50 Music Sq W 723, Nashville, TN 37203
50 Music Sq W 723, Nashville, TN 37203, Active at $350,000 ($909/sq ft). 0 bd · 1 ba · 385 sqft · $909/sqft.
50 Music Sq W 723, Nashville, TN 37203, Active at $350,000 ($909/sq ft). 0 bd · 1 ba · 385 sqft · $909/sqft.
Active · $350,000
MLS #3297811 · listed July 10, 2026 · 62 days on market · updated August 11, 2026
0-bed, 1-bath condo at 50 Music Sq W 723 in Motif, Nashville, 385 sqft, $350,000 ($909/sqft), by Alpha Residential.
50 Music Sq W 723 is a 1-bath condo in Nashville, TN 37203, offered at $350,000, about $909/sq ft across 385 sq ft.
At $909/sq ft, this condo is about 8% above the Motif median list price per square foot of $843.
Market read: the Motif market is buyer-favored, at about 10 months of inventory.
All-in, about $2,728/mo at 20% down (6.89% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $886/mo, roughly 32% of the all-in monthly payment.
At the current 6.89% 30-year rate, principal and interest on this condo runs about $1,842/mo; at the 6.67% rate of about three months ago it would be roughly $1,801/mo, so monthly P&I is about $41 higher now.
Next step: ask Grant Hammond anything about 50 Music Sq W 723 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 11, 2026. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
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Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 50 Music Sq W 723 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $350,000 | — |
Estimated monthly ownership for 50 Music Sq W 723 at $350,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $350,000 |
|---|---|
| HOA dues | $400 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 50 Music Sq W 723 is about $2,728/mo, 20% down on a 30-year fixed at 6.89% (a conforming loan), including principal & interest $1,842, estimated property tax $205, homeowners insurance $281, and HOA dues $400. Estimate only; not a loan offer.
| Principal & interest | $1,842/mo |
|---|---|
| Property tax (est.) | $205/mo |
| Homeowners insurance (est.) | $281/mo |
| HOA dues | $400/mo |
| Estimated total | $2,728/mo |
Assumes 20% down, 30-year fixed at 6.89% (Mortgage News Daily, as of September 8, 2026). Property tax uses the Davidson County Urban 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% | $1,659/mo | $2,545/mo | -$183/mo |
| 6.39% | $1,750/mo | $2,636/mo | -$92/mo |
| 6.89% | $1,842/mo | $2,728/mo | current |
| 7.39% | $1,937/mo | $2,823/mo | +$95/mo |
| 7.89% | $2,033/mo | $2,919/mo | +$191/mo |
Principal & interest on a 30-year fixed at 20% down ($280,000 loan), with property tax, insurance, and HOA held constant at $886/mo. Current 30-year fixed 6.89% (Mortgage News Daily, as of September 8, 2026). Estimate only; not a loan offer.
Owning 50 Music Sq W 723 runs about $2,728/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.
| HOA dues | $400 / mo (about 15% of the estimated total payment) |
|---|---|
| HOA per year | $4,800 |
| HOA over 5 years | $24,000 (at current dues) |
| Effective carrying cost | $7.086 / sq ft / mo (estimated total over 385 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
| Metric | This condo | Motif active | Recently sold |
|---|---|---|---|
| Price / sq ft | $909 | $843 median | - |
| Price position | 81st pctile | +8% vs median | - |
| Motif vs Nashville 37203 area | - | +38% | - |
This listing beside the active Motif market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.
Among the 18 active condos in Motif, this condo at $909/sq ft falls in the 81st percentile on price per square foot.
Motif trades about 38% above Nashville 37203 area on a price-per-square-foot basis.
Taken together, this condo reads toward the higher end per square foot for Motif.
Computed by Grant Hammond from 18 Motif comparables (RealTracs via IDX), as of September 9, 2026, refreshed weekly.
Median closed price and price per square foot by unit size in Motif, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| Studio | $304,000 | $790 | 5 |
| 1 BR | $399,900 | $847 | 5 |
| 2 BR | $631,900 | $843 | 9 |
Computed by Grant Hammond from recorded Motif closings, grouped by unit size (RealTracs via IDX).
| Active listings | 15 in Motif |
|---|---|
| Recent absorption | about 1.5 sales / mo |
| Months of inventory | 10 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Motif. Sale figures are trailing 6/12/24-month medians of recorded Motif closings. Source RealTracs via IDX, as of September 9, 2026.
50 Music Sq W 723 sits in Motif, Nashville, Davidson County.
In Motif, homes there are priced around $843 per square foot; inventory is running at about 10 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.
Approximately 1.2 miles from downtown Nashville (straight-line distance).
50 Music Sq W 723 is zoned for Eakin Elementary, West End Middle School, Hillsboro 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 50 Music Sq W 723 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 50 Music Sq W 723, by price and size.
Listed with Alpha Residential. 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.
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As of the latest update (August 11, 2026), 50 Music Sq W 723, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
50 Music Sq W 723, Nashville is listed at $350,000, about $909 per square foot across 385 square feet.
0 bedrooms and 1 bathroom.
About $909 per square foot ($350,000 across 385 sqft).
50 Music Sq W 723, Nashville was built in 2023.
No garage is reported in the listing.
HOA dues are $400 per month, as listed.
50 Music Sq W 723, Nashville is in the Motif subdivision of Nashville.
About $2,728 a month with 20% down on a 30-year fixed at 6.89%, principal and interest $1,842, estimated property tax $205, insurance $281, and HOA $400. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
50 Music Sq W 723, Nashville is zoned for Eakin Elementary, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $400 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $909 per square foot, 50 Music Sq W 723, Nashville is in the 81st percentile of active listings in the Motif, about 8% above the $843 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
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 $909 per square foot, 50 Music Sq W 723, Nashville ranks in the 81st percentile of active Motif listings by price per square foot, roughly 8% above the Motif median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Motif market is currently buyer-favored (ample supply), at about 10 months of inventory, per RealTracs as of September 9, 2026.
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