937 Watercourse Ct, Nashville, TN 37214
937 Watercourse Ct, Nashville, TN 37214, Active at $549,990 ($246/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,233 sqft · $246/sqft.
937 Watercourse Ct, Nashville, TN 37214, Active at $549,990 ($246/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,233 sqft · $246/sqft.
Active · $549,990
MLS #3265735 · listed July 9, 2026 · 63 days on market · updated July 21, 2026
4-bed, 2.5-bath home at 937 Watercourse Ct in Pennington Mills, Nashville, 2,233 sqft, $549,990 ($246/sqft), by M/I HOMES OF NASHVILLE LLC.
937 Watercourse Ct is a 4-bedroom, 2.5-bath home in Nashville, TN 37214, offered at $549,990, about $246/sq ft across 2,233 sq ft.
At $246/sq ft, this home is about 3% above the Pennington Mills median list price per square foot of $240.
Market read: the Pennington Mills market is seller-favored, at about 1.6 months of inventory.
All-in, about $3,633/mo at 20% down (6.89% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $738/mo, roughly 20% of the all-in monthly payment.
At the current 6.89% 30-year rate, principal and interest on this home runs about $2,895/mo; at the 6.67% rate of about three months ago it would be roughly $2,830/mo, so monthly P&I is about $65 higher now.
School zone: assigned to Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 937 Watercourse Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 21, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Welcome to Pennington Mills: Your Urban Oasis! Experience the perfect blend of suburban charm and urban convenience in the heart of Nashville! Nestled in the desirable Donelson area, Pennington Mills offers quick access to Briley Parkway, downtown Nashville, and the airport. Enjoy the Nashville Greenway with scenic walking trails leading to the Cumberland River, playgrounds, and serene wooded areas to explore. Limited Opportunity Alert! This is the FINAL Marion plan available in Pennington Mills, making it one of your last chances to join this sought-after community. With only five homes remaining and just ONE Marion left, this stunning residence is currently under construction and set for completion in August. This Marion home stands out with our Luxury Package, showcasing elevated finishes and designer details throughout. Highlights include: Elegant crown molding and a stylish tray ceiling An impressive 8-foot front door Upgraded quartz countertops throughout Luxurious floor tile A sleek linear fireplace that serves as a stunning focal point in the main living area Step outside to an extended rear patio complete with ceiling fans, providing the perfect space for relaxation and entertaining in your backyard. Designed for modern living, this home features 4 bedrooms, 2.5 baths, and an open-concept main level. The versatile upstairs loft adds extra space for work or play, while the spacious owner's suite offers a private retreat. The kitchen, truly the heart of the home, boasts modern finishes, ample counter space, and seamless flow into the main living area, ideal for busy mornings or hosting gatherings with friends and family. Outside, enjoy a large, flat backyard bordered by a beautifully landscaped bio pond, with no neighbors on the right side or behind, ensuring your privacy. Exciting Financing Offer: We are pleased to provide a 4.875% FHA rate buy down and cover all closing costs at no expense to you, making homeownership even more accessible! Don't mis
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 937 Watercourse Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $549,990 | — |
Estimated monthly ownership for 937 Watercourse Ct at $549,990: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $549,990 |
|---|---|
| HOA dues | $80 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 937 Watercourse Ct is about $3,633/mo, 20% down on a 30-year fixed at 6.89% (a conforming loan), including principal & interest $2,895, estimated property tax $319, homeowners insurance $339, and HOA dues $80. Estimate only; not a loan offer.
| Principal & interest | $2,895/mo |
|---|---|
| Property tax (est.) | $319/mo |
| Homeowners insurance (est.) | $339/mo |
| HOA dues | $80/mo |
| Estimated total | $3,633/mo |
Assumes 20% down, 30-year fixed at 6.89% (Mortgage News Daily, as of September 8, 2026). Property tax uses the Davidson County General Services District 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 |
|---|---|---|---|
| 5.89% | $2,607/mo | $3,345/mo | -$288/mo |
| 6.39% | $2,749/mo | $3,487/mo | -$146/mo |
| 6.89% | $2,895/mo | $3,633/mo | current |
| 7.39% | $3,043/mo | $3,781/mo | +$148/mo |
| 7.89% | $3,195/mo | $3,933/mo | +$300/mo |
Principal & interest on a 30-year fixed at 20% down ($439,992 loan), with property tax, insurance, and HOA held constant at $738/mo. Current 30-year fixed 6.89% (Mortgage News Daily, as of September 8, 2026). Estimate only; not a loan offer.
Owning 937 Watercourse Ct runs about $3,633/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 | Pennington Mills active | Recently sold |
|---|---|---|---|
| Price / sq ft | $246 | $240 median | - |
| Price position | 95th pctile | +3% vs median | - |
This listing beside the active Pennington Mills market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.
At $246/sq ft, this home is among the highest-priced of the 11 active homes in Pennington Mills by price per square foot (95th percentile).
Computed by Grant Hammond from 11 Pennington Mills comparables (RealTracs via IDX), as of September 9, 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 |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (RealTracs via IDX).
| Active listings | 5 in Pennington Mills |
|---|---|
| Recent absorption | about 3.1 sales / mo |
| Months of inventory | 1.6 months, a seller-favored market (tight supply) |
Supply-side and recent-sale context for Pennington Mills. Sale figures are trailing 6/12/24-month medians of recorded Pennington Mills closings. Source RealTracs via IDX, as of September 9, 2026.
937 Watercourse Ct sits in Pennington Mills, Nashville, Davidson County.
In Pennington Mills, homes there are priced around $240 per square foot; inventory is running at about 1.6 months, a seller-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.
Approximately 6.6 miles from downtown Nashville (straight-line distance).
937 Watercourse Ct is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 937 Watercourse Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 937 Watercourse Ct, by price and size.
Listed with M/I HOMES OF NASHVILLE LLC. 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.
The Nashville housing market 2026 is expected to remain selective and rate sensitive as mortgage rates hover near 6% and inventory grows due to longer selling timelines. Labor stability reduces the risk of broad price declines, but affordability constraints increase negotiation pressure in middle-tier segments. Divergence between Davidson, Williamson, and surrounding counties is likely to expand. Market direction will depend largely on mortgage rate movement and contract-to-listing ratios.
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As of the latest update (July 21, 2026), 937 Watercourse Ct, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
937 Watercourse Ct, Nashville is listed at $549,990, about $246 per square foot across 2,233 square feet.
4 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $246 per square foot ($549,990 across 2,233 sqft).
937 Watercourse Ct, Nashville was built in 2026.
Yes, 2 garage spaces, per the listing.
HOA dues are $80 per month, as listed.
937 Watercourse Ct, Nashville is in the Pennington Mills subdivision of Nashville.
About $3,633 a month with 20% down on a 30-year fixed at 6.89%, principal and interest $2,895, estimated property tax $319, insurance $339, and HOA $80. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
937 Watercourse Ct, Nashville is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 937 Watercourse Ct, Nashville 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 $246 per square foot, 937 Watercourse Ct, Nashville ranks in the 95th percentile of active Pennington Mills listings by price per square foot, roughly 3% above the Pennington Mills median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Pennington Mills market is currently seller-favored (tight supply), at about 1.6 months of inventory, per RealTracs as of September 9, 2026.
Thinking of selling in Pennington Mills?
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