
Nashville, TN 37217
Analysis of 741 Lake Terrace Dr, Nashville, TN 37217 is currently available with a list price of $214,700. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1984, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a fully refreshed kitchen with white shaker cabinets and stainless appliances, updated bathrooms with new vanities, and new wood-look flooring throughout, placing it in mint, move-in ready condition.
The property features highly attractive buyer incentives, including a 4.5% interest rate and 100% financing options through a preferred lender, significantly increasing affordability for first-time buyers.
Recently refreshed with white shaker cabinets, stainless steel appliances, and contemporary wood-look flooring, this home offers a move-in-ready experience with stylish, updated finishes.
Ideally situated just 15-20 minutes from downtown Nashville with quick access to I-40 and the airport, providing excellent convenience for urban professionals and frequent travelers.
The assigned middle and high schools have low performance ratings (2/10), which may deter families and potentially impact future resale value compared to higher-rated districts.
At just 1,024 square feet on a small lot, the property offers limited interior living space and storage, which may not accommodate growing families or those needing a home office.
4.5% interest and 100% financing with preferred lender with 2-1 buy down. That means your monthly payment year one is only $1,199 !!* This charming updated two-story single-family residence in the Harbor Gate subdivision offers 2 bedrooms and 1.5 bath and showcases modern upgrades throughout. Featuring bright white interiors, light wood-look flooring, a fully refreshed kitchen with white shaker cabinets, sleek black hardware, white countertops, and stainless steel appliances, plus a stylish bathroom with a new vanity, modern dark faucet, and clean tub/shower combo. The cozy living area includes a fireplace, while outside you'll find attractive curb appeal, a welcoming porch, and a spacious wooden deck overlooking a private wooded backyard. Built in 1984 and recently refreshed, this move-in ready home is conveniently located just minutes (approx. 15-20) from downtown Nashville, with easy access to I-40, the airport, shopping, and entertainment—ideal for commuters, first-time buyers, or investors seeking value in a prime area. Don't miss this turnkey opportunity! *Must use preferred lender seller to pay down rate with a 2-1 buy down program.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 3.0 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,024 | 2,093.129 |
| Lot Size | 2,178 | 10,890 |
| Price | $214.7K | $568.3K |
| Price per sq ft | $210 | $307 |
| Built year | 1984 | 1971 |
| HOA | $0 | $137 |
| Days on market | 7 | 69 |
Sep 2, 2026
$214,700
Initial Listing