# 1163 W RAINES Rd lot: 7, Memphis, TN 38109

> **TL;DR:** land, $51,900. Est. $277/mo. Listed 53 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $51,900 |
| Lot Size | 144,184 sqft (3.31 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 53 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $262 |
| Estimated Insurance | $15 |
| **Total** | **$277** |

## Property Highlights

- 3.31 acre lot

## Description

### Agent Description
Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future plans. Its strong street access, generous footprint, and development potential make this property especially attractive for builders, investors, or buyers looking to create something with long-term value. Whether you're exploring a small residential project or holding land in a growing area, this tract offers a solid foundation and visibility that is hard to find.

## Location

- **Address:** 1163 W RAINES Rd lot: 7, Memphis, TN 38109
- **County:** Shelby
- **Neighborhood:** UNION CENTRAL LIFE INS CO
- **Coordinates:** 35.035748, -90.103078
- **Google Maps:** https://www.google.com/maps?q=35.035748,-90.103078

## Listing Agent

- **Name:** Terrance Hill
- **Brokerage:** eXp Realty, LLC
- **Phone:** 9016912722

## Primary Photo

![1163 W RAINES Rd lot: 7 - Primary Photo](http://lh.rdcpix.com/9fc1224c4f732900ad132042d6fdb44cl-f4191909619r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.ai/listing/1163-w-raines-rd-lot-7-memphis-tn-38109-10225462)*

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**MLS#:** 10225462 | **Updated:** 2026-08-03
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1163-w-raines-rd-lot-7-memphis-tn-38109-10225462)

---

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