902 Mcmahan Ave, Nashville, TN 37216
902 Mcmahan Ave, Nashville, TN 37216, Active at $515,000 ($357/sq ft). 3 bd · 2 ba · 1,443 sqft · $357/sqft · 0.36 ac.
902 Mcmahan Ave, Nashville, TN 37216, Active at $515,000 ($357/sq ft). 3 bd · 2 ba · 1,443 sqft · $357/sqft · 0.36 ac.
Active · $515,000
MLS #3322370 · updated August 4, 2026
3-bed, 2-bath home at 902 Mcmahan Ave in Phillips, Nashville, 1,443 sqft, $515,000 ($357/sqft), by simpliHOM.
902 Mcmahan Ave is a 3-bedroom, 2-bath home in Nashville, TN 37216, offered at $515,000, about $357/sq ft across 1,443 sq ft.
At $357/sq ft, this home is about 6% above the Nashville 37216 median list price per square foot of $338.
Market read: the Nashville 37216 homes market is balanced, at about 5.6 months of inventory.
All-in, about $3,281/mo at 20% down (6.674% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $630/mo, roughly 19% of the all-in monthly payment.
At the current 6.674% 30-year rate, principal and interest on this home runs about $2,651/mo; at the 6.382% rate of about three months ago it would be roughly $2,572/mo, so monthly P&I is about $79 higher now.
School zone: assigned to Hattie Cotton Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 902 Mcmahan Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 4, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Complete reported fields for 902 Mcmahan Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $380,000 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 902 Mcmahan Ave at $515,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $515,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 902 Mcmahan Ave is about $3,281/mo, 20% down on a 30-year fixed at 6.674% (a conforming loan), including principal & interest $2,651, estimated property tax $302, homeowners insurance $328. Estimate only; not a loan offer.
| Principal & interest | $2,651/mo |
|---|---|
| Property tax (est.) | $302/mo |
| Homeowners insurance (est.) | $328/mo |
| Estimated total | $3,281/mo |
Assumes 20% down, 30-year fixed at 6.674% (Freddie Mac PMMS, as of 2026-08-04). 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 |
|---|---|---|---|
| 5.674% | $2,384/mo | $3,014/mo | -$267/mo |
| 6.174% | $2,516/mo | $3,146/mo | -$135/mo |
| 6.674% | $2,651/mo | $3,281/mo | current |
| 7.174% | $2,789/mo | $3,419/mo | +$138/mo |
| 7.674% | $2,930/mo | $3,560/mo | +$279/mo |
Principal & interest on a 30-year fixed at 20% down ($412,000 loan), with property tax, insurance held constant at $630/mo. Current 30-year fixed 6.674% (Freddie Mac PMMS, as of 2026-08-04). Estimate only; not a loan offer.
Owning 902 Mcmahan Ave runs about $3,281/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.
The Davidson County appraised value of $439,600 trails the $515,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,093 now to roughly $3,623 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Nashville 37216 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $357 | $338 median | - |
| Price position | 58th pctile | +6% vs median | - |
This listing beside the active Nashville 37216 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-08-06.
At $357/sq ft, this home ranks in the 58th percentile of the 232 active homes in Nashville 37216 by price per square foot.
Computed by Grant Hammond from 232 Nashville 37216 comparables (RealTracs via IDX), as of 2026-08-06, 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 | 123 in Nashville 37216 homes |
|---|---|
| Recent absorption | about 22 sales / mo |
| Months of inventory | 5.6 months, a balanced market |
Supply-side and recent-sale context for Nashville 37216 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37216 homes closings. Source RealTracs via IDX, as of 2026-08-03.
902 Mcmahan Ave sits in Phillips, Nashville, Davidson County.
In Nashville 37216, homes there are priced around $338 per square foot; inventory in Nashville 37216 homes is running at about 5.6 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-06.
902 Mcmahan Ave is zoned for Hattie Cotton Elementary, Jere Baxter Middle, Maplewood 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 902 Mcmahan Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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Listed with simpliHOM. 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 4, 2026), 902 Mcmahan Ave, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
902 Mcmahan Ave, Nashville is listed at $515,000, about $357 per square foot across 1,443 square feet.
3 bedrooms and 2 bathrooms.
About $357 per square foot ($515,000 across 1,443 sqft).
902 Mcmahan Ave, Nashville was built in 1954.
No garage is reported in the listing.
No HOA dues are reported for this home.
902 Mcmahan Ave, Nashville is in the Phillips subdivision of Nashville.
About $3,281 a month with 20% down on a 30-year fixed at 6.674%, principal and interest $2,651, estimated property tax $302, insurance $328. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
902 Mcmahan Ave, Nashville is zoned for Hattie Cotton Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 902 Mcmahan Ave, 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 $357 per square foot, 902 Mcmahan Ave, Nashville ranks in the 58th percentile of active Nashville 37216 listings by price per square foot, roughly 6% above the Nashville 37216 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37216 homes market is currently balanced, at about 5.6 months of inventory, per RealTracs as of 2026-08-03.
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