933 Watercourse Court, Nashville, TN 37214
933 Watercourse Court, Nashville, TN 37214, Active at $549,990 ($225/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,442 sqft · $225/sqft.
933 Watercourse Court, Nashville, TN 37214, Active at $549,990 ($225/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,442 sqft · $225/sqft.
Front exterior of the two-story home with a covered porch and attached two-car garage.
Active · $549,990
MLS #3601648 · listed September 1, 2026 · 51 days on market · updated October 20, 2026
3-bed, 2.5-bath home at 933 Watercourse Court in Pennington Mills, Nashville, 2,442 sqft, $549,990 ($225/sqft), by M/I HOMES OF NASHVILLE LLC.
933 Watercourse Court is a 3-bedroom, 2.5-bath home in Nashville, TN 37214, offered at $549,990, about $225/sq ft across 2,442 sq ft.
At $225/sq ft, this home is about 4% below the Pennington Mills median list price per square foot of $235.
Recently sold in Pennington Mills: 38 comparable homes from $480,990 to $629,750, a median of $232/sq ft; this listing at $225/sq ft is about 3% below recent sold prices.
Market read: the Pennington Mills market is seller-favored as of October 18, 2026, at about 1.9 months of inventory; recent sales have closed near 100% of list in the 12 months to October 22, 2026.
All-in, about $3,784/mo at 20% down (7.40% 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 7.40% 30-year rate, principal and interest on this home runs about $3,046/mo; at the 6.77% rate of about three months ago it would be roughly $2,860/mo, so monthly P&I is about $186 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 933 Watercourse Court (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 20, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Price Improvement + Special Financing Available - No cost!! If you've been searching for a home that gives you room to breathe without sacrificing convenience, welcome to the Arcadia at Pennington Mills, affectionately known as the "suburbs in the city." Situated on one of the community's spacious homesites, this thoughtfully designed home offers the kind of backyard potential that's hard to find in Nashville. Whether you envision a future pool, outdoor kitchen, firepit, play area, garden, or simply extra room for pets and entertaining, you'll have the space to create the backyard retreat you've always wanted. An oversized covered patio extends your living space outdoors, making it the perfect setting for morning coffee, weekend barbecues, or relaxing evenings with friends and family. Inside, the heart of the home is a generously sized living room that effortlessly accommodates everything from game days and movie nights to holiday gatherings. The open-concept design flows seamlessly into a beautifully appointed kitchen featuring quartz countertops, modern finishes, and abundant workspace. Need a dedicated work-from-home space? The private first-floor office offers the flexibility today's buyers demand, serving as a home office, study, reading retreat, hobby room, or quiet sanctuary away from the main living areas. Upstairs, you'll find oversized secondary bedrooms with ample closet space, giving everyone room to spread out, stay organized, and feel at home. Storage is thoughtfully incorporated throughout the floorplan, helping keep everyday life clutter-free. Nestled within scenic Pennington Mills, residents enjoy a unique setting along the Nashville Greenway with walking trails, wooded views, a playground, and direct access to outdoor recreation. Yet you're only minutes from downtown Nashville, BNA Airport, shopping, dining, and entertainment. It's all the convenience of city living without the premium price tag often associated with East Nashville. Welcome Home!
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a two-story home with beige board-and-batten siding, a covered front porch and a two-car garage in Nashville. Interior rooms have white walls and light wood-look flooring, with a staircase featuring dark railings in the entry and a dining area lit by a black pendant light. Windows bring natural light into the foyer, a flex room and the dining area.
Seen in the photos: covered front porch, two-car garage, board-and-batten siding, wood-look flooring, staircase with dark railing, recessed lighting, black pendant light, arched wall mirrors.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 933 Watercourse Court (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $574,990 | n/a | |
| Price reduced | $564,990 | -2% | |
| Price reduced | $549,990 | -3% |
933 Watercourse Court has 3 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Price change | $549,990 | Realtracs MLS #3601648 | |
| Price change | $564,990 | Realtracs MLS #3601648 | |
| List price | $574,990 | Realtracs MLS #3601648 | |
| Listing removed | n/a | Realtracs MLS #3265729 | |
| by | Price change | $594,990 | Realtracs MLS #3265729 |
| Listed for sale | n/a | Realtracs MLS #3601648 | |
| Listing removed | n/a | Realtracs MLS #3184986 | |
| Listed for sale | n/a | Realtracs MLS #3265729 | |
| List price | $599,990 | Realtracs MLS #3265729 | |
| by | Price change | $599,990 | Realtracs MLS #3184986 |
| Listed for sale | $591,617 | Realtracs MLS #3184986 |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.
Estimated monthly ownership for 933 Watercourse Court 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 933 Watercourse Court is about $3,784/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $3,046, estimated property tax $319, homeowners insurance $339, and HOA dues $80. Estimate only; not a loan offer.
| Principal & interest | $3,046/mo |
|---|---|
| Property tax (est.) | $319/mo |
| Homeowners insurance (est.) | $339/mo |
| HOA dues | $80/mo |
| Estimated total | $3,784/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% | $2,752/mo | $3,490/mo | -$294/mo |
| 6.90% | $2,898/mo | $3,636/mo | -$148/mo |
| 7.40% | $3,046/mo | $3,784/mo | current |
| 7.90% | $3,198/mo | $3,936/mo | +$152/mo |
| 8.40% | $3,352/mo | $4,090/mo | +$306/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 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 933 Watercourse Court runs about $3,784/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 | $225 | $235 median | $232 median |
| Price position | 28th pctile | -4% vs median | ~100% of list |
| Recent closings | - | - | 38 sales |
This listing beside the active Pennington Mills market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.
At $225/sq ft, this home ranks in the 28th percentile of the 8 active homes in Pennington Mills by price per square foot.
Computed by Grant Hammond from 8 Pennington Mills comparables (Realtracs via IDX), as of October 22, 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 2.6 sales / mo |
| Months of inventory | 1.9 months, a seller-favored market (tight supply) |
Over the past 12 months, homes in Pennington Mills sold at about 100% of list price.
Recorded sales in Pennington Mills: 38 in the past 12 months.
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 October 18, 2026.
933 Watercourse Court sits in Pennington Mills, Nashville, Davidson County.
In Pennington Mills, homes there are priced around $235 per square foot; inventory is running at about 1.9 months, a seller-favored market; recent sales closed near 100% of list price; 38 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.
Approximately 6.6 miles from downtown Nashville (straight-line distance).
933 Watercourse Court 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 933 Watercourse Court - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 933 Watercourse Court, 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.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (October 20, 2026), 933 Watercourse Court, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
The listing photos show a two-story home with beige board-and-batten siding, a covered front porch and a two-car garage in Nashville. Features seen in the photos include covered front porch, two-car garage, board-and-batten siding, wood-look flooring, staircase with dark railing and recessed lighting. Described from the Realtracs listing photos.
933 Watercourse Court, Nashville is listed at $549,990, about $225 per square foot across 2,442 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $225 per square foot ($549,990 across 2,442 sqft).
933 Watercourse Court, Nashville was built in 2025.
Yes, 2 garage spaces, per the listing.
HOA dues are $80 per month, as listed.
933 Watercourse Court, Nashville is in the Pennington Mills subdivision of Nashville.
About $3,784 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $3,046, 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.
933 Watercourse Court, 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, 933 Watercourse Court, 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 $225 per square foot, 933 Watercourse Court, Nashville ranks in the 28th percentile of active Pennington Mills listings by price per square foot, roughly 4% below the Pennington Mills median; recent comparable sales in Pennington Mills closed near $232 per square foot. 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 1.9 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 18, 2026.
Thinking of selling in Pennington Mills?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.