500 Paragon Mills Rd M19, Nashville, TN 37211, Nashville, 37211 - 2 bed, 1 bath
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500 Paragon Mills Rd M19
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
2Beds
1Baths
912Sq Ft
871Lot Size
Property Price
LIST PRICE$159,500
EST. MARKET VALUE
$136,780
16% AboveMARKET VALUE
SUMMARY
This 2-bedroom condo represents a High-Potential Investment Opportunity, listed at a List Price of $165,000—positioned well above the $145,527 Fair Market Value by -13%. While the property requires modernization, its Condition Rating of 4 and top-floor privacy offer a functional base for value-add renovations. Featuring a community pool and private balcony, this asset is strategically located near the Nashville Zoo. It serves as a practical, entry-level acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable Nashville footprint.
Estimated Market Value
$136,780
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 |
|---|---|---|---|---|---|---|
★ 500 Paragon Mills Rd M19 Subject | $159,500* List Price | 2 | 1 | 912 | $150 | - |
A 420 Elysian Fields Rd E4 Sold | $140,000 | 2 | 2 | 936 | $150 | 0.4 mi |
B 500 Paragon Mills Rd M11 Active | $178,500 List Price | 2 | 1 | 912 | $196 | 0.0 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 1969, the property features recent cosmetic improvements like new flooring and paint. However, the kitchen retains dated oak cabinetry and older lighting fixtures, and popcorn ceilings are present throughout. While move-in ready, the primary systems and kitchen/bath components appear to be over 20 years old, requiring further modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $165,000, this condo offers a rare entry-level price point in the competitive Nashville market, making it an ideal choice for first-time buyers or investors seeking high value.
- Top-Floor Privacy
As a top-floor unit, the property ensures no overhead neighbors and features a private balcony with views of the community pool, providing a quieter and more private living environment.
- Strategic Location
Situated near Plaza Mariachi, the Nashville Zoo, and major commuter routes, the property offers excellent accessibility to local amenities and convenient transit options.
CONSRISKS & DEFICIENCIES
- Aging Construction
Built in 1969, the property may require more frequent maintenance or future capital improvements compared to newer developments in the area.
- Underperforming Schools
The assigned public schools have low ratings (ranging from 2 to 4), which may be a concern for families and could impact long-term resale appeal.
About 500 Paragon Mills Rd M19
Incredible value in 37211! This 2-bed, 1-bath top-floor condo (912 sq. ft.) features freshly updated flooring, a functional layout, and a private balcony overlooking the community pool. Enjoy top-floor privacy with no neighbors above! Perfectly situated around the corner from Plaza Mariachi, the Nashville Zoo, and major commuter routes. Affordable living or great investment, this condo covers all the bases!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330 / Month
Neighborhood Insights
Nashville Unified Schools
Paragon Mills Elementary School
Grades PK-4 • 1.1 mi
4/10
Wright Middle School
Grades 5-8 • 0.9 mi
3/10
Glencliff Comp High School
Grades 9-12 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 912 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $159.5K | $339.9K |
| Price per sq ft | $175 | $344 |
| Built year | 1969 | 2007 |
| HOA | $330 | $329 |
| Days on market | 49 | 91 |
Pricing History
Listed for Sale
Aug 28, 2026
$159,500
$165,000
-3% Price Drop
Initial Listing
Price Change
Jul 22, 2026
$165,000
Initial Listing
Sold
Oct 7, 1997
$47,701
Public Record