321 Billingsly Ct, Franklin, TN 37067

$4,000Active
Year built
2005
Property type
Commercial
County
Williamson County

Description of 321 Billingsly Ct, Franklin, TN 37067

Unit #17

Listing updated: 5/4/2026


Unit #17

LAST UPDATED 5/4/2026 YEAR BUILT 2005
COUNTY Williamson STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR None
HEAT None
LOT 1307 sq ft
LOT DIMENSIONS 0.03
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

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321 Billingsly Ct, Franklin, TN 37067, Franklin - listing photo 1

About this property

The quick read

321 Billingsly Ct, Franklin, TN 37067 is a property in Franklin, TN 37067, offered at $4,000.

Analysis by Grant Hammond, Compass RE · figures as of June 2026 · RealTracs, Williamson County

How is it priced in Franklin?

Franklin 37067 homes: a buyer's market as of 2026-06-26. About 16.4 months of supply.

Active listings289
Median list price$1,112,450
Median $/sqft (list)$322
Homes sold (6-mo)106
Median sold price$1,300,000
Months of supply16.4

As of 2026-06-26 (289 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.

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Financing this property

Five-plus-unit and commercial properties are financed with a commercial loan, not a conforming 30-year mortgage: DSCR-underwritten, typically 20-30% down on a 20-25-year amortization (often a 5/7/10-year term), and qualified on net operating income (NOI), not personal income. Ask Grant Hammond about financing and to request the rent roll and operating statement.

Frequently asked questions

Can you short-term rent 321 Billingsly Ct?

321 Billingsly Ct is in Franklin (Williamson County), not Metro Nashville, so Nashville's short-term-rental permit program does not apply here. Williamson County and the City of Franklin set their own short-term-rental rules; verify the current local ordinance before counting on STR use.

How is 321 Billingsly Ct financed?

Five-plus-unit and commercial properties use a commercial loan -- commonly DSCR-underwritten on the property's net operating income, typically with 20-30% down on a 20-25-year amortization -- not a conforming 30-year mortgage. Contact Grant Hammond, Compass RE, about financing.

What is the cap rate or rent roll for 321 Billingsly Ct?

Cap rate, net operating income, and gross rent multiplier depend on the current rents and operating expenses, which are not included in the public listing data. Contact Grant Hammond, Compass RE, for the rent roll and operating statement.

How much does 321 Billingsly Ct cost?

321 Billingsly Ct is listed at $4,000 (as of 5/4/2026).

When was 321 Billingsly Ct built?

321 Billingsly Ct was built in 2005.

Is Franklin a buyer's or seller's market?

Franklin is currently a buyer's market, with about 16.4 months of supply. The median list price is around $1,112,450 (as of 2026-06-26, RealTracs via IDX).

Explore Franklin real estate

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