Pricing and availability verified · figures are subject to builder change — confirm before relying on them.
Three townhomes at Spring Branch have already been sold to IPS investors. The Jasper is the plan IPS is underwriting now, and every figure on this page is the Jasper's.
The community is still selling and homesite availability changes — confirm before relying on a specific lot.
The Jasper
The Jasper is a two-story townhome of approximately 1,654 square feet with 3 bedrooms, 2.5 bathrooms and a full 2-car garage.
The strongest feature of the plan is the first-floor owner’s suite, which adds privacy and widens the tenant pool. The main level also carries a dedicated laundry room and an open-concept kitchen, breakfast area and family room.
Upstairs, a loft provides flex space that works as a home office, homework area, fitness room or second living area. Two additional bedrooms sit upstairs, each with a walk-in closet.
- 3 Bedrooms · 2.5 Bathrooms · 1,654 Sq Ft
- 2-Car Garage · 2-Story
- Price: $328,000 · Estimated rent: $2,450/month
- Estimated expenses 23% · Cap rate 6.6% · Cash flow $363/month
The HOA is $200 per month and is already inside the 23% estimated operating expenses — not an additional cost on top of them.
Why it rents well: the 3-bedroom configuration reaches families, couples, roommates and tenants who need office or flex space; a first-floor primary suite is uncommon in townhome rentals; the 2-car garage is a major differentiator against competing townhome and apartment inventory; and the upstairs loft adds work-from-home space without a bedroom’s cost.
Spring Branch Townhomes offers brand-new construction townhomes in an A+ location in Smyrna, just ½ mile from Sam Ridley Parkway, one of the area’s main retail and dining corridors.
Nearby conveniences include:
- Target
- T.J. Maxx
- Hobby Lobby
- Academy Sports
- Kroger & Publix
- First Watch
- Chick-fil-A
- Whataburger
- Starbucks
- Malco Smyrna Cinema
Commuting is also easy with I-24 just 2 miles away and downtown Nashville approximately 25 minutes away.
The community also offers low-maintenance living, with lawn care included, along with planned amenities such as:
- Dog park
- Pickleball court
- Playground
Why This Location Performs Well for Investors
- Established Nashville submarket — access to the metro’s growth at a more affordable price point than areas closer to Nashville
- Diverse employment base — Smyrna and Rutherford County support rental demand across more than one employer
- Commuter-friendly — I-24 connects directly to Nashville, Murfreesboro and the employment centers between them
- Population growth — Rutherford County continues to absorb household growth as the Nashville metro expands outward
- Tenant profile — schools, employment, shopping and suburban amenities attract families and longer-term renters