1191 W Main St, Franklin, TN 37064
1191 W Main St, Franklin, TN 37064, Active at $995,000 ($437/sq ft). 4 bd · 3 ba · 2,277 sqft · $437/sqft · 0.7 ac.
1191 W Main St, Franklin, TN 37064, Active at $995,000 ($437/sq ft). 4 bd · 3 ba · 2,277 sqft · $437/sqft · 0.7 ac.
Active · $995,000
MLS #3134150 · listed June 20, 2026 · 35 days on market · updated June 28, 2026
4-bed, 3-bath home at 1191 W Main St in Downtown Franklin, Franklin, 2,277 sqft, $995,000 ($437/sqft), by Compass.
1191 W Main St is a 4-bedroom, 3-bath home in Franklin, TN 37064, offered at $995,000, about $437/sq ft across 2,277 sq ft.
At $437/sq ft, this home is about 10% below the Downtown Franklin median list price per square foot of $488.
Market read: the Downtown Franklin market is buyer-favored, at about 8.6 months of inventory.
All-in, about $5,939/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $813/mo, roughly 14% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this home runs about $5,126/mo; at the 6.277% rate of about three months ago it would be roughly $4,915/mo, so monthly P&I is about $211 higher now.
School zone: assigned to Johnson Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1191 W Main St (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 28, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Complete reported fields for 1191 W Main St (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $995,000 | — |
Estimated monthly ownership for 1191 W Main St at $995,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $995,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 1191 W Main St is about $5,939/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $5,126, estimated property tax $331, homeowners insurance $482. Estimate only; not a loan offer.
| Principal & interest | $5,126/mo |
|---|---|
| Property tax (est.) | $331/mo |
| Homeowners insurance (est.) | $482/mo |
| Estimated total | $5,939/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). 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 |
|---|---|---|---|
| 5.68% | $4,610/mo | $5,423/mo | -$516/mo |
| 6.18% | $4,865/mo | $5,678/mo | -$261/mo |
| 6.68% | $5,126/mo | $5,939/mo | current |
| 7.18% | $5,392/mo | $6,205/mo | +$266/mo |
| 7.68% | $5,664/mo | $6,477/mo | +$538/mo |
Principal & interest on a 30-year fixed at 20% down ($796,000 loan), with property tax, insurance held constant at $813/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 1191 W Main St runs about $5,939/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 | Downtown Franklin active | Recently sold |
|---|---|---|---|
| Price / sq ft | $437 | $488 median | - |
| Price position | 25th pctile | -10% vs median | - |
| Downtown Franklin vs Franklin 37064 area | - | +18% | - |
This listing beside the active Downtown Franklin market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
Among the 9 active homes in Downtown Franklin, this home at $437/sq ft falls in the 25th percentile on price per square foot.
Downtown Franklin trades about 18% above Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Downtown Franklin.
Computed by Grant Hammond from 9 Downtown Franklin comparables (RealTracs via IDX), as of 2026-07-24, 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 | 10 in Downtown Franklin |
|---|---|
| Recent absorption | about 1.2 sales / mo |
| Months of inventory | 8.6 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Downtown Franklin. Sale figures are trailing 6/12/24-month medians of recorded Downtown Franklin closings. Source RealTracs via IDX, as of 2026-07-23.
1191 W Main St sits in Downtown Franklin, Franklin, Williamson County.
In Downtown Franklin, homes there are priced around $488 per square foot; inventory is running at about 8.6 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
1191 W Main St is zoned for Johnson Elementary, Freedom Middle School, Centennial 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 1191 W Main St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 1191 W Main St, by price and size.
Listed with Compass. 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.
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.
June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (June 28, 2026), 1191 W Main St, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1191 W Main St, Franklin is listed at $995,000, about $437 per square foot across 2,277 square feet.
4 bedrooms and 3 bathrooms.
About $437 per square foot ($995,000 across 2,277 sqft).
1191 W Main St, Franklin was built in 1954.
Yes, 1 garage spaces, per the listing.
No HOA dues are reported for this home.
1191 W Main St, Franklin is in the Downtown Franklin subdivision of Franklin.
About $5,939 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $5,126, estimated property tax $331, insurance $482. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1191 W Main St, Franklin is zoned for Johnson Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 1191 W Main St, 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 $437 per square foot, 1191 W Main St, Franklin ranks in the 25th percentile of active Downtown Franklin listings by price per square foot, roughly 10% below the Downtown Franklin median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Downtown Franklin market is currently buyer-favored (ample supply), at about 8.6 months of inventory, per RealTracs as of 2026-07-23.
Thinking of selling in Downtown Franklin?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.