 + $44,600

$91,575

2014

$4,043

$46,975 + $45,550

$92,525

Tax history for 4948 Roane Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,755 (+0.4%)

$64,300

2024

$7,721 (+8.1%)

$64,300 + $82,825

$147,125

2023

$7,142

$46,975 + $70,275

$117,250

2022

$7,142 (−1.2%)

$46,975 + $70,275

$117,250

2021

$7,226 (+8.9%)

$46,975 + $70,275

$117,250

2020

$6,636

$46,975 + $70,275

$117,250

2019

$6,636

$46,975 + $44,600

$91,575

2018

$6,636 (+76.3%)

$46,975 + $44,600

$91,575

2017

$3,764 (−6.9%)

$46,975 + $44,600

$91,575

2016

$4,043

$46,975 + $44,600

$91,575

2014

$4,043

$46,975 + $45,550

$92,525

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

311 ft.

Lot depth

220 ft.

Lot size

0.71 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Shelby County

APN

056015 00009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

R-10

Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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

Oct 10, 2025 • Active

Demolition

Demolish an existing single-family home.

Demolition

Oct 7, 2020 • Final

Residential mechanical

Remove and replace the furnace, evaporator coil, and condenser on a residential building.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Total: 0

Exterior

Property Information
Property Type: Land
Zoning: Res

Land Information
Current Use: Residential

Lot Information
Lot Features: Level, Corner Lot
Lot Size Area: 0.7
Lot Size Units: Acres
Lot Size Acres: 0.7
Lot Size Dimensions: 311X220
Road Surface Type: Dirt

Financial

Tax Information
Tax Annual Amount: $7,755

Location

Location Information
Directions: From Poplar Avenue, travel north on Mendenhall, left onto Shady Grove, then immediately left onto Roane. The future homesite (or lot) is midway down on the right, prominently positioned on the cleared corner at the bend in this exclusive dead-end enclave.
Topography: Level,Corner Lot

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.71 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Shelby County
APN: 056015 00009

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

White Station Elementary School

Public PreK-5 • Assigned • 1.1mi

6/10

White Station Middle School

Public 6-8 • Assigned • 1.4mi

8/10

White Station High School

Public 9-12 • Assigned • 0.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Memphis, TN • 38117

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$395,000 – $479,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

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New listings for sale in 38117

NEW 9 HRS AGO

$295,000

3 beds2 baths— sq ft

1384 Woodston Rd, Memphis, TN 38117

NEW 16 HRS AGO

$199,000

3 beds1.5 baths— sq ft

1519 Ivy Rd, Memphis, TN 38117

$264,900

3 beds2 baths— sq ft

5240 Edenshire Ave, Memphis, TN 38117

OPEN SUN, 1PM TO 3PM

$415,000

3 beds2 baths— sq ft

198 Magnolia Dr, Memphis, TN 38117

$285,000

3 beds2 baths— sq ft

1227 Marcia Rd, Memphis, TN 38117

$480,000

4 beds3.5 baths— sq ft

99 Perkins Ext, Memphis, TN 38117

$195,000

3 beds2 baths— sq ft

835 Thistledown Dr #2003, Memphis, TN 38117

OPEN SUN, 1PM TO 2PM

$859,900

4 beds3.5 baths— sq ft

368 Woodmere Ln, Memphis, TN 38117

$239,999

4 beds2 baths— sq ft

1446 Marcia Rd, Memphis, TN 38117

Home values near 4948 Roane Rd

Data from public records.

Address	Redfin Estimate
4918 Roane Road, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$846,451
4959 Roane Road, Memphis, TN 3 Beds \| 2.5 Baths \| 3200 Sq. Ft.	$786,293

Address	Redfin Estimate
4894 Roane Road, Memphis, TN 5 Beds \| 5.5 Baths \| 6000 Sq. Ft.	$1,261,510
4973 Roane Road, Memphis, TN 4 Beds \| 3 Baths \| 2400 Sq. Ft.	$523,841

Address	Redfin Estimate
4925 Roane Road, Memphis, TN 5 Beds \| 5 Baths \| 5000 Sq. Ft.	$1,236,193
4901 Roane Road, Memphis, TN 4 Beds \| 3 Baths \| 2800 Sq. Ft.	$517,913

Property information provided by REALTRACS as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 38117, TN

Sale history for 4948 Roane Rd

Tax history for 4948 Roane Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 4948 Roane Rd

More real estate resources