Property details
Description of 1519 Coleman Rd, Franklin, TN 37064
Set between historic Downtown Franklin and Leiper's Fork, this Williamson County property offers just over three acres of usable Tennessee land in one of the area's most sought-after rural corridors. The lot opens the door to a hobby farm, a custom build site, or a private homestead. The existing single-story home adds immediate utility, with septic already in place. Top-rated Williamson County schools, downtown Franklin's shops and dining, and the charm of Leiper's Fork are all minutes away. Current owner is also a builder and open to doing a custom build for the buyer. Reach out for more information!
Listing updated:
Zoned schools: Winstead Elementary School, Legacy Middle School, Independence High School (verify current zoning with the district).
Set between historic Downtown Franklin and Leiper's Fork, this Williamson County property offers just over three acres of usable Tennessee land in one of the area's most sought-after rural corridors. The lot opens the door to a hobby farm, a custom build site, or a private homestead. The existing single-story home adds immediate utility, with septic already in place. Top-rated Williamson County schools, downtown Franklin's shops and dining, and the charm of Leiper's Fork are all minutes away. Current owner is also a builder and open to doing a custom build for the buyer. Reach out for more information!
| LAST UPDATED | 6/8/2026 | TRACT | Mikus Daniel M |
|---|---|---|---|
| YEAR BUILT | 1974 | COUNTY | Williamson |
| STATUS | Conditional | PROPERTY TYPE(S) | Single Family |
| Elementary School | Winstead Elementary School |
|---|---|
| Jr. High School | Legacy Middle School |
| High School | Independence High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Washer |
| BASEMENT | None |
| CONSTRUCTION | Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Central |
| LOT | 3.05 acre(s) |
| LOT DIMENSIONS | 3.05 |
| PARKING | Attached |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Mikus Daniel M |
| TAXES | 2110 |
| UTILITIES | Water Available |
| 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
Status: this home is currently under contract, per RealTracs as of July 10, 2026.
1519 Coleman Rd, Franklin, TN 37064 is a 2-bedroom, 2-bath home in Franklin, TN 37064, offered at $950,000, about $707/sq ft across 1,344 sq ft.
Recently sold in Franklin 37064: 12 comparable homes from $625,000 to $1,300,000, a median of $339/sq ft; this listing at $707/sq ft is about 109% above recent sold prices.
All-in, about $5,347/mo at 20% down (6.57% 30-yr).
At the current 6.57% 30-year rate, principal and interest on this home runs about $4,838/mo; at the 6.29% rate of about three months ago it would be roughly $4,699/mo; monthly P&I is about $140 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $176/mo) and insurance (about $332/mo)) run about $508/mo, roughly 10% of the all-in monthly payment.
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 Franklin 37064
Its $707/sq ft places it above about 90% of the 2606 active homes in Franklin 37064 on a per-square-foot basis.
On a per-square-foot basis, Franklin 37064 runs roughly 11% above greater Franklin.
Computed by Grant Hammond from 2606 active Franklin 37064 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 1519 Coleman Rd, Franklin
The estimated monthly payment for 1519 Coleman Rd, Franklin is about $5,347: a conforming 30-year mortgage at 6.569% with 20% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $4,838
- Property tax: $176
- Insurance (est.): $332
- Income to qualify: $229,140
- Cash to close: $218,500
- Equity at yr 5: $237,994
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
Is 1519 Coleman Rd still for sale?
1519 Coleman Rd is currently under contract as of 06-08-2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
How much does 1519 Coleman Rd cost?
1519 Coleman Rd is listed at $950,000, about $707 per square foot across 1,344 square feet (as of 06-08-2026).
What is the price per square foot for 1519 Coleman Rd?
1519 Coleman Rd is priced at $707 per square foot, 1,344 square feet at $950,000 (as of 06-08-2026).
Does 1519 Coleman Rd have an HOA?
No. 1519 Coleman Rd has no HOA dues, per the listing (as of 06-08-2026).
How big is the lot for 1519 Coleman Rd?
1519 Coleman Rd sits on a 3.05-acre lot, measuring approximately 3.05 (per the listing).
Does 1519 Coleman Rd have a basement?
No. 1519 Coleman Rd has no basement, per the listing.
When was 1519 Coleman Rd built?
1519 Coleman Rd was built in 1974.
What are the property taxes on 1519 Coleman Rd?
The annual property tax reported for 1519 Coleman Rd is about $2,110 (as reported on the listing, as of 06-08-2026).
What is the estimated monthly payment for 1519 Coleman Rd?
About $5,347 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 1519 Coleman Rd?
1519 Coleman Rd is zoned for Winstead Elementary School, Legacy 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.
