Frayser-Raleigh Pd, TN homes for sale & real estate

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ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
It's not every day that new land is actually created, especially in a desirable, well-established neighborhood! This newly zoned residential lot has been officially subdivided by the county and assigned its own parcel identification number, offering a rare opportunity to build in a sought after well established subdivision. With utilities available at the street, this nearly quarter acre property is ready for your building plans! Whether you're a homeowner looking to build your dream home, a builder seeking your next project, or an investor looking for a great opportunity, this lot deserves your attention. Don't have a builder? No problem! Resources are available to help you navigate the co

$49,000

Land9,147 sq ft (lot)

0 Hanna Dr, Memphis, TN 38128

Utilities available • Listed 19 days

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
DISCOVER THE POTENTIAL OF THIS BEAUTIFUL 3.77± ACRE WOODED PROPERTY LOCATED ON LAKEHURST DRIVE IN THE FOREST LAKE NEIGHBORHOOD IN MEMPHIS, TENNESSEE. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential. Conveniently located just feet from Austin Peay Highway, you’ll enjoy easy access to shopping, dining, schools, and major commuter routes while still appreciating the privacy and tranquility of a wooded setting. Outdoor enthusiasts will also appreciate the property’s proximity to Beaver Lake, providing opportunitie

$66,000

Land3.77 acres (lot)

00 Lakehurst Drive Dr, Memphis, TN 38128

Mature timber • Private retreat

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Property is zoned for single family residential. The property is over 9 acres.

$125,000

Land9.15 acres (lot)

0 St Elmo Ave, Memphis, TN 38127

Listed 140 days

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Residential lot 56 with great potential in a convenient location. Buyer to verify zoning, utilities, and intended use. Lot 57 also for sale.

$11,000

Land0.36 acre (lot)

0 Woodlawn Ter, Memphis, TN 38127

Listed 103 days

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Approximately 6 wooded acres for $60,000, sold together as three parcels ( 084010 00351, 084010 00239 and 084010 00240). The parcels sit in a quiet, natural setting and you can have frontage on three roads: Windermere Dr, Morgan Rd and Felton Rd, so the next owner can choose how to access the land. A narrow strip between 3021 and 3055 Windermere Dr leads to the larger back tract on Morgan Rd. You are close to the interstate and nearby city centers without giving up privacy. It works well for a private homesite, a future build, or anyone assembling land for long-term use. Opportunities like this, at this price, are hard to find.

$10,000

Land1.48 acres (lot)

0 Windemere Dr, Memphis, TN 38128

Listed 228 days

Property at 0 Mcadoo St, Memphis, TN 38128

$27,500

Land3,484 sq ft (lot)

0 Mcadoo St, Memphis, TN 38128

Property at 2065 Pamela Dr, Memphis, TN 38127

$7,000

Land0.33 acre (lot)

2065 Pamela Dr, Memphis, TN 38127

Property at 3183 N Thomas St, Memphis, TN 38127-6013

$140,000

Land0.62 acre (lot)

3183 N Thomas St, Memphis, TN 38127-6013

Property at 0 Morgan Rd, Memphis, TN 38128

$10,000

Land0.81 acre (lot)

0 Morgan Rd, Memphis, TN 38128

Property at 0 Oaks Royal Dr, Memphis, TN 38128

$15,000

Land0.36 acre (lot)

0 Oaks Royal Dr, Memphis, TN 38128

Property at 0 Egypt-central Rd, Memphis, TN 38128

$649,000

Land18.41 acres (lot)

0 Egypt-central Rd, Memphis, TN 38128

$40,000

Land3.96 acres (lot)

0 Morgan Rd, Memphis, TN 38128

Property at 2956 Peggy Rd, Memphis, TN 38128

$15,000

Land0.52 acre (lot)

2956 Peggy Rd, Memphis, TN 38128

Property at 2811 Frayser Blvd, Memphis, TN 38127

$100,000

Land8,276 sq ft (lot)

2811 Frayser Blvd, Memphis, TN 38127

Property at 2793 Frayser Blvd, Memphis, TN 38127

$120,000

Land1.00 acre (lot)

2793 Frayser Blvd, Memphis, TN 38127

Property at 0 Clifton Ave, Memphis, TN 38127

$10,000

Land7,840 sq ft (lot)

0 Clifton Ave, Memphis, TN 38127

Property at 3097 Harvester Ln, Memphis, TN 38127

$39,900

Land0.31 acre (lot)

3097 Harvester Ln, Memphis, TN 38127

Property at Helmsdale Rd, Memphis, TN 38128

$33,000

Land2,178 sq ft (lot)

Helmsdale Rd, Memphis, TN 38128

Property at 2492 Smith Ridge Rd, Memphis, TN 38127

$6,500

Land6,969 sq ft (lot)

2492 Smith Ridge Rd, Memphis, TN 38127

Property at 1133 Saunders Ave, Memphis, TN 38127

$35,000

Land0.60 acre (lot)

1133 Saunders Ave, Memphis, TN 38127

$33,000

Land2,178 sq ft (lot)

Helmsdale Rd, Memphis, TN 38128

Property at Taransay Rd, Memphis, TN 38128

$33,000

Land2,613 sq ft (lot)

Taransay Rd, Memphis, TN 38128

Viewing page 9 of 10

Average home prices near Frayser-Raleigh Pd, TN

Cities

Neighborhoods

Downtown Memphis homes for sale
$260,000
Jackson homes for sale
$152,450
North Memphis homes for sale
$167,000
Raleigh homes for sale
$147,500
Harbor Town homes for sale
$494,900
High Point Terrace homes for sale
$347,250
Midtown homes for sale
$269,950
Frayser homes for sale
$100,000
Mud Island homes for sale
$387,450
Springhill Community Civic Club homes for sale
$139,900

Frayser-Raleigh Pd, TN real estate trends

All Home Types trends in Frayser-Raleigh Pd, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$109,419

-12.1% YoY | Sep 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2026

Growth

% YoY

Frayser-Raleigh Pd, TN

$109,419

-12.1%

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Popular Markets in Tennessee

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