2050 Riley Park Drive, Franklin, TN 37064
2050 Riley Park Drive, Franklin, TN 37064, Pending at $855,970 ($273/sq ft). 5 bd · 4 ba · 3,140 sqft · $273/sqft · 0.1 ac.
2050 Riley Park Drive, Franklin, TN 37064, Pending at $855,970 ($273/sq ft). 5 bd · 4 ba · 3,140 sqft · $273/sqft · 0.1 ac.
Pending · $855,970
MLS #3059450 · listed December 8, 2025 · 266 days on market · updated August 6, 2026
5-bed, 4-bath home at 2050 Riley Park Drive in Station Hill, Franklin, 3,140 sqft, $855,970 ($273/sqft), by Meritage Homes of Tennessee, Inc..
Status: this home is currently under contract, per RealTracs as of August 6, 2026.
2050 Riley Park Drive is a 5-bedroom, 4-bath home in Franklin, TN 37064, offered at $855,970, about $273/sq ft across 3,140 sq ft.
At $273/sq ft, this home is about 4% above the Station Hill median list price per square foot of $263.
Market read: the Station Hill market is buyer-favored, at about 25 months of inventory.
All-in, about $5,294/mo at 20% down (6.81% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $825/mo, roughly 16% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $4,469/mo; at the 6.56% rate of about three months ago it would be roughly $4,355/mo, so monthly P&I is about $114 higher now.
School zone: assigned to Heritage Elementary, Heritage Middle, Independence High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 2050 Riley Park Drive (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 6, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
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Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 2050 Riley Park Drive (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $855,970 | — |
Estimated monthly ownership for 2050 Riley Park Drive at $855,970: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $855,970 |
|---|---|
| HOA dues | $105 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 2050 Riley Park Drive is about $5,294/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $4,469, estimated property tax $285, homeowners insurance $435, and HOA dues $105. Estimate only; not a loan offer.
| Principal & interest | $4,469/mo |
|---|---|
| Property tax (est.) | $285/mo |
| Homeowners insurance (est.) | $435/mo |
| HOA dues | $105/mo |
| Estimated total | $5,294/mo |
Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 2026). Property tax uses the Franklin, Williamson County rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.81% | $4,022/mo | $4,847/mo | -$447/mo |
| 6.31% | $4,243/mo | $5,068/mo | -$226/mo |
| 6.81% | $4,469/mo | $5,294/mo | current |
| 7.31% | $4,699/mo | $5,524/mo | +$230/mo |
| 7.81% | $4,934/mo | $5,759/mo | +$465/mo |
Principal & interest on a 30-year fixed at 20% down ($684,776 loan), with property tax, insurance, and HOA held constant at $825/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 2050 Riley Park Drive runs about $5,294/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Station Hill active | Recently sold |
|---|---|---|---|
| Price / sq ft | $273 | $263 median | - |
| Price position | 72nd pctile | +4% vs median | - |
| Station Hill vs Franklin 37064 area | - | -33% | - |
This listing beside the active Station Hill market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
At $273/sq ft, this home ranks in the 72nd percentile of the 28 active homes in Station Hill by price per square foot.
Station Hill trades about 33% below Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Station Hill.
Computed by Grant Hammond from 28 Station Hill comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.
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).
| Active listings | 25 in Station Hill |
|---|---|
| Recent absorption | about 1 sales / mo |
| Months of inventory | 25 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Station Hill. Sale figures are trailing 6/12/24-month medians of recorded Station Hill closings. Source RealTracs via IDX, as of August 29, 2026.
2050 Riley Park Drive sits in Station Hill, Franklin, Williamson County.
In Station Hill, homes there are priced around $263 per square foot; inventory is running at about 25 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 24 miles from downtown Nashville (straight-line distance).
2050 Riley Park Drive is zoned for Heritage Elementary, Heritage Middle, Independence High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 2050 Riley Park Drive - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 2050 Riley Park Drive, by price and size.
Listed with Meritage Homes of Tennessee, Inc.. 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.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
As of the latest update (August 6, 2026), 2050 Riley Park Drive, Franklin is pending, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
2050 Riley Park Drive, Franklin is listed at $855,970, about $273 per square foot across 3,140 square feet.
5 bedrooms and 4 bathrooms.
About $273 per square foot ($855,970 across 3,140 sqft).
2050 Riley Park Drive, Franklin was built in 2026.
Yes, 2 garage spaces, per the listing.
HOA dues are $105 per month, as listed.
2050 Riley Park Drive, Franklin is in the Station Hill subdivision of Franklin.
About $5,294 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $4,469, estimated property tax $285, insurance $435, and HOA $105. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
2050 Riley Park Drive, Franklin is zoned for Heritage Elementary, Heritage Middle, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
Pets are permitted at 2050 Riley Park Drive, Franklin, as listed. Any breed, size, or number limits are set by the HOA or owner; confirm the current pet policy before relying on it.
No, 2050 Riley Park Drive, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
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 $273 per square foot, 2050 Riley Park Drive, Franklin ranks in the 72nd percentile of active Station Hill listings by price per square foot, roughly 4% above the Station Hill median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Station Hill market is currently buyer-favored (ample supply), at about 25 months of inventory, per RealTracs as of 2026-08-29.
Thinking of selling in Station Hill?
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