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    507 Henry Hts Memphis, TN 38117

    Picture of Land at Henry Hts 507, Memphis, TN
    For Sale
    $155,000

    Land - Memphis, TN

    Lot size:
    0.16 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 507 Henry Hts

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-6Res
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    MCWATERS & ASSOCIATES REALTORS (901) 372-6611 [email protected]

    Listing agent Julie Upchurch (901) 372-6611

    Listing date Oct 13, 2025

    MLS# 10207653 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Gated Community

    Located in the heart of East Memphis, this vacant lot is situated in the gated Princeton Heights community. The property, identified as Lot 17, is positioned at the end of a quiet street. The lot spans 0.16 acres, making it one of the larger lots in the subdivision, suitable for backyard entertainment while remaining easy to maintain. The community is known for homes built by Chris Tedder, recognized for craftsmanship and style. While existing homes were built by Chris Tedder, the property offers the opportunity to bring your own builder, subject to HOA approval, to design a custom home. This property presents a chance to live in this East Memphis subdivision.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9052
    Latitude
    35.1157

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    FAQs

    What type of property is this?
    Land - Vacant lot in gated East Memphis community, build your dream home.
    Where is this land located?
    The property is located at 507 Henry Hts Memphis, TN.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Build your custom dream home in a desirable East Memphis location.; - Rare opportunity to design a custom home in a hot new neighborhood.; - Located in the gated Princeton Heights community.
    (901) 372-6611
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    507 Henry Hts Memphis, TN 38117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 Henry Hts Memphis, TN 38117
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