#10184592, Listing office: ResiAmerica, Inc.
Property details
About 5137 Tully Rd
Build Your Vision Near Whitehaven & Tunica Highway! Discover nearly half an acre (0.49 acres) of opportunity in Memphis' growing 38109 zip code. Zoned CMU-3, this versatile lot is perfect for mixed-use development, small business, residential, or investment potential. Located just off Hwy 61/Third Street near the Mississippi state line, this property offers easy access to Whitehaven, Graceland, Downtown Memphis, and major transportation routes. Whether you're looking to build a rental, establish a storefront, or hold as a land investment near one of the region’s busiest commercial corridors — this is your chance to own in a rapidly developing area with plenty of upside. Zoning: CMU-3 (Commercial Mixed Use) Close to: Graceland, Whitehaven, Hwy 61, Tunica Casinos, and the Memphis International Airport. Don’t miss this affordable land opportunity in a high-demand corridor. Drive by anytime and imagine the possibilities!
Highlights
Home typeVacant Land
StatusActive
Lot size0.49 Acres
MLS #10199975
Virtual tour
Summary
- List Price: $20,000
- Annual Tax Amount: $85
- Tax Year: 2024
- Lot: Rural Area
- Directions: West on Poplar Avenue toward I-240. Take the I-240 West ramp and continue for several miles until you reach the I-40 West interchange. Merge onto I-40 West and exit at Hollywood Street. Turn left on Hollywood, then right onto Chelsea Avenue. Continue str
- Lot Size: 0.49 Acres
- MLS Number: 10199975
- Office Name: Integrated Assets
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: 7/1/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,400 | $85 |
| 2023 | $1,400 | $85 |
| 2022 | $1,400 | $86 |
| 2021 | $1,400 | $86 |
| 2020 | $1,400 | $101 |
| 2019 | $1,400 | $101 |
| 2018 | $1,400 | $57 |
| 2017 | $1,400 | $61 |
History based on county public records data.
Nearby schools
4
Double Tree Elementary School
Public Magnet PK-5
1.0 mi
•4560 Double Tree Rd
5
Freedom Preparatory Academy Westwood Elementary at Parkrose
Public Charter KG-5
1.2 mi
•778 Parkrose Ave
3
Geeter School
Public District PK-5
1.9 mi
•4649 Horn Lake Rd
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 $63,217. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
31%
<35k
39%
35k-100k
23%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
17%
Single, with Kids
26%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
College Football
NASCAR
Extreme Sports
Where do the neighbors shop?
Express/Express For Men
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Sonic
Cracker Barrel
Little Caesars
What do the neighbors drive?
Kia
Ram
Chevrolet
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 5137 Tully Rd
The listing price of 5137 Tully Rd property is $20,000.
The property 5137 Tully Rd is land located in Memphis, Tennessee, 38109.
Active Listing: 5137 Tully Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5137 Tully Rd are: Double Tree Elementary School (GreatSchools Rating 4/10), Freedom Preparatory Academy Westwood Elementary at Parkrose (GreatSchools Rating 5/10), Geeter School (GreatSchools Rating 3/10), Chickasaw Middle School (GreatSchools Rating 2/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Westwood High School (GreatSchools Rating 3/10), Freedom Preparatory Academy Flagship (GreatSchools Rating 4/10), Fairley High School (ASD) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $85 (source: MLS/based on county public records data).
The property 5137 Tully Rd is 0.49 acres.
This home is located at 5137 Tully Rd in Memphis, TN and zip code 38109. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $20,000.
In May 2025 more than 70 listings in Memphis, TN were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 263 were sold below. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.