462 Rural Hill Rd, Nashville, TN 37217, Nashville, 37217 - 3 bed, 2 bath
Loading property details...
462 Rural Hill Rd
Nashville, TN 37217
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,620Sq Ft
10,019Lot Size
Property Price
LIST PRICE$285,000
EST. MARKET VALUE
$250,758
13% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $285,000—positioned well above the $250,758 Fair Market Value by -13%. As a Condition Rating 6 asset requiring a full gut renovation, this project offers significant upside for those capable of managing extensive structural repairs. The large .23-acre lot and proximity to the Lakeview Elementary Design Center provide a strong foundation for value-add strategies. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a substantial renovation project.
Estimated Market Value
$250,758
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 |
|---|---|---|---|---|---|---|
★ 462 Rural Hill Rd Subject | $285,000* List Price | 3 | 2 | 1,620 | $155 | - |
A 2945 Edge Moor Dr Sold | $249,900 | 4 | 2 | 1,696 | $147 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1967 (57+ years old) with no evidence of renovation. The listing explicitly states it is a 'full gut' candidate and 'not a cosmetic fixer-upper,' requiring extensive structural and roof repairs, which aligns with the >50y no-reno criteria.
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 = 10019, living area = 1620.
- Prime School Proximity
Located directly across from Lakeview Elementary Design Center, the property offers exceptional convenience for families and a strong selling point for future resale or rental appeal.
- Significant Value-Add Potential
As a 'full gut' investor special, this 1,620 SF residence provides a blank canvas to modernize the layout and maximize equity in the competitive Nashville market.
CONSRISKS & DEFICIENCIES
- Extensive Capital Requirements
The property requires a complete transformation, including major roof repairs and a full interior overhaul, necessitating a substantial renovation budget beyond cosmetic fixes.
- Underperforming Secondary Schools
While the elementary school is well-rated, the assigned middle and high schools have low ratings (2/10), which may limit the pool of long-term family buyers.
About 462 Rural Hill Rd
INVESTOR SPECIAL — Conveniently located directly across from Lakeview Elementary Design Center, 1,620 SF | 3 BR | .23 ACRES | READY FOR A COMPLETE TRANSFORMATION. This property is ready for a complete transformation and offers an excellent opportunity for an investor, flipper or buyer looking for a substantial renovation project. This is not a cosmetic fixer-upper — the home needs extensive renovation throughout, including roof repairs, and is an ideal candidate for a full gut and reimagining. Bring your contractor, your plans and your vision. Renovate for resale, create a rental, or transform it into a completely updated home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 10,019 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
Lakeview Elementary Design Center
Grades PK-4 • 0.1 mi
6/10
Apollo Middle School
Grades 5-8 • 2.1 mi
2/10
Antioch High School
Grades 9-12 • 2.7 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 | 1,620 | 2,093.129 |
| Lot Size | 10,019 | 10,890 |
| Price | $285.0K | $568.3K |
| Price per sq ft | $176 | $307 |
| Built year | 1967 | 1971 |
| HOA | $0 | $137 |
| Days on market | 39 | 69 |
Pricing History
Listed for Sale
Aug 1, 2026
$285,000
Initial Listing
Sold
Jul 31, 1997
$84,000
Public Record