603 Colfax Dr, Nashville, TN 37214, Nashville, 37214 - 3 bed, 1 bath
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Nashville, TN 37214
This Renovated Donelson Ranch represents a High-Potential Investment Opportunity, listed at $319,000—positioned well below the $368,200 Fair Market Value by 13%. This valuation gap offers $49,200 in Instant Equity for buyers. The property is in Move-In Ready Condition, boasting a recently renovated kitchen, newer HVAC, and replaced windows. Set on a private 0.33-acre cul-de-sac lot with a private patio, the home provides immediate lifestyle appeal with significant value-add potential in the original hardwoods. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 Colfax Dr Subject | $319,000* List Price | 3 | 1 | 1,108 | $332 | - |
A 3140 Boulder Park Dr Sold | $315,000 | 3 | 1 | 1,090 | $289 | 0.8 mi |
B 3140 Boulder Park Dr Sold | $315,000 | 3 | 1 | 1,056 | $298 | 0.8 mi |
C 2908 McCampbell Ave Sold | $345,000 | 3 | 2 | 1,373 | $251 | 0.3 mi |
D 2849 Teakwood Dr Sold | $300,000 | 3 | 1 | 950 | $316 | 0.1 mi |
E 2907 Dunmore Dr Sold | $313,000 | 3 | 1 | 1,000 | $313 | 0.2 mi |
F 520 Cottonwood Dr Active | $399,000 List Price | 4 | 2 | 1,261 | $316 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent capital improvements, including a newer HVAC system and replaced windows. The kitchen has been recently renovated with updated cabinetry and modern laminate flooring, although the wallpaper and white appliances reflect a more traditional style. While the 1955 build features some dated cosmetic elements like popcorn ceilings and wall-to-wall carpet, the underlying original hardwoods and well-maintained systems elevate it above a fair rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 1108.
The property features a recently renovated kitchen and significant mechanical updates, including a newer HVAC system and replaced windows, providing immediate peace of mind and reduced initial maintenance costs.
Situated on a generous 0.33-acre lot at the end of a quiet cul-de-sac with only one neighboring home, this property offers exceptional privacy and outdoor space rarely found so close to downtown Nashville.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The residence contains only one bathroom for three bedrooms, which may pose a functional challenge for families and could limit the property's appeal compared to homes with a second bath.
While the kitchen is updated, the 1955 build and presence of wall-to-wall carpet suggest that the remainder of the interior requires further aesthetic investment to meet current market standards.
Tucked away on a quiet cul-de-sac in the heart of Donelson, this 3-bedroom, 1-bath home offers a rare opportunity to create something truly special. Set on a generous 0.33-acre lot with only one neighboring home, the setting provides a sense of privacy that’s hard to find—while still being just minutes from everything Donelson has to offer and offering quick access to downtown Nashville. Inside, you’ll find a solid layout ready for its next chapter, with hardwood floors beneath the carpet just waiting to be brought back to life. The recently renovated kitchen adds a fresh, updated touch, blending nicely with the home’s overall character. Major systems have already been addressed, with the HVAC and windows replaced recently—giving added peace of mind. Step outside to a beautiful backyard garden, complete with a private patio just off the back of the home—an inviting space to unwind, entertain, or enjoy quiet mornings. A storage shed is also included, offering added functionality and convenience. Located just down the street from local favorites like Salento Italia, Sweet Milk Breakfast & Lunch, and Cheba Hut—and a short drive to Donelson Plaza—you’ll enjoy easy access to some of the area’s most loved spots. With its desirable location, spacious lot, and quiet cul-de-sac setting, this is the kind of property that doesn’t come along often—full of possibility and ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,108 | 1,634.5 | 17% |
| Lot Size | 14,375 | 14,157 | 50% |
| Price | $319.0K | $389.5K | 30% |
| Price per sq ft | $288 | $247 | 72% |
| Built year | 1955 | 1963 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 294 | 0% |
Mar 9, 2026
$319,000
Initial Listing