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416 Mackenzie Way, Franklin, TN 37064

416 Mackenzie Way, Franklin, TN 37064, Active at $875,000 ($303/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,890 sqft · $303/sqft · 0.23 ac.

Active · $875,000

4 beds2.5 baths2,890 sq ft$303 /sq ft0.23 acres

MLS #3242022 · listed June 21, 2026 · 34 days on market · updated July 4, 2026

4-bed, 2.5-bath home at 416 Mackenzie Way in Sullivan Farms Sec D, Franklin, 2,890 sqft, $875,000 ($303/sqft), by Compass RE.

The quick read

416 Mackenzie Way is a 4-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $875,000, about $303/sq ft across 2,890 sq ft.

At $303/sq ft, this home is about 7% above the Sullivan Farms Sec D median list price per square foot of $283.

Market read: the Franklin 37064 homes market is buyer-favored, at about 7.4 months of inventory.

All-in, about $5,304/mo at 20% down (6.68% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $796/mo, roughly 15% of the all-in monthly payment.

At the current 6.68% 30-year rate, principal and interest on this home runs about $4,508/mo; at the 6.277% rate of about three months ago it would be roughly $4,322/mo, so monthly P&I is about $186 higher now.

School zone: assigned to Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 416 Mackenzie Way (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of July 4, 2026. RealTracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Highlights

2-car garageBuilt 1999

Full property details

Complete reported fields for 416 Mackenzie Way (reference).

MLS #3242022
StatusActive
Price$875,000
Price / sqft$303
Bedrooms4
Bathrooms2.5 (2 full, 1 half)
Living area2,890 sqft
Lot size0.23 acres
Year built1999
All 29 property fields
Garage spaces2
Stories2
HeatingCentral
CoolingYes
BasementNone
ConstructionBrick
ParkingGarage Faces Front, Attached
Annual taxes$3,231
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
Garage typeAttached Garage, Yes
HOA dues$63 / mo
SubdivisionSullivan Farms Sec D
CountyWilliamson
PetsPermitted (as listed)
ListedJune 21, 2026
Days on market34
UpdatedJuly 4, 2026

Listing activity

DateEventPriceChange
Listed$875,000
  • County assessment: $521,600 total appraised value (land $105,000 + improvements $416,600).

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

Cost of ownership

Estimated monthly ownership for 416 Mackenzie Way at $875,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.

List price$875,000
HOA dues$63 / mo
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 416 Mackenzie Way, Franklin

Estimated total monthly payment for 416 Mackenzie Way is about $5,304/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $4,508, estimated property tax $291, homeowners insurance $442, and HOA dues $63. Estimate only; not a loan offer.

Principal & interest$4,508/mo
Property tax (est.)$291/mo
Homeowners insurance (est.)$442/mo
HOA dues$63/mo
Estimated total$5,304/mo
6.945%5.937%6.68%2024-06-282026-07-23
30-year fixed ranged 5.937% to 6.945% over the last 104 readings, currently 6.68% (Freddie Mac PMMS via the GH rate feed).

Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Franklin, Williamson County rate 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
5.68%$4,054/mo$4,850/mo-$454/mo
6.18%$4,278/mo$5,074/mo-$230/mo
6.68%$4,508/mo$5,304/mocurrent
7.18%$4,742/mo$5,538/mo+$234/mo
7.68%$4,981/mo$5,777/mo+$473/mo

Principal & interest on a 30-year fixed at 20% down ($700,000 loan), with property tax, insurance, and HOA held constant at $796/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.

Buy versus rent, 416 Mackenzie Way

Owning 416 Mackenzie Way runs about $5,304/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.

Property-tax outlook

The Williamson County appraised value of $521,600 trails the $875,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,081 now to roughly $3,491 (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.

How this home is priced

How 416 Mackenzie Way compares in Sullivan Farms Sec D

MetricThis homeSullivan Farms Sec D activeRecently sold
Price / sq ft$303$283 median-
Price position74th pctile+7% vs median-
Sullivan Farms Sec D vs Franklin 37064 area--31%-

This listing beside the active Sullivan Farms Sec D market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.

How this home compares in Sullivan Farms Sec D

Among the 14 active homes in Sullivan Farms Sec D, this home at $303/sq ft falls in the 74th percentile on price per square foot.

Sullivan Farms Sec D trades about 31% below Franklin 37064 area on a price-per-square-foot basis.

Taken together, this home reads toward the higher end per square foot for Sullivan Farms Sec D.

Computed by Grant Hammond from 14 Sullivan Farms Sec D comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.

Home prices by high-school zone in Williamson County

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 zoneMedian $/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).

Competition & market pace

Active listings653 in Franklin 37064 homes
Recent absorptionabout 88.2 sales / mo
Months of inventory7.4 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 2026-07-22.

Location & neighborhood

416 Mackenzie Way sits in Sullivan Farms Sec D, Franklin, Williamson County.

Sullivan Farms Sec D market snapshot

In Sullivan Farms Sec D, homes there are priced around $283 per square foot; inventory in Franklin 37064 homes is running at about 7.4 months, a buyer-favored market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.

Assigned schools

416 Mackenzie Way is zoned for Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Ask Grant about 416 Mackenzie Way

Get the full details, recent comparable sales, and any off-market options for 416 Mackenzie Way - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar active listings

Comparable active listings near 416 Mackenzie Way, by price and size.

Listed with Compass RE. 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.

Nashville real estate insights

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

Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.

Jimmy Franks Sells Franklin Mansion to Kenny Chesney

Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.

Read: Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer
Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer

Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.

Read: Middle Tennessee Real Estate Market Update June 2026
Middle Tennessee Real Estate Market Update June 2026

June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Popular searches in Franklin

Frequently asked questions about 416 Mackenzie Way

Is 416 Mackenzie Way, Franklin still for sale?

As of the latest update (July 4, 2026), 416 Mackenzie Way, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 416 Mackenzie Way, Franklin cost?

416 Mackenzie Way, Franklin is listed at $875,000, about $303 per square foot across 2,890 square feet.

How many bedrooms and bathrooms does 416 Mackenzie Way, Franklin have?

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

What is the price per square foot?

About $303 per square foot ($875,000 across 2,890 sqft).

When was 416 Mackenzie Way, Franklin built?

416 Mackenzie Way, Franklin was built in 1999.

Does 416 Mackenzie Way, Franklin have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $63 per month, as listed.

What subdivision is 416 Mackenzie Way, Franklin in?

416 Mackenzie Way, Franklin is in the Sullivan Farms Sec D subdivision of Franklin.

What is the estimated monthly payment for 416 Mackenzie Way, Franklin?

About $5,304 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $4,508, estimated property tax $291, insurance $442, and HOA $63. 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 416 Mackenzie Way, Franklin zoned for?

416 Mackenzie Way, Franklin is zoned for Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

Are pets allowed at 416 Mackenzie Way, Franklin?

Pets are permitted at 416 Mackenzie Way, 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.

Is 416 Mackenzie Way, Franklin a short-term-rental property?

No, 416 Mackenzie Way, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 416 Mackenzie Way, 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 416 Mackenzie Way, 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 416 Mackenzie Way, 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 416 Mackenzie Way, 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 416 Mackenzie Way, Franklin priced compared to the market?

At about $303 per square foot, 416 Mackenzie Way, Franklin ranks in the 74th percentile of active Sullivan Farms Sec D listings by price per square foot, roughly 7% above the Sullivan Farms Sec D median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37064 homes market favoring buyers or sellers?

The Franklin 37064 homes market is currently buyer-favored (ample supply), at about 7.4 months of inventory, per RealTracs as of 2026-07-22.

Thinking of selling in Sullivan Farms Sec D?

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