503 Norman Park Ct, Franklin, TN 37067
503 Norman Park Ct, Franklin, TN 37067, Pending at $974,900 ($280/sq ft). 5 bd · 4 ba · 3,480 sqft · $280/sqft · 0.28 ac.
503 Norman Park Ct, Franklin, TN 37067, Pending at $974,900 ($280/sq ft). 5 bd · 4 ba · 3,480 sqft · $280/sqft · 0.28 ac.
Pending · $974,900
MLS #3156004 · listed March 16, 2026 · 168 days on market · updated August 6, 2026
5-bed, 4-bath home at 503 Norman Park Ct in Hurstbourne Park Sec 2, Franklin, 3,480 sqft, $974,900 ($280/sqft), by Adaro Realty.
Status: this home is currently under contract, per RealTracs as of August 6, 2026.
503 Norman Park Ct is a 5-bedroom, 4-bath home in Franklin, TN 37067, offered at $974,900, about $280/sq ft across 3,480 sq ft.
At $280/sq ft, this home is about 14% below the Franklin 37067 median list price per square foot of $324.
Market read: the Franklin 37067 homes market is balanced, at about 3.7 months of inventory.
All-in, about $6,040/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 $950/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 $5,090/mo; at the 6.56% rate of about three months ago it would be roughly $4,960/mo, so monthly P&I is about $130 higher now.
School zone: assigned to Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 503 Norman Park Ct (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.
The sellers said, SELL! MOVE TO FRANKLIN FOR WELL UNDER $1M & LIVE IN PRESTIGIOUS, TREE LINED HURSTBOURNE PARK! Nestled on a cul-de-sac, this exceptional property is ideally located just minutes from shopping, top-rated schools, popular restaurants, picturesque downtown Franklin, and access to I-65. The main level features two bedrooms, including a spacious primary suite complete with a walk-in custom closet & en-suite. From the moment you enter the home, you?ll notice the abundance of natural light flooding the space, open floor plan, and high end Duravana Hybrid floors that extend throughout. The stylish chef's kitchen features an oversized island, butler?s pantry, a gas stove, walk-in pantry,under cabinet lighting & views of the professionally designed backyard. Stepping into the private, tree-lined backyard, you?ll find an expansive 350 sq/ft covered, screened in back porch which is perfect for entertaining guests or relaxing, as well as a custom patio and firepit. Other recent upgrades to the home include a new roof, encapsulated crawlspace, water heater installed within the last 3 years, fresh paint throughout, custom bookshelves in the loft/bonus room, custom Murphy beds for guests, a new water pump and a whole-house humidifier. Growing or multi-generational families will love the flexibility of the fifth bedroom with attached bonus space for a second level ?suite? that could be used for a second home office, dressing room, or temperature-controlled storage. The possibilities are endless. Designed with an open concept layout, this home seamlessly connects its indoor living areas to the inviting outdoor spaces, creating a harmonious flow ideal for entertaining guests or simply enjoying quality time with family. This home is a rare find for under $1m in a gorgeous Drees neighborhood located within just minutes of coveted amenities and Williamson County schools. Bring us an offer!
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 503 Norman Park Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $974,900 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 503 Norman Park Ct at $974,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $974,900 |
|---|---|
| HOA dues | $151 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 503 Norman Park Ct is about $6,040/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $5,090, estimated property tax $324, homeowners insurance $475, and HOA dues $151. Estimate only; not a loan offer.
| Principal & interest | $5,090/mo |
|---|---|
| Property tax (est.) | $324/mo |
| Homeowners insurance (est.) | $475/mo |
| HOA dues | $151/mo |
| Estimated total | $6,040/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% | $4,581/mo | $5,531/mo | -$509/mo |
| 6.31% | $4,833/mo | $5,783/mo | -$257/mo |
| 6.81% | $5,090/mo | $6,040/mo | current |
| 7.31% | $5,352/mo | $6,302/mo | +$262/mo |
| 7.81% | $5,620/mo | $6,570/mo | +$530/mo |
Principal & interest on a 30-year fixed at 20% down ($779,920 loan), with property tax, insurance, and HOA held constant at $950/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 503 Norman Park Ct runs about $6,040/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.
The Williamson County appraised value of $669,100 trails the $974,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,670 now to roughly $3,890 (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.
| Metric | This home | Franklin 37067 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $280 | $324 median | - |
| Price position | 14th pctile | -14% vs median | - |
| Franklin 37067 vs greater Franklin | - | -11% | - |
This listing beside the active Franklin 37067 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
Among the 239 active homes in Franklin 37067, this home at $280/sq ft falls in the 14th percentile on price per square foot.
Franklin 37067 trades about 11% below greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Franklin 37067.
Computed by Grant Hammond from 239 Franklin 37067 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 | 103 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 27.8 sales / mo |
| Months of inventory | 3.7 months, a balanced market |
Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source RealTracs via IDX, as of August 29, 2026.
503 Norman Park Ct sits in Hurstbourne Park Sec 2, Franklin, Williamson County.
In Franklin 37067, homes there are priced around $324 per square foot; inventory in Franklin 37067 homes is running at about 3.7 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 18 miles from downtown Nashville (straight-line distance).
503 Norman Park Ct 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.
Get the full details, recent comparable sales, and any off-market options for 503 Norman Park Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 503 Norman Park Ct, by price and size.
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.
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), 503 Norman Park Ct, Franklin is pending, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
503 Norman Park Ct, Franklin is listed at $974,900, about $280 per square foot across 3,480 square feet.
5 bedrooms and 4 bathrooms.
About $280 per square foot ($974,900 across 3,480 sqft).
503 Norman Park Ct, Franklin was built in 2013.
Yes, 2 garage spaces, per the listing.
HOA dues are $151 per month, as listed.
503 Norman Park Ct, Franklin is in the Hurstbourne Park Sec 2 subdivision of Franklin.
About $6,040 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $5,090, estimated property tax $324, insurance $475, and HOA $151. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
503 Norman Park Ct, 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.
Pets are permitted at 503 Norman Park Ct, 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, 503 Norman Park Ct, 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 $280 per square foot, 503 Norman Park Ct, Franklin ranks in the 14th percentile of active Franklin 37067 listings by price per square foot, roughly 14% below the Franklin 37067 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37067 homes market is currently balanced, at about 3.7 months of inventory, per RealTracs as of 2026-08-29.
Thinking of selling in Hurstbourne Park Sec 2?
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