7231 Richvale Dr, Fairview, TN 37062
7231 Richvale Dr, Fairview, TN 37062, Conditional at $689,350 ($250/sq ft). 3 bd · 2 ba · 2,762 sqft · $250/sqft · 0.37 ac.
7231 Richvale Dr, Fairview, TN 37062, Conditional at $689,350 ($250/sq ft). 3 bd · 2 ba · 2,762 sqft · $250/sqft · 0.37 ac.
Conditional · $689,350
MLS #3242782 · listed June 12, 2026 · 94 days on market · updated August 2, 2026
3-bed, 2-bath home at 7231 Richvale Dr in Richvale Ph1, Fairview, 2,762 sqft, $689,350 ($250/sqft), by eXp Realty.
7231 Richvale Dr is a 3-bedroom, 2-bath home in Fairview, TN 37062, offered at $689,350, about $250/sq ft across 2,762 sq ft.
At $250/sq ft, this home is about 7% below the Richvale median list price per square foot of $270.
Market read: the Fairview homes market is buyer-favored, at about 7.7 months of inventory.
All-in, about $4,357/mo at 20% down (7.12% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $643/mo, roughly 15% of the all-in monthly payment.
At the current 7.12% 30-year rate, principal and interest on this home runs about $3,714/mo; at the 6.58% rate of about three months ago it would be roughly $3,515/mo, so monthly P&I is about $199 higher now.
School zone: assigned to Westwood Elementary School, Fairview Middle School, Fairview High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 7231 Richvale Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 2, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Fairview.
Better than new and priced to stand out! The sellers job relocation creates a rare opportunity to own this beautifully upgraded, like-new home without the wait or premium price of new construction. Plus, take advantage of an incredible preferred lender incentive: 1% rate reduction for the first year, 3k lender credit, and a free appraisal. Less than two years old, this exceptional home offers 3 bedrooms and 2 bathrooms on the main level, plus a spacious bonus room that easily functions as a fourth bedroom, home office, or flex space. From the 10- foot ceilings and 8-foot doors to the upgraded black windows, luxury vinyl plank flooring, coffered ceilings, and designer finishes, every detail was thoughtfully selected. The chef's kitchen features quartz countertops, a large island, double ovens, gas cooking, and a walk-in pantry, while the great room is anchored by a floor to ceiling stone fireplace. The private primary suite provides a relaxing retreat, and the oversized 3 car garage with epoxy floors offers plenty of space for your vehicles, storage, or hobbies. Outside, enjoy a covered back porch complete with its own gas fireplace and TV hookups. Located in the highly sought-after Williamson County School District, just minutes from Franklin, Nashville, I-40, and I-840, this home offers the quality, upgrades, and convenience you have been searching for!!
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 7231 Richvale Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $689,350 | — |
Estimated monthly ownership for 7231 Richvale Dr at $689,350: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $689,350 |
|---|---|
| HOA dues | $75 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 7231 Richvale Dr is about $4,357/mo, 20% down on a 30-year fixed at 7.12% (a conforming loan), including principal & interest $3,714, estimated property tax $187, homeowners insurance $381, and HOA dues $75. Estimate only; not a loan offer.
| Principal & interest | $3,714/mo |
|---|---|
| Property tax (est.) | $187/mo |
| Homeowners insurance (est.) | $381/mo |
| HOA dues | $75/mo |
| Estimated total | $4,357/mo |
Assumes 20% down, 30-year fixed at 7.12% (Mortgage News Daily, as of September 11, 2026). Property tax uses the Williamson County (unincorporated) rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.12% | $3,349/mo | $3,992/mo | -$365/mo |
| 6.62% | $3,529/mo | $4,172/mo | -$185/mo |
| 7.12% | $3,714/mo | $4,357/mo | current |
| 7.62% | $3,901/mo | $4,544/mo | +$187/mo |
| 8.12% | $4,093/mo | $4,736/mo | +$379/mo |
Principal & interest on a 30-year fixed at 20% down ($551,480 loan), with property tax, insurance, and HOA held constant at $643/mo. Current 30-year fixed 7.12% (Mortgage News Daily, as of September 11, 2026). Estimate only; not a loan offer.
Owning 7231 Richvale Dr runs about $4,357/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Richvale active | Recently sold |
|---|---|---|---|
| Price / sq ft | $250 | $270 median | - |
| Price position | 28th pctile | -7% vs median | - |
This listing beside the active Richvale market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 13, 2026.
At $250/sq ft, this home ranks in the 28th percentile of the 29 active homes in Richvale by price per square foot.
Computed by Grant Hammond from 29 Richvale comparables (RealTracs via IDX), as of September 13, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX).
| Active listings | 173 in Fairview homes |
|---|---|
| Recent absorption | about 22.5 sales / mo |
| Months of inventory | 7.7 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Fairview homes. Sale figures are trailing 6/12/24-month medians of recorded Fairview homes closings. Source RealTracs via IDX, as of September 13, 2026.
7231 Richvale Dr sits in Richvale Ph1, Fairview, Williamson County.
In Richvale, homes there are priced around $270 per square foot; inventory in Fairview homes is running at about 7.7 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 13, 2026.
Approximately 23 miles from downtown Nashville (straight-line distance).
7231 Richvale Dr is zoned for Westwood Elementary School, Fairview Middle School, Fairview High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 7231 Richvale Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 7231 Richvale Dr, by price and size.
Listed with eXp Realty. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
August 2026 Nashville housing market: inventory up 10% to 14,294 homes, supply at 5.59 months, average price up 3% to $637,141. What it means for buyers.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (August 2, 2026), 7231 Richvale Dr, Fairview is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
7231 Richvale Dr, Fairview is listed at $689,350, about $250 per square foot across 2,762 square feet.
3 bedrooms and 2 bathrooms.
About $250 per square foot ($689,350 across 2,762 sqft).
7231 Richvale Dr, Fairview was built in 2024.
Yes, 3 garage spaces, per the listing.
HOA dues are $75 per month, as listed.
7231 Richvale Dr, Fairview is in the Richvale Ph1 subdivision of Fairview.
About $4,357 a month with 20% down on a 30-year fixed at 7.12%, principal and interest $3,714, estimated property tax $187, insurance $381, and HOA $75. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
7231 Richvale Dr, Fairview is zoned for Westwood Elementary School, Fairview Middle School, Fairview High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 7231 Richvale Dr, Fairview is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $250 per square foot, 7231 Richvale Dr, Fairview ranks in the 28th percentile of active Richvale listings by price per square foot, roughly 7% below the Richvale median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Fairview homes market is currently buyer-favored (ample supply), at about 7.7 months of inventory, per RealTracs as of September 13, 2026.
Thinking of selling in Richvale Ph1?
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