940 Gale Ln 101, Nashville, TN 37204, Nashville, 37204 - 2 bed, 3 bath
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940 Gale Ln 101
Nashville, TN 37204
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,496Sq Ft
436Lot Size
Property Price
LIST PRICE$490,000
EST. MARKET VALUE
$486,828
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $550,000—positioned well below the $581,851 Fair Market Value by 5%. This valuation gap offers $31,851 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes refinished hardwood floors, a renovated half-bath, and a private deck and patio. Located in the vibrant 12South neighborhood near Glendale Elementary (9/10), this property is an ideal fit for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$486,828
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 |
|---|---|---|---|---|---|---|
★ 940 Gale Ln 101 Subject 2 bd · 3 ba · 1,496 sqft · $325 | $490,000* List Price | 2 | 3 | 1,496 | $325 | - |
A 940 Gale Ln 149 Sold 2 bd · 2 ba · 1,144 sqft · $341 · 0.1 mi | $390,000 | 2 | 2 | 1,144 | $341 | 0.1 mi |
B 940 Gale Ln 132 Sold 2 bd · 2 ba · 1,144 sqft · $365 · 0.1 mi | $417,500 | 2 | 2 | 1,144 | $365 | 0.1 mi |
C 816 Hillview Hts Sold 2 bd · 3 ba · 1,480 sqft · $389 · 0.7 mi | $575,000 | 2 | 3 | 1,480 | $389 | 0.7 mi |
D 940 Gale Ln 129 Active 2 bd · 2 ba · 1,144 sqft · $372 · 0.0 mi | $425,000 List Price | 2 | 2 | 1,144 | $372 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1973, the property has undergone significant recent renovations including a modern kitchen with shaker cabinets and stone countertops, refinished hardwood floors, and fresh interior paint. The half bath is newly renovated and the water heater is new (2026). The primary bathroom appears functional but slightly more dated than the kitchen, placing the overall condition in the 'Good' category as a well-maintained, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Glendale Elementary School (9/10).
- Prime 12South Walkability
The property is ideally located in the vibrant 12South neighborhood, offering residents immediate walking access to Sevier Park and a premier selection of local boutiques, dining, and fitness studios.
- Versatile Floor Plan
Featuring a rare separate den in addition to the two bedrooms, the layout provides exceptional flexibility for a dedicated home office, gym, or secondary living space, which is highly valued in the current market.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally constructed in 1973, the property may require more ongoing maintenance or future capital improvements compared to the newer construction common in the surrounding Nashville area.
- Market Stagnation
With 60 days on the market, the listing is seeing a longer-than-average absorption period for this high-demand zip code, which may indicate the current price point is slightly ahead of buyer expectations.
About 940 Gale Ln 101
Live in the heart of one of Nashville's most walkable neighborhoods. This 2-bedroom, 2.5-bath townhome at 940 Gale Ln in 12South sits just a short walk from Sevier Park and the area's popular shops, restaurants, and fitness studios. Inside, an open floor plan is elevated by newly refinished hardwood floors, fresh paint throughout, and a rare separate den — ideal as a home office, workout space, or additional sitting room. The renovated half bath adds move-in-ready polish, and a new 2026 water heater means some major maintenance is already covered. Refrigerator and washer/dryer convey with the home. Whether you're searching for a 12South townhome to call your own or an investment in a high-demand Nashville submarket, this property delivers location, condition, and versatility in one package. Buyers and Buyers agents to verify all information.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $334 / Month
Neighborhood Insights
Nashville Unified Schools
Glendale Elementary School
Grades PK-4 • 1.5 mi
9/10
John T. Moore Middle School
Grades 5-8 • 1.4 mi
5/10
Hillsboro High School
Grades 9-12 • 1.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,496 | 1,551.684 |
| Lot Size | 436 | 871 |
| Price | $490.0K | $365.8K |
| Price per sq ft | $328 | $238 |
| Built year | 1973 | 2003 |
| HOA | $334 | $260 |
| Days on market | 172 | 83 |
Pricing History
Listed for Sale
Sep 18, 2026
$490,000
$510,000
-4% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$510,000
$525,000
-3% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Price Change
May 5, 2026
$550,000
Initial Listing