Tupelo

Starting From

$399,990+

Est. Payment

$2,383 /mo

Own a home at Derby Run
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $2,383, based on a 4.25% Interest Rate, 6.668% APR
Year 2: Payment of $2,620, based on a 5.25% Interest Rate
Year 3-30: Payment of $2,869, based on a 6.25% Interest Rate

Principal & Interest

$1,933

Property Tax

$200

Hazard Insurance

$73

Mortgage Insurance

$177

Total estimated monthly payment

$2,383

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $399,990, a loan amount of $392,903 and a 3.5% down payment. Principal and interest payment of $1,933/month with a rate of 4.25% for year one, $2,170/month with a rate of 5.25% for year two, $2,419/month with a rate of 6.25% for year three and an APR of 6.668%. Rates come at a cost of 1.125% of the loan amount. Real estate taxes are estimated at $200 per month, mortgage insurance is estimated at $177 per month and hazard insurance is estimated at $73 per month for a total monthly payment of $2,383 for year one, $2,620 for year two and $2,869 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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615.551.5250

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Located in Derby Run

3 Bedroom

1,533 Sq.Ft.

2 Full Bath

2 Car Garage

Floor Plan

Interactive Floor Plan

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Model Video

About the Home

Welcome home to Derby Run, where you can finally have plenty of space inside and out of your home for your family while being minutes from highly-rated Stewarts Creek schools. Plus, you're just 4 miles from I-24 and I-840 so you're never far from what you need in Franklin/Cool Springs, Smyrna, Nashville, and more.

The Tupelo is single-level living at its finest and welcomes you in with the secondary bedroom wing close to the 2-car garage and front entryway. If you'd rather have office space, turn one of the bedrooms into a flex room for a home office or study! Past the bedrooms, you'll find the open concept great room and kitchen. The open airy space combines the kitchen, dining area and great room to create a casual, and comfortable, flow. Off the kitchen is the owner's bedroom, complete with a private bathroom and walk-in closet. And, for laundry days made easy, your laundry room is right outside of your owner's suite - no more hauling baskets up and down the stairs!

Peace of Mind Built In

A better-built home enhances your life. Our whole-home approach to performance and efficiency providing you the highest levels of comfort while lowering your monthly energy costs by up to 30%.

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