475 Franklin Rd, Franklin, TN 37069
475 Franklin Rd, Franklin, TN 37069, Active at $895,000 ($443/sq ft). 3 bd · 3 ba · 2,022 sqft · $443/sqft · 5.16 ac.
475 Franklin Rd, Franklin, TN 37069, Active at $895,000 ($443/sq ft). 3 bd · 3 ba · 2,022 sqft · $443/sqft · 5.16 ac.
Active · $895,000
MLS #2898371 · updated 2026-07-09 · listed with Mark Spain Real Estate
3-bed, 3-bath home at 475 Franklin Rd, Franklin, 2,022 sqft, $895,000 ($443/sqft), by Mark Spain Real Estate.
475 Franklin Rd is a 3-bedroom, 3-bath home in Franklin, TN 37069, offered at $895,000, about $443/sq ft across 2,022 sq ft.
At $443/sq ft, this home is about 21% above the Franklin 37069 median list price per square foot of $365.
Market read: Franklin 37069 homes is a buyer-favored market at about 6.3 months of inventory.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 475 Franklin Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-09. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Back on market due to Buyer Financing-- Peaceful rural living just 10 minutes from Historic Downtown Franklin. This 5+ acre equestrian property offers privacy, space, and freedom with no HOA and Franklin School District zoning. Bring your horses, goats, chickens, or livestock, approximately 2 acres are fully fenced with an additional 3 acres of wooded, unfenced land ideal for hiking, exploring, or ATV adventures. This is a perfect site living while you build your dream home in a ideal location. Home updates include: 2024 electrical panel with surge protector. New water main line and interior plumbing. 2-step septic system for improved efficiency. Basement with full bath, perfect for a home gym, recording studio, or guest suite. Spacious two car garage. Located near Cool Springs, Brentwood, and top-tier golf and shopping, this versatile property also offers potential for a small business, short-term rental (Airbnb), or daycare. Don't miss this rare opportunity to own usable acreage with so many possibilities, just minutes from everything Franklin has to offer.
Listing remarks courtesy of Mark Spain Real Estate via RealTracs.
At $443/sq ft, this home ranks in the 73rd percentile of the 155 active homes in Franklin 37069 by price per square foot.
Computed by Grant Hammond from 155 Franklin 37069 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 165 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 26.2 sales / mo |
| Months of inventory | 6.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 475 Franklin Rd at $895,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $895,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $737,300 trails the $895,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,396 now to roughly $2,909 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
475 Franklin Rd sits in Franklin, Williamson County.
In Franklin 37069, homes there are priced around $365 per square foot; inventory is running at about 6.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
475 Franklin Rd is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-07-09), 475 Franklin Rd, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
475 Franklin Rd, Franklin is listed at $895,000, about $443 per square foot across 2,022 square feet.
3 bedrooms and 3 ba.
About $443 per square foot ($895,000 across 2,022 sqft).
475 Franklin Rd, Franklin was built in 1950.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
No subdivision is reported.
475 Franklin Rd, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 475 Franklin Rd, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $443 per square foot, 475 Franklin Rd, Franklin ranks in the 73rd percentile of active Franklin 37069 listings by price per square foot, roughly 21% above the Franklin 37069 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37069 is currently a buyer-favored market (ample supply), at about 6.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 475 Franklin Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 475 Franklin Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Mark Spain Real Estate. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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