2500 Houston Levee Rd in Collierville sells for $1.16 million

The home sold for $1,160,000, 52% above its recorded market value of $762,200. The Shelby County Assessor of Property's sales records show the sale closed August 28, 2026, at 2500 Houston Levee Rd in Collierville.

An aerial photo shows the parcel steps from a pond, with a pool and trees covering much of the lot. Other houses surround it.

The record lists William F. & Kimberly S. Burns as the buyer.

The Assessor's records show 4 bedrooms, 5 bathrooms, 4,582 square feet of living area and a 1.36-acre lot. The build year is 1974. The price works out to $253 per square foot. The last sale on record was $700,000 in 2023. This sale price is 66% above that.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Shelby County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $350 for the settlement / closing fee and $45 for the wire / courier / payoff processing. Who pays what follows Shelby County custom.

How much did the seller net?

By our estimate, the seller netted about $1,097,029. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $256,057 at closing. That covers the down payment and closing costs.

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