Active
3 beds

581 Gilleas Rd, Memphis, TN 38109

Single FamilyProperty Type
0.17 acresLot Size
2025Year Built

Description

New Construction, tenant occupied. Great turn key investment property to add to your portfolio.New Construction, tenant occupied. Great turn key investment property to add to your portfolio.
69 days on Market
  • Listed by: Laszlo Nguyen Heckler • eXp Realty, LLC
  • Listed by: Michael Valenza • eXp Realty, LLC
Last updated: 08/16/2026 12:49 AM • Source: MAARMLS, MLS#: 10228521
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Location

Listing Courtesy of eXp Realty, LLC
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Payment Calculator

$834 per month

30 year fixed, 7.03% Interest

Principal and Interest

$827

Property Taxes

$7

HOA Dues

$0

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Property Information for 581 Gilleas Road

Property Details

  • Taxes: $78 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 762A
  • Style: Traditional
  • MAAR Subdivision Name: SUBURBAN LAND CO
  • Legal Subdivision Name: SUBURBAN LAND CO

Building Information

  • Year Built: 2025
  • Lot Size: 0.17 AC / 7,405 SF

Summary

Location and General Information
  • Address: 581 GILLEAS RD
  • Address Search Number: 581
  • Directions: From Third Street/Highway 61, head south, turn left onto Peebles Road, then left onto Ford Road, turn right onto Gilleas Road, and 581 Gilleas Road will be on your right.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 08-16-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: A
  • MLS Map Num: Mitchell/Westwood
  • Neighborhood Association: None
Parking
  • Parking Display: N
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 08-16-2026

Property

Lot Information
  • Lot Size: 50X150
  • Acreage: .17
  • Lot Num: 19
  • Lot Description: Level
  • Parcel ID: 075034 00002
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: Vinyl Siding
  • Misc Exterior: Porch
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Den Great Room Dimensions: 0
  • Dining Room Dimensions: 0
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Heating: Central
  • Living Room Dimensions: 0
  • Living/Dining/Kitchen: Separate Living Room
  • Total Baths: 2

Property History for 581 Gilleas Road

DateEvent & SourcePriceAppreciation
Aug 1, 2026

Listed (Active)

MAARMLS #10228521

$155,000—
Feb 2, 2026

Permanently Off Market

MAARMLS #10202674

—
Dec 30, 2025

Price Change

MAARMLS #10202674

$169,500—
DateEvent & SourcePrice
08/01/2026

Listed (Active)

MAARMLS #10228521

$155,000
02/02/2026

Permanently Off Market

MAARMLS #10202674

—
12/30/2025

Price Change

MAARMLS #10202674

$169,500

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

Public records

581 Gilleas Road

Beds

0

Lot Size

7,500 SqFt

Style

Miscellaneous Vacant Land

Zoning

R-6

County

SHELBY

APN

07-5034-0-0002

Schools near 581 Gilleas Road

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
Public - 9 to 12
Rating
School
Distance
Ford Road Elementary School
PublicPK to 5

Chickasaw Junior High School
Public6 to 8

Mitchell High School
Public9 to 12

Southwest Career And Technical 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.

Similar Homes

581 Gilleas Road is a single family home for sale in Memphis, TN 38109. This property was listed for sale on August 1, 2026 by eXp Realty, LLC, it's currently listed at $155,000. This listing's school district is Memphis-Shelby County Schools. Nearby schools include Ford Road Elementary School, Chickasaw Junior High School and Mitchell High School. 581 Gilleas Road is a 3-bed, 2-bath single family home built in 2025.

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 eXp Realty, LLC

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.