301 Raywood Ct, Nashville, TN 37211, Nashville, 37211 - 2 bed, 1 bath
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Nashville, TN 37211
This property presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $303,179 Fair Market Value by 2%. This valuation gap offers $8,179 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires cosmetic updates, yet offers significant upside through its 16,553 sqft lot, new roof, and screened-in deck. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build sweat equity in a convenient Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 Raywood Ct Subject | $295,000* List Price | 2 | 1 | 1,250 | $243 | - |
A 325 Melpar Dr Sold | $337,000 | 2 | 1 | 1,275 | $264 | 0.6 mi |
B 5206 Byrne Dr Sold | $354,900 | 3 | 1 | 1,484 | $239 | 0.3 mi |
C 509 Cedar Dr Sold | $325,000 | 4 | 2 | 1,492 | $218 | 1.0 mi |
D 363 Leo Ln Sold | $315,500 | 3 | 2 | 1,461 | $216 | 1.0 mi |
E 425 McCain Dr Sold | $365,000 | 3 | 2 | 1,396 | $261 | 0.5 mi |
F 213 Joann Ct Sold | $285,000 | 3 | 1 | 1,050 | $271 | 0.9 mi |
G 3938 E Ridge Dr Active | $365,000 List Price | 3 | 1 | 1,301 | $281 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and described as being in 'original condition,' the home is significantly dated with 1970s-style wood paneling, older cabinetry, and aged carpets. While the exterior is well-maintained and a new roof has been installed, the interior systems and finishes are well beyond the 20-year mark, requiring aesthetic and likely mechanical updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16553, living area = 1250.
This all-brick home features a brand-new roof, providing immediate peace of mind and reducing near-term capital expenditures for the next owner.
The property offers exceptional utility with a screened-in deck, a massive 20' x 27' carport, and a 12' x 20' storage building on a generous 0.38-acre lot.
The 2-bedroom, 1-bathroom configuration may limit the property's appeal to larger families or those requiring a more modern master suite layout.
The home is in its original 1959 state, which will likely require a significant budget for cosmetic and functional updates to meet contemporary living standards.
Welcome to 301 Raywood Court! This 2-bedroom, 1-bath all-brick home offers a wonderful opportunity for buyers seeking a well-built home with character, functionality, and room to make it their own. Built in 1959, the home features a spacious den anchored by a Buck Stove. Just off the kitchen area, the screened deck provides the perfect spot to enjoy your morning coffee, unwind in the evenings, or entertain guests while taking in the peaceful backyard setting. A new roof has already been installed, giving the next owner a valuable head start on improvements. The home's original condition presents an excellent opportunity to update at your own pace while preserving its classic charm and solid craftsmanship. Outside, you'll find a 20' x 27' carport offering covered parking and/or additional outdoor gathering space, along with a 12' x 20' storage building ideal for tools, lawn equipment, hobbies, or extra storage. Conveniently located near shopping, dining, schools, and major commuter routes, this property combines the comfort of an established neighborhood with easy access to everyday necessities. Whether you're a first-time buyer, downsizing, or investing, this property offers exceptional potential in a desirable location. (MULTIPLE OFFER STATUS - READ PRIVATE REMARKS)
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,250 | - |
| Lot Size | 16,553 | - |
| Price | $295.0K | $556.8K |
| Price per sq ft | $236 | $306 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 484 |
Jun 12, 2026
$295,000
Initial Listing