501 Murfreesboro Rd, Franklin, TN 37064
501 Murfreesboro Rd, Franklin, TN 37064, Conditional at $4,750,000 ($826/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 5,751 sqft · $826/sqft · 5.08 ac.
501 Murfreesboro Rd, Franklin, TN 37064, Conditional at $4,750,000 ($826/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 5,751 sqft · $826/sqft · 5.08 ac.
Conditional · $4,750,000
MLS #3180135 · updated 2026-05-02 · listed with Compass RE
5-bed, 5.5-bath home at 501 Murfreesboro Rd in Franklin, Franklin, 5,751 sqft, $4,750,000 ($826/sqft), by Compass RE.
501 Murfreesboro Rd is a 5-bedroom, 5.5-bath home in Franklin, TN 37064, offered at $4,750,000, about $826/sq ft across 5,751 sq ft.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Liberty Elementary, Freedom Intermediate, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 501 Murfreesboro Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-05-02. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Rare opportunity to own a beautifully renovated estate on 5+ acres just moments from Downtown Franklin. This exceptional property sits just steps from Pinkerton Park, with direct backyard access to the trail system that connects all the way into historic downtown Franklin. The chef's kitchen is a true centerpiece, reimagined with custom rift-sawn white oak cabinetry, Cristallo quartzite countertops and backsplash, and an oversized waterfall island. Premium appliances include a 48-inch Wolf gas range with double oven, paneled Sub-Zero column refrigerator and freezer, a Sonic ice machine, and a concealed pop-up vent hood. The adjacent custom bar features Cipollino Gray marble and bespoke iron shelving with glass accents. A fully outfitted butler' pantry adds even more functionality, complete with custom cabinetry. Throughout the home, extensive improvements enhance both form and function, including all-new antique white oak flooring on the main level, new HVAC venting, a whole-home water filtration and softening system, integrated speaker system, new alarm system, oversized new windows, and upgraded structural supports with steel girders. Outdoor living is equally exceptional. The property features a fully established raised-bed kitchen garden, a custom-built greenhouse with rainwater collection, and thoughtfully improved drainage systems. A three-season screened porch with remote-controlled screens and ceiling-mounted heaters overlooks expansive, level lawn and a gently flowing creek, creating a private retreat just minutes from town. Exterior updates include a 3 car garage and extensive new landscaping with mature trees. Additional separate structure with exposed beams and brick offers an ideal space for a private office, studio, or flex use.
Listing remarks courtesy of Compass RE via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $826 | $400 median | - |
| Price position | 90th pctile | +9% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Analysis, not an appraisal.
Among the active homes in Franklin 37064, this home at $826/sq ft falls in the 90th percentile on price per square foot.
Franklin 37064 trades about 9% above greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
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). Analysis, not an appraisal.
| Active listings | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
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 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 501 Murfreesboro Rd at $4,750,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $4,750,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $2,255,600 trails the $4,750,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $9,000 now to roughly $18,953 (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.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
501 Murfreesboro Rd sits in Franklin, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $400 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
501 Murfreesboro Rd is zoned for Liberty Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-05-02), 501 Murfreesboro Rd, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
501 Murfreesboro Rd, Franklin is listed at $4,750,000, about $826 per square foot across 5,751 square feet.
5 bedrooms and 5.5 ba (5 full, 1 half).
About $826 per square foot ($4,750,000 across 5,751 sqft).
501 Murfreesboro Rd, Franklin was built in 1870.
Yes, 3 garage spaces, per the listing.
No HOA dues are reported for this home.
501 Murfreesboro Rd, Franklin is in the Franklin subdivision of Franklin.
501 Murfreesboro Rd, Franklin is zoned for Liberty Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 501 Murfreesboro Rd, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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 $826 per square foot, 501 Murfreesboro Rd, Franklin ranks in the 90th percentile of active Franklin 37064 listings by price per square foot, roughly 107% above the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 501 Murfreesboro Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 501 Murfreesboro Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Compass RE. 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 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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