Description of 127 Pennystone Cir, Franklin, TN 37067
BEST VALUE IN THE MEADE OF AVALON!!! Welcome to 127 Pennystone Circle in the gated community of Meade of Avalon , a beautifully maintained community known for its park-like setting and unbeatable location. This spacious 3-bedroom, 3.5-bath home offers an open-concept main level design. The thoughtfully updated interior features a renovated laundry room, a new water heater installed in 2026, and a large primary suite complete with an spacious bedroom and bath. With generous living spaces and a functional layout, this home is ideal as a full-time residence or a convenient lock-and-leave getaway. Enjoy easy access to the community pool and clocktower, while the HOA handles all exterior maintenance for truly low-maintenance living. Residents of Meade of Avalon also enjoy direct connectivity to Smith Park and Brentwood's extensive trail system, perfect for walking, biking, and enjoying the outdoors. Located in a highly sought-after school zone including Clovercroft Elementary, Woodland Middle, and Ravenwood High School, this home offers both lifestyle and location in one exceptional package. This is a must-see opportunity in one of Franklin's most desirable gated communities!
Listing updated: 6/9/2026
BEST VALUE IN THE MEADE OF AVALON!!! Welcome to 127 Pennystone Circle in the gated community of Meade of Avalon "” a beautifully maintained community known for its park-like setting and unbeatable location. This spacious 3-bedroom, 3.5-bath home offers an open-concept main level design. The thoughtfully updated interior features a renovated laundry room, a new water heater installed in 2026, and a large primary suite complete with an spacious bedroom and bath. With generous living spaces and a functional layout, this home is ideal as a full-time residence or a convenient lock-and-leave getaway. Enjoy easy access to the community pool and clocktower, while the HOA handles all exterior maintenance for truly low-maintenance living. Residents of Meade of Avalon also enjoy direct connectivity to Smith Park and Brentwood's extensive trail system, perfect for walking, biking, and enjoying the outdoors. Located in a highly sought-after school zone including Clovercroft Elementary, Woodland Middle, and Ravenwood High School, this home offers both lifestyle and location in one exceptional package. This is a must-see opportunity in one of Franklin's most desirable gated communities!
| LAST UPDATED | 6/9/2026 | TRACT | Avalon Sec 4 |
|---|---|---|---|
| YEAR BUILT | 2006 | GARAGE SPACES | 2.0 |
| COUNTY | Williamson | STATUS | Conditional |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Clovercroft Elementary School |
|---|---|
| Jr. High School | Woodland Middle School |
| High School | Ravenwood High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Maintenance Structure |
| APPLIANCES | Built-In Electric Oven, Electric Range |
| BASEMENT | None |
| CONSTRUCTION | Stone |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 585 |
| INTERIOR | Entrance Foyer, Pantry |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 25 X 142 |
| PARKING | Garage Door Opener, Alley Access |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Avalon Sec 4 |
| TAXES | 2636 |
| UTILITIES | Water Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
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Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this condo
Status: this condo is currently under contract, per RealTracs as of July 3, 2026.
127 Pennystone Cir, Franklin, TN 37067 is a 3-bedroom, 3.5-bath condo in Franklin, TN 37067, offered at $709,000, about $272/sq ft across 2,611 sq ft.
At $272/sq ft, this condo is about 16% below the Franklin 37067 median list price per square foot of $325.
Recently sold at Avalon Sec 4: 4 comparable homes from $675,000 to $915,000, a median of $263/sq ft; this listing at $272/sq ft is about 4% above recent sold prices.
All-in, about $4,528/mo at 20% down (6.47% 30-yr).
At the current 6.47% 30-year rate, principal and interest on this condo runs about $3,575/mo; at the 6.34% rate of about three months ago it would be roughly $3,527/mo; monthly P&I is about $48 higher now.
Beyond principal and interest, the recurring carrying costs on this condo (property tax (about $220/mo), insurance (about $148/mo), and HOA (about $585/mo)) run about $952/mo, roughly 21% of the all-in monthly payment.
Price & sale history
- Last sold for $333,170 in February 2007. Listed at $709,000, about 113% above the last recorded sale.
- County assessment: $452,100 total appraised value (land $85,000 + improvements $367,100).
- Listed at $709,000, about 57% above the county total appraised value ($452,100), 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 37067 homes: a seller's market as of 06-30-2026. About 12.3 months of supply, 100% sale-to-list.
| Active listings | 299 |
|---|---|
| Median list price | $1,217,787 |
| Median $/sqft (list) | $325 |
| Median closed price | $799,000 |
| Sale-to-list | 100% |
| Months of supply | 12.3 |
As of 06-30-2026 (299 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this condo compares in Avalon
At $272/sq ft, this condo ranks in the 11th percentile of the 30 active condos in Avalon by price per square foot.
Computed by Grant Hammond from 30 active Avalon comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
What units sell for in Avalon Sec 4, by size
Median closed price and price per square foot by unit size in Avalon Sec 4, from the last 12 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 2 BR | $692,500 | $271 | 3 |
| 4+ BR | $989,000 | $301 | 67 |
Computed by Grant Hammond from recorded sales in Avalon Sec 4 over the last 12 months (RealTracs via IDX). Analysis, not an appraisal.
Financing 127 Pennystone Cir, Franklin
The estimated monthly payment for 127 Pennystone Cir, Franklin is about $4,528: a conforming 30-year mortgage at 6.474% with 20% down, including property tax, insurance, and HOA. Estimate only; not a loan offer or appraisal.
- Principal & interest: $3,575
- Property tax: $220
- Insurance (est.): $148
- HOA: $585
- Income to qualify: $194,047
- Cash to close: $163,070
- Equity at yr 5: $178,198
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-01.
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 127 Pennystone Cir still for sale?
127 Pennystone Cir is currently under contract as of 06-09-2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
How much does 127 Pennystone Cir cost?
127 Pennystone Cir is listed at $709,000, about $272 per square foot across 2,611 square feet (as of 06-09-2026).
What is the price per square foot for 127 Pennystone Cir?
127 Pennystone Cir is priced at $272 per square foot, 2,611 square feet at $709,000 (as of 06-09-2026).
What are the HOA dues for 127 Pennystone Cir?
HOA dues for 127 Pennystone Cir are $585 per month, as listed (as of 06-09-2026).
Does 127 Pennystone Cir have a garage?
Yes. 127 Pennystone Cir has a garage, per the listing.
Does 127 Pennystone Cir have a basement?
No. 127 Pennystone Cir has no basement, per the listing.
When was 127 Pennystone Cir built?
127 Pennystone Cir was built in 2006.
What are the property taxes on 127 Pennystone Cir?
The annual property tax reported for 127 Pennystone Cir is about $2,636 (as reported on the listing, as of 06-09-2026).
What is the estimated monthly payment for 127 Pennystone Cir?
About $4,528 per month at 6.474% 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 127 Pennystone Cir?
127 Pennystone Cir is zoned for Clovercroft Elementary School, Woodland Middle School, Ravenwood 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 seller's market, with about 12.3 months of supply, 100% sale-to-list. The median list price is around $1,217,787 (as of 06-30-2026, RealTracs via IDX).
Similar listings near Franklin 37067
- 250 Pennystone Cir Franklin, $729,900, 4 bd / 3.5 ba, 2,659 sq ft
- 1102 French Town Ln Franklin, $765,000, 3 bd / 2.5 ba, 2,341 sq ft
- 268 Pennystone Cir Franklin, $779,000, 4 bd / 3 ba, 2,659 sq ft
- 9554l Cloverrcroft Rd Franklin, $625,000
- 3803 N Chapel Rd Franklin, $795,000
- 745 Huffine Manor Cir Franklin, $554,700, 3 bd / 2.5 ba, 2,463 sq ft
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
