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Last Updated:
6.4 miles to University of Memphis
Floor Plan Models and Units
Number of BedroomsNumber of BathroomsRent RangeSquare FootageName of Floor PlanUnit NumberAvailabilityNewly AddedView More Details
Beds Baths Rent Sq. Ft. Availability
3.25 Bathrooms $2,250
Plus Fees
3,000 4/1/26
4/1/26 $2,250
Plus Fees
3,000Sq. Ft.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

One-Time Basics

Due at Move-In

  • Security Deposit - Refundable
    $2,000

Convenient For

  • Undergraduates
  • Graduate Students
  • Faculty/Staff

3980 Lakewood Cove

Welcome to this spacious and well-maintained 5 bedroom, 3.5 bathroom home located in a beautiful, established Raleigh neighborhood in Memphis, just a short walk from a private lake. The property features a 2-car enclosed garage, formal dining room,... large living areas and bedrooms, and a downstairs bonus room ideal for a home office, playroom, or additional living space.

Rental Terms:
-Rent: $2,250/month
-Security Deposit: $2,000
-Available: April 1, 2026
-2-year lease
-Utilities not included
-Will need to bring a refrigerator and washer/dryer
-Pets not allowed
-Non-smoking property
-Section 8 accepted

Minimum Requirements:
-Verifiable income
-Good payment history
-Positive landlord reference

Prescreening required prior to scheduling a showing. $55 application fee that includes credit check and background check. No minimum credit score but looking for a well-qualified tenant with on-time payment history.

Interested applicants must complete the prescreen form before a showing can be scheduled.

?? Contact:
Halliburton Investment Group

Contact

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Amenities

Unit Features

  • Dishwasher

Shopping Centers

Raleigh Hills Shopg Ctr Walk: 17 min Distance: 0.9 mi
Broadmoor Park Shopping Center Walk: 25 min Distance: 1.3 mi
Raleigh River Business Center Walk: 27 min Distance: 1.4 mi

Airports

Memphis International Drive: 23 min Distance: 14.5 mi

Colleges and Universities Nearby

Southwest Tenn., Gill Center Drive: 10 min Distance: 5.0 mi
Rhodes College Drive: 12 min Distance: 7.1 mi
University of Memphis Drive: 15 min Distance: 8.0 mi
Southwest Tenn., Macon Cove Drive: 14 min Distance: 8.4 mi

Parks and Recreation

Sharpe Planetarium Drive: 14 min Distance: 7.7 mi
Memphis Zoo Drive: 13 min Distance: 7.8 mi
Children's Museum of Memphis Drive: 14 min Distance: 8.2 mi
Memphis Botanic Garden Drive: 17 min Distance: 9.3 mi
Dixon Gallery and Gardens Drive: 16 min Distance: 9.6 mi

Schools

Memphis Heritage Christian School
Grades PK-8
Private
NR
Out of 10
Breath of Life Academy
Grades PK-3
Private
NR
Out of 10
Youth Dimensions
Grades 6-12
Private
NR
Out of 10
Raleigh United Meth Kinder
Grades K-K
Private
NR
Out of 10
Raleigh Egypt Middle School
Grades 6-8
Public
NR
Out of 10
Raleigh Egypt High School
Grades 6-12
Public
4
Out of 10
Promise Academy Spring Hill
Grades PK-5
Charter
5
Out of 10
Journey Coleman School
Grades PK-8
Charter
5
Out of 10

Ratings

Car-Dependent

19

Walk Score ®

Out of 100

Walking is difficult in this neighborhood, which is considered a car-dependent area.

Some Transit

26

Transit Score ®

Out of 100

You'll likely want a car when living in this area since it has few transit options.

Somewhat Bikeable

14

Bike Score ®

Out of 100

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Calm

83

Soundscore

Out of 100

Traffic:

Calm

Airport:

Calm

Business:

Calm

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