Ranch home in Nashville, TN
This 1,107-square-foot Ranch home in Nashville, TN includes 3 bedrooms and 2 bathrooms. The listing highlights hardwood floors and large backyard / lot.
| Price | $310,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1107 |
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| Architectural style | Ranch (82% match) |
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| Address | 1513 Watercress Dr, Nashville, TN 37214 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: hardwood floors, large backyard / lot.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $310K, this home is 31% below the $450K median for 1563 similar Ranch homes in Nashville, TN.
- That works out to $280 per square foot, 5% above the $267 comparable rate.
- New to market (6 days), so expect competition.
| This home | $310,000 |
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| Ranch median in Nashville, TN | $450,000 (1563 homes) |
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| Price per sq ft | $280 vs. $267 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,986/month with 20% down at a 7.28% 30-year fixed rate. You would need about $85,122 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,697/mo |
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| Property tax (new-buyer reassessed rate) | $173/mo |
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| Homeowners insurance | $116/mo |
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| Total monthly | $1,986/mo |
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| Down payment (20%) | $62,000 |
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| Income needed | $85,122/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (74 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (74/100) |
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| Beats renting in | 35% of modeled paths |
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| Modeled 5-yr equity (median) | $179,665 |
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| Range (10th to 90th pct) | $113,574 to $258,750 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Nashville, TN where local data is thin.
Local home values
Typical home values in Nashville, TN have risen about 21% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately