$239,900

5551 Derron Dr Memphis, TN 38115

$2,849
Closing credit¹
3 beds
2 full
0.4 acres
House

Property details

About 5551 Derron Dr

This 3 bdrm/2 bath home was custom built and sits on one of the largest lots in the neighborhood. It has been lovingly maintained by the same owners for 60 years. Features include oversized rooms and gleaming hardwoods in all rooms except carpet in Living Room and Dining Room. All rooms and Kitchen cabinets are freshly painted. The kitchen features recent Luxury Vinyl Plank flooring, dishwasher, wall oven, cooktop and a large family dining area. The Primary Bedroom and secondary bedroom feature huge closets and 3rd bedroom has a walk-in closet. And the beautiful paneling in the den. Electric Breaker box and all windows were replaced in 2024. Check out the large storage building at the top of the driveway. You will enjoy sitting on the back patio overlooking the lovely free growing, parklike backyard.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Other
BasementYes
Lot size0.36 Acres
Year built1965
ParkingDriveway/Pad,Storage Room(s)
MLS #10197158
ViewTrees/Woods

Summary

  • Full Bathrooms: 2
  • Appliances: Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad,Storage Room(s)
  • View: Trees/Woods
  • Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio, Wood Fence, Storage
  • Architectural Style: Traditional, Ranch
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Other
  • List Price: $239,900
  • Lot: Wooded, Few Trees, Fencing
  • Directions: South on Emerald from Mt Moriah, left on Derron from Emerald, home is on the right. OR left on Emerald from Knight Arnold right on Derron. Home is on the right
  • Year Built: 1965
  • Stories: 1
  • Lot Size: 0.36 Acres
  • MLS Number: 10197158
  • Office Name: Crye-Leike, Inc., REALTORS

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: 5/29/2025, 2:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

5551 Derron Dr, Memphis, TN 38115 - view of exterior entry featuring a shingled roof and a porch

$239,900

5551 Derron Dr

$2,849

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Fox Meadows Elementary School

Public District PK-5

0.4 mi

2960 Emerald St

6

Newberry Elementary School

Public District PK-5

0.6 mi

5540 Newberry Ave

5

Power Center Academy Elementary School

Public Charter KG-5

0.8 mi

3540 S Mendenhall Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,286. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

36%
<35k
49%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
20%
Single, with Kids
30%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • WingstopWingstop
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • NissanNissan
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5551 Derron Dr

The listing price of 5551 Derron Dr property is $239,900.

The property 5551 Derron Dr is a house located in Memphis, Tennessee, 38115.

Active Listing: 5551 Derron Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5551 Derron Dr are: Fox Meadows Elementary School (GreatSchools Rating 5/10), Newberry Elementary School (GreatSchools Rating 6/10), Power Center Academy Elementary School (GreatSchools Rating 5/10), Compass Community School Hickory Hill Campus (GreatSchools Rating 5/10), Power Center Academy Middle School (GreatSchools Rating 4/10), Wooddale Middle School (ASD) (GreatSchools Rating 3/10), Power Center Academy High School (GreatSchools Rating 3/10), Wooddale High School (GreatSchools Rating 2/10), Memphis School of Excellence (GreatSchools Rating 4/10).

The property at 5551 Derron Dr has 3 bedrooms and 2 bathrooms.

The year of construction for 5551 Derron Dr is 1965.

This home is located at 5551 Derron Dr in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $239,900.

In April 2025, from all listings sold in Memphis, TN there were more than 51 sold above asking price, over 223 sold below and more than 116 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between March and April 2025 increased by 13.8%.

From Rocket Homes Real Estate and based on county public records data.

More resources