Lot/land

$6,500

2492 Smith Ridge Rd, Memphis, TN 38127

--beds

--baths

6,969.6Square Feet

Unimproved Land

Built in ----

6,969.6 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Ready-to-build foundationPrime vacant lot

This prime vacant lot is your golden ticket to homeownership or smart investing in the up-and-coming Frayser neighborhood! Priced to move, this spacious parcel of approximately 0.16 acres delivers a ready-to-build foundation in an established area showing real momentum. Right next door? A stunning new construction home completed in 2023, signaling fresh energy, rising values, and proof that builders and buyers are betting big on this community's future. Picture your dream home rising here: a cozy starter, a spacious family retreat, or a high-demand rental to cash in on the revitalization wave sweeping North Memphis. Enjoy convenient access to major roads, proximity to parks, schools, shopping, and the vibrant heartbeat of the city just minutes away. With low entry barriers, strong signs of neighborhood growth, and that brand-new neighbor showcasing what's possible, this lot screams opportunity for the forward-thinking buyer or investor.

40 days

52

3

Facts & features

Property

Lot

Size: 6,969.6 Square Feet
Dimensions: 65 x 136
Features: Subdivision, Regular
Topography: Level,Wooded

Details

Parcel number: 071058 00013
Zoning: R-6
Zoning description: Adjacent Area: Single Family

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected

Community & HOA

Community

Subdivision: Ridgegrove Re A

Location

Region: Memphis

Financial & listing details

Tax assessed value: $5,500
Annual tax amount: $72
Date on market: 2/17/2026
Cumulative days on market: 41 days
Electric utility on property: Yes
Road surface type: Paved

Rebecca Edwards

(901) 451-2001

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Estimated market value

Not available

Estimated sales range

Not available

$947/mo

Price history

Date	Event	Price
2/17/2026	Listed for sale	$6,500+30%
Source: MAAR #10214763 Report a problem
11/21/2025	Listing removed	$5,000
Source: MAAR #10194744 Report a problem
10/18/2025	Price change	$5,000-28.6%
Source: MAAR #10194744 Report a problem
8/13/2025	Price change	$7,000-12.5%
Source: MAAR #10194744 Report a problem
5/29/2025	Price change	$8,000-50%
Source: MAAR #10194744 Report a problem
4/21/2025	Listed for sale	$16,000+400%
Source: MAAR #10194744 Report a problem
6/30/2023	Sold	$3,200-28.9%
Source: MAAR #10139439 Report a problem
6/28/2023	Pending sale	$4,500
Source: MAAR #10139439 Report a problem
1/19/2023	Price change	$4,500-10%
Source: MAAR #10139439 Report a problem
12/22/2022	Listed for sale	$5,000-84.9%
Source: MAAR #10139439 Report a problem
5/27/2003	Sold	$33,212+18.6%
Source: Public Record Report a problem
9/15/1998	Sold	$28,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$72 -12%	$1,375 +10%
2024	$82 +8.1%	$1,250
2023	$76	$1,250
2022	--	$1,250
2021	--	--
2020	$40	$1,250
2019	$40 -21.1%	$1,250
2018	$51 -45.1%	$1,250
2017	$92 +117.1%	$1,250
2016	$43 +13.4%	$1,250
2014	$37	$1,250
2009	--	--
2008	--	--
2007	--	$12,750
2006	--	$12,750
2005	--	$12,750 +26.2%
2004	--	$10,100
2003	--	$10,100
2002	--	$10,100
2001	--	$10,100 +17.8%
2000	--	$8,575

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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