550 Lockwood Dr, Nashville, TN 37214
550 Lockwood Dr, Nashville, TN 37214, Conditional at $330,000 ($357/sq ft). 2 bd · 1 ba · 925 sqft · $357/sqft.
550 Lockwood Dr, Nashville, TN 37214, Conditional at $330,000 ($357/sq ft). 2 bd · 1 ba · 925 sqft · $357/sqft.
The front of the home shows white brick walls, a gabled entry and a wide front lawn.
Conditional · $330,000
MLS #3614471 · listed October 4, 2026 · 14 days on market · updated October 18, 2026
2-bed, 1-bath home at 550 Lockwood Dr in Larkwood, Nashville, 925 sqft, $330,000 ($357/sqft), by Stormberg Group at Compass.
550 Lockwood Dr is a 2-bedroom, 1-bath home in Nashville, TN 37214, offered at $330,000, about $357/sq ft across 925 sq ft.
At $357/sq ft, this home is about 45% above the Nashville 37214 median list price per square foot of $247.
Recently sold in Nashville 37214: 245 comparable homes from $235,000 to $445,000, a median of $269/sq ft; this listing at $357/sq ft is about 33% above recent sold prices.
Market read: the Nashville 37214 homes market is balanced as of October 14, 2026, at about 3.7 months of inventory; recent sales have closed near 99.1% of list in the 12 months to October 19, 2026.
All-in, about $2,274/mo at 20% down (7.37% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $452/mo, roughly 20% of the all-in monthly payment.
At the current 7.37% 30-year rate, principal and interest on this home runs about $1,822/mo; at the 6.63% rate of about three months ago it would be roughly $1,691/mo, so monthly P&I is about $131 higher now.
School zone: assigned to McGavock 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 550 Lockwood Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 18, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Completely remodeled and thoughtfully redesigned, this turn-key home offers an extensive list of updates with an emphasis on both beautiful finishes and everyday functionality. Situated on a corner lot with no HOA, the home has been renovated from top to bottom, including a new roof, HVAC system and ductwork, tankless water heater, windows, gutters and downspouts, electrical panel and outlets, exterior paint, landscaping, vapor barrier and insulation beneath the home. Inside, the remodel continues with new kitchen cabinets, countertops and appliances, updated light fixtures, all new flooring, new bathroom and plumbing fixtures, fresh interior paint and trim, and custom closets with built-in shelving. Storage was intentionally added throughout the home to make the space as functional as it is attractive. The result is a cohesive, move-in-ready home where the major systems, finishes and details have all been thoughtfully addressed. The corner-lot setting and lack of HOA provide additional flexibility. Conveniently located in Nashville with easy access to Nashville International Airport, I-40 and major roadways, the home is also close to shopping, restaurants and everyday conveniences. Opry Mills, the Opryland area and numerous dining and entertainment options are nearby, while downtown Nashville remains an easy drive. Whether you're purchasing your first home, looking for a comfortable place to downsize, seeking a low-maintenance move-in-ready property, or considering an investment, this home offers flexibility for a variety of buyers. An extensive remodel, thoughtful use of space and convenient location make this a special opportunity.
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a single-story home with white brick exterior walls, a board-and-batten gable over the entry and a shingled roof. The house sits on a cleared, level corner lot in Nashville with a grass front yard, a paved driveway and a wood privacy fence along one side. Large front windows, a brown entry door with black metal railings and mulched planting beds frame the front entrance.
Seen in the photos: white brick exterior, board-and-batten gable, corner lot, paved driveway, wood privacy fence, large front windows, brown entry door, metal entry railings.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 550 Lockwood Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $330,000 |
Listed October 4, 2026, this listing was on the market 14 days before it went under contract. It has been under contract since October 18, 2026.
Estimated monthly ownership for 550 Lockwood Dr at $330,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $330,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 550 Lockwood Dr is about $2,274/mo, 20% down on a 30-year fixed at 7.37% (a conforming loan), including principal & interest $1,822, estimated property tax $191, homeowners insurance $261. Estimate only; not a loan offer.
| Principal & interest | $1,822/mo |
|---|---|
| Property tax (est.) | $191/mo |
| Homeowners insurance (est.) | $261/mo |
| Estimated total | $2,274/mo |
Assumes 20% down, 30-year fixed at 7.37% (Mortgage News Daily, as of October 16, 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 |
|---|---|---|---|
| 6.37% | $1,646/mo | $2,098/mo | -$176/mo |
| 6.87% | $1,733/mo | $2,185/mo | -$89/mo |
| 7.37% | $1,822/mo | $2,274/mo | current |
| 7.87% | $1,913/mo | $2,365/mo | +$91/mo |
| 8.37% | $2,006/mo | $2,458/mo | +$184/mo |
Principal & interest on a 30-year fixed at 20% down ($264,000 loan), with property tax, insurance held constant at $452/mo. Current 30-year fixed 7.37% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 550 Lockwood Dr runs about $2,274/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 | Nashville 37214 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $357 | $244 median | - |
| Price position | 90th pctile | +46% vs median | - |
| Nashville 37214 vs greater Nashville | - | -27% | - |
This listing beside the active Nashville 37214 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 31, 2026.
This listing beside the active Nashville 37214 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
At $357/sq ft, this home ranks in the 90th percentile of the 215 active homes in Nashville 37214 by price per square foot.
Nashville 37214 trades about 27% below greater Nashville on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Nashville 37214.
Computed by Grant Hammond from 215 Nashville 37214 comparables (Realtracs via IDX), as of October 31, 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 | 124 in Nashville 37214 homes |
|---|---|
| Recent absorption | about 33.5 sales / mo |
| Months of inventory | 3.7 months, a balanced market |
Over the past 12 months, homes in Nashville 37214 homes sold at about 99.1% of list price.
Recorded sales in Nashville 37214 homes: 556 in the past 12 months.
Supply-side and recent-sale context for Nashville 37214 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37214 homes closings. Source Realtracs via IDX, as of October 14, 2026.
550 Lockwood Dr sits in Larkwood, Nashville, Davidson County.
In Nashville 37214, homes there are priced around $247 per square foot; inventory in Nashville 37214 homes is running at about 3.7 months, a balanced market; recent sales closed near 99.1% of list price; 245 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
Approximately 6.2 miles from downtown Nashville (straight-line distance).
550 Lockwood Dr is zoned for McGavock 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 550 Lockwood Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 550 Lockwood Dr, by price and size.
Listed with Stormberg Group at Compass. 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 18, 2026), 550 Lockwood Dr, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
550 Lockwood Dr was listed on October 4, 2026 and went under contract on October 18, 2026, after 14 days on the market, per Realtracs.
No. The asking price has been $330,000 since it was listed on October 4, 2026.
The listing photos show a single-story home with white brick exterior walls, a board-and-batten gable over the entry and a shingled roof. Features seen in the photos include white brick exterior, board-and-batten gable, corner lot, paved driveway, wood privacy fence and large front windows. Described from the Realtracs listing photos.
550 Lockwood Dr, Nashville is listed at $330,000, about $357 per square foot across 925 square feet.
2 bedrooms and 1 bathroom.
About $357 per square foot ($330,000 across 925 sqft).
550 Lockwood Dr, Nashville was built in 1962.
No garage is reported in the listing.
No HOA dues are reported for this home.
550 Lockwood Dr, Nashville is in the Larkwood subdivision of Nashville.
About $2,274 a month with 20% down on a 30-year fixed at 7.37%, principal and interest $1,822, estimated property tax $191, insurance $261. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
550 Lockwood Dr, Nashville is zoned for McGavock Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 550 Lockwood Dr, 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, 550 Lockwood Dr, Nashville ranks in the 90th percentile of active Nashville 37214 listings by price per square foot, roughly 45% above the Nashville 37214 median; recent comparable sales in Nashville 37214 closed near $269 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37214 homes market is currently balanced, at about 3.7 months of inventory; recent sales have closed near 99.1% of list price over the past year, per Realtracs as of October 14, 2026.
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