Active
3 beds
4950 Pheasant Ridge Cove, Memphis, TN 38141
Est: $1,324/moGet pre-approved
Single FamilyProperty Type
0.27 acresLot Size
1986Year Built
2 carsParking Spaces

Description

Investment opportunity! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in...Investment opportunity! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in a quiet, well-maintained neighborhood with strong curb appeal, this property is an outstanding addition to any investment portfolio. See the potential for yourself!
93 days on Market
  • Listed by: Realis Sanders • Keller Williams
Last updated: 08/31/2026 02:39 PM • Source: MAARMLS, MLS#: 10225156

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Location

Listing Courtesy of Keller Williams
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$1,324 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,185

Property Taxes

$140

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4950 Pheasant Ridge Cove

Property Details
  • Taxes: $1,675 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 789B
  • Style: Traditional
  • MAAR Subdivision Name: PHEASANT RUN (THE VILLAGE OF) SEC B
  • Legal Subdivision Name: THE VILLAGE OF PHEASANT RUN SEC B
Building Information
  • Stories: 1
  • Year Built: 1986
  • Lot Size: 0.27 AC / 11,761 SF
Summary
Location and General Information
  • Address: 4950 PHEASANT RIDGE CV
  • Address Search Number: 4950
  • Directions: Head south on Ross road from Winchester for approximately 2 miles. Cross Shelby Drive for another mile heading south. Make a left on Pheasant Run and keep straight until you reach Pheasant Ridge Cove. Home is in the center of the cove.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 07-01-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: B
  • MLS Map Num: Germantown Extended/State Line
  • Neighborhood Association: None
Parking
  • Parking Display: N2
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 07-01-2026
Property
Lot Information
  • Lot Size: 64X135
  • Acreage: .27
  • Lot Num: 19
  • Lot Description: Some Trees, Cove
  • Parcel ID: D0255S E00056
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition
  • Misc Exterior: Wrought Iron Security Drs
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 1.0
  • Additional Br/Bath Info: All Bedrooms Down, Primary Down
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Wood Laminate Floors
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Separate Dining Room, Great Room, Washer/Dryer Connections
  • Total Baths: 2

Property History for 4950 Pheasant Ridge Cove

DateEvent & SourcePriceAppreciation
Aug 31, 2026

Price Change

MAARMLS #10225156

$221,900—
Jul 28, 2026

Price Change

MAARMLS #10225156

$224,900—
Jun 29, 2026

Price Change

MAARMLS #10225156

$239,900—
DateEvent & SourcePrice
08/31/2026

Price Change

MAARMLS #10225156

$221,900
07/28/2026

Price Change

MAARMLS #10225156

$224,900
06/29/2026

Price Change

MAARMLS #10225156

$239,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4950 Pheasant Ridge Cove

Taxable ValueLand$12,025Additions$50,250Total$62,275
Tax Record2025$1,675 ($140 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories1Lot Size12,102 SqFtStyleSingle Family ResidenceYear Built1986Year Renovated1986ZoningR-8CountySHELBYAPND0-255S-E0-0056

Schools near 4950 Pheasant Ridge Cove

This home is within Memphis-Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Highland Oaks Elementary School
PublicPK to 5

Highland Oaks Middle School
Public6 to 8

Southwind High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4950 Pheasant Ridge Cove is a single family home for sale in Memphis, TN 38141. This property was listed for sale on June 29, 2026 by Keller Williams, it's currently listed at $221,900. It has been on the market for a total of 93 days and was last sold on August 31, 2001. This listing's school district is Memphis-Shelby County Schools. Nearby schools include Highland Oaks Elementary School, Highland Oaks Middle School and Southwind High School. 4950 Pheasant Ridge Cove is a 3-bed, 2-bath single family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.