Memphis TX Multi Family for Sale

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Memphis Real Estate

The median home value in Memphis, TX is $62,600. This is lower than the county median home value of $65,500. The national median home value is $338,100. The average price of homes sold in Memphis, TX is $62,600. Approximately 56.79% of Memphis homes are owned, compared to 22.7% rented, while 20.51% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!

Memphis, Texas 79245 has a population of 2,208. Memphis 79245 is more family-centric than the surrounding county with 23.35% of the households containing married families with children. The county average for households married with children is 21.03%.

The median household income in Memphis, Texas 79245 is $41,685. The median household income for the surrounding county is $41,467 compared to the national median of $69,021. The median age of people living in Memphis 79245 is 42.3 years.

Memphis Weather

The average high temperature in July is 96.3 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 22.8 inches per year, with 4.8 inches of snow per year.

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    15
    30-day change

Memphis Schools and Demographics

Education near Memphis, TX

Metric City County
High School Graduates 82.37 82.59
College Degree - 2 year 9.49 8.48
College Degree - 4 year 16.56 19.32
Graduate Degree 6.19 5.27
Expenditures per Student 14,912 14,912
Students per Teacher 10.3 10.3

Elementary Schools near Memphis, TX

School Grades Students P/T Ratio ZIP
Austin Elementary School 03 - 05 111 11.4 79245
Travis Elementary School PK - 02 165 13.2 79245

Middle Schools near Memphis, TX

School Grades Students P/T Ratio ZIP
Memphis Middle School 06 - 08 119 11.9 79245

High Schools near Memphis, TX

School Grades Students P/T Ratio ZIP
Memphis High School 09 - 12 143 9.3 79245

Ungraded Schools near Memphis, TX

School Grades Students P/T Ratio ZIP
Hedley School PK - 12 112 8.5 79237

Demographics near Memphis, TX 79245

Metric Zip Code City
Neighborhood Type Small Town
Population 2,208 2,875
Population Density 984 3
Median Age 42.3 44.9
People per Household 2.5 2.5
Median Household Income 41,685 41,467
Average Income per Capita 21,683 25,183