1029 University St Memphis, TN $ 249,999
1029 University St
$ 249,999
Recently Listed New Construction
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1029 University St

Memphis, TN, 38107
$ 249,999
Bedrooms3 Baths2.0 Sq 1,596

Monthly Estimate*

$ 1,579

1029 University St, Memphis, TN 38107 - Image 1

Single Family Home for sale in Memphis, TN

for $249,999 with 3 bedrooms and 2 full baths. This 1,596 square foot home was built in 2026 on a lot size of 0.16.

NEW CONSTRUCTION IN MIDTOWN MEMPHIS! Welcome to 1029 University Street, offering 3 spacious bedrooms, 2 full baths, high vaulted ceilings, and an open-concept design that feels bright and inviting. The kitchen features a large island and flows seamlessly into the living and dining areas—perfect for entertaining. The spacious primary suite includes a walk-in closet and walk-in shower, while tiled bathrooms with modern finish throughout. Located near Rhodes College, Overton Park, Memphis Zoo, Crosstown Concourse, Broad Avenue, and Overton Square, this home puts you close to some of Midtown’s best dining, entertainment, and outdoor spaces. 100% Financing Available with preferred Lender. New construction, generous space, modern finishes, and a great Midtown location. Welcome home!

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Single Family Active

Price

$ 249,999

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 415

Style

Lot Size

0.16

Year Built

2026

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

3598411

Features
General
Living Area 1596
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Negotiable
Roof Asphalt
Appliances Built-In Electric Oven
Garage Spaces 2
Patio/Porch Features Porch Covered
Construction Materials Hardboard Siding
Pets Allowed Yes
Year Built 2026
Stories Count 1
Topography Rolling Slope
Levels One
Property Subtype Single Family Residence
County Shelby County TN
New Construction Y
Property Type Residential
Attached Garage N
Subdivision Name University Terrace
Garage Y/N Y
Full Baths 2
Status Active
Buyer Financing Conventional FHA VA
Directions From Downtown Memphis: Take I-40 E. to N Watkins St. Turn right onto University St. Property will be located at 1029 University St.
High School Central High
City Memphis
Senior Community Y/N N
Lot Size Units Acres
Elementary School Vollentine Elementary
Property Attached Y/N N
Year Built Details New
Tax Annual Amount 415
Middle/Junior High School Snowden Elementary/Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Open Floorplan Walk-In Closet(s) Kitchen Island
Basement None
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1596
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Builder
Above Grade Finished Area Source Builder
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Fencing Partial
Parking Features Private Driveway
Lot Features Rolling Slope
Water Source Public
Total Parking 2
Lot Size Area 0.16
Building Area Total 1596
Lot Dimensions 50X140
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2
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Internal Only
Street Number 1 1029
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* Excluded Features
List By
Compass Re

Broker

Caprisha.Hudson@Compass.com

Email

Affordability Calculator

$1,613
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,579
Monthly Property Taxes
$35
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5569490 Elementary School
5535803 Middle School
Central High High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$249,999 Listed Price

Map


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1029 University St, Memphis, TN, 38107 is a Single Family Home for sale at $249,999 with 1,596 sqft and a lot size of 0.16. 1029 University St has 3 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 38107 which is in Memphis, TN