5259 Stage Rd
Memphis, TN 38134
Raleigh(on 2.95 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.18 | Lot/Land | $58,000 | 01/08/26 | - | - | ||
0.19 | Lot/Land | $30,000 | 09/16/25 | - | - | ||
1.70 | Lot/Land | $140,000 | 05/21/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.08 | $235,200 | 3 | 2 | 1,767 | Off Market | |
0.08 | $245,900 | 4 | 2 | 2,240 | Off Market | |
0.15 | $246,700 | 4 | 2 | 2,168 | Off Market | |
0.13 | $237,000 | 4 | 2 | 2,244 | Off Market | |
0.16 | $232,600 | 4 | 2 | 2,100 | Off Market | |
0.17 | $236,300 | 4 | 2.5 | 2,431 | Off Market | |
0.18 | $58,000 | - | - | - | Recently Sold | |
0.20 | $225,000 | 3 | 2 | 1,835 | Recently Sold | |
0.18 | $247,800 | 4 | 2 | 2,085 | Off Market | |
0.15 | $212,100 | 4 | 4 | 2,304 | Off Market | |
0.15 | $212,200 | 4 | 3 | 2,303 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
2.95 acres
About this House
PRIME R-10 DEVELOPMENT OPPORTUNITY-2.96 Acres | 5259 Stage Road, Memphis, TN 38134 $227,000 | 6-12 potential Home Sites. Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices? Quick ROI scenario (10 homes): 10 homes × $350,000 = $3.5M gross Land + construction + infrastructure = ~$2.75M potential profit: $750K+ Blue Sky Communities just validated this market with their $162M Union Depot development nearby—337 flats, 161 single-family homes at ~$450K, and 70 townhouses at ~$300K. Institutional money chose this corridor for a reason. Location advantages: I-40 access (1.5 miles) - BlueOval City bringing 3,000+ new Bartlett residents Wolfchase Galleria (minutes away)Buyer is responsible for utility connections, permits, and infrastructure.Established neighborhoods surrounding the property Verify all information independently.
Last check for updates: about 3 hours ago
Listed by Jason Miller, (901) 212-4141
eXp Realty
Bought with: Nash Hassen, (901) 550-9255, Grand Point Realty, LLC
Source: RealTracs MLS as distributed by MLS GRID, MLS#3223676

Home Details for 5259 Stage Rd
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MLS Status: Closed |
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Heating & Cooling No CoolingNo Heating |
View No View |
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Exterior Home Features No Private Pool |
Frontage Road Surface Type: PavedNot on Waterfront |
Surface & Elevation Topography: Wooded |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 088012 00081 |
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Price List Price: $144,977 |
Status Change & Dates Off Market Date: Sun May 24 2026Possession Timing: Immediate |
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Direction & Address City: BartlettCommunity: Unsubdivided |
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Not Senior Community |
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Lot Area: 2.95 Acres |
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Special Conditions: Standard |
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Mls Number: 3223676Attribution Contact: 9012124141 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 26, 2026 Source: RealTracs MLS as distributed by MLS GRID #3223676 | Sold | $120,000 |
May 25, 2026 Source: MAAR #10222341 | Pending | $144,977 |
May 25, 2026 Source: MAAR #10222341 | Listed For Sale | $144,977 |
May 1, 2026 Source: eXp Realty #10208229 | ListingRemoved | $144,977 |
Apr 3, 2026 Source: MAAR #10208229 | PriceChange | $144,977 Price decreased by 3% |
Jan 15, 2026 Source: MAAR #10208229 | PriceChange | $149,977 Price decreased by 16% |
Dec 11, 2025 Source: MAAR #10208229 | PriceChange | $179,000 Price decreased by 10% |
Nov 27, 2025 Source: MAAR #10208229 | PriceChange | $199,700 Price decreased by 4% |
Nov 14, 2025 Source: MAAR #10208229 | PriceChange | $207,000 Price decreased by 9% |
Oct 30, 2025 Source: MAAR #10208229 | PriceChange | $227,000 Price decreased by 8% |
Oct 22, 2025 Source: MAAR #10208229 | Listed For Sale | $247,500 |
Dec 16, 2005 Source: N/A | Sold | $106,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $555 | $42,100 |
Home facts updated by county records
Market trends in Raleigh
Last updated July 2026
Avg. sale price
$141K
$7.97KMoM
Sale-to-List Price
97.3%
1.2%MoM
Price per sq ft
$91
$7MoM
Available listings
219
6MoM
Around this home
What Locals Say about Raleigh
At least 301 Trulia users voted on each feature.
86 % Say car is needed
83 % Say yards are well-kept
74 % Say parking is easy
66 % Say there are sidewalks
65 % Say there's holiday spirit
62 % Say kids play outside
57 % Say streets are well-lit
52 % Say it's dog friendly
48 % Say it's quiet
44 % Say there's wildlife
43 % Say neighbors are friendly
36 % Say they plan to stay for at least 5 years
26 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
20 % Say people would walk alone at night
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 15:58:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 5259 Stage Rd
- What is the price history for 5259 Stage Rd?5259 Stage Rd in Memphis, TN last sold for $120,000 in May 2026.
- Is Memphis a buyer's or seller's market?Memphis is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Memphis?The median sale price in Memphis is $141K. That is down $7.97K from the prior month.
- What do residents say about the Raleigh neighborhood?Residents describe the Raleigh neighborhood in Memphis, TN as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Raleigh, Memphis.

