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207 Ribbon Ln, Franklin, TN 37064

Active · $559,999

2 beds2.5 baths1,662 sq ft$337 /sq ft0.09 acres

MLS #3229144 · updated 2026-06-28 · listed with KKI Ventures, INC dba Marshall Reddick Real Estate

2-bed, 2.5-bath condo at 207 Ribbon Ln in Avondale Cottages, downtown, midtown, Franklin, 1,662 sqft, $559,999 ($337/sqft), by KKI Ventures, INC dba Marshall Reddick Real Estate.

The quick read

207 Ribbon Ln is a 2-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $559,999, about $337/sq ft across 1,662 sq ft.

At $337/sq ft, this condo is about 14% below the Franklin 37064 median list price per square foot of $391.

Market read: Franklin 37064 condos is a buyer-favored market at about 10.2 months of inventory.

Next step: ask Grant Hammond anything about 207 Ribbon Ln (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 condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Highlights

InsuranceMaintenance GroundsMaintenance StructurePest Control1-car garageBuilt 2022

Description of 207 Ribbon Ln

EXCLUSIVE 3.75% INTEREST RATE WITH USE OF PREFERRED LENDER! Welcome to effortless living in the heart of Franklin! Located in the desirable Avondale Cottages community recently built in 2022, this modern 2-bedroom, 2.5-bath townhome offers ~1,662 sq ft of beautifully designed space just steps, or even a quick ride if you take advantage of the community bikes available to residents, from Historic Downtown Franklin. Built with both style and function in mind, this home features luxury finishes throughout, including hardwood floors, stainless steel appliances, marble countertops, and a tile backsplash that adds a refined touch to the kitchen. The "Lock and Leave" lifestyle makes this home ideal for those seeking low-maintenance living without compromising location or comfort. Whether you're commuting to Nashville (just 40 minutes to the airport), heading to Berry Farms (10 minutes away), or exploring the vibrant Franklin scene, you'll enjoy easy highway access in all directions. Tucked in a quiet, well-kept community, this property is highly affordable for the Franklin market and a standout opportunity for buyers who value convenience, modern design, and walkability. Whether you're a first-time buyer, a frequent traveler, an investor, or someone looking to downsize without sacrificing quality, this townhome checks all the boxes. Photos are of staged model unit that is similar to the list unit, but not an exact representation.

Listing remarks courtesy of KKI Ventures, INC dba Marshall Reddick Real Estate via RealTracs.

How this condo is priced in its building

How 207 Ribbon Ln compares in Franklin 37064

MetricThis condoFranklin 37064 activeRecently sold
Price / sq ft$337$391 median-
Price position32nd pctile+11% vs median-

This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.

How this condo compares in Franklin 37064

Among the active condos in Franklin 37064, this condo at $337/sq ft falls in the 32nd percentile on price per square foot.

Franklin 37064 trades about 11% above greater Franklin on a price-per-square-foot basis.

Taken together, this condo reads toward the higher end per square foot for Franklin 37064.

Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-17, refreshed weekly. Analysis, not an appraisal.

Competition & market pace

Active listings234 in Franklin 37064 condos
Recent absorptionabout 22.9 sales / mo
Months of inventory10.2 months, a buyer-favored market (ample supply)

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 2026-07-16. Analysis, not an appraisal.

Cost of ownership

Estimated monthly ownership for 207 Ribbon Ln at $559,999: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$559,999
HOA dues$220 / 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

Property-tax outlook

The Williamson County appraised value of $360,500 trails the $559,999 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,438 now to roughly $2,234 (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.

Listing activity

Price and sale history

  • County assessment: $360,500 total appraised value (land $120,000 + improvements $240,500).

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.

    Location & neighborhood

    207 Ribbon Ln sits in Avondale Cottages, downtown, midtown, Franklin, Williamson County.

    Franklin 37064 market snapshot

    In Franklin 37064, homes there are priced around $391 per square foot; inventory is running at about 10.2 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.

    Assigned schools

    207 Ribbon Ln is zoned for Poplar Grove K-4, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

    Elementary
    Poplar Grove K-4
    Middle
    Freedom Middle School

    Frequently asked questions

    Is 207 Ribbon Ln, Franklin still for sale?

    As of the latest update (2026-06-28), 207 Ribbon Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

    How much does 207 Ribbon Ln, Franklin cost?

    207 Ribbon Ln, Franklin is listed at $559,999, about $337 per square foot across 1,662 square feet.

    How many bedrooms and bathrooms does 207 Ribbon Ln, Franklin have?

    2 bedrooms and 2.5 ba (2 full, 1 half).

    What is the price per square foot?

    About $337 per square foot ($559,999 across 1,662 sqft).

    When was 207 Ribbon Ln, Franklin built?

    207 Ribbon Ln, Franklin was built in 2022.

    Does 207 Ribbon Ln, Franklin have a garage?

    Yes, 1 garage spaces, per the listing.

    Are there HOA dues?

    HOA dues are $220 per month, as listed.

    What subdivision is 207 Ribbon Ln, Franklin in?

    207 Ribbon Ln, Franklin is in the Avondale Cottages, downtown, midtown subdivision of Franklin.

    What schools is 207 Ribbon Ln, Franklin zoned for?

    207 Ribbon Ln, Franklin is zoned for Poplar Grove K-4, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

    What do the HOA dues cover at 207 Ribbon Ln, Franklin?

    HOA dues are $220 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

    How is 207 Ribbon Ln, Franklin priced versus the building?

    On a fee-adjusted price-per-square-foot basis within the building, so units compare on true carrying cost rather than raw list price.

    Who can tell me more about 207 Ribbon Ln, Franklin?

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

    How is 207 Ribbon Ln, Franklin priced compared to the market?

    At about $337 per square foot, 207 Ribbon Ln, Franklin ranks in the 32nd percentile of active Franklin 37064 listings by price per square foot, roughly 14% below the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

    Is the Franklin 37064 market favoring buyers or sellers?

    Franklin 37064 is currently a buyer-favored market (ample supply), at about 10.2 months of inventory, per RealTracs as of 2026-07-16.

    Full property details

    Complete reported fields for 207 Ribbon Ln (reference).

    MLS #3229144
    StatusActive
    Price$559,999
    Price / sqft$337
    Bedrooms2
    Bathrooms2.5 ba (2 full, 1 half)
    Living area1,662 sqft
    Lot size0.09 acres
    Year built2022
    All 15 property fields
    Garage spaces1
    HOA dues$220 / mo
    SubdivisionAvondale Cottages, downtown, midtown
    CountyWilliamson
    AmenitiesInsurance, Maintenance Grounds, Maintenance Structure, Pest Control
    Updated2026-06-28

    Ask Grant about 207 Ribbon Ln

    Get the full details, recent comparable sales, and any off-market options for 207 Ribbon Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

    Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

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    Listed with KKI Ventures, INC dba Marshall Reddick 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.

    Nashville real estate insights

    Read: Franklin, TN Home Prices by School Zone (2026)
    Franklin, TN Home Prices by School Zone (2026)

    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).

    Read: Franklin TN Home Prices: The Williamson County Market Pulse
    Franklin TN Home Prices: The Williamson County Market Pulse

    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.

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