
Nashville, TN 37221
This Flexible Three-Level Townhouse is a Prime Investment Opportunity, listed at $415,000—positioned well below the $428,588 Fair Market Value by 3%. This valuation gap provides $13,588 in Instant Equity. Boasting a Condition Rating of 3, the home features a Tankless Water Heater, Powered Blinds, and a serene Forested Greenbelt View from the private Deck. With a versatile lower-level suite and proximity to Westmeade Elementary, it perfectly balances lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Professionals seeking a dedicated home office.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Old Hickory Blvd 1608 Subject | $410,000* List Price | 2 | 3 | 1,979 | $218 | - |
A 320 Old Hickory Blvd 2606 Sold | $435,000 | 2 | 3 | 1,979 | $220 | 0.1 mi |
B 320 Old Hickory Blvd 2311 Sold | $515,000 | 2 | 3 | 2,325 | $222 | 0.1 mi |
C 320 Old Hickory Blvd 2606 Sold | $435,000 | 2 | 3 | 1,979 | $220 | 0.1 mi |
D 320 Old Hickory Blvd 107 Sold | $415,000 | 3 | 3 | 1,979 | $210 | 0.2 mi |
E 320 Old Hickory Blvd 1600 Sold | $450,000 List Price | 2 | 3 | 2,325 | 0.0 mi | |
F 320 Old Hickory Blvd 1303 Active | $463,999 List Price | 2 | 3 | 1,952 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 20-year age profile with several key updates. The kitchen features updated stainless steel appliances and modern laminate flooring, though the cabinetry and countertops appear original to the 2003 build. Significant system upgrades like the tankless water heater and powered blinds, along with the overall clean condition of the carpets and paint, justify a 'good' rating despite the original tile work in the bathrooms.
The versatile three-story floor plan includes a private lower-level bedroom with a full bath, making it ideal for a home office, roommate, or guest suite.
Featuring tall ceilings and oversized windows, the home is filled with natural light and offers serene, lush tree views that provide a sense of privacy and tranquility.
Equipped with a tankless hot water heater and powered blinds, the property offers modern convenience alongside community perks like a pool, fitness center, and walking trails.
The three-level layout requires frequent use of stairs, which may be a drawback for buyers with mobility concerns or those preferring a more traditional single-level flow.
The assigned middle and high schools currently hold lower performance ratings, which could be a consideration for families prioritizing specific educational metrics.
Light-filled 2 bedroom, 2.5 bath townhome in The Reserve at Eagle Ridge with beautiful lush tree views and a peaceful setting. Tall ceilings and large windows fill the home with natural light, while the three-level layout offers flexibility, including a lower-level bedroom with a full bath that is perfect for guests, a roommate, or a private office. Additional highlights include powered blinds and a tankless hot water heater, adding everyday comfort and efficiency. The community includes a pool, fitness center and easy access to walking trails, shops, and grocery stores. Conveniently located with quick access to I-40 and Bellevue and just 20 minutes from downtown Nashville. This home perfectly blends modern living with natural tranquility. Don’t miss out!
No exterior & parking available.
Grades K-4 • 1.4 mi
Grades 5-8 • 1.6 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,979 | 1,775 | 78% |
| Lot Size | 871 | 871 | 50% |
| Price | $410.0K | $375.0K | 57% |
| Price per sq ft | $207 | $225 | 32% |
| Built year | 2003 | 2000 | 57% |
| HOA | $378 | $265 | 89% |
| Days on market | 59 | 244 | 2% |
Apr 22, 2026
$410,000
$415,000
-1% Price Drop
Initial Listing
Feb 23, 2026
$415,000
Initial Listing