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400 Herron Dr 309, Nashville, TN 37210

400 Herron Dr 309, Nashville, TN 37210, Active at $279,900 ($374/sq ft). 1 bd · 1 ba · 748 sqft · $374/sqft · 0.02 ac.

Active · $279,900

1 bed1 bath748 sq ft$374 /sq ft0.02 acres

MLS #3598018 · updated September 24, 2026

1-bed, 1-bath residence at 400 Herron Dr 309 in Alloy, Nashville, 748 sqft, $279,900 ($374/sqft), by Onward Real Estate.

The quick read

400 Herron Dr 309 is a 1-bedroom, 1-bath Airbnb in Nashville, TN 37210, offered at $279,900, about $374/sq ft across 748 sq ft.

All-in, about $2,151/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $616/mo, roughly 29% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this Airbnb runs about $1,535/mo; at the 6.81% rate of about three months ago it would be roughly $1,461/mo, so monthly P&I is about $74 higher now.

Short-term rental: this building permits STR, subject to a Metro Nashville permit.

Next step: ask Grant Hammond anything about 400 Herron Dr 309 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 24, 2026. Realtracs via IDX.

Short-term-rental property: see permit type and the revenue outlook below. STR eligibility is confirmed parcel by parcel, subject to a Metro Nashville permit.

Description of 400 Herron Dr 309

Welcome home to Alloy. Unit #309 is a light-filled, one-bedroom condo in the heart of Wedgewood-Houston. It's a great fit for a first-time buyer, a second home for weekend concerts and games, or visits to the kids at Vandy or Belmont or anyone ready to trade renting for owning. The open, modern layout feels clean and current without trying too hard, with plenty of warmth to make it feel like home. Start your morning with coffee on the balcony, then wind down with third-floor skyline views as the city lights up. Even better, the seller recently replaced the HVAC system, giving you one less thing to worry about. Built in 2018, Alloy has great amenities: a resort-style pool with downtown skyline views, outdoor grilling areas, a clubhouse and lounge for gatherings and/or remote work, and a dedicated dog park. You'll also find Matryoshka Coffee and local chocolatier Poppy & Peep right on site. Step outside and some of Wedgewood-Houston's favorite spots are just moments away, including Bastion, Il Forno, and Mercado. GEODIS Park is just minutes away, and Broadway is only twelve minutes from your door.

Listing remarks via the Realtracs Internet Data Exchange.

What the listing photos show

The listing photos show a condo with an open kitchen, dining area and living room in one space, with light-colored walls and dark wood-look floors. The kitchen has white flat-front cabinets, a glass tile backsplash and stainless steel appliances, and a sliding glass door leads to a balcony with a metal railing. The setting shows a view over trees and city buildings from the upper level in Nashville.

Seen in the photos: open floor plan, kitchen island, white flat-front cabinets, glass tile backsplash, stainless steel appliances, sliding glass door, balcony with railing, wood-look floors.

Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.

Highlights

Built 2018Pool

Full property details

Complete reported fields for 400 Herron Dr 309 (reference).

MLS #3598018
StatusActive
Price$279,900
Price / sqft$374
Bedrooms1
Bathrooms1
Living area748 sqft
Lot size0.02 acres
Year built2018
All 26 property fields
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionAluminum Siding
ParkingParking Lot
Annual taxes$2,108
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
ViewCity
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
HOA dues$221 / mo
SubdivisionAlloy
CountyDavidson
AmenitiesMaintenance Grounds, Maintenance Structure, Sewer, Trash, Water
UpdatedSeptember 24, 2026

Listing activity

DateEventPriceChange
Last recorded sale$250,000n/a
  • Listed at $279,900, about 12% above the last recorded sale ($250,000, April 21, 2021).
  • County assessment: $299,700 total appraised value (land $63,000 + improvements $236,700).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Assessment history

The Davidson County Assessor's appraised value of 400 Herron Dr 309 by year: $39,600 in 2017 to $299,700 in 2025, a change of +657%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$63,000$236,700$0$299,700ROLL
2021$55,000$178,900$0$233,900ROLL
2018$39,600$151,600$0$191,200PR
2017$39,600$0$0$39,600INF

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.

Cost of ownership

Investor carrying cost for 400 Herron Dr 309 at $279,900: debt service, property tax, STR-grade insurance, HOA, plus management and occupancy tax, netted against the revenue outlook above for a cap-rate view.

List price$279,900
HOA dues$221 / mo
Operating loadManagement, cleaning, occupancy tax, and STR-grade insurance reduce net yield, see the conservative revenue outlook above.
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 400 Herron Dr 309, Nashville

Estimated total monthly payment for 400 Herron Dr 309 is about $2,151/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $1,535, estimated property tax $164, STR-grade insurance $231, and HOA dues $221. Estimate only; not a loan offer.

Principal & interest$1,535/mo
Property tax (est.)$164/mo
STR-grade insurance (est.)$231/mo
HOA dues$221/mo
Estimated total$2,151/mo
7.61%6.13%7.3%February 19, 2025October 22, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.30% (Mortgage News Daily, as of October 22, 2026).

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.30%$1,386/mo$2,002/mo-$149/mo
6.80%$1,460/mo$2,076/mo-$75/mo
7.30%$1,535/mo$2,151/mocurrent
7.80%$1,612/mo$2,228/mo+$77/mo
8.30%$1,690/mo$2,306/mo+$155/mo

Principal & interest on a 30-year fixed at 20% down ($223,920 loan), with property tax, insurance, and HOA held constant at $616/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.

Short-term-rental revenue & cash flow

Illustrative gross short-term-rental revenue for 400 Herron Dr 309 at two example assumptions (illustrative inputs, not a market forecast for this property):

ScenarioNightly rateOccupancyGross / yr
Conservative$175/night50%$31,900
Stronger$275/night68%$68,300

Gross is nightly rate × 365 × occupancy. Net is materially lower after operating costs (management, cleaning, Metro occupancy tax, STR-grade insurance; commonly 30–40% of gross) and debt service of about $1,535/mo in principal and interest at 20% down. Turn on JavaScript to model your own assumptions (cash flow, cash-on-cash, DSCR, cap rate).

Nightly rate and occupancy above are illustrative example inputs, not a market forecast for this property. A non-owner-occupied short-term-rental permit is issued parcel by parcel by Metro Nashville and does not convey on sale. Estimate only; not financial or investment advice.

Short-term-rental outlook

How 400 Herron Dr 309 compares in Alloy

MetricThis AirbnbAlloy activeRecently sold
Price / sq ft$374$377 median-
Price position45th pctile-1% vs median-

This listing beside the active Alloy market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.

This listing beside the active Alloy market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

How this Airbnb compares in Alloy

At $374/sq ft, this Airbnb ranks in the 45th percentile of the 8 active Airbnbs in Alloy by price per square foot.

Computed by Grant Hammond from 8 Alloy comparables (Realtracs via IDX), as of October 25, 2026, refreshed weekly.

Competition & market pace

Active listings77 in Nashville 37210 condos
Recent absorptionabout 11.5 sales / mo
Months of inventory6.7 months, a buyer-favored market (ample supply)

Over the past 12 months, homes in Nashville 37210 condos sold at about 100% of list price.

Recorded sales in Nashville 37210 condos: 76 in the past 12 months.

Supply-side and recent-sale context for Nashville 37210 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37210 condos closings. Source Realtracs via IDX, as of October 13, 2026.

Location & neighborhood

400 Herron Dr 309 sits in Alloy, Nashville, Davidson County.

Alloy market snapshot

In Alloy, homes there are priced around $377 per square foot; inventory in Nashville 37210 condos is running at about 6.7 months, a buyer-favored market; recent sales in Nashville 37210 closed near 100% of list price; 21 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

Approximately 2.3 miles from downtown Nashville (straight-line distance).

Ask Grant about 400 Herron Dr 309

Get the full details, recent comparable sales, and any off-market options for 400 Herron Dr 309 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

Similar & nearby

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Listed with Onward 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.

Nashville real estate insights

Read: Nashville NOOSTR Permits Are Shrinking: 4,982 Active and Down 125 in a Year
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Nashville NOOSTR permits fell a net 125 in 12 months to 4,982 active on September 4, 2026. What the contraction means before you write an offer.

Read: Nashville 1031 Exchange on a Short-Term Rental: How the Timing Works
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A Nashville 1031 exchange on a short-term rental: the 45 and 180 day clocks, the three identification rules, and where sellers actually miss them.

Read: The Section 280A 14-Day Rule: What Nashville STR Owners Need to Know
The Section 280A 14-Day Rule: What Nashville STR Owners Need to Know

A Nashville STR broker breaks down the Section 280A 14-day rule and the separate personal-use test, and how using your own rental can quietly limit your deductions.

Read: Assets in Motion: Why Turnkey Airbnb Investment in Nashville Is the New Gold Standard
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A turnkey Airbnb investment in Nashville transfers as an operating business: professionally furnished, professionally managed, with verified income and forward bookings. Alora Nashville executes this model at the highest level, and 100% bonus depreciation under the One Big Beautiful Bill Act makes day-one placed-in-service status especially valuable for executive investors.

Popular searches in Nashville

Frequently asked questions about 400 Herron Dr 309

Is 400 Herron Dr 309, Nashville still for sale?

As of the latest update (September 24, 2026), 400 Herron Dr 309, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

What do the photos of 400 Herron Dr 309, Nashville show?

The listing photos show a condo with an open kitchen, dining area and living room in one space, with light-colored walls and dark wood-look floors. Features seen in the photos include open floor plan, kitchen island, white flat-front cabinets, glass tile backsplash, stainless steel appliances and sliding glass door. Described from the Realtracs listing photos.

How much does 400 Herron Dr 309, Nashville cost?

400 Herron Dr 309, Nashville is listed at $279,900, about $374 per square foot across 748 square feet.

How many bedrooms and bathrooms does 400 Herron Dr 309, Nashville have?

1 bedroom and 1 bathroom.

What is the price per square foot?

About $374 per square foot ($279,900 across 748 sqft).

When was 400 Herron Dr 309, Nashville built?

400 Herron Dr 309, Nashville was built in 2018.

Does 400 Herron Dr 309, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $221 per month, as listed.

What subdivision is 400 Herron Dr 309, Nashville in?

400 Herron Dr 309, Nashville is in the Alloy subdivision of Nashville.

What is the estimated monthly payment for 400 Herron Dr 309, Nashville?

About $2,151 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $1,535, estimated property tax $164, insurance $231, and HOA $221. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

Can you short-term rent 400 Herron Dr 309, Nashville?

400 Herron Dr 309, Nashville is marketed as a short-term-rental investment property. Non-owner-occupied STR permits are issued parcel by parcel by Metro Nashville, not by neighborhood; confirm current permit status before closing.

Does the STR permit transfer when 400 Herron Dr 309, Nashville is sold?

No. A Metro Nashville STR permit is tied to the property and the permit holder and does not automatically convey; a buyer applies for their own.

How do I schedule a tour of 400 Herron Dr 309, Nashville?

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.

How do I make an offer on 400 Herron Dr 309, Nashville?

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.

Are more photos and details available for 400 Herron Dr 309, Nashville?

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.

Who can tell me more about 400 Herron Dr 309, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 550+ Nashville short-term rental transactions. Use the tour or question form on this page.

How is 400 Herron Dr 309, Nashville priced compared to the market?

At about $374 per square foot, 400 Herron Dr 309, Nashville ranks in the 45th percentile of active Alloy listings by price per square foot; recent comparable sales in Alloy closed near $255 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37210 condos market favoring buyers or sellers?

The Nashville 37210 condos market is currently buyer-favored (ample supply), at about 6.7 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 13, 2026.

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