3 Days Ago
Location
4131 Wagon Wheel Drive, Memphis, Tennessee 38127, United States|Rangeline
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Advantage Property Management
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About 4131 Wagon Wheel Drive
This attractive three-bedroom, two-bathroom residence, situated in the Frayser area, is move-in ready. It boasts brand-new flooring installed throughout, providing a fresh and modern feel. Enjoy generously sized bedrooms and a spacious, well-appointed kitchen. Included Appliances: Dishwasher Range Connection Type: Electric Laundry Hookups: Yes Heating/Cooling: Central HVAC Water Heater: Electric Storage Unit: N/A Garage: N/A Fenced: Backyard If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. *** If you have any questio..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4131 Wagon Wheel Drive compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 200 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Rangeline |
|---|---|
| Zip code | 38127 |
| Type | House for rent |
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Rent trends in Rangeline
3-bedroom apartments at 4131 Wagon Wheel Drive cost about 23% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Dec 6 2025.
Rangeline
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,375 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,309 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,025 |
| January 2024 | $1,025 |
| February 2024 | $1,044 |
| March 2024 | $1,094 |
| April 2024 | $1,093 |
| May 2024 | $1,101 |
| June 2024 | $1,056 |
| July 2024 | $1,020 |
| August 2024 | $1,045 |
| September 2024 | $1,048 |
| October 2024 | $1,080 |
| November 2024 | $1,067 |
| December 2024 | $1,052 |
| January 2025 | $1,046 |
| February 2025 | $1,046 |
| March 2025 | $1,044 |
| April 2025 | $1,043 |
| May 2025 | $1,060 |
| June 2025 | $1,008 |
| July 2025 | $995 |
| August 2025 | $1,052 |
| September 2025 | $1,048 |
| October 2025 | $1,026 |
| November 2025 | $999 |
| December 2025 | $995 |
Affordability calculator
Can I afford to live at 4131 Wagon Wheel Drive?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$49,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $49,000 annually to afford this 3-bedrooms monthly rent price of $1,225.
For more information on rent affordability, visit our rent calculator.
Schools near 4131 Wagon Wheel Drive
Hawkins Mill Elementary School
4295 mountain terrace st
memphis, TN, 38127
PK, K-5Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
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Internet available near 4131 Wagon Wheel Drive
Neighborhood
Rangeline | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 4131 Wagon Wheel Drive
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4131 Wagon Wheel Drive, Memphis
Groceries
2/10
No grocery stores within walking distance
Shopping
3/10
Some shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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