The Liberty Lane Collective at 244 and 252 Liberty Lane presents a rare opportunity to acquire a fully entitled 3.18-acre residential development in the heart of one of Middle Tennessee's fastest-growing corridors. Approved for 51 residential units, this shovel-ready Specific Plan (SP) development is strategically positioned just minutes from the transformative $450 million Rivergate Mall Master Planned Community and surrounded by multiple large-scale redevelopment projects that are reshaping Madison's future.The approved plan includes 37 townhomes and 7 attached duplex buildings (51 total units), offering the flexibility to pursue build-to-rent, for-sale, or short-term rental investment strategies. Designed with today's residents in mind, the community features a dedicated clubhouse complete with co-working spaces, fitness center, and gathering areas to create a true neighborhood atmosphere. Infrastructure advantages include public utilities already serving the property, 109 approved on-site parking spaces, and the preservation of a historic dry-stack stone wall that adds unique character to the development. Located less than 15 miles from Downtown Nashville, this site offers convenient access to major employment centers while benefiting from the tremendous public and private investment transforming the Rivergate and Madison area. With entitlements already in place, The Collective allows developers to bypass the lengthy zoning process and move directly toward construction in one of the region's most promising growth corridors. Opportunities to acquire a development-ready project of this scale in such a high-growth location are becoming increasingly scarce.
Active
Price cut: $50K (9/23)
$2,300,000
244 Liberty Ln, Madison, TN 37115
--beds
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Multi Family
Built in 2026
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$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 80 days
- 60
- 1
Zillow last checked:
Listing updated:
Listed by:
Steve Frye 615-500-1175,
simpliHOM 855-856-9466
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3309104
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Details
- Parcel number: 02600003500
- Zoning: SP
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other
Condition
- New construction: No
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: The Collective
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Tax assessed value: $617,700
- Annual tax amount: $4,296
- Date on market: 7/29/2026
- Inclusions: No Furnishing
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Price change | $2,300,000-2.1% |
Source: | ||
| 7/29/2026 | Listed for sale | $2,350,000+379.6% |
Source: | ||
| 1/24/2024 | Sold | $490,000+145.1% |
Source: Public Record Report a problem | ||
| 7/1/2015 | Sold | $199,900-78.4% |
Source: Agent Provided Report a problem | ||
| 12/11/2013 | Listed for sale | $925,214 |
Source: Westgate Commercial, Inc Report a problem | ||
| 10/18/2013 | Listing removed | $925,214 |
Source: Westgate Commercial, Inc Report a problem | ||
| 9/15/2013 | Listed for sale | $925,214+153.5% |
Source: Westgate Commercial, Inc Report a problem | ||
| 8/24/2009 | Listing removed | $365,000 |
Source: Crye-Leike, Inc., REALTORS #1099522 Report a problem | ||
| 8/2/2009 | Listed for sale | $365,000 |
Source: Crye-Leike, Inc., REALTORS #1099522 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,296 +39.4% | $154,425 +46.4% |
| 2024 | $3,082 | $105,475 |
| 2023 | $3,082 | $105,475 |
| 2022 | $3,082 -1% | $105,475 |
| 2021 | $3,115 +27.6% | $105,475 +63.7% |
| 2020 | $2,441 +37.5% | $64,450 |
| 2019 | $1,776 | $64,450 |
| 2018 | $1,776 0% | $64,450 |
| 2017 | $1,776 | $64,450 +80.2% |
| 2016 | $1,776 -2.5% | $35,775 |
| 2015 | $1,822 +29.8% | $35,775 |
| 2014 | $1,404 | $35,775 |
| 2013 | -- | $35,775 -6.7% |
| 2012 | -- | $38,325 |
| 2011 | -- | $38,325 |
| 2010 | -- | $38,325 |
| 2009 | -- | $38,325 +3.9% |
| 2008 | -- | $36,900 |
| 2007 | -- | $36,900 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37115
Nearby schools
Schools provided by the listing agent
- Elementary: Goodlettsville Elementary
- Middle: Goodlettsville Middle
- High: Hunters Lane Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





