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Single Family ResidenceResidential
$273,714$189 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

7240 MIMOSA DR

GERMANTOWN, TN 38138
3
Beds
2
Baths
1,450 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1968
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$274K
$257K low$291K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,886 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$70,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,250
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$53,850
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$55,850
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$280,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.16
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
39
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Traditional/Old
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.0.32
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 32 ft²Porch · 168 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Riverdale Elementary SchoolB-
Elementary · Grades PK–8 · 1.4 mi
H
Houston High SchoolA
High · Grades 9–12 · 4.8 mi

District: Germantown Municipal School District

Neighborhood · ZIP 38138These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.38
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.216

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.24,914
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,103 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,257
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$156,459
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.54 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7240 Mimosa Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 93% of homes in Germantown 38138
  • Costs more per square foot than 94% of homes in Shelby County
  • Smaller than 94% of homes in Germantown 38138
  • Has a bigger lot than 73% of homes in Shelby County
  • Older than 92% of homes in Germantown 38138

What homes are worth in Germantown 38138

Each bar is how many homes fall in that price range. The marker is this home.

This home
$127K$1.3M

This home is worth more than 7% of homes in Germantown 38138.

How it measures up in Germantown 38138

The dot is this home. The mark in the middle is the typical home in Germantown 38138.

Estimated value$273,714
CheaperTypical $423,101Pricier

Pricier than 7% of homes nearby

Price per ft²$189
CheaperTypical $149Pricier

Pricier than 89% of homes nearby

Living area1,450 ft²
SmallerTypical 3,102 ft²Bigger

Bigger than 6% of homes nearby

Lot size0.32 ac
SmallerTypical 0.34 acBigger

Bigger than 36% of homes nearby

Year built1968
OlderTypical 1978Newer

Newer than 8% of homes nearby

How 7240 Mimosa Dr ranks against every home in each area.
MeasureThis homeGermantown 38138Shelby County
Estimated valuepricier than$273,7147% of homes64% of homes
Price per ft²pricier than$18989% of homes94% of homes
Living areabigger than1,450 ft²6% of homes37% of homes
Lot sizebigger than0.32 ac36% of homes73% of homes
Year builtnewer than19688% of homes42% of homes

About 7240 Mimosa Dr

How much is 7240 Mimosa Dr, Germantown, TN worth?

The TopHap Estimate for 7240 Mimosa Dr, Germantown, TN is $273,714 as of Oct 21, 2026. The likely range is $256,703 to $290,725. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7240 Mimosa Dr, Germantown, TN last sell?

7240 Mimosa Dr, Germantown, TN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7240 Mimosa Dr, Germantown, TN?

7240 Mimosa Dr, Germantown, TN has 3 bedrooms, 2 bathrooms, 1,450 square feet of living space and a 0.32-acre lot.

When was 7240 Mimosa Dr, Germantown, TN built?

7240 Mimosa Dr, Germantown, TN was built in 1968, making it 58 years old. It is a traditional/old home. The building has 1 story.

What schools serve 7240 Mimosa Dr, Germantown, TN?

7240 Mimosa Dr, Germantown, TN is assigned to Riverdale Elementary School (elementary), rated B-; Houston High School (high), rated A. All sit in Germantown Municipal School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7240 Mimosa Dr, Germantown, TN compare to other homes in Germantown 38138?

Among the 8,941 homes in Germantown 38138, it is worth more than 7% of them ($273,714 against a typical $423,101), its price per square foot is higher than 89% of them ($189 against a typical $149), it is bigger than 6% of them (1,450 ft² against a typical 3,102 ft²), its lot is bigger than 36% of them (0.32 ac against a typical 0.34 ac) and it is newer than 8% of them (1968 against a typical 1978). Measured against all of Shelby County, it is worth more than 64% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7240 Mimosa Dr, Germantown, TN?

The 2025 property tax bill for 7240 Mimosa Dr, Germantown, TN was $1,886. The county assessed it at $70,100.

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