540 McElroy Road
Description
- Listed by: Loyd Templeton • Hobson, REALTORS
- Listed by: Amy Moss • Hobson, REALTORS
Recent comparable sales
Median sold price
$455,000
Avg days on market
76
Sale-to-list ratio
94.1%
Memphis, TN
9 comparable properties found
$310,000
Sold 05/01/26
- 5
- Bedrooms
- 3
- Bathrooms
- 2,932
- Square Feet
- 0.47
- Acres
$315,000
Sold 02/28/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,896
- Square Feet
- 0.42
- Acres
$609,900
Sold 05/30/25
- 5
- Bedrooms
- 3
- Bathrooms
- 3,291
- Square Feet
- 0.16
- Acres
$455,000
Sold 03/30/26
- 5
- Bedrooms
- 3
- Bathrooms
- 3,065
- Square Feet
- 0.48
- Acres
$320,000
Sold 10/02/24
- 4
- Bedrooms
- 3
- Bathrooms
- 2,932
- Square Feet
- 0.2
- Acres
$475,000
Sold 05/28/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,947
- Square Feet
- 0.5
- Acres
$237,500
Sold 05/29/26
- 5
- Bedrooms
- 3
- Bathrooms
- 2,362
- Square Feet
- 0.22
- Acres
$538,000
Sold 06/26/25
- 5
- Bedrooms
- 3
- Bathrooms
- 3,716
- Square Feet
- 0.36
- Acres
Location
Sold By Crye-Leike, Inc., REALTORS
Payment Calculator
$1,939 per month
30 year fixed, 6.55% Interest
$1,372
$566
$0
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1Property Information for 540 McElroy Road
- Taxes: $6,795 / year
- MLS Type: Residential / Detached Single Family / No
- County: Shelby County
- Area: 756B
- Style: Traditional
- MAAR Subdivision Name: MCELROY
- Legal Subdivision Name: MCELROY
- Stories: 1
- Year Built: 1969
- Lot Size: 0.40 AC / 17,424 SF
- Address: 540 MCELROY RD
- Address Search Number: 540
- Directions: From Walnut Grove and White Station * Travel north on White Station towards Summer Ave. * Take a right on Mason and a Left on Mcelroy. Home will be on the right.
- Map Coordinate: B
- MLS Map Num: White Station
- Neighborhood Association: None
- Attached Detached Parking: Attached
- Carport Garage: Carport
- Parking Display: C3A
- Parking/Storage: Driveway/Pad, Storage Room(s)
- LVT Date: 02-27-2016
- Lot Size: 105X341
- Acreage: .40
- Lot Num: 8
- Lot Description: Wooded, Level, Wood Fenced, Chain Fenced
- Parcel ID: 068066 00071
- Detached Unit Type: General Residential
- Flood Insurance Required: No
- Foundation: Slab
- Prop Construction Status: Existing Property
- Security: Burglar Alarm
- Service Type: Full Service Listing
- Termite Contract: Yes
- Cooling: Central
- Water & Sewer: Gas Water Heater, Public Water, Public Sewer
- Exterior/Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
- Misc Exterior: Dog Run, Storage Building, Patio
- Misc. Interior: Wet Bar, Walk-In Closet(s), Permanent Attic Stairs
- Pool Description: In Ground
- Roof: Composition Shingles
- Num of Fireplaces: 1.0
- 1st Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room, Sun Room
- Additional Br/Bath Info: All Bedrooms Down, Master Down
- Apprx Heated Sq Ft Range: Not Available
- Bedroom 2 Description: Level 1, Carpet
- Bedroom 2 Dimensions: 12x11
- Bedroom 3 Description: Level 1, Carpet
- Bedroom 3 Dimensions: 13x11
- Bedroom 4 Description: Level 1, Carpet
- Bedroom 4 Dimensions: 12x11
- Bedroom 5 Description: Level 1, Walk-In Closet, Carpet
- Bedroom 5 Dimensions: 14x11
- Bedrooms Down: 5.0
- Breakfast Dimensions: 10x9
- Den Great Room Dimensions: 22x13
- Dining Room Dimensions: 13x11
- Fireplace: Masonry, In Den/Great Room
- Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
- Heating: Central, Gas
- Interior Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Dishwasher, Cable Wired
- Kitchen Dimensions: 12x10
- Living Room Dimensions: 16x12
- Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
- Master Bath Description: Tile Floor
- Master Bedroom: Level 1, Walk-In Closet, Carpet
- Master Bedroom Dimensions: 17x15
- Other Rooms: Laundry Room, In-Law Quarters, Separate Guest House, 2nd Kitchen, Entry Hall, Attic, Storage Room
- Total Baths: 3
Property History for 540 McElroy Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 21, 2016 | Sold (Public Record) Public Record #569189422 | $270,100 | +35.5% / yr |
| Apr 21, 2016 | Sold REALTRACS #3163345 | $270,000 | — |
| Apr 21, 2016 | Sold MAARMLS #9971397 | $270,000 | — |
| Apr 21, 2016 | Contract Signed REALTRACS #3163345 | — | |
| Mar 29, 2016 | Contract Signed MAARMLS #9971397 | — | |
| Feb 27, 2016 | Listed (Active) MAARMLS #9971397 | $275,000 | — |
| Aug 29, 2014 | Sold (Public Record) Public Record #433808157 | $163,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/21/2016 | Sold (Public Record) Public Record #569189422 | $270,100 +35.5% / yr |
| 04/21/2016 | Sold REALTRACS #3163345 | $270,000 |
| 04/21/2016 | Sold MAARMLS #9971397 | $270,000 |
| 04/21/2016 | Contract Signed REALTRACS #3163345 | — |
| 03/29/2016 | Contract Signed MAARMLS #9971397 | — |
| 02/27/2016 | Listed (Active) MAARMLS #9971397 | $275,000 |
| 08/29/2014 | Sold (Public Record) Public Record #433808157 | $163,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 540 McElroy Road
Schools near 540 McElroy Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Richland Elementary School PublicPK to 5 | ||
White Station Middle School Public6 to 8 | ||
White Station High School Public9 to 12 | ||
MCS Prep School - Northeast 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.
Similar Homes
New listings in 38120
$679,000
- 4
- Bedrooms
- 5
- Bathrooms
- Unavailable
- Square Feet
- 0.17
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 540 McElroy Road, Memphis, TN 38120 | $270,000 | 5 | 3 | 3,336 | 17,424 |
$254,000 | 4 | 3 | 2,752 | 13,939 | |
– | – | – | – | 9,191 | |
– | – | – | – | 7,362 | |
– | 3 | 2 | 1,917 | 19,299 | |
– | 3 | 2 | 1,719 | 10,934 | |
– | 3 | 2 | 1,636 | 8,494 | |
$395,000 | 4 | 3 | 2,487 | 8,276 | |
– | 3 | 2 | 1,711 | 8,581 | |
– | 3 | 3 | 2,404 | 8,843 | |
$260,000 | 3 | 3 | 1,896 | 4,895 | |
– | 3 | 2 | 1,677 | 10,759 | |
$350,000 | 2 | 1 | 1,595 | 115,173 | |
$825,657 | – | – | – | 10,350 | |
– | 4 | 4 | 3,886 | 12,031 | |
$218,100 | 3 | 2 | 1,782 | 11,325 |
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Listing Courtesy of Hobson, REALTORS
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.