Large Location Icon

1540 Texas St; Memphis, TN Property Details

1540 Texas St, Memphis, TN is a Food Processing that was built in 1940. This property is currently Financed and is not for sale. Our records show that 1540 Texas St has a total of 61,715 square feet. The lot size of 1540 Texas St is 230,391 square feet.

Off market
1540 Texas St Memphis, TN 38106
$199,840 Estimated Value
61,715 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $109,240
  • Open Loans / Balance: 1 / $400,272
  • APN: 03-5083-0-0024C
  • Situs County: Shelby
  • Length Of Ownership: 8 years, 3 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Poor
  • Building Quality: C

Measurements

  • Total: 61,715/SqFt
  • Lot: 230,391/SqFt
  • Gross: 61,715/SqFt
  • Living: 61,715/SqFt
  • Building: 61,715/SqFt
  • Ground: 55,775/SqFt
  • Price Per Square Foot: $1.77

Legal Description

  • Description: ES TEXAS ST TO WS Y & M V RR SEE MAP 157G
Building Insights

Land Information

  • Property Type: Food Processing
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.10493 / -90.06025
  • Subdivision: Texas Street Industrial
  • Property Class: Industrial
  • Zoning: EMP
  • County Use Code: 095

Amenities

  • Cooling: None
  • Heating: None

Ownership Info

1540 Texas St has no associated ownership info
1540 Texas St has no associated ownership info.

Taxes

1540 Texas St has 10 associated Taxes items

1540 Texas St, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $199,840. The APN we've located for 1540 Texas St is 03-5083-0-0024C.

Unlock the full report
Taxes
  • Assessed Value:  $199,840
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-5083-0-0024C
  • Assessed Land Value:  75120
  • Market Land Value:  187800
  • Tax Amount:  5375.7
  • Tax Year:  2025
  • Market Value:  499600
  • Market Year:  2025

Tax History

1540 Texas St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $199,840 Land Value $75,120 Improvement Value $124,720 Tax Amount $5,375.7 Change Rate +1.030934% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $78,080 Land Value $36,480 Improvement Value $41,600 Tax Amount $2,646.91 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $78,080 Land Value $36,480 Improvement Value $41,600 Tax Amount $2,646.91 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $78,080 Land Value $36,480 Improvement Value $41,600 Tax Amount $4,756.35 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $78,080 Land Value $36,480 Improvement Value $41,600 Tax Amount $4,812.11 Change Rate -0.077118% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $71,960 Land Value $36,480 Improvement Value $35,480 Tax Amount $5,214.22 Change Rate +1.26721% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $71,960 Land Value $36,480 Improvement Value $35,480 Tax Amount $2,299.84 Change Rate -0.217824% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $92,000 Land Value $41,280 Improvement Value $50,720 Tax Amount $2,940.31 Change Rate -0.023075% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $92,000 Land Value $41,280 Improvement Value $50,720 Tax Amount $3,009.76 Change Rate -0.090025% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $97,280 Land Value Improvement Value Tax Amount $3,307.52 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $107,080 Land Value Improvement Value Tax Amount $4,251.14 Change Rate +0.333105% Assessed CR Tax Rate +0.039701%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,188.9 Change Rate Assessed CR Tax Rate