540 Franklin Rd, Franklin, TN 37069
Active · $590,000
1.12 acres$526,786 /acreLot/Land/Acreage
MLS #3138637 · updated 2026-03-06 · listed with Adaro Realty
Active · $590,000
MLS #3138637 · updated 2026-03-06 · listed with Adaro Realty
1.12-acre homesite at 540 Franklin Rd in None, Franklin, $590,000 ($526,786/acre), by Adaro Realty.
540 Franklin Rd is a 1.12-acre homesite in Franklin, TN 37069, offered at $590,000.
Next step: ask Grant Hammond anything about 540 Franklin Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-03-06. RealTracs via IDX.
This is a vacant homesite (land silo), lot size, price per acre, and buildability are below; interior and residence data do not apply.
Bring your vision to a setting where charm meets privacy and convenience located in sought-after Franklin/Williamson County. With direct road access and ample space, this 1.12 acre lot is highlighted by a small creek adding a peaceful setting for your dream home. Rooted in the value of a great location, this property is convenient to shopping, dining, downtown Franklin as well as easy access to highways and Nashville area. No HOA! Whether you're planning to build now or invest for the future, this property is a unique find. Aerial and ground photos coming soon.
Listing remarks courtesy of Adaro Realty via RealTracs.
The evidence behind that pricing read:
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $590,000 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Williamson County rate |
Dated history for this listing, tracked by the GH Market Engine.
540 Franklin Rd sits in None, Franklin, Williamson County.
As of the latest update (2026-03-06), 540 Franklin Rd, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
540 Franklin Rd, Franklin is listed at $590,000, about $526,786 per acre across 1.12 acres.
1.12 acres (1.12 ac).
About $526,786 per acre.
540 Franklin Rd, Franklin is in the None subdivision of Franklin.
No HOA dues are reported for this homesite.
540 Franklin Rd, Franklin is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Complete reported fields for 540 Franklin Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 540 Franklin Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Adaro Realty. 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 single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
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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