139 Laurel Ct · Hendersonville, TN 37075

$289,000

3 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 125 Days on market

Built 1971 0.31 ac lot $289/sqft · 15% below area Est $340k · 15% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.3/15.0
• Cash flow +9.6/30.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• DSCR +2.7/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

**Showing start Saturday 2/14/26 @ 10am** Location, location, location! Welcome to this beautifully updated, all-brick, one-level home in the heart of Hendersonville, Tennessee. Featuring 3 bedrooms and 1 full bath, this move-in-ready property is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity in a highly desirable area. Step inside to an open-concept floor plan with tasteful updates and stylish décor throughout. The home flows effortlessly from the living space into the kitchen and dining area, creating a warm and inviting atmosphere ideal for everyday living and entertaining. Outside, you’ll find a spacious, lighted fire pit area — perfect for relaxing evenings with family and friends — all tucked away in a quiet cul-de-sac setting. Homes this well-maintained and updated rarely hit the market in such a prime location. Conveniently situated just minutes from Vietnam Veterans Boulevard, you’ll enjoy quick access to The Streets of Indian Lake, local dining and shopping, and an easy commute to downtown Nashville. NO HOA!!!! Don’t miss this opportunity — schedule your showing today!

Key facts

• 0.31 acre lot
• Parking
• Built 1971

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $289k.

Deal economics

• At list price, monthly cash flow is $-197 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $254k (12.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (31.9% below list).
• Recommended offer: $197k (31.9% below list) — sets the bar for 1% rule.
• Cap rate 5.5% vs local median 2.7% in Hendersonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#56 in TN) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A; Watch: amenities F, commute F.
• Sumner County (suburban): math 44% / reading 39% proficiency, ranked #12 of 139 in TN (top 9%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 677 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,748 units permitted in Sumner County in 2024 (124 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Sumner County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 125 days — a 12% lower offer ($254k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $16k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major flood risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,874 (31.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.68% ✗
• Cap rate: 5.47%
• Cash-on-cash: -2.92%
• DSCR: 0.87
• GRM: 12.2

CMA / ARV

• ARV (median comp): $340,339
• List price: $289,000
• Delta: -15.08%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
258 Old Shackle Island Rd	0.45mi	3/1.0	1,000 (0%)	4mo	$250,000	$250	76
181 Timberlake Dr	0.24mi	3/2.0	1,066 (+7%)	7mo	$327,500	$307	68
532 Savely Dr N	0.61mi	3/1.0	975 (-2%)	3mo	$280,000	$287	65
109 Cheryl Dr	0.34mi	3/1.5	1,108 (+11%)	2mo	$370,000	$334	63
112 Mountainwood Dr	0.63mi	3/1.0	1,000 (0%)	10mo	$295,000	$295	63
102 Savely Ct	0.57mi	3/2.0	1,025 (+2%)	7mo	$299,900	$293	59
105 Oakwood Ct	0.57mi	3/1.5	1,080 (+8%)	6mo	$309,900	$287	54
185 Township Dr	0.60mi	3/2.0	1,134 (+13%)	1mo	$359,000	$317	45
108 Lucinda Ln	0.69mi	3/1.0	1,125 (+12%)	3mo	$340,000	$302	44
128 Hillside Dr	0.60mi	3/1.5	1,127 (+13%)	7mo	$307,000	$272	43
130 Colonial Dr	0.73mi	3/1.5	1,143 (+14%)	2mo	$290,000	$254	38
131 Southern Trce	0.75mi	3/2.0	1,139 (+14%)	2mo	$315,000	$277	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.95% rent growth · sell at horizon

5-year hold

• IRR: -23.2%
• Equity multiple: 0.22×
• Total profit: $-63,488
• Equity at exit: $43,091

10-year hold

• IRR: -23.5%
• Equity multiple: -0.08×
• Total profit: $-87,616
• Equity at exit: $24,987

Cash invested: $80,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Tennessee: 87 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

14-day notice (URLTA); generally landlord-favorable; Nashville court paced moderate.

Methodology + full state rankings →

ZIP-level market 37075

• Rents YoY: 0.9%
• Active inventory: 677
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $1,969 high
• Mortgage (P&I): −$1,516
• Tax from tax record: −$116 /mo · $1,398/yr
• Insurance: −$120
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $-197

Break-even live

Break-even rent $2,218

Max offer price $254,171

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $72,250
• Closing costs: $8,670
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
231 New Shackle Island Rd Hendersonville, TN	1.0–2.0	1.0–1.5	830	$1,639	$1.97	4d	6	0.08mi
212 New Shackle Island Rd Hendersonville, TN	3.0	1.5	1116	$2,013	$1.80	44d	1	0.09mi
122 Brookside Dr Hendersonville, TN	4.0	2.0	1275	$2,200	$1.73	44d	1	0.16mi
122 Brookside Dr Hendersonville, TN	4.0	2.0	1275	$2,200	$1.73	15d	1	0.16mi
350 Old Shackle Island Rd Hendersonville, TN	1.0–3.0	1.0	945	$1,599	$1.69	15d	7	0.55mi
103 Nauta Ct Hendersonville, TN	3.0	1.0	1144	$2,000	$1.75	44d	1	0.58mi
164 Hillside Dr Hendersonville, TN	3.0	1.5	1053	$1,975	$1.88	21d	1	0.63mi
109 Shady View Dr Hendersonville, TN	3.0	2.0	1161	$1,700	$1.46	24d	1	0.68mi
108 Ryan Dr Hendersonville, TN	3.0	1.5	1218	$1,990	$1.63	15d	1	0.68mi
183 Sumner Meadows Ln Hendersonville, TN	3.0	2.0	1209	$1,985	$1.64	15d	1	0.91mi
119 Sanders Ferry Rd Unit 7 Hendersonville, TN	2.0	1.0	1020	$1,585	$1.55	24d	1	1.07mi
100 Spade Leaf Blvd Hendersonville, TN	1.0–3.0	1.0–3.0	982	$1,760	$1.79	3d	14	1.36mi
289 Nokes Dr Unit A Hendersonville, TN	2.0	2.0	765	$1,850	$2.42	24d	1	1.40mi
1026 Andrews Run Hendersonville, TN	1.0–3.0	1.0–2.0	1077	$1,916	$1.78	2d	21	1.42mi

Listing history 35 events

1. 2026-06-18
   days on market $289,000 Active 125 DOM
2. 2026-06-17
   days on market $289,000 Active 124 DOM
3. 2026-06-16
   days on market $289,000 Active 123 DOM
4. 2026-06-15
   days on market $289,000 Active 122 DOM
5. 2026-06-13
   days on market $289,000 Active 120 DOM
6. 2026-06-13
   days on market $289,000 Active 119 DOM
7. 2026-06-09
   days on market $289,000 Active 116 DOM
8. 2026-06-08
   days on market $289,000 Active 115 DOM
9. 2026-06-07
   days on market $289,000 Active 114 DOM
10. 2026-06-05
    days on market $289,000 Active 111 DOM
11. 2026-06-03
    days on market $289,000 Active 110 DOM
12. 2026-06-02
    days on market $289,000 Active 109 DOM
13. 2026-06-01
    days on market $289,000 Active 108 DOM
14. 2026-05-31
    days on market $289,000 Active 107 DOM
15. 2026-05-15
    price $289,000 1181-char remark

    Show marketing remark (1181 chars)

    **Showing start Saturday 2/14/26 @ 10am** Location, location, location! Welcome to this beautifully updated, all-brick, one-level home in the heart of Hendersonville, Tennessee. Featuring 3 bedrooms and 1 full bath, this move-in-ready property is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity in a highly desirable area. Step inside to an open-concept floor plan with tasteful updates and stylish décor throughout. The home flows effortlessly from the living space into the kitchen and dining area, creating a warm and inviting atmosphere ideal for everyday living and entertaining. Outside, you’ll find a spacious, lighted fire pit area — perfect for relaxing evenings with family and friends — all tucked away in a quiet cul-de-sac setting. Homes this well-maintained and updated rarely hit the market in such a prime location. Conveniently situated just minutes from Vietnam Veterans Boulevard, you’ll enjoy quick access to The Streets of Indian Lake, local dining and shopping, and an easy commute to downtown Nashville. NO HOA!!!! Don’t miss this opportunity — schedule your showing today!

16. 2026-03-18
    price $299,000 1181-char remark

    Show marketing remark (1181 chars)

    **Showing start Saturday 2/14/26 @ 10am** Location, location, location! Welcome to this beautifully updated, all-brick, one-level home in the heart of Hendersonville, Tennessee. Featuring 3 bedrooms and 1 full bath, this move-in-ready property is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity in a highly desirable area. Step inside to an open-concept floor plan with tasteful updates and stylish décor throughout. The home flows effortlessly from the living space into the kitchen and dining area, creating a warm and inviting atmosphere ideal for everyday living and entertaining. Outside, you’ll find a spacious, lighted fire pit area — perfect for relaxing evenings with family and friends — all tucked away in a quiet cul-de-sac setting. Homes this well-maintained and updated rarely hit the market in such a prime location. Conveniently situated just minutes from Vietnam Veterans Boulevard, you’ll enjoy quick access to The Streets of Indian Lake, local dining and shopping, and an easy commute to downtown Nashville. NO HOA!!!! Don’t miss this opportunity — schedule your showing today!

17. 2026-02-14
    listed $305,000 Active 1181-char remark

    Show marketing remark (1181 chars)

    **Showing start Saturday 2/14/26 @ 10am** Location, location, location! Welcome to this beautifully updated, all-brick, one-level home in the heart of Hendersonville, Tennessee. Featuring 3 bedrooms and 1 full bath, this move-in-ready property is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity in a highly desirable area. Step inside to an open-concept floor plan with tasteful updates and stylish décor throughout. The home flows effortlessly from the living space into the kitchen and dining area, creating a warm and inviting atmosphere ideal for everyday living and entertaining. Outside, you’ll find a spacious, lighted fire pit area — perfect for relaxing evenings with family and friends — all tucked away in a quiet cul-de-sac setting. Homes this well-maintained and updated rarely hit the market in such a prime location. Conveniently situated just minutes from Vietnam Veterans Boulevard, you’ll enjoy quick access to The Streets of Indian Lake, local dining and shopping, and an easy commute to downtown Nashville. NO HOA!!!! Don’t miss this opportunity — schedule your showing today!

18. 2026-02-11
    historical $305,000 1181-char remark

    Show marketing remark (1181 chars)

    **Showing start Saturday 2/14/26 @ 10am** Location, location, location! Welcome to this beautifully updated, all-brick, one-level home in the heart of Hendersonville, Tennessee. Featuring 3 bedrooms and 1 full bath, this move-in-ready property is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity in a highly desirable area. Step inside to an open-concept floor plan with tasteful updates and stylish décor throughout. The home flows effortlessly from the living space into the kitchen and dining area, creating a warm and inviting atmosphere ideal for everyday living and entertaining. Outside, you’ll find a spacious, lighted fire pit area — perfect for relaxing evenings with family and friends — all tucked away in a quiet cul-de-sac setting. Homes this well-maintained and updated rarely hit the market in such a prime location. Conveniently situated just minutes from Vietnam Veterans Boulevard, you’ll enjoy quick access to The Streets of Indian Lake, local dining and shopping, and an easy commute to downtown Nashville. NO HOA!!!! Don’t miss this opportunity — schedule your showing today!

19. 2025-08-15
    historical
20. 2025-07-30
    price $290,000
21. 2025-07-21
    price $295,000
22. 2025-06-26
    price $299,900
23. 2025-04-13
    listed $310,000 Active
24. 2025-04-04
    historical
25. 2023-02-23
    soldstatus $264,900
26. 2023-02-21
    soldstatus $265,000 Closed
27. 2023-01-25
    historical Active Under Contract
28. 2023-01-24
    status Active
29. 2022-12-29
    historical Active Under Contract
30. 2022-12-29
    historical
31. 2022-12-29
    listed $264,900 Active
32. 2022-11-22
    price $274,900
33. 2022-11-09
    price $275,000
34. 2022-11-01
    price $284,900
35. 2022-10-21
    listed $285,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TN · Resets to sale price

• Current annual tax: $1,398 · $116/mo
• Projected year-2 tax: $2,052 · $171/mo
• Expected delta: +$654/yr (+$54/mo · 46.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,625
• − Mortgage interest: −$16,188
• − Property taxes: −$1,398
• − Insurance: −$1,445
• − Repairs & maintenance: −$1,890
• − Management: −$1,890
• − Depreciation: −$8,407
• Taxable loss: −$7,594
• Est. tax savings @ 24.0%: +$1,823
• After-tax cash flow: $-543/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Sumner County
• NCES district ID: 4704020
• Math proficiency: 44% ▼ -11.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $56,998
• Composite: 36.44/100
• National rank: #4667
• State rank: #12 of 139 in TN

Livability — Hendersonville

• Score: 70/100
• State rank: #56
• US rank: #7730

Category grades

Amenities F Commute F Cost of living B Crime A+ Employment A- Housing A+ Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hendersonville, TN
• County: Sumner County · 196,654 people
• City population: 73,522
• Metro: Nashville-Davidson--Murfreesboro--Franklin, TN
• Population (ZIP): 73,522
• Household income: $101,850
• Rent vs Own: 26.5% rent · 73.5% own
• Severe rent burden: 1258.0

Population outlook (Sumner County) Hauer SSP2

• Today (2025): 208,284 people
• By 2030: 223,902 · +7.5%
• By 2040: 253,892 · +21.9%
• By 2050: 281,199 · +35.0%
• By 2075: 344,866 · +65.6%
• By 2100: 384,369 · +84.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Hispanic / Latino 6% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Italian 4% Slovak 3% Serbian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Sumner

• 2024 margin: Solid R (+41.8) · D 28.5% · R 70.3% · Other 1.1%
• 2008→2024 swing: -6.9pp toward R · 2008: -34.9pp · 2024: -41.8pp
• All cycles: 2024: R+41.8 2020: R+38.6 2016: R+45.0 2012: R+42.0 2008: R+34.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -251.80%
• Current HPI: 289.6615
• Rent YoY: ▲ 0.95%
• Metro: Nashville-Davidson--Murfreesboro--Franklin, TN
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

Industry mix (Fortune 500 HQ in TN)

Industry	F500 HQs	Revenue
▸Healthcare	3	$91B
▸Retail	3	$72B
▸Transportation / Logistics	1	$88B
▸Paper / Packaging	1	$19B
▸Insurance	1	$13B
▸Energy	1	$12B

Price history

+1.4% since first listed

21 events — show timeline

• 2026-05-15 Price Changed $289,000 REALTRACS as Distributed by MLS Grid
• 2026-03-18 Price Changed $299,000 REALTRACS as Distributed by MLS Grid
• 2026-02-14 Listed $305,000 REALTRACS as Distributed by MLS Grid
• 2026-02-11 Coming Soon $305,000 REALTRACS as Distributed by MLS Grid
• 2025-08-15 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2025-07-30 Price Changed $290,000 REALTRACS as Distributed by MLS Grid
• 2025-07-21 Price Changed $295,000 REALTRACS as Distributed by MLS Grid
• 2025-06-26 Price Changed $299,900 REALTRACS as Distributed by MLS Grid
• 2025-04-13 Listed $310,000 REALTRACS as Distributed by MLS Grid
• 2025-04-04 Coming Soon — REALTRACS as Distributed by MLS Grid
• 2023-02-23 Sold (Public Records) $264,900 Public Records
• 2023-02-21 Sold (MLS) $265,000 REALTRACS as Distributed by MLS Grid
• 2023-01-25 Contingent — REALTRACS as Distributed by MLS Grid
• 2023-01-24 Relisted — REALTRACS as Distributed by MLS Grid
• 2022-12-29 Contingent — REALTRACS as Distributed by MLS Grid
• 2022-12-29 Listing Removed — REALTRACS as Distributed by MLS Grid
• 2022-12-29 Listed $264,900 REALTRACS as Distributed by MLS Grid
• 2022-11-22 Price Changed $274,900 REALTRACS as Distributed by MLS Grid
• 2022-11-09 Price Changed $275,000 REALTRACS as Distributed by MLS Grid
• 2022-11-01 Price Changed $284,900 REALTRACS as Distributed by MLS Grid
• 2022-10-21 Listed $285,000 REALTRACS as Distributed by MLS Grid

Property tax history

+5.3%/yr

Latest (2025): $1,398 · +0.0% YoY. Source: county tax records.