424 Martingale Dr, Franklin, TN 37067
424 Martingale Dr, Franklin, TN 37067, Active at $1,599,000 ($363/sq ft). 4 bd · 4 ba · 4,400 sqft · $363/sqft · 1.09 ac.
424 Martingale Dr, Franklin, TN 37067, Active at $1,599,000 ($363/sq ft). 4 bd · 4 ba · 4,400 sqft · $363/sqft · 1.09 ac.
Active · $1,599,000
MLS #3211292 · updated 2026-06-28 · listed with Compass
4-bed, 4-bath home at 424 Martingale Dr in Cedarmont Valley Est, Franklin, 4,400 sqft, $1,599,000 ($363/sqft), by Compass.
424 Martingale Dr is a 4-bedroom, 4-bath home in Franklin, TN 37067, offered at $1,599,000, about $363/sq ft across 4,400 sq ft.
At $363/sq ft, this home is about 11% above the Franklin 37067 median list price per square foot of $327.
Market read: Franklin 37067 homes is a buyer-favored market at about 10.3 months of inventory.
School zone: assigned to Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 424 Martingale Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-28. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
New opportunity for buyer: Preferred Lender offering up to $15,990 towards closing cost or 1% off interest rate for the 1st year. Welcome to your private retreat! Nestled in Cedarmont on just over an acre of beautifully maintained property, this stunning 4-bedroom, 4-bathroom home offers the perfect blend of comfort, luxury, and outdoor living. From the spacious layout to the resort-style backyard, every detail is designed for relaxation and entertaining. Step inside to find generous living spaces filled with natural light, a well-appointed kitchen perfect for gathering with family and friends, and spacious bedrooms that provide comfort and privacy for everyone. The primary suite serves as a true escape with a spa-like bath and ample closet space. Outdoors is where this home truly shines. Enjoy warm days and cool evenings in the gorgeous heated saltwater pool, perfect for entertaining or simply unwinding this time of year. With over an acre of land, there's plenty of room to enjoy the peaceful surroundings while still having space for recreation. Whether you're hosting summer pool parties, enjoying quiet mornings with coffee, or looking for a spacious family home with upscale amenities, this property offers it all. Don't miss the opportunity to make this exceptional home yours!
Listing remarks courtesy of Compass via RealTracs.
| Metric | This home | Franklin 37067 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $363 | $327 median | - |
| Price position | 73rd pctile | -11% vs median | - |
This listing beside the active Franklin 37067 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Analysis, not an appraisal.
At $363/sq ft, this home ranks in the 73rd percentile of the 205 active homes in Franklin 37067 by price per square foot.
Franklin 37067 trades about 11% below greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37067.
Computed by Grant Hammond from 205 Franklin 37067 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 241 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 23.4 sales / mo |
| Months of inventory | 10.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 424 Martingale Dr at $1,599,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,599,000 |
|---|---|
| HOA dues | $150 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $854,800 trails the $1,599,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,411 now to roughly $6,380 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). 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.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
424 Martingale Dr sits in Cedarmont Valley Est, Franklin, Williamson County.
In Franklin 37067, homes there are priced around $327 per square foot; inventory is running at about 10.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
424 Martingale Dr is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-06-28), 424 Martingale Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
424 Martingale Dr, Franklin is listed at $1,599,000, about $363 per square foot across 4,400 square feet.
4 bedrooms and 4 ba.
About $363 per square foot ($1,599,000 across 4,400 sqft).
424 Martingale Dr, Franklin was built in 1996.
Yes, 3 garage spaces, per the listing.
HOA dues are $150 per month, as listed.
424 Martingale Dr, Franklin is in the Cedarmont Valley Est subdivision of Franklin.
424 Martingale Dr, Franklin is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 424 Martingale Dr, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $363 per square foot, 424 Martingale Dr, Franklin ranks in the 73rd percentile of active Franklin 37067 listings by price per square foot, roughly 11% above the Franklin 37067 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37067 is currently a buyer-favored market (ample supply), at about 10.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 424 Martingale Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 424 Martingale Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Compass. 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.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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