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Lexington 38351
259 Jemma Dr
Photo of 259 Jemma Dr
Sold on Jun 13, 2025

21

Map

Photo of 259 Jemma Dr
Photo of 259 Jemma Dr
$215,000
● House - Off Market

259 Jemma Dr

Lexington, TN 38351
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,590 Ft²
$1,244
Est. Monthly
6.44%
Cap Rate

About This Property

Pope subdivision.. 3 bedrooms, 2 bath. Kitchen has appliances and new stainless refrigerator. Laundry room located off kitchen and 2 car garage. Large family room, foyer entrance. Roof replaced 2017. New HVAC system. 12x20 Screened back porch. Fenced back yard. Storage building for your mowers or storage convenience. Call for additional information or to schedule your showing.
Unit Size
1,590 Ft²
Days on Market
66 days
Land Size
0.43 acres
Price per sqft
$148
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (Realtracs #RTC2815265)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Mar 24, 2025 Listed by RE/MAX Unlimited $234,900
Listed by RE/MAX Unlimited
Sep 2, 2017 Listed $118,900
Listed
For more information, contact Jean Ann Davies at (731) 695-1110. Visit http://www.crye-leike.com/jacksontn/179292 to view more pictures of this property. The manager has listed the unit size as 1500 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 25
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOT 20
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 05, COUNTY AREA: G01

Neighborhood

  • School District Name: Henderson County School District in Lexington
  • School Tax School District: 39413
  • Census Tract: 975301

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 071N
  • District: 05
  • Parcel: 039082C F 02000
  • Lot: 20
  • Municipality: LEXINGTON
  • Latitude: 35.6671
  • Longitude: -88.3698

    Address

  • Full Address: 259 Jemma Dr
  • Address - House Number: 259
  • Address - Street Name: Jemma
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lexington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1359
  • Zip Code: 38351

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $88,500
  • Tax Rate Code Area: 39A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 413,423
  • High Value: 603,240
  • Low Value: 223,605

    Market Valuation

  • Market Total Value: $162,900
  • Market Land Value: $20,000
  • Market Improvement Value: $142,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,725
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $35,725

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Dec 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 97795
  • Previous Sale Recording Date: Dec 22, 2010
  • Previous Sale Contract Date: Dec 22, 2010
  • Previous Sale Amount: $107,700
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lexington

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

111

Average Home Size

2364 ft²

Average Home Age

46.3 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Andrea Crawford, RE/MAX Unlimited
Last Updated: 6 months ago
Data Source: Realtracs, MLS# RTC2815265
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 259 Jemma Drive built and last sold?
The property at 259 Jemma Drive was built in 1993 and last sold on Nov 17, 2017 for $117,000.
How much is this home worth?
The estimated value of the home located at 259 Jemma Drive is $0.
What are some comparable homes to 259 Jemma Drive?
There are currently no comparable homes to 259 Jemma Drive.
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