940 Millstream Dr, Nashville, TN 37218
940 Millstream Dr, Nashville, TN 37218, Active at $361,000 ($241/sq ft). 3 bd · 2 ba · 1,501 sqft · $241/sqft · 0.05 ac.
940 Millstream Dr, Nashville, TN 37218, Active at $361,000 ($241/sq ft). 3 bd · 2 ba · 1,501 sqft · $241/sqft · 0.05 ac.
Active · $361,000
MLS #3312754 · listed July 30, 2026 · 83 days on market · updated October 1, 2026
3-bed, 2-bath condo at 940 Millstream Dr in Crossing At Drakes Branch, Nashville, 1,501 sqft, $361,000 ($241/sqft), by Mark Spain Real Estate.
940 Millstream Dr is a 3-bedroom, 2-bath condo in Nashville, TN 37218, offered at $361,000, about $241/sq ft across 1,501 sq ft.
At $241/sq ft, this condo is about 12% below the Nashville 37218 median list price per square foot of $275.
Recently sold in Nashville 37218: 31 comparable condos from $308,000 to $484,000, a median of $225/sq ft; this listing at $241/sq ft is about 7% above recent sold prices.
Market read: the Nashville 37218 condos market is buyer-favored, at about 7.7 months of inventory; recent sales have closed near 100% of list over the past year.
All-in, about $2,621/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $621/mo, roughly 24% of the all-in monthly payment.
At the current 7.40% 30-year rate, principal and interest on this condo runs about $2,000/mo; at the 6.77% rate of about three months ago it would be roughly $1,877/mo, so monthly P&I is about $123 higher now.
Next step: ask Grant Hammond anything about 940 Millstream Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 1, 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.
This thoughtfully designed 3-bedroom, 2-bath condominium welcomes you with a covered front porch and an open-concept layout. A versatile front flex room and centrally located island kitchen create the perfect balance of style and functionality. The spacious family room provides an inviting gathering space, while the efficient ranch-style design maximizes every square foot. Combining comfort, convenience, and low-maintenance living, this charming villa is ideal for today's lifestyle.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 940 Millstream Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $361,000 | -$1,000 (-0.3%) | |
| Price change | $362,000 | -$1,000 (-0.3%) | |
| Price change | $363,000 | -$2,000 (-0.5%) | |
| Price change | $365,000 | -$10,000 (-2.7%) | |
| Listed | $375,000 | ||
| Deed recorded | $331,600 | ||
| Quitclaim deed | $0 |
Listed July 30, 2026, this listing has been on the market 83 days as of October 21, 2026. The price has been reduced 4 times, from $375,000 to $361,000 (-3.7%), most recently on October 1, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 940 Millstream Dr by year: $42,000 in 2021 to $385,500 in 2025, a change of +818%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $77,000 | $308,500 | $0 | $385,500 | ROLL |
| 2022 | $42,000 | $211,000 | $0 | $253,000 | PR |
| 2021 | $42,000 | $0 | $0 | $42,000 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Estimated monthly ownership for 940 Millstream Dr at $361,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $361,000 |
|---|---|
| HOA dues | $140 / 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 940 Millstream Dr is about $2,621/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $2,000, estimated property tax $209, homeowners insurance $272, and HOA dues $140. Estimate only; not a loan offer.
| Principal & interest | $2,000/mo |
|---|---|
| Property tax (est.) | $209/mo |
| Homeowners insurance (est.) | $272/mo |
| HOA dues | $140/mo |
| Estimated total | $2,621/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 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 |
|---|---|---|---|
| 6.40% | $1,806/mo | $2,427/mo | -$194/mo |
| 6.90% | $1,902/mo | $2,523/mo | -$98/mo |
| 7.40% | $2,000/mo | $2,621/mo | current |
| 7.90% | $2,099/mo | $2,720/mo | +$99/mo |
| 8.40% | $2,200/mo | $2,821/mo | +$200/mo |
Principal & interest on a 30-year fixed at 20% down ($288,800 loan), with property tax, insurance, and HOA held constant at $621/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 940 Millstream Dr runs about $2,621/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 | $140 / mo (about 5% of the estimated total payment) |
|---|---|
| HOA per year | $1,680 |
| HOA over 5 years | $8,400 (at current dues) |
| Effective carrying cost | $1.756 / sq ft / mo (estimated total over 1,501 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 | Nashville 37218 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $241 | $276 median | - |
| Price position | 34th pctile | -13% vs median | - |
| Nashville 37218 vs greater Nashville | - | -18% | - |
This listing beside the active Nashville 37218 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 21, 2026.
Among the 149 active condos in Nashville 37218, this condo at $241/sq ft falls in the 34th percentile on price per square foot.
Nashville 37218 trades about 18% below greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads in line with Nashville 37218 on a per-square-foot basis.
Computed by Grant Hammond from 149 Nashville 37218 comparables (Realtracs via IDX), as of October 21, 2026, refreshed weekly.
| Active listings | 55 in Nashville 37218 condos |
|---|---|
| Recent absorption | about 7.1 sales / mo |
| Months of inventory | 7.7 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37218 condos sold at about 100% of list price.
Recorded sales in Nashville 37218 condos: 67 in the past 12 months.
Supply-side and recent-sale context for Nashville 37218 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37218 condos closings. Source Realtracs via IDX, as of September 27, 2026.
940 Millstream Dr sits in Crossing At Drakes Branch, Nashville, Davidson County.
In Nashville 37218, homes there are priced around $275 per square foot; inventory in Nashville 37218 condos is running at about 7.7 months, a buyer-favored market; recent sales closed near 100% of list price; 31 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 12, 2026.
Approximately 5.8 miles from downtown Nashville (straight-line distance).
940 Millstream Dr is zoned for Cumberland Elementary, Haynes Middle, Whites Creek High. 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 940 Millstream Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 940 Millstream Dr, by price and size.
Listed by April Denise Benson, Mark Spain Real Estate. 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 (October 1, 2026), 940 Millstream Dr, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
940 Millstream Dr was listed on July 30, 2026 and has been on the market 83 days as of October 21, 2026, per Realtracs.
Yes. It was first listed at $375,000. The price has been reduced 4 times, most recently to $361,000 on October 1, 2026, a total change of -3.7%.
940 Millstream Dr, Nashville is listed at $361,000, about $241 per square foot across 1,501 square feet.
3 bedrooms and 2 bathrooms.
About $241 per square foot ($361,000 across 1,501 sqft).
940 Millstream Dr, Nashville was built in 2022.
Yes, 2 garage spaces, per the listing.
HOA dues are $140 per month, as listed.
940 Millstream Dr, Nashville is in the Crossing At Drakes Branch subdivision of Nashville.
About $2,621 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $2,000, estimated property tax $209, insurance $272, and HOA $140. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
940 Millstream Dr, Nashville is zoned for Cumberland Elementary, Haynes Middle, Whites Creek High. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $140 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $241 per square foot, 940 Millstream Dr, Nashville is in the 36th percentile of active listings in the Nashville 37218, about 12% below the $275 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 and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.
At about $241 per square foot, 940 Millstream Dr, Nashville ranks in the 36th percentile of active Nashville 37218 listings by price per square foot, roughly 12% below the Nashville 37218 median; recent comparable sales in Nashville 37218 closed near $225 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37218 condos market is currently buyer-favored (ample supply), at about 7.7 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of September 27, 2026.
Thinking of selling in Crossing At Drakes Branch?
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