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7031 Gracious Dr, Franklin, TN 37064

Active · $472,900

3 beds2.5 baths1,714 sq ft$276 /sq ft

MLS #3080582 · updated 2026-06-25 · listed with Onward Real Estate

3-bed, 2.5-bath condo at 7031 Gracious Dr in Simmons Ridge Sec10, Franklin, 1,714 sqft, $472,900 ($276/sqft), by Onward Real Estate.

The quick read

7031 Gracious Dr is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $472,900, about $276/sq ft across 1,714 sq ft.

At $276/sq ft, this condo is priced in line with the Simmons Ridge list-price median of $277/sq ft.

Market read: Simmons Ridge Sec10 is a balanced market at about 4.8 months of inventory.

Next step: ask Grant Hammond anything about 7031 Gracious Dr (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-25. RealTracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Highlights

Maintenance GroundsMaintenance Structure1-car garageBuilt 2021

Description of 7031 Gracious Dr

Welcome to your new home in the sought-after Simmons Ridge Community in Franklin. This move-in ready townhome features 3 bedrooms and 2.5 baths with a thoughtfully designed open-concept layout that unites the kitchen, dining, and living spaces. The modern kitchen, equipped with a large island, granite countertops, and stainless steel appliances, offers plenty of space for both cooking and seating. Upstairs, the expansive primary bedroom includes an en-suite bathroom with double vanities, providing a serene escape. The covered deck is perfect for unwinding or entertaining. Additional perks include an attached one-car garage, driveway parking, and ample guest parking. Simmons Ridge also provides excellent community amenities like a pool, walking trails, and a playground. Don't miss your chance to call this stunning townhome your own! Tour our beautifully staged model home Thursday to Saturday from 11am - 5 pm and Sunday from 1-5 pm located at 7007 Gracious Dr.

Listing remarks courtesy of Onward Real Estate via RealTracs.

How this condo is priced in its building

How 7031 Gracious Dr compares in Simmons Ridge

MetricThis condoSimmons Ridge activeRecently sold
Price / sq ft$276$277 median-
Price position48th pctile-29% vs median-

This listing beside the active Simmons Ridge market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.

How this condo compares in Simmons Ridge

At $276/sq ft, this condo ranks in the 48th percentile of the 22 active condos in Simmons Ridge by price per square foot.

Simmons Ridge trades about 29% below Franklin 37064 area on a price-per-square-foot basis.

Taken together, this condo reads toward the higher end per square foot for Simmons Ridge.

Computed by Grant Hammond from 22 Simmons Ridge comparables (RealTracs via IDX), as of 2026-07-17, refreshed weekly. Analysis, not an appraisal.

Price per square foot trend in Simmons Ridge Sec10

In Simmons Ridge Sec10, the median sale price per square foot has moved from about $281 (2025-07) to about $270 (2026-06), roughly 4% down across the last 9 months of recorded sales.

Computed by Grant Hammond from the monthly price-per-square-foot of recorded Simmons Ridge Sec10 closings (RealTracs via IDX). Analysis, not an appraisal.

Competition & market pace

Active listings4 in Simmons Ridge Sec10
Recent absorptionabout 0.8 sales / mo
Months of inventory4.8 months, a balanced market

Supply-side and recent-sale context for Simmons Ridge Sec10. Sale figures are trailing 6/12/24-month medians of recorded Simmons Ridge Sec10 closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.

Cost of ownership

Estimated monthly ownership for 7031 Gracious Dr at $472,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$472,900
HOA dues$213 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Property-tax outlook

The Williamson County appraised value of $290,400 trails the $472,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,159 now to roughly $1,887 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County 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.

Listing activity

Price and sale history

  • County assessment: $290,400 total appraised value (land $70,000 + improvements $220,400).

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.

    Location & neighborhood

    7031 Gracious Dr sits in Simmons Ridge Sec10, Franklin, Williamson County.

    Simmons Ridge market snapshot

    In Simmons Ridge, homes there are priced around $277 per square foot; inventory is running at about 4.8 months, a balanced market.

    Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Market data, not an appraisal.

    Assigned schools

    7031 Gracious Dr is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

    Middle
    Fred J Page Middle School
    High
    Fred J Page High School

    Frequently asked questions

    Is 7031 Gracious Dr, Franklin still for sale?

    As of the latest update (2026-06-25), 7031 Gracious Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

    How much does 7031 Gracious Dr, Franklin cost?

    7031 Gracious Dr, Franklin is listed at $472,900, about $276 per square foot across 1,714 square feet.

    How many bedrooms and bathrooms does 7031 Gracious Dr, Franklin have?

    3 bedrooms and 2.5 ba (2 full, 1 half).

    What is the price per square foot?

    About $276 per square foot ($472,900 across 1,714 sqft).

    When was 7031 Gracious Dr, Franklin built?

    7031 Gracious Dr, Franklin was built in 2021.

    Does 7031 Gracious Dr, Franklin have a garage?

    Yes, 1 garage spaces, per the listing.

    Are there HOA dues?

    HOA dues are $213 per month, as listed.

    What subdivision is 7031 Gracious Dr, Franklin in?

    7031 Gracious Dr, Franklin is in the Simmons Ridge Sec10 subdivision of Franklin.

    What schools is 7031 Gracious Dr, Franklin zoned for?

    7031 Gracious Dr, Franklin is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

    What do the HOA dues cover at 7031 Gracious Dr, Franklin?

    HOA dues are $213 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

    How is 7031 Gracious Dr, Franklin priced versus the building?

    On a fee-adjusted price-per-square-foot basis within the building, so units compare on true carrying cost rather than raw list price.

    Who can tell me more about 7031 Gracious Dr, Franklin?

    Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

    How is 7031 Gracious Dr, Franklin priced compared to the market?

    At about $276 per square foot, 7031 Gracious Dr, Franklin ranks in the 48th percentile of active Simmons Ridge listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

    Is the Simmons Ridge market favoring buyers or sellers?

    Simmons Ridge is currently a balanced market, at about 4.8 months of inventory, per RealTracs as of 2026-07-16.

    Full property details

    Complete reported fields for 7031 Gracious Dr (reference).

    MLS #3080582
    StatusActive
    Price$472,900
    Price / sqft$276
    Bedrooms3
    Bathrooms2.5 ba (2 full, 1 half)
    Living area1,714 sqft
    Year built2021
    Garage spaces1
    All 14 property fields
    HOA dues$213 / mo
    SubdivisionSimmons Ridge Sec10
    CountyWilliamson
    AmenitiesMaintenance Grounds, Maintenance Structure
    Updated2026-06-25

    Ask Grant about 7031 Gracious Dr

    Get the full details, recent comparable sales, and any off-market options for 7031 Gracious Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

    Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

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    Listed with Onward 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.

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