1509 Sunset Dr, Franklin, TN 37064
Conditional · $489,900
2 beds1 bath1,025 sq ft$478 /sq ft0.35 acres
MLS #3213492 · updated 2026-07-09 · listed with OBR Real Estate
Conditional · $489,900
MLS #3213492 · updated 2026-07-09 · listed with OBR Real Estate
2-bed, 1-bath home at 1509 Sunset Dr in James, Franklin, 1,025 sqft, $489,900 ($478/sqft), by OBR Real Estate.
1509 Sunset Dr is a 2-bedroom, 1-bath home in Franklin, TN 37064, offered at $489,900, about $478/sq ft across 1,025 sq ft.
At $478/sq ft, this home is priced in line with the James list-price median of $478/sq ft.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1509 Sunset Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-09. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Rare opportunity on a beautiful deep 76' x 200' lot in one of downtown Franklin's most desirable neighborhoods. The true value here is the exceptional lot and location, with an existing brick ranch featuring a metal roof, detached one-car garage/workshop (20' x 40'), and large storage shed/workshop (13' x 21') providing added flexibility for renovation, rental, expansion, or future plans. Original oak hardwood floors everywhere except kitchen and bath. New HVAC in 2022. The level lot provides an unusually spacious and private backyard setting rarely found this close to Main Street. Surrounded by a growing number of custom homes and high-end renovations, this is a hard-to-find opportunity in a peaceful established neighborhood, yet exceptionally convenient to dining, shopping, parks, and schools. Crawl space needs mold remediation and vapor barrier installed - two quotes, $3,587, and $4,487 (see media). Window replacement needed - quote for $7,740. (see media)
Listing remarks courtesy of OBR Real Estate via RealTracs.
| Metric | This home | James active | Recently sold |
|---|---|---|---|
| Price / sq ft | $478 | $478 median | - |
| Price position | 50th pctile | +22% vs median | - |
This listing beside the active James market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.
At $478/sq ft, this home ranks in the 50th percentile of the 13 active homes in James by price per square foot.
James trades about 22% above Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for James.
Computed by Grant Hammond from 13 James comparables (RealTracs via IDX), as of 2026-07-17, 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 | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 1509 Sunset Dr at $489,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $489,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $348,400 trails the $489,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,390 now to roughly $1,955 (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.
1509 Sunset Dr sits in James, Franklin, Williamson County.
In James, homes there are priced around $478 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Market data, not an appraisal.
1509 Sunset Dr is zoned for Franklin Elementary, Freedom Middle School, Centennial 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 (2026-07-09), 1509 Sunset Dr, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1509 Sunset Dr, Franklin is listed at $489,900, about $478 per square foot across 1,025 square feet.
2 bedrooms and 1 ba.
About $478 per square foot ($489,900 across 1,025 sqft).
1509 Sunset Dr, Franklin was built in 1959.
Yes, 1 garage spaces, per the listing.
No HOA dues are reported for this home.
1509 Sunset Dr, Franklin is in the James subdivision of Franklin.
1509 Sunset Dr, Franklin is zoned for Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 1509 Sunset 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 $478 per square foot, 1509 Sunset Dr, Franklin ranks in the 50th percentile of active James listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
James is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 1509 Sunset Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 1509 Sunset Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with OBR Real Estate. 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 single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
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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