2003 Hackberry Ln, Nashville, TN 37206, Nashville, 37206 - 3 bed, 2 bath
Loading property details...
Nashville, TN 37206
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well above the $614,288 Fair Market Value by -5%. While priced at a premium, the property offers significant upside through its 17,860 sqft lot and DADU development potential. With a Condition Rating of 4, the home is functional but requires modernization. The unfinished basement with a separate entrance provides a clear path to increasing square footage. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Lockeland Springs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2003 Hackberry Ln Subject | $650,000* List Price | 3 | 2 | 1,448 | $424 | - |
A 602 Shady Ln Sold | $525,000 List Price | 3 | 2 | 1,504 | 0.2 mi | |
B 2411 Chapman Dr Sold | $500,000 | 2 | 1 | 1,464 | $342 | 0.7 mi |
C 1110 Matthews Pl Sold | $600,000 List Price | 3 | 2 | 1,551 | 0.5 mi | |
D 2017 Hackberry Ln Sold | $500,000 | 2 | 1 | 960 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, this property shows signs of partial cosmetic updates such as refinished hardwood floors and a newer granite vanity in the bathroom. However, the overall structure remains dated with an unfinished basement and likely older systems. It is functional and move-in ready but requires modernization and minor repairs to meet current market standards for the area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1448.
Situated in the highly sought-after Lockeland Springs area of East Nashville, the property offers excellent walkability to local favorites like Rosepepper and directly overlooks the Shelby Golf Course.
The expansive 17,860 sqft lot features alley access, providing a significant opportunity to build a Detached Accessory Dwelling Unit (DADU) for additional rental income or guest space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1946, the home likely requires modernization and significant due diligence regarding the unfinished basement and overall structural integrity to meet modern standards.
The assigned high school has a low rating of 2, which may impact the property's appeal to families and influence long-term resale value.
Location, Location, Location! East Nashville, Lockeland Springs, Walk to Rosepepper, overlooks Shelby Golf Course. Large lot with alley access. Build a DADU? Unfinished basement used to be an apartment with separate entrance. Buyer to do own due diligence to zoning rules.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades PK-4 • 1.6 mi
Grades 5-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,448 | - |
| Lot Size | 17,860 | - |
| Price | $650.0K | $556.8K |
| Price per sq ft | $449 | $306 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 484 |
Jun 4, 2026
$650,000
Initial Listing