For sale Home

Listed Oct 19, 2026

$430,000 Est. $2,844/mo

507 Melody Lane

  • 3

    Beds

  • 2

    Baths

  • 1,847

    Sq ft

The story

East Memphis charm at its finest! Nestled in a peaceful cove, 507 Melody Lane is a rare find offering timeless character, beautiful updates, and exceptional outdoor living! This 3BR/2BA home features newly refinished original hardwoods, gorgeous bay windows, and abundant natural light. The kitchen boasts granite countertops and an island, opening to a light-filled den with a brand new manual gas fireplace- chimney has been rebuilt at top and relined. The newly renovated solid wood covered carport is an entertainer’s dream, complemented by a beautiful brick patio, fully fenced and gated spacious backyard with brand new, two room storage area adds incredible versatility! Additional upgrades include gutter guards and a GAF Timberline HDZ Class 4 roof. Enjoy the charm of an established neighborhood and quiet cove living, all in a fantastic East Memphis location convenient to everything!

Facts & features

Home type

Home

Year built

1963

Floors

1

Price per sq ft

$233

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Flooring

    Hardwood

  • Roof

    Composition

  • Lot Information

    Few Trees, Landscaped

Mortgage calculator

Estimated monthly payment

$2,844 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,289
  • Property tax $430
  • Insurance $125

Includes principal, interest, taxes & insurance.

Your Property Journey

Interested in this, or something like it?

Submit an inquiry

Drop your details and we will help you find what you are looking for.

Not quite. Help me find the right one

Talk it through or type it out, whichever feels easiest.

Your contact details

An agent will reach out personally, no automated calls.

Smart Assistant

Hi, how can I help you find your dream home?

Tap the voice button to talk, or just start typing.

Tap anywhere to fix a word or add more

Tap stop when you’re done. You can edit the text before searching.

By submitting, you agree to our Privacy Policy and Terms.

Listing Broker

Keller Williams

Broker Name

Keller Williams

Agent

Lauren Yoakum