1406 Lillian St, Nashville, TN 37206, Nashville, 37206 - 3 bed, 3 bath
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1406 Lillian St
Nashville, TN 37206
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,694Sq Ft
7,405Lot Size
Property Price
LIST PRICE$719,900
EST. MARKET VALUE
$742,766
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $719,900—positioned well below the $742,767 Fair Market Value by 3%. This valuation gap offers $22,867 in Instant Equity. Featuring a 2021 Renovation, a Commercial Grade Hallman Gas Stove, and an Excellent Condition Rating, this home offers a premium lifestyle near 5 Points. While school ratings vary, the property’s walkability and modern mechanicals make it an ideal choice for Owner-Occupants or first-time buyers seeking a polished, move-in ready sanctuary.
Estimated Market Value
$742,766+$22,866 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1406 Lillian St Subject 3 bd · 3 ba · 1,694 sqft · $438 | $719,900* List Price | 3 | 3 | 1,694 | $438 | - |
A 1506 Shelby Ave Sold 3 bd · 2 ba · 2,000 sqft · $463 · 0.2 mi | $925,000 | 3 | 2 | 2,000 | $463 | 0.2 mi |
B 1806 Long Ave Sold 3 bd · 2 ba · 1,750 sqft · $409 · 0.5 mi | $715,000 | 3 | 2 | 1,750 | $409 | 0.5 mi |
C 1007 Dew St Sold 3 bd · 3 ba · 1,880 sqft · $319 · 0.5 mi | $599,900 | 3 | 3 | 1,880 | $319 | 0.5 mi |
D 322 S 11th St Sold 3 bd · 3 ba · 1,720 sqft · $480 · 0.3 mi | $825,000 | 3 | 3 | 1,720 | $480 | 0.3 mi |
E 1215 Boscobel St Sold 3 bd · 2 ba · 1,945 sqft · $362 · 0.1 mi | $705,000 | 3 | 2 | 1,945 | $362 | 0.1 mi |
F 1211 Lillian St Sold 3 bd · 3 ba · 1,892 sqft · $418 · 0.1 mi | $790,000 | 3 | 3 | 1,892 | $418 | 0.1 mi |
G 804 N 14th St Sold 3 bd · 2 ba · 1,532 sqft · $450 · 0.8 mi | $690,000 | 3 | 2 | 1,532 | $450 | 0.8 mi |
H 804 N 16th St Sold 3 bd · 3 ba · 2,067 sqft · $348 · 0.9 mi | $720,000 | 3 | 3 | 2,067 | $348 | 0.9 mi |
I 1620 Lillian St Active 3 bd · 3 ba · 1,790 sqft · $363 · 0.3 mi | $650,000 List Price | 3 | 3 | 1,790 | $363 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a complete renovation in 2021 (less than 5 years ago), featuring a high-end kitchen with a commercial-grade Hallman stove, modern tiled bathrooms, and updated major systems including a 2021 roof, HVAC, and tankless water heater.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1694.
- Prime East Nashville Location
Situated in the heart of East Nashville within walking distance to 5 Points, Shelby Park, and popular local dining, offering an ideal urban lifestyle with quick access to downtown.
- High-End 2021 Renovation
The property features a comprehensive 2021 update including a commercial-grade Italian Hallman gas stove, new HVAC, new roof, and tankless water heater, ensuring modern luxury and mechanical reliability.
CONSRISKS & DEFICIENCIES
- Underperforming School Ratings
The property is zoned for schools with lower performance scores, particularly the high school rated 2/10, which may be a significant drawback for families prioritizing public education.
- High Price per Square Foot
At a list price of $719,900 for 1,694 square feet, the property sits at a premium price point that may challenge buyers seeking more interior living space for their investment.
About 1406 Lillian St
LOCATION on Point! By 5 Points actually! Walking distance to so many great Bars and Resturants! Shelby Park, Golf Course and dog park! Lipstick Lounge and Cinco De Mayo! Hop on Shelby Ave to downtown in a few minutes! This home was completely renovated in 2021. Hardwoods and Tile throughout. Nice open plan main level living with an increbible Commerical Grade Hallman Gas Stove imported form Italy! Gotta be seen! Large Kitchen Island and long prep bar with an under counter wine fridge. Roof and HVAC are form 2021. Tankless waterheater and large bonus room downstairs with a half/guest bath. Large laundry room. And Private Primary Suite on the same level. This home also features great off street parking! In front and back. And a huge covered front porch! So East Nashville! Fully fenced in back yard with grilling area and tons of guest parking off the service laneway beyond the gates. Come and get a feel for it yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Warner Elementary Enhanced Option School
Grades PK-4 • 0.8 mi
5/10
Rosebank Elementary School
Grades PK-4 • 1.7 mi
4/10
Bailey Middle School
Grades 5-8 • 1.3 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,694 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $719.9K | $556.0K |
| Price per sq ft | $425 | $305 |
| Built year | 1984 | 1971 |
| HOA | $0 | $133 |
| Days on market | 4 | 70 |
Pricing History
Listed for Sale
Oct 22, 2026
$719,900
Initial Listing