4073 New Highway 96 W, Franklin, TN 37064
4073 New Highway 96 W, Franklin, TN 37064, Active at $2,500,000 ($603/sq ft). 4 bd · 3.5 ba (3 full, 1 half) · 4,148 sqft · $603/sqft · 12.29 ac.
4073 New Highway 96 W, Franklin, TN 37064, Active at $2,500,000 ($603/sq ft). 4 bd · 3.5 ba (3 full, 1 half) · 4,148 sqft · $603/sqft · 12.29 ac.
Active · $2,500,000
MLS #3164317 · listed October 2, 2025 · 389 days on market · updated April 3, 2026
4-bed, 3.5-bath home at 4073 New Highway 96 W, Franklin, 4,148 sqft, $2,500,000 ($603/sqft), by United Country Real Estate Leipers Fork.
4073 New Highway 96 W is a 4-bedroom, 3.5-bath home in Franklin, TN 37064, offered at $2,500,000, about $603/sq ft across 4,148 sq ft.
At $603/sq ft, this home is about 57% above the Franklin 37064 median list price per square foot of $383.
Recently sold in Franklin 37064: 237 comparable homes from $1,625,000 to $3,375,000, a median of $492/sq ft; this listing at $603/sq ft is about 23% above recent sold prices.
Market read: the Franklin 37064 homes market is balanced as of October 26, 2026, at about 3.8 months of inventory; recent sales have closed near 98.9% of list in the 12 months to October 27, 2026.
All-in, about $15,804/mo at 20% down (7.60% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $1,683/mo, roughly 11% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this home runs about $13,752/mo; at the 6.76% rate of about three months ago it would be roughly $12,985/mo, so monthly P&I is about $767 higher now.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 4073 New Highway 96 W (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of April 3, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Nestled along a picturesque creek, this beautiful 12.29-acre property offers the perfect blend of space, privacy, and comfort, ideal for those seeking a true Tennessee lifestyle. With room to roam, explore, and enjoy the outdoors, the setting is both peaceful and family-friendly. The 4-bedroom, 3.5-bath home features 4,148 sq ft of well-designed living space, with all bedrooms conveniently located upstairs and expansive living and entertaining areas on the main level. A full lower-level rebuild in 2011 provides a solid and updated foundation, while the primary bath was completely renovated in 2023 with modern finishes. Barn is 4300 sq ft Concrete floor except for back left corner a 12 X 16 area which could make a horse stall. Electrics ran and lighting 2 floors 100 percent cedar all 2 x 4 and 2 x 8's and 10's Outdoor living is a standout feature, highlighted by a large wraparound deck overlooking the creek, perfect for relaxing, entertaining, and taking in the natural surroundings. The property offers abundant usable land and direct access to the water, creating endless opportunities for recreation and enjoyment. A rare opportunity to own acreage, waterfrontage, and a thoughtfully updated home just minutes from Franklin.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 4073 New Highway 96 W (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Off market | |||
| Listed | $2,500,000 | ||
| Deed recorded | $155,000 |
Listed October 2, 2025, this listing was on the market 389 days before it left the market.
Estimated monthly ownership for 4073 New Highway 96 W at $2,500,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $2,500,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 4073 New Highway 96 W is about $15,804/mo, 20% down on a 30-year fixed at 7.60% (a jumbo loan), including principal & interest $14,121, estimated property tax $816, homeowners insurance $867. Estimate only; not a loan offer.
| Principal & interest | $14,121/mo |
|---|---|
| Property tax (est.) | $816/mo |
| Homeowners insurance (est.) | $867/mo |
| Estimated total | $15,804/mo |
Assumes 20% down, 30-year fixed at 7.60% (Mortgage News Daily, as of October 26, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) 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 |
|---|---|---|---|
| 6.60% | $12,773/mo | $14,456/mo | -$1,348/mo |
| 7.10% | $13,441/mo | $15,124/mo | -$680/mo |
| 7.60% | $14,121/mo | $15,804/mo | current |
| 8.10% | $14,815/mo | $16,498/mo | +$694/mo |
| 8.60% | $15,520/mo | $17,203/mo | +$1,399/mo |
Principal & interest on a 30-year fixed at 20% down ($2,000,000 loan), with property tax, insurance held constant at $1,683/mo. Current 30-year fixed 7.60% (Mortgage News Daily, as of October 26, 2026). Estimate only; not a loan offer.
Owning 4073 New Highway 96 W runs about $15,804/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 | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $603 | $383 median | - |
| Price position | 79th pctile | +57% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
Among the active homes in Franklin 37064, this home at $603/sq ft falls in the 79th percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 27, 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 | 396 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 104.2 sales / mo |
| Months of inventory | 3.8 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 homes sold at about 98.9% of list price.
Recorded sales in Franklin 37064 homes: 1167 in the past 12 months.
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source Realtracs via IDX, as of October 26, 2026.
4073 New Highway 96 W sits in Franklin, Williamson County.
In Franklin 37064, homes there are priced around $383 per square foot; inventory in Franklin 37064 homes is running at about 3.8 months, a balanced market; recent sales closed near 98.9% of list price; 237 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
Approximately 17 miles from downtown Nashville (straight-line distance).
4073 New Highway 96 W is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin 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 4073 New Highway 96 W - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 4073 New Highway 96 W, by price and size.
Listed by Cindy Garvey, United Country Real Estate Leipers Fork. 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.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
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.
As of the latest update (April 3, 2026), 4073 New Highway 96 W, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
4073 New Highway 96 W was listed on October 2, 2025 and left the market on October 26, 2026, after 389 days on the market, per Realtracs.
No. The asking price has been $2,500,000 since it was listed on October 2, 2025.
4073 New Highway 96 W, Franklin is listed at $2,500,000, about $603 per square foot across 4,148 square feet.
4 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $603 per square foot ($2,500,000 across 4,148 sqft).
4073 New Highway 96 W, Franklin was built in 1976.
No garage is reported in the listing.
No HOA dues are reported for this home.
No subdivision is reported.
About $15,804 a month with 20% down on a 30-year fixed at 7.60%, principal and interest $14,121, estimated property tax $816, insurance $867. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
4073 New Highway 96 W, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 4073 New Highway 96 W, 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 and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $603 per square foot, 4073 New Highway 96 W, Franklin ranks in the 79th percentile of active Franklin 37064 listings by price per square foot, roughly 57% above the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $492 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 homes market is currently balanced, at about 3.8 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of October 26, 2026.
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