For Sale
20 Hughetta Street North
Oakland,
TN
38060
💰 $405,000
🛏️ 5 Bedrooms
🛁 3 Baths
🏠 2500 SF
🔨 Built in 2024

About This Property

Turnkey Rental Start earning rental income immediately. This turnkey property will be move-in ready for tenants the day you close escrow. Our local property management team will take care of everything for you. | New Construction This is a brand new home that has never been lived in. New construction homes typically have the highest overall ROI of any single-family rental property. | Build-to-Rent Meridian's build-to-rent properties are designed to attract and retain long-term tenants. We use durable materials, modern amenities, and open floor plans. | Class A Property This property is rated Class A. It is a top-tier property in a desirable neighborhood, featuring premium construction, modern finishes, and strong rental demand—ideal for stable appreciation and high-quality tenants.

This newly built, five-bedroom home in Carrington Estates offers 2,500 square feet of thoughtfully designed living space with durable construction and low-maintenance finishes, making it ideal for both homeowners and investors. The Cypress Front Load floor plan features a spacious family room, a bright eat-in kitchen with granite countertops, stainless steel appliances (including a refrigerator), and a walk-in pantry.

The main-level primary suite is designed as a private retreat, offering a spa-inspired bath with dual vanities, a free-standing soaking tub, and a walk-in closet. Upstairs, a flexible bonus room, three additional bedrooms, and a full bath provide ample space for family, guests, or a dedicated home office. A two-car garage, backyard patio, and well-planned layout enhance both everyday functionality and long-term property value.

Oakland, TN, is a growing suburban community known for its affordability, low property taxes, and proximity to major job centers. Just 35 miles from downtown Memphis, this location offers easy access to Blue Oval City, Byhalia’s EV battery plant, and other expanding industries. With low HOA fees and increasing rental demand, this home presents a strong opportunity for investors looking to build wealth through real estate while maintaining minimal overhead costs.

An excellent option for those seeking a move-in-ready home with long-term financial upside.

Features + Upgrades

LVP flooring in common areas
Carpet or LVP (upgrade) in the primary bedroom
Carpet in the secondary bedrooms
Ceramic tile in Premier primary bathrooms
LVP flooring in secondary bathrooms
Flat paint
Ceramic tile backsplashes in Premier kitchens
Granite or quartz (upgrade) countertops
Cultured marble bathroom countertops
9' or 10' ceilings
Designer Lighting Package
Stainless steel dishwasher, microwave, gas range (Premier) or electric range (Select)
Gas (Premier) or electric (Select) fireplace with modern mantle

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Brian Conlon, Director of Business

About

Oakland,

TN
  • Located in Fayette County, this area has some of the lowest property taxes in all of the Memphis region.
  • A perfect location for commuting professionals. Oakland is just 35 miles east of downtown Memphis and sits equidistant from Ford/SK On's Blue Oval City in Stanton, Tenn. and the recently announced EV truck battery plant in Byhalia, Mississippi.
  • Fayette County Public Schools includes four elementary schools, two junior high schools, and one high school and serves over 3,000 students in local community public schools.
  • The city’s Parks and Recreation department maintains beautiful community parks and offers programming for children and adults. The Fair Oaks Golf Club is close by for those who enjoy hitting the links.
  • County:
    Fayette
    City:
    Oakland
    State:
    Tennessee
    Zipcode:
    38060
    Community:
    Carrington Estates
    Lot:
    2
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    Cash Flow Calculator

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    INVESTMENT AND DEBT SERVICE CALCULATIONS
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    Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
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    About the calculations

    The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected proforma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Properties, Inc. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal,real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

    Monthly Rent *

    Represents the middle point of an expected rent range. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program. Please call Meridian Pacific Properties directly for more information.

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