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5597 Fair, Memphis, TN 38115

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For Sale

$254,900

4 beds • 3 baths

Estimated Payment

$ 1,557 /mo. †

6.67% APR for 30 yrs.
$2,937 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

4bdr/3ba home Nestled across the street from Fox Meadows golf course, walking distance to Wilson Park and Fox Meadows Elementary School. NEW ROOF 2019, NEW Hotwater heater 2022. Hardwood floors, tiled bathrooms in good condition & a lovely large brick back patio for entertaining. Cozy den with real hardwood floors, brick fireplace and built-in bookcases. Primary bedroom has a sitting area or a potential dressing area. Upstairs entertainment room has vaulted ceiling with a wetbar. Price reflects "AS IS" condition.
MLS# 10192492

Courtesy Of Banyan Tree Realtors

(901) 853-8666

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Security System, Security System
  • Architecture Style
    New Traditional
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Tile, Wood
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.23 Acres
  • Rooms
    Den, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 5597 Fair, Memphis, TN 38115

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,312
  • Property Taxes
    $244
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,557

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Fox Meadows Elementary School

Grades PK-5 Public School

Memphis, TN 38115 0.3 miles
2960 emerald st

561 total students
16:1 Student teacher ratio

School Rating: C+

School Details

Wooddale Middle School (asd)

Grades 6-8 Public School

Memphis, TN 38118 1.1 miles
3467 castleman st

380 total students
15:1 Student teacher ratio

School Rating: D

School Details

Wooddale High School

Grades 9-12 Public School

Memphis, TN 38118 1 miles
5151 scottsdale ave

688 total students
18:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Sensational Enlightment 0.7 miles Private KG-5
Newberry Elementary School 0.7 miles Public PK-5 B-
Power Center Academy High School 0.9 miles Public 9-12 D+
Compass Community School Hickory Hill Campus 0.9 miles Public KG-8 C+
Power Center Academy Elementary School 0.9 miles Public KG-5 B-
Power Center Academy Middle School 1.1 miles Public 6-8 C-
Belle Forest Community School 1.1 miles Public PK-5 C
Hooks Dimmick Child Care Center 1.2 miles Public PK
Balmoral-ridgeway Elementary School 1.2 miles Public KG-5 C+
Evans Elementary School 1.3 miles Public PK-5 D
Ridgeway Early Learning Center 1.3 miles Public PK
Winridge Elementary School 1.5 miles Public PK-5 C
Memphis School Of Excellence 1.6 miles Public 6-12 C-
Memphis Merit Academy 1.6 miles Public KG-2
Ridgeway Middle School 1.7 miles Public 6-8 C-
Hickory Ridge Elementary School 1.7 miles Public PK-5 B
Cromwell Elementary School 1.7 miles Public KG-5 C+

Sensational Enlightment

Distance: 0.7 miles

Type Private

Grades: KG-5

Newberry Elementary School

Distance: 0.7 miles

Type Public

Grades: PK-5

B-

Power Center Academy High School

Distance: 0.9 miles

Type Public

Grades: 9-12

D+

Compass Community School Hickory Hill Campus

Distance: 0.9 miles

Type Public

Grades: KG-8

C+

Power Center Academy Elementary School

Distance: 0.9 miles

Type Public

Grades: KG-5

B-

Power Center Academy Middle School

Distance: 1.1 miles

Type Public

Grades: 6-8

C-

Belle Forest Community School

Distance: 1.1 miles

Type Public

Grades: PK-5

C

Hooks Dimmick Child Care Center

Distance: 1.2 miles

Type Public

Grades: PK

Balmoral-ridgeway Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

C+

Evans Elementary School

Distance: 1.3 miles

Type Public

Grades: PK-5

D

Ridgeway Early Learning Center

Distance: 1.3 miles

Type Public

Grades: PK

Winridge Elementary School

Distance: 1.5 miles

Type Public

Grades: PK-5

C

Memphis School Of Excellence

Distance: 1.6 miles

Type Public

Grades: 6-12

C-

Memphis Merit Academy

Distance: 1.6 miles

Type Public

Grades: KG-2

Ridgeway Middle School

Distance: 1.7 miles

Type Public

Grades: 6-8

C-

Hickory Ridge Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B

Cromwell Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38115

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Memphis, TN 38115

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
15,843 Total Households in Area
-1.7% Increase in population since the year 2010
30.2%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38115

Memphis, TN 38115 has a population of 39,882 people in 15,843 households with a median age of 32 years old.

-1.7%
Decrease in population
since the year 2010
Population is Trending down
16,420
Total households as of 2010
1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 80%
Hispanic 11%
Other 8%
White 7%
Asian <1%
Native American <1%
The most prevalent ethnicity is Black at 80%, followed by Hispanic at 11%, Other at 8%, and White at 7%.

Economics
for Memphis, TN 38115

4,647 /sq mi
Population Density
$43,659 /yr
Median Household Income
$153,250
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.25% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 4%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Rented 11,891 66%
Owned 3,952 22%
Vacant 2,273 13%

White vs Blue Collar Jobs







White Collar 52%
Blue Collar 48%

Family & Education Facts
for Memphis, TN 38115

32 Median Age

Average Household Size

2.5
persons per
household

18%

Married Households

Community Population By Education

High School Graduate 35%
Some College 27%
Some High School 13%
Bachelors Degree 10%
Associates Degree 7%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.21% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.2% of households have children

Weather
for Memphis, TN 38115

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
50°
72°
May
59°
80°
Jun
67°
88°
Jul
70°
91°
Aug
69°
90°
Sep
62°
84°
Oct
49°
74°
Nov
40°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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