$454,649Average Value$190Average Price per Sq Ft52Homes For Sale
Rural living outside of Memphis
On the outskirts of Memphis in southwestern Tennessee, Gray’s Creek’s atmosphere gives its residents the tranquil environment of rural living while still making it easy to get to the nightlife of downtown. Its wide span of home prices, large lots and history, be it one of the area’s first brick homes or a longstanding stagecoach inn, means it has much to offer amid its nature-filled landscape. “It’s a rural setting close to the suburbs but still near city amenities,” says “Big Jon” Dickens, a real estate associate with The FIRM Memphis Real Estate. “People love living in the areas that surround Memphis, and Gray’s Creek is just east enough of town to be secluded with a nice rural feel yet still very close to the city. It’s unique, encompasses a broad area and is multi-generational.”
An expansive range of home prices
Gray’s Creek is known for its wide range of home prices, which can typically range from around $450,000 to upwards of $3 million. Recently-sold homes have primarily sold in the vicinity of $250,000 to $400,000 or $500,000 to $800,000. “It’s mostly residential,” Dickens says. “There’s spots of commercial areas on the western side since that haven’t grown out far enough, so Gray’s Creek is more of a rural setting with winding, two-lane roads and lots of acreage – anywhere from five-to-20-acre properties. Prices depend on the area.” Gated communities also exist, and home styles as a whole tend to include traditional designs, ranch houses, brick Cape Cod architecture and even cottages, modern log cabins and Greek revivals.
A three-school educational journey
At Macon-Hall Elementary School, rated at a C-plus by Niche, students from kindergarten through fifth grade receive an education before graduating to Mt. Pisgah Middle School. Given a C rating by Niche, the Cordova school provides education from to eighth grades with a student-to-teacher ratio of 19 to one. Germantown High School completes grade-school levels in the Gray’s Creek area, receiving a C-plus from Niche while serving as a magnet school for the area and a highly-ranking destination for student-athletes.
Popular dining outside Gray’s Creek
Two of the most popular hangouts are TJ Mulligans, a sports bar on the western side of Gray’s Creek right on Houston Levee Road, and YNOT Cigar Bar & Lounge, which is located in the Houston Levee Shopping Center and offers live music, DJs, karaoke and more. General errands for groceries can be fulfilled at a nearby Kroger on the west side or an Aldi to the north, as well. “Shopping and restaurants are more so found outside Gray’s Creek,” Dickens says. “That’s more into east Memphis, about 15 to 20 minutes away.”
Watery habitats and nearby parks
The Long Ryders’ song “State of My Union” describes a landscape of “lakes and rivers, with lots of fields and streams.” The band wasn’t describing Gray’s Creek, but it’s apt for the layout of the Tennessee neighborhood. The expansive area is peppered with many small bodies of water scattered throughout, and the entire southern boundary consists of the Wolf River separating Gray’s Creek from Collierville. Hinton Park is located close to the southwestern corner of the neighborhood, offering its visitors a playground, soccer fields and a walking trail. Floyd Bryan Memorial Park, located just inside the eastern boundary, features a pair of baseball diamonds.
Hitting the links or waves in Gray’s Creek
Miles of trails make up the Collierville Greenbelt, which is comprised of paved and natural pathways winding through expansive woodland. At Spring Creek Ranch’s golf course, located near the southeastern corner of Gray’s Creek, test your skills on a set of links designed by Jack Nicklaus himself. “There’s also an equine community out here,” Dickens says. “A lot of people like to ride, and this is the closest area where people like to do that. Most people’s recreation in Gray’s Creek is just being outside on their acreage, but they can also go kayaking or canoeing on the Wolf River.”
Close proximity to Memphis
Interstate 269 snakes along the eastern boundary of Gray’s Creek, part of a larger beltway surrounding part of Memphis. It’s about 30 miles and 45 minutes from the neighborhood to the downtown part of the city. Route 64, which runs from close to the intersection of Colorado, Utah, New Mexico and Arizona in the west all the way to the eastern coast, also makes up the upper border of Gray’s Creek, meaning road trips aren’t out of the question.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Gray's Creek
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Gray's Creek Demographics and Home Trends
On average, homes in Gray's Creek, Memphis sell after 72 days on the market compared to the national average of 55 days. The median sale price for homes in Gray's Creek, Memphis over the last 12 months is $435,000, up 26% from the median home sale price over the previous 12 months.
Welcome to 11550 Metz Place in the sought-after Gray’s Creek community of Eads. This spacious 1.5-story home offers 4 bedrooms, 5 baths, and loads of well-designed living space on 2 acres. The flexible layout includes multiple bedrooms upstairs—ideal for separation of space, guests, or work-from-home needs. Enjoy peaceful rural living, with dining and shopping just a short drive away. Step
Welcome to luxury living in the prestigious Spring Creek Ranch Community. This stunning residence makes a grand first impression with custom heavy iron front doors, set perfectly on a quiet, private cove lot. Inside, you’ll find gorgeous hardwood floors that flow seamlessly through an open, light-filled layout. The heart of the home features a spacious kitchen and a cozy hearth room/den, perfect
Welcome to 12335 Cascabel Lane in prestigious Sprng Creek Ranch-an exceptional luxury home built in 2018 offering 4,132 sq ft of refined living. This 4 BR/4.5 BA home features a grand 2 story foyer, private office with barn door, and a vaulted den with cedar beams. The gourmet kitchen includes: SS appliances, gas cooking, and eat in breakfast area. The quartz countertops have a beautiful pattern.
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Where an exceptional array of luxury features combine with quality-crafted apartment homes to support your busy lifestyle! Whether you choose a one, two, or three bedroom apartment homes, your designer living area will provide an opportunity for you to comfortably relax at the end of your day in your roman-style garden tub, unwind on your private patio or balcony, or enjoy entertaining friends
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Welcome to your new home in the heart of Cordova! This spacious 3-bedroom, 2-bath rental features an additional bonus room, perfect for a home office, playroom, or extra living space. With an open and inviting layout, this home offers ample natural light, a large living area, and a well-equipped kitchen with modern appliances, perfect for both everyday living and entertaining. The furniture and
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at Coming soon! This home is
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist
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