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388 Mcfarland Dr; Memphis, TN Property Details

388 Mcfarland Dr, Memphis, TN is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 388 Mcfarland Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,298 square feet. The lot size of 388 Mcfarland Dr is 10,824 square feet.

For Rent
388 Mcfarland Dr Memphis, TN 38109
$1,300 Listing Price
3 Beds
1.5 Baths
1,298 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2022
  • Purchase Price: $150,500
  • Open Loans / Balance: 1 / $108,683
  • Est. Equity / %: $58,317 / 34.92%
  • Gross Yield: 9.873%
  • APN: 07-5248-0-0012
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,298/SqFt
  • Lot: 10,824/SqFt
  • Gross: 1,298/SqFt
  • Living: 1,298/SqFt
  • Building: 1,298/SqFt
  • Ground: 1,298/SqFt
  • Price Per Square Foot: $115.95

Legal Description

  • Description: NS MCFARLAND DR
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.010418 / -90.076935
  • Subdivision: Lakeview Gardens Section D
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7042
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Section D, Lakeview Gardens Association
  • H O A One Type: Home Owner Association

Ownership Info

388 Mcfarland Dr has no associated ownership info
388 Mcfarland Dr has no associated ownership info.

Taxes

388 Mcfarland Dr has 10 associated Taxes items

388 Mcfarland Dr, 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 $41,575. The APN we've located for 388 Mcfarland Dr is 07-5248-0-0012.

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Taxes
  • Assessed Value:  $41,575
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-5248-0-0012
  • Assessed Land Value:  2575
  • Market Land Value:  10300
  • Tax Amount:  1118.37
  • Tax Year:  2025
  • Market Value:  166300
  • Market Year:  2025

Tax History

388 Mcfarland Dr has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,575 Land Value $2,575 Improvement Value $39,000 Tax Amount $1,118.37 Change Rate +0.237902% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $26,650 Land Value $1,800 Improvement Value $24,850 Tax Amount $903.44 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $26,650 Land Value $1,800 Improvement Value $24,850 Tax Amount $903.44 Change Rate +14.265968% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $1,800 Land Value $1,800 Improvement Value Tax Amount $59.18 Change Rate -0.54627% Assessed CR Tax Rate +0.032878%
Year 2020 Assessed Value $1,800 Land Value $1,800 Improvement Value Tax Amount $130.43 Change Rate -0.179737% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $4,975 Land Value $1,800 Improvement Value $3,175 Tax Amount $159.01 Change Rate +0.000063% Assessed CR Tax Rate +0.031962%
Year 2018 Assessed Value $4,975 Land Value $1,800 Improvement Value $3,175 Tax Amount $159 Change Rate -0.023101% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $4,975 Land Value $1,800 Improvement Value $3,175 Tax Amount $162.76 Change Rate -0.370124% Assessed CR Tax Rate +0.032716%
Year 2016 Assessed Value $7,600 Land Value Improvement Value Tax Amount $258.4 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $7,600 Land Value Improvement Value Tax Amount $332.12 Change Rate +0.110881% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $298.97 Change Rate Assessed CR Tax Rate