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    Memphis, TX Residential Income Properties for Sale

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    Childress, TX
    Memphis, TX Duplex Investment
    $40,000
    1,404 SF

    Memphis, TX Duplex Investment

    1217 Montgomery Street, Memphis, TX 79245

    Duplex in Memphis, TX: investment opportunity with covered parking.

    • Bricked exterior duplex offers investment opportunity.
    • Each side features 1 bed 1 bath.
    • Covered parking in the rear.
    • Original main sewer line has been replaced.
    • Located in Memphis, TX.
    Updated: May 8
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    Highway Frontage Mixed-Use Land
    $200,000
    3,000 SF

    Highway Frontage Mixed-Use Land

    1315 N. Boykin (US-287), Memphis, TX 79245

    1.5-acre commercial land with high visibility on Highway 287.

    • Excellent 1.5 +- acre corner lot
    • High‑visibility location directly on Highway 287 with high traffic count
    • Ideal for RV park rental spaces or other commercial mixed uses
    • All utilities and curb cuts are already in place
    • Easy ingress/egress from Highway 287 and side street
    Updated: Aug 25, 2022
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Route 66 Commercial Building
    $220,000
    7,200 SF

    Historic Route 66 Commercial Building

    Unique commercial building on Route 66 with nostalgic soda fountain.

    101 W Main Street, Sayre, OK 73662
    View details
    Turnkey RV & Mobile Home Park
    $1,450,000
    1,896 SF

    Turnkey RV & Mobile Home Park

    Immaculate, income-producing RV and mobile home park near I-40.

    2005 NE Highway 66, Sayre, OK 73662
    View details
    Historic Route 66 Mixed-Use Property
    $350,000
    9,800 SF

    Historic Route 66 Mixed-Use Property

    Updated 10-unit property with retail, residential, and business potential.

    98 BROADWAY Avenue, Groom, TX 79039
    View details
    Groom, TX Fourplex Opportunity
    $145,000
    2,600 SF

    Groom, TX Fourplex Opportunity

    Fourplex in Groom, TX with immediate income potential.

    110 BROADWAY Avenue, Groom, TX 79039
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land for Sale in Howardwick
    Contact for pricing
    0.23 Acres

    Land for Sale in Howardwick

    0.23-acre double lot in Donley County, near Amarillo, TX.

    Lots 32-33 Mollybee Drive, Howardwick, TX 79226
    View details
    Cleared Land Near Greenbelt Lake
    Contact for pricing
    0.23 Acres

    Cleared Land Near Greenbelt Lake

    Ready-to-build 0.35-acre lot near Greenbelt Lake in Howardwick, TX.

    Lots 493-495 Pampa Street, Howardwick, TX 79226
    View details
    Residential Land Near Reservoir
    Contact for pricing
    0.43 Acres

    Residential Land Near Reservoir

    Land near the Reservoir with utilities available for building.

    000 Molly Bee, Howardwick, TX 79226
    View details
    Land Near Reservoir in Howardwick
    Contact for pricing
    0.12 Acres

    Land Near Reservoir in Howardwick

    Unimproved land near the Reservoir, suitable for building or mobile home.

    136 Dixie Drive, Howardwick, TX 79226
    View details

    Memphis, TX Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 4,404 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for residential income properties in Memphis, TX start at $40,000, averaging $120,000, and reaching up to $200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Memphis.

    Top Commercial Asset Segments

    Multifamily properties 2
    Duplexes 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 2,291
    Population Growth (5Y) -4.5%
    Median Household Income $46,667
    College Educated 21.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    79245 $200K

    Taxes & Financing

    Tax Rate (average for all types) 2.07%
    Property Tax per SF $24.35 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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