3507 Brookway Dr, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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3507 Brookway Dr
Nashville, TN 37207
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,100Sq Ft
4,356Lot Size
Property Price
LIST PRICE$249,999
EST. MARKET VALUE
$255,785
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $249,999—positioned well below the $255,786 Fair Market Value by 2%. This valuation gap offers $5,787 in Instant Equity for buyers. Featuring a Fair Condition Rating with recent cosmetic updates, the home offers a flexible rent-to-own path for those securing financing. With $0 HOA fees and a 3-bedroom layout, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Nashville market.
Estimated Market Value
$255,785
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 |
|---|---|---|---|---|---|---|
★ 3507 Brookway Dr Subject 3 bd · 2 ba · 1,100 sqft · $233 | $249,999* List Price | 3 | 2 | 1,100 | $233 | - |
A 3172 Lauren Evelyn Way Active 3 bd · 2 ba · 1,051 sqft · $285 · 0.6 mi | $299,900 List Price | 3 | 2 | 1,051 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987 (37 years old), the property has received a recent cosmetic refresh including new grey paint and marble-look tile flooring. However, the kitchen remains dated with older electric coil appliances and basic painted cabinetry, and the exterior shows signs of deferred landscape maintenance. While move-in ready, the age of the structure and basic finishes align with the 'Fair' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Financing Options
The rent-to-own opportunity with a 1–3 year term is a significant advantage for buyers who need additional time to improve their credit or secure traditional financing.
- Competitive Entry-Level Pricing
Priced at $249,999 for a 3-bedroom, 2-bathroom home, this property represents an affordable entry point into the Nashville real estate market.
- No HOA Constraints
With an association fee of $0, the owner enjoys lower monthly carrying costs and the freedom to manage the property without the restrictions of a homeowners association.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Balloon Payment Risk
The requirement of a balloon payment at the end of the term poses a financial risk if the buyer is unable to refinance or secure a mortgage within the 3-year window.
- Underperforming School District
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may impact the property's appeal to families and long-term appreciation potential.
About 3507 Brookway Dr
Rent-to-own opportunity! 10% down with a 1–3 year term with a balloon payment at the end. Ideal for buyers who need time to secure traditional financing. Terms subject to approval. Serious buyers only please!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Bellshire Elementary Design Center
Grades PK-4 • 1.3 mi
4/10
Madison Middle Prep
Grades 5-8 • 3.3 mi
3/10
Hunters Lane Comp High School
Grades 9-12 • 2.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,100 | 2,045.139 |
| Lot Size | 4,356 | 10,890 |
| Price | $250.0K | $556.0K |
| Price per sq ft | $227 | $305 |
| Built year | 1987 | 1971 |
| HOA | $0 | $133 |
| Days on market | 49 | 70 |
Pricing History
Listed for Sale
Sep 8, 2026
$249,999
Initial Listing