2928 Teakwood Dr, Nashville, TN 37214, Nashville, 37214 - 3 bed, 1 bath
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2928 Teakwood Dr
Nashville, TN 37214
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
950Sq Ft
9,583Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$322,788
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $335,000—positioned slightly above the $326,221 Fair Market Value. Despite the minor premium, the home features an Excellent Condition Rating with recent capital improvements including a 2021 HVAC, 2023 water heater, and 2018 roof. With Granite Countertops and Real Hardwood Floors, this turnkey asset is primed for immediate rental income. Its proximity to the airport and lack of HOA make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-demand location.
Estimated Market Value
$322,788
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 |
|---|---|---|---|---|---|---|
★ 2928 Teakwood Dr Subject 3 bd · 1 ba · 950 sqft · $340 | $325,000* List Price | 3 | 1 | 950 | $340 | - |
A 2896 Lyncrest Dr Sold 3 bd · 2 ba · 1,050 sqft · $321 · 0.5 mi | $337,500 | 3 | 2 | 1,050 | $321 | 0.5 mi |
B 520 Cottonwood Dr Sold 4 bd · 2 ba · 1,261 sqft · $305 · 0.1 mi | $385,000 | 4 | 2 | 1,261 | $305 | 0.1 mi |
C 952 Colfax Drive Sold 3 bd · 1 ba · 1,191 sqft · $269 · 0.8 mi | $320,000 | 3 | 1 | 1,191 | $269 | 0.8 mi |
D 2921 Ironwood Dr Active 3 bd · 1 ba · 975 sqft · $349 · 0.2 mi | $339,900 List Price | 3 | 1 | 975 | $349 | 0.2 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.
Although built in 1955, the property has undergone extensive recent renovations and system upgrades that meet the 'Excellent' criteria. Key systems are nearly new: HVAC (2021), water heater (2023), and roof/windows (2018). The interior features modern updates including granite countertops, stainless steel appliances, and refinished hardwoods, presenting in mint, move-in ready condition with no immediate maintenance required.
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 = 9583, living area = 950.
- Recent Major Upgrades
The property features significant capital improvements including a new HVAC (2021), water heater (2023), roof and windows (2018), and crawl space insulation (2025), minimizing immediate maintenance costs for the buyer.
- Prime Location & Rental Potential
Situated minutes from Nashville International Airport and major thoroughfares with no HOA, this home is an ideal income-producing asset or starter home in a highly accessible area.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the property may face functional challenges for larger households or be less competitive against homes with a second bath.
- Compact Living Footprint
At 950 square feet, the total living area is relatively small, which could limit furniture arrangements and overall utility for buyers seeking more spacious accommodations.
About 2928 Teakwood Dr
Perfect for first-time buyers! This property is a great income-producing rental in a prime location, just minutes from the airport, major roads, dining, and shopping. Key features include: - Interior: Granite countertops, stainless steel appliances, beautiful real hardwood floors in the living room and bedrooms, and tile flooring in the kitchen. All appliances remain, including the washer and dryer. - Upgrades & Maintenance: HVAC installed in 2021, water heater installed in 2023, and a new roof and windows installed in 2018. New insulation and a vapor barrier were also added to the crawl space in June 2025. - Exterior: Spacious backyard with a privacy fence. - No HOA
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 950 | 2,045.139 |
| Lot Size | 9,583 | 10,890 |
| Price | $325.0K | $556.0K |
| Price per sq ft | $342 | $305 |
| Built year | 1955 | 1971 |
| HOA | $0 | $133 |
| Days on market | 54 | 70 |
Pricing History
Listed for Sale
Sep 29, 2026
$325,000
$335,000
-3% Price Drop
Initial Listing
Price Change
Aug 31, 2026
$335,000
Initial Listing