Property details
Description of 620 Westminster Dr, Franklin, TN 37067
620 Westminster Dr presents a rare duplex investment opportunity in the heart of Franklin, where multifamily properties seldom become available. Located just 5 minutes from Historic Downtown and 10 minutes from Cool Springs, this property sits in a highly desirable rental market with strong demand and long-term appreciation potential. Each unit features vaulted ceilings in the living room, hardwood floors, and functional layouts, with only cosmetic updates needed to maximize rental value and equity. Major systems have already been addressed, with both water heaters just 3 years old and both HVAC units 4 years old, reducing near-term capital expenses. All appliances remain, making this a true turnkey opportunity. Whether you're looking to expand your portfolio or house hack by living in one unit and renting the other, this duplex offers immediate income potential in one of Middle Tennessee's most sought-after zip codes...There will be no showings without an accepted offer due to tenants; please contact agent to discuss further!
Listing updated:
Zoned schools: Moore Elementary, Freedom Middle School, Centennial High School (verify current zoning with the district).
620 Westminster Dr presents a rare duplex investment opportunity in the heart of Franklin, where multifamily properties seldom become available. Located just 5 minutes from Historic Downtown and 10 minutes from Cool Springs, this property sits in a highly desirable rental market with strong demand and long-term appreciation potential. Each unit features vaulted ceilings in the living room, hardwood floors, and functional layouts, with only cosmetic updates needed to maximize rental value and equity. Major systems have already been addressed, with both water heaters just 3 years old and both HVAC units 4 years old, reducing near-term capital expenses. All appliances remain, making this a true turnkey opportunity. Whether you're looking to expand your portfolio or house hack by living in one unit and renting the other, this duplex offers immediate income potential in one of Middle Tennessee's most sought-after zip codes...There will be no showings without an accepted offer due to tenants; please contact agent to discuss further!
| LAST UPDATED | 4/3/2026 | TRACT | Heritage Place |
|---|---|---|---|
| YEAR BUILT | 1981 | COUNTY | Williamson |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Moore Elementary |
|---|---|
| Jr. High School | Freedom Middle School |
| High School | Centennial High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick |
| HEAT | Central |
| LOT | 0 |
| LOT DIMENSIONS | 102 X 147 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Heritage Place |
| TAXES | 4262 |
| UTILITIES | Water Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
Copyright 2026 MTRMLS, Inc.
Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this home
Status: this home is currently under contract, per RealTracs as of July 10, 2026.
620 Westminster Dr, Franklin, TN 37067 is a home in Franklin, TN 37067, offered at $550,000, about $287/sq ft across 1,914 sq ft.
At $287/sq ft, this home is about 12% below the Franklin 37067 median list price per square foot of $325.
Recently sold in Franklin 37067: 12 comparable homes from $436,880 to $765,000, a median of $308/sq ft; this listing at $287/sq ft is about 7% below recent sold prices.
All-in, about $3,349/mo at 20% down (6.57% 30-yr).
At the current 6.57% 30-year rate, principal and interest on this home runs about $2,801/mo; at the 6.29% rate of about three months ago it would be roughly $2,720/mo; monthly P&I is about $81 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $355/mo) and insurance (about $193/mo)) run about $548/mo, roughly 16% of the all-in monthly payment.
Price & sale history
- County assessment: $376,300 total appraised value (land $140,000 + improvements $236,300).
- Listed at $550,000, about 46% above the county total appraised value ($376,300), the mass-appraisal basis rather than a market appraisal.
Last sale & county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Franklin?
| Active listings | 7 |
|---|
As of (7 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Franklin 37067
At $287/sq ft, this home ranks in the 23rd percentile of the 918 active homes in Franklin 37067 by price per square foot.
Franklin 37067 trades about 10% below greater Franklin on a price-per-square-foot basis.
Computed by Grant Hammond from 918 active Franklin 37067 comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
Williamson County home prices by school zone
Closed single-family sales, trailing 24 monthsHomes zoned to Centennial High closed at a median of $765,000 ($306/sq ft) over the past 24 months, across 735 single-family sales. That is the sixth-highest price per square foot of Williamson County's 9 high-school zones, 4% below the $319/sq ft countywide median.
RealTracs closed single-family sales, trailing 24 months, grouped by high-school attendance zone. Assignment depends on the exact address and can change; verify with the district before making an offer. Analysis by Grant Hammond, data via RealTracs (IDX).
Financing 620 Westminster Dr, Franklin
The estimated monthly payment for 620 Westminster Dr, Franklin is about $3,349: a conforming 30-year mortgage at 6.569% with 20% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $2,801
- Property tax: $355
- Insurance (est.): $193
- Income to qualify: $143,518
- Cash to close: $126,500
- Equity at yr 5: $137,786
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-08.
Property tax is the actual annual amount reported on the listing for this property, not a list-price estimate. Insurance/PMI are estimates; rate is editable. Estimate only; not a loan offer.
Frequently asked questions
Is 620 Westminster Dr still for sale?
620 Westminster Dr is currently under contract as of 04-03-2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
How much does 620 Westminster Dr cost?
620 Westminster Dr is listed at $550,000, about $287 per square foot across 1,914 square feet (as of 04-03-2026).
What is the price per square foot for 620 Westminster Dr?
620 Westminster Dr is priced at $287 per square foot, 1,914 square feet at $550,000 (as of 04-03-2026).
Does 620 Westminster Dr have an HOA?
No. 620 Westminster Dr has no HOA dues, per the listing (as of 04-03-2026).
When was 620 Westminster Dr built?
620 Westminster Dr was built in 1981.
What are the property taxes on 620 Westminster Dr?
The annual property tax reported for 620 Westminster Dr is about $4,262 (as reported on the listing, as of 04-03-2026).
What is the estimated monthly payment for 620 Westminster Dr?
About $3,349 per month at 6.569% on a 30-year loan with 20% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 620 Westminster Dr?
620 Westminster Dr is zoned for Moore Elementary, Freedom Middle School, Centennial High School, per the listing. Verify current enrollment and zoning with the district.
Similar listings near Franklin 37067
- 1871 Brentwood Pointe Franklin, $549,000, 3 bd / 2.5 ba, 1,700 sq ft
- 745 Huffine Manor Cir Franklin, $554,700, 3 bd / 2.5 ba, 2,463 sq ft
- 189 Trinity Rd Franklin, $525,000
- 504 Autumn Springs Ct Franklin, $525,000
- 1306 Trenton Ln Franklin, $575,000, 3 bd / 2.5 ba, 2,166 sq ft
- 106 Mission Ct Franklin, $505,000
Explore Franklin real estate
In this area
Homes for sale by city
Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
