242 Rich Cir, Franklin, TN 37064
242 Rich Cir, Franklin, TN 37064, Active at $1,025,000 ($306/sq ft). 5 bd · 4 ba · 3,351 sqft · $306/sqft · 0.22 ac.
242 Rich Cir, Franklin, TN 37064, Active at $1,025,000 ($306/sq ft). 5 bd · 4 ba · 3,351 sqft · $306/sqft · 0.22 ac.
Active · $1,025,000
MLS #3182915 · updated 2026-07-06 · listed with Compass RE
5-bed, 4-bath home at 242 Rich Cir in Highlands @ Ladd Park Sec19, Franklin, 3,351 sqft, $1,025,000 ($306/sqft), by Compass RE.
242 Rich Cir is a 5-bedroom, 4-bath home in Franklin, TN 37064, offered at $1,025,000, about $306/sq ft across 3,351 sq ft.
At $306/sq ft, this home is about 23% below the Franklin 37064 median list price per square foot of $400.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Creekside Elementary School, 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 242 Rich Cir (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-06. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $306 | $400 median | - |
| Price position | 20th 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 $306/sq ft falls in the 20th 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 242 Rich Cir at $1,025,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,025,000 |
|---|---|
| HOA dues | $115 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $628,200 trails the $1,025,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,507 now to roughly $4,090 (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.
242 Rich Cir sits in Highlands @ Ladd Park Sec19, 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.
242 Rich Cir is zoned for Creekside Elementary School, 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.
As of the latest update (2026-07-06), 242 Rich Cir, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
242 Rich Cir, Franklin is listed at $1,025,000, about $306 per square foot across 3,351 square feet.
5 bedrooms and 4 ba.
About $306 per square foot ($1,025,000 across 3,351 sqft).
242 Rich Cir, Franklin was built in 2019.
Yes, 3 garage spaces, per the listing.
HOA dues are $115 per month, as listed.
242 Rich Cir, Franklin is in the Highlands @ Ladd Park Sec19 subdivision of Franklin.
242 Rich Cir, Franklin is zoned for Creekside Elementary School, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 242 Rich Cir, 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 $306 per square foot, 242 Rich Cir, Franklin ranks in the 20th percentile of active Franklin 37064 listings by price per square foot, roughly 23% below 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 242 Rich Cir (reference).
Get the full details, recent comparable sales, and any off-market options for 242 Rich Cir - 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
Thinking of selling in Highlands @ Ladd Park Sec19?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.