$9,494 Closing Credit¹
#2885310, Tracie L. Lackey, Listing office: RE/MAX Choice Properties
#2921956·
Listing office: simpliHOM·
Listing agent: Jessica A. Sullivan·
Listing office phone: 8558569466
$749,990 List price
511 Derby Downs Lebanon, TN 37087
$8,906
Closing credit¹
4 beds
4 full, 1 partial
3,730 sqft
0.6 acres
$201 / sqft
House
Property details
About 511 Derby Downs
Live in harmony with nature! This stunning 4-bedroom, 4.5-bath residence, impeccably maintained and loved by its owners is located in the desirable Iroquois custom home subdivision. Enjoy walks or bike rides right out your door with miles of private streets lined with mature trees, This elegant residence offers privacy, seclusion, exceptional craftsmanship, and modern luxury, but is just minutes from Publix, Kroger, Costco, restaurants or Starbucks. With easy access to Hwy 109 and I-40, commutes to the airport or downtown Nashville are effortless. Getting out of town for the weekend is also easy with near access to the I-840 southern loop leading to I-24, I-65 and I-40. Enjoy coffee or favorite afternoon beverage while watching a parade of deer, fox, bunnies and birds from inside gathering areas, or outside on the deck. This all-brick home with stone accents offers timeless curb appeal and exceptional craftsmanship throughout. A new roof was installed in 2024, and new HVAC and stainless kitchen appliances in 2018! New washer and dryer in 2025. Step inside to discover rich, finished oak hardwood floors that flow seamlessly across the entire main level, and flooded with morning light through floor length eastern exposure windows, Gourmet kitchen, inviting living areas, and generously sized bedrooms—Jack and Jill bath for added comfort and convenience. The 440 sq ft bonus room has the space to host a generous home theater, family game room or even golf simulator with an adjoining full bath and closet. The first floor with walk out private deck expands the living space, and is perfect for office suites, a home gym, media room, or guest/family suit. The oversized driveway leads to a spacious 3-car garage, offering parking and storage for all your family’s vehicles. An extended 40’ slab has a 50 amp plug in for staging your RV or hosting your friends and family visiting with one. From top to bottom, this home radiates quality and care—ready for its next owners!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size3,730 sqft
BasementYes
Lot size0.55 Acres
Year built2006
ParkingGarage Door Opener, Garage Faces Side, Aggregate
MLS #2921956
Garage3 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Electric Oven, Gas Range, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Smart Appliance(s)
- Basement: Yes
- Flooring Type: Carpet, Wood, Tile, Vinyl
- Interior: Built-in Features, Ceiling Fan(s), Entrance Foyer, Extra Closets, High Ceilings, Open Floorplan, Smart Thermostat, Storage, Walk-In Closet(s), Primary Bedroom Main Floor
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Garage Door Opener, Garage Faces Side, Aggregate
- Exterior: Balcony, Smart Lock(s)
- Architectural Style: Traditional
- Heating: Central, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $749,990
- Price/SqFt: $201
- Annual Tax Amount: $4,828
- Tax Year: 2023
- Lot: Cul-De-Sac, Private
- Directions: From Nashville, I40E, exit Hwy. 109 (Gallatin/Lebanon Exit), R onto Hwy. 70, R onto Lexington Dr. into Richmond Hills Subdivision, R on Letcher, R on New Market, R on Derby Downs, home in cul-de-sac - sign in yard
- Year Built: 2006
- Living Area: 3,730 SqFt
- Lot Size: 0.55 Acres
- MLS Number: 2921956
- MLS Name: REALTRAC
- Office Name: simpliHOM
- Office Phone: (855) 856-9466
- Office Email: staceygraves65@gmail.com
- Listing Agent: Jessica A. Sullivan
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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
© 2025 of the REALTRACS MLS. All rights Reserved.
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.
Based on information submitted to the MLS GRID as of date and time noted below. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:33:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,990
511 Derby Downs
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 24, 2007 | Home Sold | $395,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $166,975 | $4,828 |
| 2022 | $166,975 | $4,828 |
| 2021 | $166,975 | $4,828 |
| 2020 | $166,975 | $4,280 |
| 2019 | $113,875 | $4,280 |
| 2018 | $113,875 | $3,996 |
| 2017 | $113,875 | $3,996 |
History based on county public records data.
Nearby schools
4
Byars Dowdy Elementary School
Public District PK-5
3.2 mi
•904 Hickory Ridge Rd
5
Castle Heights Elementary School
Public District PK-5
4.2 mi
•1007 N Castle Heights Ave
5
Coles Ferry Elementary School
Public District PK-5
4.3 mi
•511 Coles Ferry Pike
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,293. Typical income of Lebanon, TN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
39%
35k-100k
32%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
18%
Single, No Kids
4%
Single, with Kids
49%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lebanon, TN
Transportation in Lebanon includes a combination of private and public transit options, with a focus on convenience and accessibility. The city's layout and infrastructure support a range of commuting preferences, from driving to cycling, with certain areas being particularly pedestrian-friendly. The road network facilitates easy travel to and from the city, with ongoing improvements aimed at enhancing the efficiency of local transport.
Lebanon provides a range of essential services to its residents, including a solid educational system with multiple public and private schools catering to different educational needs. The city is served by healthcare facilities that offer a variety of services, from primary care to specialized treatments. Retail and dining options are abundant, reflecting the local culture and providing residents with a taste of Lebanon's hospitality.
Lebanon prides itself on a warm, community-oriented atmosphere, with a rich history that is celebrated through local events and festivals. The city's character is further defined by its scenic parks and historic sites, which contribute to the area's charm and appeal to residents and visitors alike.
The housing landscape in Lebanon, Tennessee, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area reflect a blend of traditional and contemporary designs, with a noticeable presence of brick and stone facades. The market is diverse, offering options for various preferences and budgets.
About 511 Derby Downs
The listing price of 511 Derby Downs property is $749,990.
The property 511 Derby Downs is a house located in Lebanon, Tennessee, 37087.
Active Listing: 511 Derby Downs is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 511 Derby Downs are: Byars Dowdy Elementary School (GreatSchools Rating 4/10), Castle Heights Elementary School (GreatSchools Rating 5/10), Coles Ferry Elementary School (GreatSchools Rating 5/10), Winfree Bryant Middle School (GreatSchools Rating 5/10), Walter J. Baird Middle School (GreatSchools Rating 5/10), Southside Elementary School (GreatSchools Rating 6/10), Lebanon High School (GreatSchools Rating 7/10), Barry Tatum Academy (GreatSchools Rating 8/10), Wilson Central High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $4,828 (source: MLS/based on county public records data).
The last sale was on May 24, 2007 for $395,000 (source: MLS/tax record).
The property at 511 Derby Downs has 4 bedrooms and 4 full and 1 half bathrooms.
The property 511 Derby Downs is 3,730 SqFt (source: MLS/tax record).
The year of construction for 511 Derby Downs is 2006.
This home is located at 511 Derby Downs in Lebanon, TN and zip code 37087. This 3,730 square foot home, which was built in 2006, sits on a 0.55 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $749,990.
Over 21 listings were sold over their listed price in May 2025 in Lebanon, TN. In the same period over 50 listings were sold below the listed price and 52 listings were sold for the listed price. The number of listings in Lebanon, TN increased by 4% between April and May 2025. While the average time on the market in May 2025 was 26 days, the median list price was $410,495.
From Rocket Homes Real Estate and based on county public records data.