Property details
Description of 3197 Bush Dr, Franklin, TN 37064
This beautiful and updated home on a spacious lot, surrounded by gorgeous trees; boasts over 2600sf and has wonderful, cozy spaces. Walkable to both historic downtown Franklin and Jim Warren Park! The main level primary suite faces the quiet backyard and has a renovated ensuite bathroom with a large walk-in shower and walk-in closet. Upstairs are 3 generously sized bedrooms, one that can make a great flex space, and a full-bath. With neighbors only on one side of the home, mature trees lining the other side and green space behind the home, the home setting offers a retreat-like feel. Many updates include a new roof (2023), newer HVAC, new water heater, newer appliances, lighting fixtures, beautiful LVP floors, and more. A long driveway with a side-entry two-car garage offers ample parking! Neighborhood amenities include a community pool, multiple catch-and-release fishing ponds, a new playground, and various HOA-sponsored activities throughout the year. A very special home in a special place! Ask about a special lender incentives through The Lending Collective.
Listing updated:
Zoned schools: Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School (verify current zoning with the district).
This beautiful and updated home on a spacious lot, surrounded by gorgeous trees; boasts over 2600sf and has wonderful, cozy spaces. Walkable to both historic downtown Franklin and Jim Warren Park! The main level primary suite faces the quiet backyard and has a renovated ensuite bathroom with a large walk-in shower and walk-in closet. Upstairs are 3 generously sized bedrooms, one that can make a great flex space, and a full-bath. With neighbors only on one side of the home, mature trees lining the other side and green space behind the home, the home setting offers a retreat-like feel. Many updates include a new roof (2023), newer HVAC, new water heater, newer appliances, lighting fixtures, beautiful LVP floors, and more. A long driveway with a side-entry two-car garage offers ample parking! Neighborhood amenities include a community pool, multiple catch-and-release fishing ponds, a new playground, and various HOA-sponsored activities throughout the year. A very special home in a special place! Ask about a special lender incentives through The Lending Collective.
| LAST UPDATED | 4/25/2026 | TRACT | Spencer Hall Sec 5 |
|---|---|---|---|
| YEAR BUILT | 2000 | GARAGE SPACES | 2.0 |
| COUNTY | Williamson | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Pearre Creek Elementary School |
|---|---|
| Jr. High School | Hillsboro Elementary/ Middle School |
| High School | Independence High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds |
| APPLIANCES | Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Stainless Steel Appliance(s) |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 80 |
| INTERIOR | Ceiling Fan(s), High Ceilings, Walk-In Closet(s) |
| LOT | 9148 sq ft |
| LOT DIMENSIONS | 99 X 110 |
| PARKING | Garage Faces Side, Driveway, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Spencer Hall Sec 5 |
| TAXES | 3009 |
| UTILITIES | Water Available, Underground Utilities |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
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Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this home
3197 Bush Dr, Franklin, TN 37064 is a 4-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $775,000, about $294/sq ft across 2,636 sq ft.
At $294/sq ft, this home is about 26% below the Franklin 37064 median list price per square foot of $400.
Recently sold in Franklin 37064: 12 comparable homes from $610,000 to $1,065,000, a median of $334/sq ft; this listing at $294/sq ft is about 12% below recent sold prices.
All-in, about $4,549/mo at 20% down (6.57% 30-yr).
At the current 6.57% 30-year rate, principal and interest on this home runs about $3,947/mo; at the 6.29% rate of about three months ago it would be roughly $3,833/mo; monthly P&I is about $114 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $251/mo), insurance (about $271/mo), and HOA (about $80/mo)) run about $602/mo, roughly 13% of the all-in monthly payment.
Price & sale history
- Last sold for $285,500 in October 2013.
- County assessment: $473,100 total appraised value (land $105,000 + improvements $368,100).
- Listed at $775,000, about 64% above the county total appraised value ($473,100), 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?
Franklin 37064 homes: a buyer's market as of 07-09-2026. About 15 months of supply, 98.3% sale-to-list.
| Active listings | 910 |
|---|---|
| Median list price | $1,250,000 |
| Median $/sqft (list) | $400 |
| Homes closed (12-mo) | 365 |
| Median closed price | $970,000 |
| Average closed price | $1,213,359 |
| Sale-to-list | 98.3% |
| Months of supply | 15 |
As of (910 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Spencer Hall
At $294/sq ft, this home ranks in the 50th percentile of the 18 active homes in Spencer Hall by price per square foot.
Spencer Hall trades about 25% below the Franklin 37064 area on a price-per-square-foot basis.
Computed by Grant Hammond from 18 active Spencer Hall 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 Independence High closed at a median of $999,999 ($338/sq ft) over the past 24 months, across 1,671 single-family sales. That is the fourth-highest price per square foot of Williamson County's 9 high-school zones, 6% above 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 3197 Bush Dr, Franklin
The estimated monthly payment for 3197 Bush Dr, Franklin is about $4,549: a conforming 30-year mortgage at 6.569% with 20% down, including property tax, insurance, and HOA. Estimate only; not a loan offer or appraisal.
- Principal & interest: $3,947
- Property tax: $251
- Insurance (est.): $271
- HOA: $80
- Income to qualify: $194,957
- Cash to close: $178,250
- Equity at yr 5: $194,153
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
How much does 3197 Bush Dr cost?
3197 Bush Dr is listed at $775,000, about $294 per square foot across 2,636 square feet (as of 04-25-2026).
What is the price per square foot for 3197 Bush Dr?
3197 Bush Dr is priced at $294 per square foot, 2,636 square feet at $775,000 (as of 04-25-2026).
What are the HOA dues for 3197 Bush Dr?
HOA dues for 3197 Bush Dr are $80 per month, as listed (as of 04-25-2026).
Does 3197 Bush Dr have a garage?
Yes. 3197 Bush Dr has a garage, per the listing.
Does 3197 Bush Dr have a basement?
No. 3197 Bush Dr is built on a crawl space (no basement), per the listing.
When was 3197 Bush Dr built?
3197 Bush Dr was built in 2000.
What are the property taxes on 3197 Bush Dr?
The annual property tax reported for 3197 Bush Dr is about $3,009 (as reported on the listing, as of 04-25-2026).
What is the estimated monthly payment for 3197 Bush Dr?
About $4,549 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 3197 Bush Dr?
3197 Bush Dr is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School, per the listing. Verify current enrollment and zoning with the district.
Is Franklin a buyer's or seller's market?
Franklin is currently a buyer's market, with about 15 months of supply, 98.3% sale-to-list. The median list price is around $1,250,000 (as of 07-09-2026, RealTracs via IDX).
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
