702B Waco Dr, Nashville, TN 37209, Nashville, 37209 - 3 bed, 3 bath
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702B Waco Dr
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,142Sq Ft
1,307Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$587,447
6% BelowMARKET VALUE
SUMMARY
This Modern Turn-Key HPR is a Strong Value Opportunity, listed at $549,000—positioned well below the $587,447 Fair Market Value by 6%. This valuation gap offers $38,447 in Instant Equity for the buyer. Featuring a 2017 build date with an Excellent Condition Rating, the home includes high-end hardwood floors and stainless steel appliances. Its prime location near Nashville’s core makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready lifestyle.
Estimated Market Value
$587,447+$38,447 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 702B Waco Dr Subject | $549,000* List Price | 3 | 3 | 2,142 | $274 | - |
A 634B Annex Ave Sold | $560,000 | 3 | 3 | 2,352 | $238 | 0.3 mi |
B 5906A Deal Ave Sold | $595,000 | 3 | 3 | 2,148 | $277 | 0.5 mi |
C 6121A Louisiana Ave Sold | $675,000 | 3 | 3 | 2,250 | $300 | 0.5 mi |
D 5411 Michigan Ave Sold | $620,000 | 3 | 3 | 1,938 | $320 | 1.0 mi |
E 5706 California Ave Sold | $590,000 | 3 | 4 | 2,176 | $271 | 0.8 mi |
F 610B Annex Ave Sold | $660,000 | 3 | 3 | 1,989 | $332 | 0.3 mi |
G 6218 Morrow Rd A Sold | $555,000 | 3 | 3 | 2,046 | $271 | 0.5 mi |
H 231 Sterling Point Cir Sold | $515,000 | 3 | 4 | 1,920 | $268 | 0.4 mi |
I 636B Vernon Ave Active | $699,900 List Price | 3 | 3 | 2,138 | $327 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and remains in mint condition. The interior features a modern kitchen with stone countertops and stainless steel appliances, hardwood flooring throughout, and contemporary finishes. All major systems are within the 10-year threshold, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Nashville Location
Situated in the highly desirable 37209 zip code, this property offers exceptional proximity to Nashville’s premier dining, shopping, and major commuter routes.
- Modern Turn-Key Interior
Built in 2017, the home features contemporary finishes including hardwood flooring and stainless steel appliances, ensuring a move-in-ready experience for buyers.
- Zero Association Fees
With a reported $0 association fee, this property provides a significant financial advantage by reducing monthly carrying costs compared to similar developments.
CONSRISKS & DEFICIENCIES
- Minimal Lot Size
The small lot size of 1,307 sqft offers very limited private outdoor space, which may be a drawback for buyers seeking a yard or garden.
- Ownership Structure
Classified as a Stock Cooperative/HPR, this specific legal structure can sometimes limit financing options and require specialized lenders compared to traditional fee-simple homes.
About 702B Waco Dr
Unbeatable Nashville Location! This beautifully maintained HPR offers the perfect combination of convenience, comfort, and style. Enjoy gorgeous hardwood floors, stainless steel appliances, and a bright, inviting interior designed for easy everyday living. Ideally located close to Nashville’s best restaurants, shopping, entertainment, and major commuter routes, this home puts you right in the heart of it all. Whether you’re looking for a primary residence or an investment opportunity, this is a fantastic chance to own in one of Nashville’s most desirable locations!
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2017
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 2,142 | 2,315.405 |
| Lot Size | 1,307 | 1,307 |
| Price | $549.0K | $716.1K |
| Price per sq ft | $256 | $313 |
| Built year | 2017 | 2020 |
| HOA | $0 | $197 |
| Days on market | 32 | 87 |
Pricing History
Listed for Sale
Aug 8, 2026
$549,000
Initial Listing