Located just outside Memphis in the high-growth suburb of Oakland, Tennessee, this newly built single-family home offers investors a premium, low-maintenance asset in a market primed for appreciation. Oakland is one of the fastest-growing areas in Fayette County, drawing strong rental demand thanks to its affordability, excellent schools, and proximity to major job centers like Blue Oval City and Byhalia’s EV battery plant.
This home is part of Carrington Estates — a boutique, 44-home community known for its quiet streets, well-kept yards, and strong neighborhood appeal. With low property taxes and a favorable business environment, the area offers a compelling combination of steady cash flow and long-term upside potential.
Designed with the modern renter in mind, the home features nearly 2,850 square feet of open, livable space. It includes five bedrooms and three full bathrooms, with two bedrooms on the main level — a layout popular with families, roommates, and work-from-home professionals alike. The large, light-filled kitchen comes with granite countertops, stainless steel appliances, and a functional island — upgrades that help attract quality tenants and command premium rents.
Other features include a welcoming front porch, spacious backyard patio, and a two-car garage. Durable construction and contemporary finishes make it a low-maintenance choice for investors seeking predictable performance with minimal hassle.
This is a rare opportunity to own a new construction rental property in a stable, appreciating market — fully managed by a trusted local team. Whether you're expanding your portfolio or looking for a smart entry point into SFR investing, this home checks every box.
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
What incentives do you qualify for? Schedule a call to find out.
Buy this property for $479,000 and earn $2,800 per month in estimated rent.
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320 Wirt Road, Oakland, TN 38060Learn more at meridianpacificproperties.com |
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Buy this property for $479,000 and earn
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5 Bedrooms
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2,848 Approximate S.F.
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Floor Plan Model - Magnolia Front Load
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2 Levels
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Lot 18 is
0.41 Acres
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Built in 2025
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2 Garage Spaces
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ABOUT THE PROPERTYLocated just outside Memphis in the high-growth suburb of Oakland, Tennessee, this newly built single-family home offers investors a premium, low-maintenance asset in a market primed for appreciation. Oakland is one of the fastest-growing areas in Fayette County, drawing strong rental demand thanks to its affordability, excellent schools, and proximity to major job centers like Blue Oval City and Byhalia’s EV battery plant. This home is part of Carrington Estates — a boutique, 44-home community known for its quiet streets, well-kept yards, and strong neighborhood appeal. With low property taxes and a favorable business environment, the area offers a compelling... |
ABOUT THE CALCULATIONSThe calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected pro forma 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. |
CONTACT
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320 Wirt Road, Oakland, Tennessee 38060Learn more at meridianpacificproperties.com |
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FLOOR PLAN
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NEW CONSTRUCTION IN Carrington EstatesDiscover Carrington Estates, Meridian’s newest community in Oakland, Tennessee. This charming enclave of 44 homesites marries the tranquility of rural-suburban living with easy access to amenities like shopping centers, dining options, medical services, and top-tier schools. Each home in Carrington Estates is a testament to Meridian's commitment to excellence and style, offering sophisticated designs, sought-after finishes, and generously sized floor plans ranging from 2,000 to 3,300 square feet. Outdoor enthusiasts will enjoy the community’s well-maintained common areas, which support an active lifestyle while fostering connection with nature and neighbors. Carrington Estates isn’t just a place to live – it's a...
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CONTACT
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Customize your investment inputs below-your projected returns will update automatically above.
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.
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Create a free account for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
"*" indicates required fields
Already have an account? Sign in.
Sign in for full website access and exclusive benefits.💥
🚀 Builder Incentives
🏡 Premium Property Access
💰 Advanced ROI Calculator
📊 The Investor Newsletter
✅ More!
New to our website? Create a free account.