#10197989, Listing office: Premier Realty Group, LLC
Property details
About 1274 Railton Rd
Lease Purchase with Option to Buy, Price Improvement. Excellent starter home or investment property. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.3 Acres
Year built1950
ParkingDriveway/Pad
MLS #10198903
FireplaceMasonry, In Den/Great Room
Summary
- Full Bathrooms: 1
- Flooring Type: Wall to Wall Carpet, Part Hardwood, Tile
- Fireplace: Masonry, In Den/Great Room
- Total Bedroom Count: 2
- Parking: Driveway/Pad
- Exterior: Storage
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $118,500
- Annual Tax Amount: $916
- Tax Year: 2024
- Lot: Fencing
- Directions: Take I-240 W to Prescott Rd. Take exit 21 from I-240 W Turn Right onto Prescott Road Turn Left onto Kimball Ave Turn Right onto Railton Ave
- Year Built: 1950
- Stories: 1
- Lot Size: 0.3 Acres
- MLS Number: 10198903
- Office Name: Didlake Realty Group, LLC
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 10:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 25, 2000 | Home Sold | $52,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $15,050 | $916 |
| 2023 | $15,050 | $916 |
| 2022 | $15,050 | $927 |
| 2021 | $15,050 | $927 |
| 2020 | $12,425 | $900 |
| 2019 | $12,425 | $900 |
| 2018 | $12,425 | $510 |
| 2017 | $12,425 | $496 |
History based on county public records data.
Nearby schools
4
Cherokee Elementary School
Public District PK-5
0.6 mi
•3061 Kimball Ave
3
Sherwood Elementary School
Public Magnet PK-5
0.7 mi
•1156 Robin Hood Ln
3
Sharpe Elementary School
Public District PK-5
0.7 mi
•3431 Sharpe Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,629. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
44%
35k-100k
13%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
23%
Single, with Kids
21%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Horse Races
Pro Boxing
Where do the neighbors shop?
Big Lots
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Golden Corral
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1274 Railton Rd
The listing price of 1274 Railton Rd property is $118,500.
The property 1274 Railton Rd is a house located in Memphis, Tennessee, 38111.
Active Listing: 1274 Railton Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1274 Railton Rd are: Cherokee Elementary School (GreatSchools Rating 4/10), Sherwood Elementary School (GreatSchools Rating 3/10), Sharpe Elementary School (GreatSchools Rating 3/10), Sherwood Middle School (GreatSchools Rating 2/10), Compass Community School Orange Mound Campus (GreatSchools Rating 5/10), University Middle School (GreatSchools Rating 6/10), Melrose High School (GreatSchools Rating 1/10), Memphis Virtual School (GreatSchools Rating 1/10), East High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $916 (source: MLS/based on county public records data).
The last sale was on August 25, 2000 for $52,000 (source: MLS/tax record).
The property at 1274 Railton Rd has 2 bedrooms and 1 bathroom.
The year of construction for 1274 Railton Rd is 1950.
This home is located at 1274 Railton Rd in Memphis, TN and zip code 38111 in the Cherokee neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $118,500.
Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $224,900.
From Rocket Homes Real Estate and based on county public records data.