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587 Houston St; Memphis, TN Property Details

587 Houston St, Memphis, TN is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 587 Houston St has 2 bedrooms, and 1 bathroom, and a total of 1,015 square feet. The lot size of 587 Houston St is 10,754 square feet.

Off market
587 Houston St Memphis, TN 38111
$257,143 Listing Price
2 Beds
1 Baths
1,015 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $1,800,000
  • Est. Equity / %: $149,000 / 100%
  • Gross Yield: 12.427%
  • APN: 04-6024-0-0004
  • Situs County: Shelby
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,015/SqFt
  • Lot: 10,754/SqFt
  • Gross: 1,294/SqFt
  • Living: 1,015/SqFt
  • Building: 1,015/SqFt
  • Ground: 1,015/SqFt
  • Price Per Square Foot: $1773.40

Legal Description

  • Description: W S HOUSTON 195 FT S OF SOUTHERN
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: 35.115368 / -89.94016
  • Subdivision: T B Neel
  • Property Class: Residential
  • Zoning: CMU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5805
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Heating: Yes

Ownership Info

587 Houston St has no associated ownership info
587 Houston St has no associated ownership info.

Taxes

587 Houston St has 10 associated Taxes items

587 Houston 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 $38,925. The APN we've located for 587 Houston St is 04-6024-0-0004.

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Taxes
  • Assessed Value:  $38,925
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-6024-0-0004
  • Assessed Land Value:  6650
  • Market Land Value:  26600
  • Tax Amount:  1047.08
  • Tax Year:  2025
  • Market Value:  155700
  • Market Year:  2025

Tax History

587 Houston St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,925 Land Value $6,650 Improvement Value $32,275 Tax Amount $1,047.08 Change Rate -0.092219% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $34,025 Land Value $5,325 Improvement Value $28,700 Tax Amount $1,153.45 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $34,025 Land Value $5,325 Improvement Value $28,700 Tax Amount $1,153.45 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $34,025 Land Value $5,325 Improvement Value $28,700 Tax Amount $2,072.69 Change Rate +1.245309% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $34,025 Land Value $5,325 Improvement Value $28,700 Tax Amount $923.12 Change Rate -0.412915% Assessed CR Tax Rate +0.027131%
Year 2020 Assessed Value $21,700 Land Value $5,325 Improvement Value $16,375 Tax Amount $1,572.38 Change Rate +1.267213% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $21,700 Land Value $5,325 Improvement Value $16,375 Tax Amount $693.53 Change Rate +0.000014% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $21,700 Land Value $5,325 Improvement Value $16,375 Tax Amount $693.52 Change Rate -0.094054% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $23,400 Land Value $6,650 Improvement Value $16,750 Tax Amount $765.52 Change Rate +0.122957% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $20,050 Land Value Improvement Value Tax Amount $681.7 Change Rate -0.221972% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $20,050 Land Value Improvement Value Tax Amount $876.19 Change Rate +0.248935% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $701.55 Change Rate Assessed CR Tax Rate