Active · $659,000
MLS #3242847 · updated 2026-07-09 · listed with luxeSOUTH Realty
4-bed, 2-bath home at 323 Colt Ln in Meadowgreen Acres, Franklin, 1,832 sqft, $659,000 ($360/sqft), by luxeSOUTH Realty.
323 Colt Ln is a 4-bedroom, 2-bath home in Franklin, TN 37069, offered at $659,000, about $360/sq ft across 1,832 sq ft.
At $360/sq ft, this home is priced in line with the Franklin 37069 list-price median of $365/sq ft.
Market read: Franklin 37069 homes is a buyer-favored market at about 6.3 months of inventory.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 323 Colt Ln (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.
Nestled on nearly half an acre just outside the Franklin city limits, this charming two-story home offers the perfect combination of space, privacy, and convenience. Featuring 4 bedrooms, 2 full bathrooms, and two separate living areas, this home provides flexible living space for families, entertaining, home offices, or multi-generational needs. The spacious lot backs up to the highly desirable Fieldstone Farms community, providing a peaceful setting while keeping you close to shopping, dining, parks, and everything Franklin has to offer. Enjoy the benefits of county living with sought-after Williamson County schools and easy access to major commuter routes. Inside, you'll find generous living spaces filled with natural light, a functional floor plan, and plenty of room to make the home your own. Whether you're gathering with family in one of the two living areas, enjoying the expansive backyard, or relaxing after a long day, this property offers comfort and versatility rarely found at this price point. Don't miss this opportunity to own a spacious Franklin-area home on a large lot in one of Middle Tennessee's most sought-after locations.
Listing remarks courtesy of luxeSOUTH Realty via RealTracs.
At $360/sq ft, this home ranks in the 48th percentile of the 155 active homes in Franklin 37069 by price per square foot.
Computed by Grant Hammond from 155 Franklin 37069 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 | 165 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 26.2 sales / mo |
| Months of inventory | 6.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 323 Colt Ln at $659,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $659,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $369,400 trails the $659,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,201 now to roughly $2,142 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) 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.
323 Colt Ln sits in Meadowgreen Acres, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $365 per square foot; inventory is running at about 6.3 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.
323 Colt Ln is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin 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), 323 Colt Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
323 Colt Ln, Franklin is listed at $659,000, about $360 per square foot across 1,832 square feet.
4 bedrooms and 2 ba.
About $360 per square foot ($659,000 across 1,832 sqft).
323 Colt Ln, Franklin was built in 1962.
No garage is reported in the listing.
No HOA dues are reported for this home.
323 Colt Ln, Franklin is in the Meadowgreen Acres subdivision of Franklin.
323 Colt Ln, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 323 Colt Ln, 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 $360 per square foot, 323 Colt Ln, Franklin ranks in the 48th percentile of active Franklin 37069 listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37069 is currently a buyer-favored market (ample supply), at about 6.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 323 Colt Ln (reference).
Get the full details, recent comparable sales, and any off-market options for 323 Colt Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with luxeSOUTH Realty. 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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