Davidson County, TN — Property Tax Underwriting Guide
Tennessee · Cyclical hold until revaluation
What this means for multifamily underwriting
Nashville-Davidson County has been one of the strongest multifamily markets in the US. Tax = appraised value x 0.40 x millage. Nashville's consolidated city-county structure means one combined bill.
Transaction type breakdown
Davidson County is a consolidated city-county (Nashville). The same Tennessee 4-year reappraisal cycle applies. Between reappraisals, assessed values are held. A sale does not trigger an off-cycle reassessment.
Refinance has no effect on assessed value.
Ownership transfer does not trigger reassessment; the 4-year cycle governs.
Tax appeal information
37.5 mill applied to 40% of appraised value yields ~1.5% effective rate on market value.
Guide review
County guidance last reviewed: June 15, 2026
Tax-rate scope: Tax-rate scope is not established as parcel-specific; confirm the parcel's taxing-authority stack.
Official sources: Metro Nashville Assessor
4-year cycle and 40% ratio are statutory; Nashville's most recent reappraisal reflected strong market appreciation.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Davidson County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Davidson County deal.