Lot/land

Price cut: $60K (5/11)

$40,000

707 Craft Rd, Memphis, TN 38116

--beds

--baths

0.71Acres

Unimproved Land

Built in ----

0.71 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Excellent visibilitySpacious parcelCorner lotEstablished area

Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an established area with nearby schools, shopping, and major roads, this lot provides both convenience and flexibility. Don’t miss your chance to own a versatile piece of land in a growing part of Memphis—bring your vision and make it happen!

396 days

33

0

Facts & features

Property

Lot

Size: 0.71 Acres
Dimensions: 85 x 203
Features: Corner Lot
Topography: Wooded

Details

Parcel number: 077031 00001
Zoning: r
Zoning description: Adjacent Area: Unknown

Utilities & green energy

Utilities for property: None

Community & HOA

Community

Subdivision: Interurban Heights

Location

Region: Memphis

Financial & listing details

Tax assessed value: $20,200
Annual tax amount: $260
Date on market: 5/8/2025
Cumulative days on market: 397 days
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,100/mo

Price history

Date	Event	Price
5/11/2026	Price change	$40,000-60%
Source: MAAR #10196244 Report a problem
5/8/2025	Listed for sale	$100,000+300%
Source: MAAR #10196244 Report a problem
2/2/2022	Sold	$25,000+25%
Source: MAAR #10115658 Report a problem
1/25/2022	Listed for sale	$20,000
Source: MAAR #10115658 Report a problem
1/13/2022	Pending sale	$20,000
Source: MAAR #10115658 Report a problem
1/13/2022	Listed for sale	$20,000-20%
Source: MAAR #10115658 Report a problem
12/15/2021	Listing removed	--
Source: MAAR #10103983 Report a problem
7/14/2021	Listed for sale	$25,000+455.6%
Source: MAAR #10103983 Report a problem
4/13/2021	Sold	$4,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$266 +2.3%	$5,050 +27.8%
2024	$260 +8.1%	$3,950
2023	$241	$3,950
2022	--	$3,950
2021	--	$3,950
2020	$126	$3,950
2019	$126 -21.1%	$3,950
2018	$160 -45.1%	$3,950
2017	$292 +103%	$3,950 -6.5%
2016	$144 +68.4%	$4,225
2014	$85	$4,225

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

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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