203 Townes Dr, Nashville, TN 37211, Nashville, 37211 - 3 bed, 1 bath
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Nashville, TN 37211
This High-Potential Investment Opportunity is a solid all-brick ranch listed at $299,900, positioned well below the $305,040 Fair Market Value by 1.67%. This valuation gap offers $5,140 in Instant Equity. Featuring a Condition Rating of 4, the home includes recent 2022 HVAC and 2021 window upgrades, though it requires cosmetic modernization. With a large 10,890 sqft lot, this property provides significant value-add potential for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into an established Nashville community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Townes Dr Subject | $285,000* List Price | 3 | 1 | 1,125 | $265 | - |
A 213 Joann Ct Sold | $285,000 | 3 | 1 | 1,050 | $271 | 0.1 mi |
B 4140 Eastview Dr Sold | $310,000 | 3 | 2 | 960 | $323 | 1.0 mi |
C 5020 Packard Dr Sold | $315,000 | 3 | 1 | 975 | $323 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features excellent recent system updates including a new HVAC (2022) and windows (2021), the home is 52 years old with largely dated interior finishes. The presence of wood paneling, older carpeting, and a basic utility area indicates the home needs cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1125.
The property features a new HVAC system installed in 2022 and new windows from 2021, significantly reducing immediate capital expenditure and improving energy efficiency for the new owner.
As an all-brick ranch home, the structure offers superior durability, classic curb appeal, and lower long-term maintenance requirements compared to homes with wood or vinyl siding.
With three bedrooms but only one full bathroom, the property may present functional challenges for families and could limit its competitive edge against homes with 1.5 or 2 baths.
The assigned high school carries a low performance rating, which may be a deterrent for education-focused families and could impact the long-term appreciation potential of the property.
Sweet all brick ranch home offering 3 bedrooms and 1 full bath in a safe, established community! This charming home is perfect for first time buyers or investors looking for a great opportunity. Enjoy a spacious, fenced backyard with mature trees, providing plenty of room for pets, play, gardening, or entertaining. Recent updates include new windows (2021) and a new HVAC system (2022) for added peace of mind. Refrigerator, washer, and dryer all remain. Conveniently located and full of potential, this is one you won't want to miss!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades K-5 • 1.8 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,125 | - |
| Lot Size | 10,890 | - |
| Price | $285.0K | $556.8K |
| Price per sq ft | $253 | $306 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 484 |
Jun 21, 2026
$285,000
$299,900
-5% Price Drop
Initial Listing
Jun 15, 2026
$299,900
Initial Listing