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5056 Donovan St, Franklin, TN 37064

5056 Donovan St, Franklin, TN 37064, Active at $765,000 ($440/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,738 sqft · $440/sqft · 0.09 ac.

Active · $765,000

3 beds2.5 baths1,738 sq ft$440 /sq ft0.09 acres

MLS #3207955 · listed May 12, 2026 · 168 days on market · updated October 21, 2026

3-bed, 2.5-bath condo at 5056 Donovan St in Westhaven Sec 40, Franklin, 1,738 sqft, $765,000 ($440/sqft), by Weichert, REALTORS - Big Dog Group.

The quick read

5056 Donovan St is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $765,000, about $440/sq ft across 1,738 sq ft.

At $440/sq ft, this condo is about 12% below the Westhaven median list price per square foot of $499.

Recently sold in Franklin 37064: 170 comparable condos from $517,000 to $1,025,009, a median of $347/sq ft; this listing at $440/sq ft is about 27% above recent sold prices.

Market read: the Franklin 37064 condos market is balanced as of October 15, 2026, at about 4.2 months of inventory; recent sales have closed near 98.8% of list in the 12 months to October 23, 2026.

All-in, about $5,347/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,151/mo, roughly 22% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this condo runs about $4,196/mo; at the 6.81% rate of about three months ago it would be roughly $3,994/mo, so monthly P&I is about $202 higher now.

Next step: ask Grant Hammond anything about 5056 Donovan St (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of October 21, 2026. Realtracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 5056 Donovan St

Perfectly priced and perfectly positioned in the heart of sought-after Westhaven, this stylish end-unit townhome blends timeless design with low-maintenance luxury living. Featuring 3 bedrooms, 2.5 baths, and an inviting open-concept layout, the home offers abundant natural light, elegant finishes, and seamless spaces for both everyday living and entertaining. The gourmet eat-in kitchen opens to spacious living and dining areas, while a private courtyard patio and charming front porch provide ideal outdoor retreats. Upstairs, the spacious primary suite is complemented by two additional bedrooms and thoughtfully designed living space throughout. Enjoy walkable access to Westhaven's exceptional amenities including resort-style pools, fitness center, golf and country club, walking trails, parks, boutique shopping, dining, and year-round community events. Conveniently located just minutes from downtown Franklin and Leiper's Fork, this home offers the perfect blend of luxury, convenience, and community living.

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

1-car garageBuilt 2015

Full property details

Complete reported fields for 5056 Donovan St (reference).

MLS #3207955
StatusActive
Price$765,000
Price / sqft$440
Bedrooms3
Bathrooms2.5 (2 full, 1 half)
Living area1,738 sqft
Lot size0.09 acres
Year built2015
All 31 property fields
Garage spaces1
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionFiber Cement
ParkingGarage Door Opener, Garage Faces Rear, Alley Access, Attached
Annual taxes$2,486
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
Interior featuresCeiling Fan(s), High Ceilings, Open Floorplan, Pantry, Walk-In Closet(s)
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available, Cable Connected, Underground Utilities
Garage typeAttached Garage, Yes
HOA dues$496 / mo
SubdivisionWesthaven Sec 40
CountyWilliamson
PetsPermitted (as listed)
AmenitiesInsurance, Maintenance Grounds, Maintenance Structure, Pest Control, Trash
ListedMay 12, 2026
Days on market168
UpdatedOctober 21, 2026

Listing activity

DateEventPriceChange
Listed$765,000
Deed recorded$370,145

Listed May 12, 2026, this listing has been on the market 168 days as of October 27, 2026. The asking price has not changed since it was listed.

  • Listed at $765,000, about 107% above the last recorded sale ($370,145, March 11, 2016).
  • County assessment: $461,200 total appraised value (land $128,000 + improvements $333,200).

County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 5056 Donovan St at $765,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$765,000
HOA dues$496 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 5056 Donovan St, Franklin

Estimated total monthly payment for 5056 Donovan St is about $5,347/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,196, estimated property tax $250, homeowners insurance $405, and HOA dues $496. Estimate only; not a loan offer.

Principal & interest$4,196/mo
Property tax (est.)$250/mo
Homeowners insurance (est.)$405/mo
HOA dues$496/mo
Estimated total$5,347/mo
7.61%6.13%7.3%February 19, 2025October 22, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.30% (Mortgage News Daily, as of October 22, 2026).

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.30%$3,788/mo$4,939/mo-$408/mo
6.80%$3,990/mo$5,141/mo-$206/mo
7.30%$4,196/mo$5,347/mocurrent
7.80%$4,406/mo$5,557/mo+$210/mo
8.30%$4,619/mo$5,770/mo+$423/mo

Principal & interest on a 30-year fixed at 20% down ($612,000 loan), with property tax, insurance, and HOA held constant at $1,151/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.

Buy versus rent, 5056 Donovan St

Owning 5056 Donovan St runs about $5,347/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.

Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.

True cost of ownership, HOA included

HOA dues$496 / mo (about 9% of the estimated total payment)
HOA per year$5,952
HOA over 5 years$29,760 (at current dues)
Effective carrying cost$3.077 / sq ft / mo (estimated total over 1,738 sq ft)

HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.

Property-tax outlook

The Williamson County appraised value of $461,200 trails the $765,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,806 now to roughly $2,995 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100)). 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.

How this condo is priced in its building

How 5056 Donovan St compares in Westhaven

MetricThis condoWesthaven activeRecently sold
Price / sq ft$440$499 median-
Price position26th pctile-12% vs median-
Westhaven vs Franklin 37064 area-+30%-

This listing beside the active Westhaven market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.

This listing beside the active Westhaven market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

How this condo compares in Westhaven

Among the 99 active condos in Westhaven, this condo at $440/sq ft falls in the 26th percentile on price per square foot.

Westhaven trades about 30% above Franklin 37064 area on a price-per-square-foot basis.

Taken together, this condo reads toward the lower end per square foot for Westhaven.

Computed by Grant Hammond from 99 Westhaven comparables (Realtracs via IDX), as of October 27, 2026, refreshed weekly.

What units sell for in Westhaven Sec 40, by size

Median closed price and price per square foot by unit size in Westhaven Sec 40, from the last 24 months of recorded sales:

Unit sizeMedian soldMedian $/sq ftClosings
2 BR$725,000$47717
3 BR$860,000$39254
4+ BR$975,000$37411

Computed by Grant Hammond from recorded Westhaven Sec 40 closings, grouped by unit size (Realtracs via IDX).

Price per square foot trend in Westhaven Sec 40

In Westhaven Sec 40, the median sale price per square foot has moved from about $436 (2025-10) to about $396 (2026-10), roughly 9% down across the last 12 months of recorded sales.

Computed by Grant Hammond from the monthly price-per-square-foot of recorded Westhaven Sec 40 closings (Realtracs via IDX).

Competition & market pace

Active listings103 in Franklin 37064 condos
Recent absorptionabout 24.5 sales / mo
Months of inventory4.2 months, a balanced market

Over the past 12 months, homes in Franklin 37064 condos sold at about 98.8% of list price.

Recorded sales in Franklin 37064 condos: 296 in the past 12 months.

Supply-side and recent-sale context for Franklin 37064 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 condos closings. Source Realtracs via IDX, as of October 15, 2026.

Location & neighborhood

5056 Donovan St sits in Westhaven Sec 40, Franklin, Williamson County.

Westhaven market snapshot

In Westhaven, homes there are priced around $499 per square foot; inventory in Franklin 37064 condos is running at about 4.2 months, a balanced market; recent sales in Franklin 37064 closed near 98.8% of list price; 170 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

Approximately 18 miles from downtown Nashville (straight-line distance).

Assigned schools

5056 Donovan St is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Middle
Hillsboro Elementary/ Middle School

Ask Grant about 5056 Donovan St

Get the full details, recent comparable sales, and any off-market options for 5056 Donovan St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar listings nearby

Comparable listings near 5056 Donovan St, by price and size.

Listed by Jon Cherry, Weichert, REALTORS - Big Dog Group. 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.

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Popular searches in Franklin

Frequently asked questions about 5056 Donovan St

Is 5056 Donovan St, Franklin still for sale?

As of the latest update (October 21, 2026), 5056 Donovan St, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 5056 Donovan St been on the market?

5056 Donovan St was listed on May 12, 2026 and has been on the market 168 days as of October 27, 2026, per Realtracs.

Has the price of 5056 Donovan St changed?

No. The asking price has been $765,000 since it was listed on May 12, 2026.

How much does 5056 Donovan St, Franklin cost?

5056 Donovan St, Franklin is listed at $765,000, about $440 per square foot across 1,738 square feet.

How many bedrooms and bathrooms does 5056 Donovan St, Franklin have?

3 bedrooms and 2.5 bathrooms (2 full, 1 half).

What is the price per square foot?

About $440 per square foot ($765,000 across 1,738 sqft).

When was 5056 Donovan St, Franklin built?

5056 Donovan St, Franklin was built in 2015.

Does 5056 Donovan St, Franklin have a garage?

Yes, 1 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $496 per month, as listed.

What subdivision is 5056 Donovan St, Franklin in?

5056 Donovan St, Franklin is in the Westhaven Sec 40 subdivision of Franklin.

What is the estimated monthly payment for 5056 Donovan St, Franklin?

About $5,347 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,196, estimated property tax $250, insurance $405, and HOA $496. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 5056 Donovan St, Franklin zoned for?

5056 Donovan St, Franklin is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

Are pets allowed at 5056 Donovan St, Franklin?

Pets are permitted at 5056 Donovan St, Franklin, as listed. Any breed, size, or number limits are set by the HOA or owner; confirm the current pet policy before relying on it.

What do the HOA dues cover at 5056 Donovan St, Franklin?

HOA dues are $496 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 5056 Donovan St, Franklin priced versus the building?

At $440 per square foot, 5056 Donovan St, Franklin is in the 25th percentile of active listings in the Westhaven, about 12% below the $499 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 5056 Donovan St, Franklin?

Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.

How do I make an offer on 5056 Donovan St, Franklin?

Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Are more photos and details available for 5056 Donovan St, Franklin?

Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.

Who can tell me more about 5056 Donovan St, Franklin?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.

How is 5056 Donovan St, Franklin priced compared to the market?

At about $440 per square foot, 5056 Donovan St, Franklin ranks in the 25th percentile of active Westhaven listings by price per square foot, roughly 12% below the Westhaven median; recent comparable sales in Westhaven closed near $347 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37064 condos market favoring buyers or sellers?

The Franklin 37064 condos market is currently balanced, at about 4.2 months of inventory; recent sales have closed near 98.8% of list price over the past year, per Realtracs as of October 15, 2026.

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