Property details
Description of 301 Mercury Dr, Franklin, TN 37064
Iconic Castle Inspired Home with Timeless Charm and a POOL! Nestled on one of Downtown Franklin's most generous lots, in a highly sought after area, walking distance to Historic Main St. This stunning 5-bedroom, 3.5-bathroom residence is a rare find. From the moment you arrive, you'll be captivated by its grand entrance with a striking curved staircase. A wide hallway with Brazilian Cherry hardwood floors, a commanding dining room all leading to the heart of the home, a spacious, open-concept living area. The kitchen boasts 2 ovens, dishwashers, and sinks, a large central island, and an eat-in space that easily accommodates a 6 seat table. Flowing seamlessly into a sunlit living room with a double-sided fireplace. Arched doorways welcome you to the sunroom - a peaceful retreat you may never want to leave! Two bedrooms are located on the main floor (or use as an office). A bonus room is located above the garage - once a soundproof recording studio, perfect for music lovers, as a theater room. On the second floor, the luxurious primary suite offers a private walk-out terrace, ideal for morning coffee or evening sunsets. Plus 2 additional large bedrooms - all with walk-in closets. A 2nd laundry room. A full storage room. Situated on almost half an acre with a fully fenced backyard. Enjoy your own oasis with one of only a dozen SWIMMING POOLS in the downtown core, a large patio with pergola, flower beds, and multi seating areas. A Kitchen garden, utility shed and so much more. Fresh paint. New lighting throughout. BRAND NEW Roof (Dec '25)! New Windows, new crawl space vapor barrier (ask for full list of updates) Walking distance to premier shopping, dining, festivals, and the highly anticipated Margins District (luxury and high-end amenities to Franklin's South side). Come make this home your own! Eligible for STR 113 days a year.
Listing updated:
Zoned schools: Franklin Elementary, Freedom Middle School, Centennial High School (verify current zoning with the district).
Iconic Castle Inspired Home with Timeless Charm and a POOL! Nestled on one of Downtown Franklin's most generous lots, in a highly sought after area, walking distance to Historic Main St. This stunning 5-bedroom, 3.5-bathroom residence is a rare find. From the moment you arrive, you'll be captivated by its grand entrance with a striking curved staircase. A wide hallway with Brazilian Cherry hardwood floors, a commanding dining room all leading to the heart of the home"”a spacious, open-concept living area. The kitchen boasts 2 ovens, dishwashers, and sinks, a large central island, and an eat-in space that easily accommodates a 6 seat table. Flowing seamlessly into a sunlit living room with a double-sided fireplace. Arched doorways welcome you to the sunroom - a peaceful retreat you may never want to leave! Two bedrooms are located on the main floor (or use as an office). A bonus room is located above the garage - once a soundproof recording studio"”perfect for music lovers, as a theater room. On the second floor, the luxurious primary suite offers a private walk-out terrace, ideal for morning coffee or evening sunsets. Plus 2 additional large bedrooms - all with walk-in closets. A 2nd laundry room. A full storage room. Situated on almost half an acre with a fully fenced backyard. Enjoy your own oasis with one of only a dozen SWIMMING POOLS in the downtown core, a large patio with pergola, flower beds, and multi seating areas. A Kitchen garden, utility shed and so much more. Fresh paint. New lighting throughout. BRAND NEW Roof (Dec '25)! New Windows, new crawl space vapor barrier (ask for full list of updates) Walking distance to premier shopping, dining, festivals, and the highly anticipated Margins District (luxury and high-end amenities to Franklin's South side). Come make this home your own! Eligible for STR 113 days a year.
| LAST UPDATED | 6/17/2026 | TRACT | Historic Downtown Franklin |
|---|---|---|---|
| YEAR BUILT | 1988 | GARAGE SPACES | 2.0 |
| COUNTY | Williamson | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Franklin Elementary |
|---|---|
| Jr. High School | Freedom Middle School |
| High School | Centennial High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Dryer, Electric Oven, Refrigerator, Washer |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Stucco, Wood Siding |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | Central Vacuum, Walk-In Closet(s) |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 100 X 166 |
| PARKING | Garage Faces Front, Attached |
| POOL | Yes |
| POOL DESCRIPTION | In Ground, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Historic Downtown Franklin |
| TAXES | 5985 |
| UTILITIES | Electricity Available, Natural Gas Available, 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 home
301 Mercury Dr, Franklin, TN 37064 is a 5-bedroom, 3.5-bath home in Franklin, TN 37064, offered at $1,700,000, about $413/sq ft across 4,115 sq ft.
At $413/sq ft, this home is about 33% below the Historic Downtown Franklin median list price per square foot of $614.
Recently sold at Historic Downtown Franklin: 6 comparable homes from $1,064,000 to $2,380,000, a median of $499/sq ft; this listing at $413/sq ft is about 17% below recent sold prices.
All-in, about $9,269/mo at 25% down (6.64% 30-yr).
At the current 6.64% 30-year rate, principal and interest on this home runs about $8,175/mo; at the 6.50% rate of about three months ago it would be roughly $8,061/mo; monthly P&I is about $114 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $499/mo) and insurance (about $595/mo)) run about $1,094/mo, roughly 12% of the all-in monthly payment.
Price & sale history
- Last sold for $658,000 in October 2015.
- County assessment: $845,600 total appraised value (land $292,000 + improvements $553,600).
- Listed at $1,700,000, about 101% above the county total appraised value ($845,600), 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?
| Active listings | 15 |
|---|---|
| Median list price | $2,330,000 |
| Median $/sqft (list) | $614 |
As of (15 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Historic Downtown Franklin
Its $413/sq ft is near the bottom of Historic Downtown Franklin, about the 0th percentile of its 15 active home comparables.
On a per-square-foot basis, Historic Downtown Franklin runs roughly 56% above the Franklin 37064 area.
Computed by Grant Hammond from 15 active Historic Downtown Franklin 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 Centennial High closed at a median of $765,000 ($306/sq ft) over the past 24 months, across 735 single-family sales. That is the sixth-highest price per square foot of Williamson County's 9 high-school zones, 4% below 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 301 Mercury Dr, Franklin
The estimated monthly payment for 301 Mercury Dr, Franklin is about $9,269: a jumbo 30-year mortgage at 6.638% with 25% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $8,175
- Property tax: $499
- Insurance (est.): $595
- Income to qualify: $397,229
- Cash to close: $476,000
- Equity at yr 5: $504,583
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 301 Mercury Dr cost?
301 Mercury Dr is listed at $1,700,000, about $413 per square foot across 4,115 square feet (as of 06-17-2026).
What is the price per square foot for 301 Mercury Dr?
301 Mercury Dr is priced at $413 per square foot, 4,115 square feet at $1,700,000 (as of 06-17-2026).
Does 301 Mercury Dr have an HOA?
No. 301 Mercury Dr has no HOA dues, per the listing (as of 06-17-2026).
How big is the lot for 301 Mercury Dr?
301 Mercury Dr sits on a 0.4-acre lot, measuring approximately 100 X 166 (per the listing).
Does 301 Mercury Dr have a garage?
Yes. 301 Mercury Dr has an attached garage, per the listing.
Does 301 Mercury Dr have a basement?
No. 301 Mercury Dr is built on a crawl space (no basement), per the listing.
When was 301 Mercury Dr built?
301 Mercury Dr was built in 1988.
What are the property taxes on 301 Mercury Dr?
The annual property tax reported for 301 Mercury Dr is about $5,985 (as reported on the listing, as of 06-17-2026).
What is the estimated monthly payment for 301 Mercury Dr?
About $9,269 per month at 6.638% on a 30-year loan with 25% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 301 Mercury Dr?
301 Mercury Dr is zoned for Franklin Elementary, Freedom Middle School, Centennial High School, per the listing. Verify current enrollment and zoning with the district.
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
