Prime investment opportunity in the heart of Murfreesboro! Located at 307 N Hembree St, this buildable lot is approved for a single-family home with a shared access easement with the adjoining lot. City-approved utility and sewer plans are in place, creating a strong opportunity for buyers, builders, or investors to move forward with the next steps in the development process. Enjoy a convenient location near MTSU, Downtown Murfreesboro, local dining, shopping, schools, and quick access to I-24 and 840. Whether your vision is a future residence, rental property, or long-term investment hold, t
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current listings without a reported bedroom count in Murfreesboro. Its asking price falls near the 16th percentile of that active group. The comparison uses 211 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 10 days, while the current cohort averages 47 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $391,205, and the median is $216 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 502 Highland Ter | Jul 27, 2026 | — | $180,000 | 0.3 mi |
| 805 N Highland Ave | Jul 6, 2026 | 3 bd · 1,465 sqft | $435,900 | 0.4 mi |
| 218 Eventide Dr | Jul 10, 2026 | 3 bd · 2,076 sqft | $400,000 | 0.4 mi |
| 209 Kingwood Dr | Jun 1, 2026 | 4 bd · 1,969 sqft | $382,410 | 0.5 mi |
| 707 N Highland Ave, N | Jul 13, 2026 | 2 bd · 1,020 sqft | $295,000 | 0.5 mi |
| 418 Lynn St | May 29, 2026 | 2 bd · 982 sqft | $295,000 | 0.5 mi |
| 534 N Maney Ave | Jul 3, 2026 | 4 bd · 2,677 sqft | $480,000 | 0.5 mi |
| 306 Grandview Dr | Jul 20, 2026 | 4 bd · 1,964 sqft | $425,000 | 0.5 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Murfreesboro homes for sale · See the Murfreesboro market report