2492 Labonte Dr, Memphis, TN 38127
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Property image
OFF MARKET

2492 Labonte Dr
Memphis, TN 38127

Shelby Forest-Frayser
  • 3 Beds
  • 2 Baths
  • 1,082 sqft

$106,200

Trulia Estimate
as of Aug 19, 2026

$106,200

Trulia Estimate
as of Aug 19, 2026
3 Beds
2 Baths
1,082 sqft

Home Value

Trulia Estimate
$106K
Since last month
Decreased$100 (-0.1%)
Since last year
Decreased$8K (-7.2%)
Since last sale
Increased$90K (+559.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +172% in the last 10 years
MonthEstimated value
2026
August 2026$106K
July 2026$106K
June 2026$106K
May 2026$108K
April 2026$109K
March 2026$107K
February 2026$108K
January 2026$109K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4063 Glenalp St, Memphis, TN
0.16
Single-Family Home
$32,540
02/19/26
3
2
1,038
2499 Durham Ave, Memphis, TN
0.08
Single-Family Home
$90,000
04/28/26
3
2
1,248
4021 Knob Dr, Memphis, TN
0.26
Single-Family Home
$50,000
11/25/25
3
2
1,206
2516 Wellons Ave, Memphis, TN
0.12
Single-Family Home
$134,900
09/24/25
3
2
1,078
2518 Derbyshire Ave, Memphis, TN
0.18
Single-Family Home
$67,000
05/07/26
3
2
1,400
2449 Labonte Dr, Memphis, TN
0.09
Single-Family Home
$60,000
07/10/26
3
1
984
4035 N Trezevant St, Memphis, TN
0.23
Single-Family Home
$50,000
10/23/25
3
2
1,186
2466 Durham Dr, Memphis, TN
0.13
Single-Family Home
$149,300
06/11/26
3
2
1,263
4032 Glenalp St, Memphis, TN
0.21
Single-Family Home
$73,000
10/17/25
3
1.5
1,368
2593 Durham Ave, Memphis, TN
0.20
Single-Family Home
$112,000
07/16/26
3
2
1,176

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2477 Labonte Dr, Memphis, TN 38127
0.05
$107,900
3
2
984
Off Market
2504 Labonte Dr, Memphis, TN 38127
0.02
$124,300
3
2
1,188
Off Market
2478 Rammesses Ave, Memphis, TN 38127
0.06
$137,700
4
2
1,451
Off Market
2481 Durham Dr, Memphis, TN 38127
0.08
$127,700
3
2
2,005
Off Market
2482 Redvers Ave, Memphis, TN 38127
0.06
$125,000
3
2
1,110
For Sale
2493 Durham Dr, Memphis, TN 38127
0.08
$98,500
3
2
-
Off Market
2493 Durham Ave, Memphis, TN 38127
0.08
$136,400
3
2
1,198
Off Market
2499 Durham Dr, Memphis, TN 38127
0.08
$99,200
3
2
1,212
Off Market
2499 Durham Ave, Memphis, TN 38127
0.08
$90,000
3
2
1,248
Recently Sold
2505 Durham Ave, Memphis, TN 38127
0.09
$117,900
3
2
1,054
Off Market
2505 Durham Dr, Memphis, TN 38127
0.08
$129,700
3
2
1,074
Off Market
2439 Durham Dr, Memphis, TN 38127
0.13
$94,900
3
2
1,129
For Sale

Local Information

  • Map ViewExplore the area around 2492 Labonte Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,082 sqft
Price/Sqft
$98

About this House

This is a three bedroom, two bath home located on a quiet street in Frayser. The kitchen is spacious and has new flooring, and the bathrooms have new flooring as well. The back yard is fully fenced in and the central HVAC system has been completely cleaned and serviced for new tenant move in.

This owner requires a 15 month lease

Sq. Ft: 1082
Included Appliances: None
Range Connection Type: Electric
Laundry Hookups: Yes
Heating/Cooling: Central HVAC
Water Heater: Electric
Storage Unit: N/A
Garage: N/A

We encourage you to view this property prior to applying.

Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.

We are proud to offer:

24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.

100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.

Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.

Rental Requirements:

-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.)

Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee.

Please note that the home will be rented in as-is condition.
2492 Labonte Dr, Memphis, TN 38127 is a 3 bedroom, 2 bathroom, 1,082 sqft single-family home in Shelby Forest-Frayser. It last sold for $16,100 on Jul 20, 2012 (1,595% above the $950 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $950 per month. That rental listing was removed on December 3, 2025. It is currently off market. The Trulia Estimate is $106,200, with a rent estimate of $1,175/month.

Home Details for 2492 Labonte Dr

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Price and Tax history

DateEventPrice
Dec 3, 2025
Source: Zillow Rentals
ListingRemoved
$950
Nov 7, 2025
Source: Zillow Rentals
Listed For Rent
$950
Sep 12, 2024
Source: Zillow Rentals
ListingRemoved
$895
Jul 11, 2024
Source: Zillow Rentals
Listed For Rent
$895
Oct 22, 2020
Source: Agent Provided
ListingRemoved
$750

Market trends in Shelby Forest-Frayser

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$89.75K
$833MoM
Sale-to-List Price
95.7%
Price per sq ft
$74
$2MoM
Available listings
254
5MoM

Around this home

Neighborhood Overview

Shelby Forest-Frayser
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Shelby Forest-Frayser

At least 128 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 89 % Say yards are well-kept

  • 80 % Say there are sidewalks

  • 77 % Say parking is easy

  • 69 % Say kids play outside

  • 65 % Say there's holiday spirit

  • 62 % Say streets are well-lit

  • 46 % Say it's walkable to grocery stores

  • 45 % Say they plan to stay for at least 5 years

  • 45 % Say it's dog friendly

  • 43 % Say neighbors are friendly

  • 42 % Say it's quiet

  • 38 % Say there's wildlife

  • 36 % Say it's walkable to restaurants

  • 30 % Say there are community events

  • 17 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • DeAnna Carter
    "Stray dogs everywhere some friendly some not so much. Keep your dogs tight and gates locked and closed. "
    7
    Flag
  • Trulia User
    "we have neighborhood watch block parties community gardens and friendly neighbors local stores and churches great food and restaurants playgrounds"
    10
    Flag
  • Trulia User
    "alot of stray dogs. my dog was attacked twice she almost died. if you love ur pets keep a close eye on them."
    2
    Flag
  • Jessica L.
    "They would like the idea if their pets having the privilege of safe and clean grounds to walk about."
    6
    Flag
  • Cassandrabailey0614
    "That they children should be watched at all times because it ain’t safe like it use to be. But overall it’s a nice neighborhood to live in. Affordable rent and nice public and private schools to choose from."
    12
    Flag
  • Swinfreysbw2
    "We have neighborhood Block Parties, that really strengthen the neighborhood , and also , we had the Frayser Christmas Parade , that was for the Community, it was enjoyable, and the people really had a good time."
    9
    Flag
  • Tonya B.
    "My Neighborhood is quiet. I have lived here for three years. I rent my home. Children play outside. Sometimes I hear a lot of gunshots. I am very careful in my neighborhood."
    5
    Flag
  • William P. R.
    "I love the neighborhood just wish it was more to do In the area. There is not a lot of places for kids to go around here. Need more parks and safe zones for the kids "
    5
    Flag
  • Kyomoto3
    "Checked out this home and it's actually really nice. The neighborhood is quiet as well. Really convenient area for a high school as well."
    40
    Flag
  • Michael C.
    "Free safe fun wild people friendly lots of families plenty of shopping areas schools gym's restaurants Barber shops"
    1
    Flag
  • Tonya B.
    "Ive lived in this neighborhood for three years.I live on a quiet street.My neighbors look out for one another."
    25
    Flag
  • Denishalewis85
    "I drive no need for commute although there are bus lines for those who need it as well as other methods of transportation commutes"
    1
    Flag
  • drea T.
    "Great Area that is ver popular for parents and kids and also ive lived here all my life its just any other place it has its up and downs its what you make out of it"
    2
    Flag
  • Ladredasm1974
    "my neighborhood has a bunch of abandoned homes and overgrown grass,many people outside loitering around the corner ssf store "
    1
    Flag
  • Qveennpeachess
    "It’s a nice neighborhood if people would raise their kids to not steal and harm people and encourage them to stay in school "
    1
    Flag
  • Tequalaisom
    "It’s a bit peaceful and I love it! I can finally take my kids trick or treating in a safe commmunity."
    0
    Flag
  • Lpobgcggvfd
    "I’ve lived here for 30+ years, and the neighborhood is still safe and friendly! And the neighbors actually watch out for each other! Also, the neighborhood is clean along the sidewalks, and everyone keeps up their yard in this area!"
    61
    Flag
  • Joyce E. H.
    "My neighborhood is quiet and neighbors are friendly. I just got married and we want to move to Bartlett. I have never seen any buses except for the school buses run in this area."
    1
    Flag
  • Whitney D.
    "It’s an okay place. It has it perks. It could be a great place to live. Just needs a few updates here and there. It could be approved in a lot of great ways. Just need the manpower to do so. "
    6
    Flag
  • Anonymous
    "Constant burglaries. Alarm system and bars on windows are needed if you plan to live here. Don't leave anything out unless you want it stolen."
    18
    Flag
  • Taylorgang5109
    "the lack of police presence regardless of complaints & regular gun shots heard during the night. the amount of stray dogs & cats that wonder the streets with no regard for anyone's safety. "
    10
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2492 Labonte Dr

  • What is 2492 Labonte Dr estimated to be worth?
    Trulia's estimated value for 2492 Labonte Dr in Memphis, TN is $106,200.
  • What is the price history for 2492 Labonte Dr?
    2492 Labonte Dr in Memphis, TN last sold for $16,100 in July 2012.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $89.75K. That is up $833 from the prior month.

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