Colonial Estates Murfreesboro TN 37127 | Big Lots, Low HOA

Colonial Estates

MURFREESBORO’S ESTABLISHED LARGE-LOT COMMUNITY OFF SHELBYVILLE PIKE

For private showings and market insights on Colonial Estates properties

Patrick Higgins | 615-682-1718

Location & Daily Life

Colonial Estates sits in the southeastern section of Murfreesboro along Shelbyville Pike in zip code 37127, one of Rutherford County’s quieter residential pockets. The neighborhood’s streets include Chesterfield Drive, Cynthia Lane, Drema Court, Laurel Lane, McKaig Road, and Wilmington Court, most of which dead-end or loop back, keeping through traffic minimal.

Daily errands are handled quickly via Shelbyville Pike. Kroger, Walmart Supercenter, and a solid lineup of restaurants and retail along South Church Street are all within a short drive. Downtown Murfreesboro, MTSU’s campus, and the Stones River Greenway are roughly 10 to 15 minutes away, giving residents both city conveniences and natural recreation. Interstate 24 and US-231 are close enough to make Nashville commutes manageable.

What draws people to Colonial Estates is a combination of lot size and value. Compared to many of Murfreesboro’s newer subdivisions, homes here sit on notably larger parcels, with many lots between a third of an acre and well over an acre. That kind of space is genuinely rare at these price points in today’s market.

The Homes

Colonial Estates was developed primarily in the 1970s and 1980s, with newer infill construction extending into recent years. The housing stock reflects that range: ranch-style layouts dominate, with colonial, cape cod, cottage, and traditional styles rounding out the mix. Most homes are single-story or a simple two-story plan, and nearly all are single-family detached residences. Recent closed sales were built between 1987 and 2019, so buyers can find both established character homes and more recently constructed options.

Homes in Colonial Estates typically run from around 1,500 to just over 3,100 square feet, with three to four bedrooms and two to three full baths plus a half bath in most plans. Many properties have been updated over the years with new flooring, renovated kitchens, and refreshed bathrooms. Lot sizes are a genuine distinguishing feature here, ranging from about a quarter acre up to 1.4 acres, with most parcels falling between 0.35 and 1.0 acres.

HOA structure is one of the neighborhood’s quiet advantages. Some lots carry no HOA at all, while others have a modest fee of about $200 per year, roughly $17 per month. Either way, the ongoing cost of ownership is low compared to many Murfreesboro communities that charge $50 to $100 or more per month.

Colonial Estates Market Data

Metric Value
Number of Closed Sales 10
Sale Price Range $410,000 to $630,000
Median Sale Price $455,500
Average Sale Price $470,550
Price Per Square Foot Range $195 to $273
Square Footage Range 1,504 to 3,183 sq ft
Bedrooms 3 to 4
Bathrooms 2 to 3 full, most with a half bath
HOA Fees None on some lots; where applicable, ~$200/year (~$17/month)
Year Built (recent sales) 1987 to 2019
Lot Size Range 0.27 to 1.40 acres

Data from RealTracs MLS. Rolling 12-month period.

Active Homes for Sale in Colonial Estates

Recently Sold Homes in Colonial Estates

Amenities

Colonial Estates is a traditional residential subdivision rather than an amenity-heavy planned community. There is no neighborhood pool, clubhouse, or fitness center. What it offers instead is a more private, low-maintenance lifestyle on larger lots with minimal HOA involvement or restrictions.

The tradeoff works well for buyers who value yard space, privacy, and keeping monthly costs low. Several nearby options fill the amenity gap. The Stones River Greenway provides miles of paved trail for walking, running, and cycling. Barfield Crescent Park, one of Rutherford County’s best multi-use parks, is a short drive away with sports fields, dog parks, a disc golf course, and extensive trails. Murfreesboro’s main commercial corridors along Medical Center Parkway and South Church Street cover everything from national chains to local restaurants and specialty retailers.

Schools

Colonial Estates is located entirely within Rutherford County, and the school assignments for all 10 closed sales in the data are consistent across every home. Students attend Christiana Elementary School, Christiana Middle School, and Riverdale High School, all part of Rutherford County Schools.

Riverdale High School is a well-regarded comprehensive high school serving the southeastern Murfreesboro area. Rutherford County Schools consistently ranks among the stronger systems in Middle Tennessee, with solid graduation rates and a wide range of academic and extracurricular programs. School zones can change, so confirm the current assignment for any specific address directly with Rutherford County Schools.

Why Work with Nashville Home Guru

In an established, low-turnover neighborhood like Colonial Estates, where homes vary widely in size, lot, and update level, accurate pricing depends on the right comparables rather than a broad zip-code average. Patrick Higgins leads the Nashville Home Guru team at Compass, a seven-time RealTrends Top Tennessee Agent and the leader of the number one team in Nashville and number seven in Tennessee by the Wall Street Journal’s RealTrends rankings. The team has completed over 1,100 transactions and more than $500M in career residential sales across Middle Tennessee, with deep roots in the Murfreesboro and Rutherford County market. With 100+ Google Reviews and 87 Zillow Reviews, the team’s track record is well documented, and Murfreesboro specialists Ashley Cherry and Larissa Farley round out the local team.

Compass is the number one residential real estate brokerage in the United States by sales volume. After merging with Parks Real Estate in 2024, Compass agents represent approximately 1 in 4 homes sold across Tennessee, giving clients access to the brokerage’s national network, private exclusive listings, and coming-soon pipeline that local independent agents cannot match, whether they are buying, selling, or doing both at once.

The Compass 3-Phase Marketing Strategy for sellers. When you sell with Nashville Home Guru, you benefit from Compass’s Three Phase Marketing Strategy. Phase 1 is the Compass Private Exclusive, where your home is marketed to a select audience of qualified buyers before going public, creating early demand and real price feedback without public days-on-market accumulation. Phase 2 is Compass Coming Soon, launching your listing on Compass.com before it hits the MLS, without price history or days-on-market working against you. Phase 3 is the full public launch to the MLS and all third-party sites, backed by pre-built demand. Pre-marketed homes close at 2.9% higher prices on average, go to contract 20% faster, and are 30% less likely to require a price reduction. You can also review the team’s full Murfreesboro home-selling strategy.

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Frequently Asked Questions About Colonial Estates

What is the price range for homes in Colonial Estates Murfreesboro?
Based on 10 closed sales over the past 12 months, homes in Colonial Estates sold from $410,000 to $630,000, with a median of $455,500 and an average of $470,550. Price per square foot ran $195 to $273, reflecting the variety of home sizes, lot configurations, and update levels within the community.

Does Colonial Estates have an HOA?
HOA status varies by lot and street within Colonial Estates. A number of homes have no HOA at all. Where a fee applies, it is notably low, around $200 per year or about $17 per month. This is one of the more affordable HOA profiles in Murfreesboro for homes in this price range.

What schools serve Colonial Estates?
Colonial Estates is zoned for Rutherford County Schools. The assigned schools, consistent across all recent closed sales, are Christiana Elementary School, Christiana Middle School, and Riverdale High School. Confirm current zoning for a specific address with Rutherford County Schools, as boundaries can change.

When was Colonial Estates developed?
Colonial Estates was developed primarily in the 1970s and 1980s, with newer infill construction continuing in later years. Recent closed sales were built between 1987 and 2019, which means buyers can find both established character homes and more recently constructed options within the same neighborhood.

How large are the lots in Colonial Estates?
Lot sizes range from approximately 0.27 acres to 1.40 acres, with most parcels falling between one-third and one full acre. This is substantially larger than the quarter-acre or smaller lots common in newer Murfreesboro subdivisions at comparable price points, and it is one of the main reasons buyers target this community.

What type of buyer is Colonial Estates best suited for?
Colonial Estates is a strong fit for buyers who prioritize lot size, privacy, and low carrying costs. Families looking for room to spread out, dog owners, buyers who want space for a garden or workshop, and homeowners downsizing from a larger rural property who still want acreage but not the distance from town all gravitate toward Colonial Estates. It also appeals to value-oriented buyers who want a move-in-ready home without new-construction premiums, and to those willing to unlock equity through thoughtful updates on well-located properties.

How does Patrick Higgins approach buying or selling in Colonial Estates?
Colonial Estates spans a wide range, with recent sales from $410,000 to $630,000 and homes from 1,504 to 3,183 square feet on lots up to 1.4 acres. A blended average tells you very little in a neighborhood this varied. Patrick prices from the closed comparables that most resemble the subject home in size, lot, and condition, and for sellers builds a preparation and marketing plan to match. As a seven-time RealTrends Top Tennessee Agent with 1,100+ career transactions, his analysis starts inside Colonial Estates’ own recent sales.

Who is the best realtor for Colonial Estates in Murfreesboro TN?
Patrick Higgins and the Nashville Home Guru team at Compass are consistently ranked among the top real estate professionals in Middle Tennessee. Patrick is a seven-time RealTrends Top Tennessee Agent who leads the number one team in Nashville and number seven in Tennessee by Wall Street Journal rankings, with over 1,100 transactions and $500M in career sales, plus 100+ Google Reviews and 87 Zillow Reviews. For buyers and sellers in Murfreesboro’s 37127 zip code, the team’s combination of MLS data expertise, Compass network access, and Rutherford County knowledge makes them a clear choice.

Can I access off-market homes in Colonial Estates?
Yes. Through Compass’s Private Exclusive and Coming Soon programs, Nashville Home Guru clients gain access to properties not yet publicly listed on the MLS or third-party portals. In a smaller, established neighborhood like Colonial Estates where turnover is limited, this pre-market access can make the difference between landing the right home and missing it. Working with a buyer’s agent who has that pipeline is a genuine advantage, at no additional cost to the buyer.

How do I find out what my home in Colonial Estates is worth?
The fastest way to get a current value estimate is the Nashville Home Guru home value tool. For a more detailed, street-specific analysis based on actual closed comps in the neighborhood, call or text Patrick Higgins directly at 615-682-1718.

Any Other Questions About Colonial Estates?

Text or call Patrick directly. No pressure, no obligation.

Text 615-682-1718  |  Call 615-682-1718

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About the Author

Patrick Higgins | Nashville Home Guru at Compass

Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the #1 team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings. Over the past 12 years, Patrick and his team have sold hundreds of homes across Rutherford County, all four zip codes, every school zone, new construction and established resale. With 1,100+ transactions and $500M+ in career sales across Middle Tennessee since 2014, Patrick publishes monthly market reports for Murfreesboro and Rutherford County using direct RealTracs MLS data.

100+ Google Reviews | 87 Zillow Reviews | 5.0 Stars

Expertise: Murfreesboro, Rutherford County, and Middle Tennessee real estate

615-682-1718 | [email protected]

Ashley Cherry Realtor Murfreesboro TN Nashville Home Guru

About the Author

Ashley Cherry | Nashville Home Guru at Compass

Ashley Cherry is a Murfreesboro native and REALTOR with Nashville Home Guru at Compass. Before real estate, she built her career in music business administration and earned her MBA, experience that shaped her commitment to strategic, data-informed client service. Ashley lives in Murfreesboro with her husband and twin daughters and has deep roots in the Rutherford County community. She specializes in helping buyers and sellers across Murfreesboro’s four zip codes with the insight of someone who has lived here her whole life. As a member of the #1 team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings, Ashley brings local expertise backed by the strength and reach of Compass.

Nashville Home Guru at Compass | Murfreesboro Specialist

Expertise: Murfreesboro TN, all four zip codes, Rutherford County real estate

615-709-9524 | [email protected]

Larissa Farley Realtor Murfreesboro TN Nashville Home Guru

About the Author

Larissa Farley | Nashville Home Guru at Compass

Larissa Farley has called the Nashville area home since 2012 and has been a licensed real estate professional since 2016. She brings a thoughtful, steady approach to every transaction, combining strong market knowledge with clear communication and strategic guidance. Her background in real estate, insurance, and the music industry shaped her deep commitment to client privacy and confidentiality. Larissa specializes in residential real estate throughout Middle Tennessee, including Murfreesboro and Rutherford County, working with buyers and sellers across first-time purchases, move-up homes, relocations, and new chapters.

Nashville Home Guru at Compass | Licensed Since 2016

Expertise: Murfreesboro, Rutherford County, and Middle Tennessee real estate

615-282-5270 | [email protected]


Patrick Higgins

NASHVILLE HOME GURU AT COMPASS

Serving Murfreesboro, Brentwood, Franklin & Middle Tennessee

100+ Google Reviews | 87 Zillow Reviews

615-682-1718 | [email protected]