Discover an exceptional development opportunity in the heart of one of the fastest-growing areas near Nashville. This fully approved 44-unit Specific Plan (SP) offers a mix of 38 detached and 6 attached homes, all thoughtfully designed with rear-loaded 2-car garages. Strategically located less than one mile from I-40, this site provides unmatched convenience to both Hermitage and Mt. Juliet, two thriving communities known for their vibrant growth, amenities, and proximity to Nashville’s downtown core. Situated just minutes from shopping, dining, and entertainment options, this property is ideally located for both builders and investors. Residents will enjoy easy access to local favorites like Percy Priest Lake for outdoor recreation, The Hermitage Golf Course, and top-tier retail hubs such as Providence Marketplace in Mt. Juliet. The property is also just a short drive from Nashville International Airport, making it perfect for those seeking a blend of suburban comfort and metropolitan connectivity. Directly across from this property, a new 400+ unit single-family neighborhood is currently under construction, signaling strong demand and a promising investment landscape. Whether you’re considering this project as a build-to-rent community or as a build-and-sell development, the numbers make sense, and the potential for return on investment is substantial. Links to the Specific Plan (SP) documents and other project details are available in the attached files for your review. Don’t miss this rare chance to create a thriving residential community in one of the region’s most desirable areas. Contact us today for more information!
Property Details
Property Features
Listing Office:
Office Name: Compass RE
Office Phone: (646) 436-9452
Listing Agent: Brandon C. Knox
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 3.80 Acres
Other
Directions Information:
Directions: From TriStar Summit Medical Center, head southwest and turn left. Take an immediate right, then a slight left toward Central Pike. Turn left onto Central Pike. Turn left onto Tulip Grove Road; the destination will be on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,750,000
Tax Information:
Annual Amount: $3,193
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hermitage, TN.
This property is $1.3M more than the Median Sold Price in Hermitage, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2776543
Listing Office:
Office Name: Compass RE
Office Phone: (646) 436-9452
Listing Agent: Brandon C. Knox
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/10/2025, 11:48:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 16, 2019
Aug 16, 2019Home Sold
$272,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,193
$84,300
2019
$623
$22,625
2018
$623
$22,625
2017
$602
$22,625
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,802
Per Month
Principal & Interest
$8,735
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,313
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Dodson Elementary School
4401 Chandler Rd
Distance between this listing and this school1.03 miles
Public District Grades PK-4
4
/10
Tulip Grove Elementary School
441 Tyler Dr
Distance between this listing and this school1.70 miles
Public District Grades PK-4
5
/10
Ruby Major Elementary School
5141 John Hager Rd
Distance between this listing and this school1.72 miles
Public District Grades PK-4
Nearby Schools
2
/10
DuPont Tyler Middle School
431 Tyler Dr
Distance between this listing and this school1.78 miles
Public District Grades 5-8
5
/10
Strive Collegiate Academy
3055 Lebanon Pike Ste 300
Distance between this listing and this school2.71 miles
Public Charter Grades 5-8
3
/10
Donelson Middle School
110 Stewarts Ferry Pike
Distance between this listing and this school3.51 miles
Public District Grades 5-8
Nearby Schools
3
/10
McGavock High School
3150 McGavock Pike
Distance between this listing and this school4.71 miles
Public District Grades 9-12
2
/10
The Academy at Opry Mills
433 Opry Mills Dr
Distance between this listing and this school5.71 miles
Public District Grades 12-12
8
/10
Mt. Juliet High School
1875 Golden Bear Gtwy
Distance between this listing and this school6.27 miles
The neighbors living near this home have an average income of $32,298. Most Hermitage, TN residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1160 Tulip Grove Rd
What is the listing price of this property?
The listing price of 1160 Tulip Grove Rd property is $1,750,000.
What type of property is this?
The property 1160 Tulip Grove Rd is land located in Hermitage, Tennessee, 37076.
Is this property for sale now?
Active Listing: 1160 Tulip Grove Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,193 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 16, 2019 for $272,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1160 Tulip Grove Rd in Hermitage, TN and zip code 37076 in the Donelson / Hermitage neighborhood. This home sits on a 3.80 acre lot. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $1,750,000.
In December 2024, from all listings sold in Hermitage, TN there were more than 4 sold above asking price, over 35 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Hermitage, TN between November 2024 and December 2024 decreased by 4.4%. While the average time on the market in December 2024 was 32 days, the median list price was $430,150.
From Rocket Homes Real Estate and based on county public records data.